Historical summary
Other information
IFRS
2009
IFRS
2008
IFRS
2007
IFRS
2006
IFRS
2005
Revenue and profit
In millions of EUR
Revenue
14,701
14,319
11,245
10,556
9,672
Results from operating activities
1,630
1,182
1,364
1,637
1,125
Results from operating activities (beia)
1,968
181
1,642
1,391
1,234
as of revenue
13.4
1.3
14.6
13.2
12.8
as of total assets
9.8
0.9
13.7
11.6
11.3
Net profit
1,018
209
807
1,211
761
Net profit (beia)
1,055
1,013
1,119
930
840
as of equity attributable to
equity holders of the Company
19.7
22.7
20.7
18.6
21.2
Dividend proposed
318
304
343
294
196
as of net profit
31.2
145.5
42.5
24.3
25.8
Per share of EUR1.60
Cash flow from operating activities
4.87
3.39
3.12
3.55
3.49
Net profit (beia)
2.16
2.07
2.28
1.90
1.71
Dividend proposed
0.65
0.62
0.70
0.60
0.40
Equity attributable to equity holders of the Company
10.95
9.14
11.04
10.23
8.10
Cash flow statement
Cash flow from operations
3,029
2,168
1,945
2,164
2,024
Cash flow used for interest, dividend and income tax
(650)
(508)
(416)
(498)
(314)
Cash flow from operating activities
2,379
1,660
1,529
1,666
1,710
Cash flow from operational investing activities
(638)
(1,110)
(866)
(612)
(622)
Free operating cash flow
1,741
550
663
1,054
1,088
Cash flow used for aquisitions and disposals
(149)
(3,634)
(259)
(14)
(347)
Dividend paid
(392)
(485)
(417)
(268)
(251)
Cash flow from/fused in) financing activities,
excluding dividend
(1,445)
3,794
(214)
(381)
(415)
Net cash flow
(245)
225
(227)
391
75
Cash conversion ratio
147.7%
47.8%
53.4%
103.7%
119.2%
Financing ratios
Nebt debt/EBITDA (beia)
2.62
3.28
0.73
0.83
1.26
EBITDA (beia)/Net interest expense
5.41
7.2
26.2
17.1
14.6
Free operating cash flow/Net debt
23%
6%
38%
62%
44%
Net debt/Ec[uit^_
1.4
1.9
0.3
0.3
0.6
172 Annual Report 2009 - Heineken N.V.
