107
23. Earnings per share
Basic earnings per share
The calculation of basic earnings per share as at 31 December 2007 is based on the profit attributable to
ordinary shareholders of the Company (net profit) of €807 million (2006: €1,211 million) and a weighted
average number of ordinary shares - basic outstanding during the year ended 31 December 2007
of 489,353,315 (2006: 489,712,594).
Basic earnings per share for the year amounts to €1.65 (2006: €2.47).
Weighted average number of shares - basic
iousands of shares 2007 2006
Number of shares - basic - as at 1 January
489,564,594
489,974,594
Effect of own shares held
(211,279)
(262,000)
Weighted average number of shares - basic - as at 31 December
489,353,315
489,712,594
Diluted earnings per share
The calculation of diluted earnings per share as at 31 December 2007 was based on the profit attributable
to ordinary shareholders of the Company (net profit) of €807 million (2006: €1,211 million) and a weighted
average number of ordinary shares - basic outstanding after adjustment for the effects of all dilutive
potential ordinary shares of 489,974,594 (2006: 489,974,594). Diluted earnings per share for the year
amounted to €1.65 (2006: €2.47).
2 Loans and borrowings
This note provides information about the contractual terms of Heineken's interest-bearing loans and
borrowings. For more information about Heineken's exposure to interest rate risk and foreign currency
risk, refer to note 30.
f n-current liabilities
In millions of EUR 2007 2006
Secured bank loans
38
70
Unsecured bank loans
304
642
Unsecured bond issues
1,143
1,341
1 nance lease liabilities
16
6
Non-current interest-bearing liabilities
1,501
2,059
N n-current non-interest-bearing liabilities
20
32
1,521
2,091
C rrent interest-bearing liabilities
millions of EUR
2007
2006
Current portion of secured bank loans
39
22
C rrent portion of unsecured bank loans
291
159
C rent portion of unsecured bond issues
216
2
Current portion of finance lease liabilities
2
1
T al current portion of non-current interest-bearing liabilities
548
184
1 posits from third parties
323
293
0 her current interest-bearing liabilities
2
17
B nk overdrafts
282
747
1,155
1,241
Heineken N.V. Annual Report 2007