Key figures1 Overview Results In millions of EUR 2009 2008 Change in Revenue 14,701 14,319 2.7 EBIP 1,757 1,080 62.7 EBIT (beia)3 2,095 1,932 8.4 Net profit 1,018 209 387.1 Net profit (beia)3 1,055 1,013 4.1 EBITDA3 2,840 2,286 24.2 EBITDA (beia)3 2,938 2,720 8.0 Dividend (proposed) 318 304 4.6 1,741 550 216.5 Balance sheet In millions of EUR Total assets 20,180 20,5872 (2.0) Equity attributable to equity holders of the Company 5,351 4,471 19.7 Net debt 7,704 8,932 (13.7) Market capitalisation 16,299 10,708 52.2 Results and balance sheet per share of EUR 1.60 Weighed average number of shares-basic 488,666,607 488,930,340 (0.1) Net profit 2.08 0.43 383.7 Net profit (beia) 2.16 2.07 4.3 Dividend (proposed) 0.65 0.62 4.8 Free operating cash flow 3.56 1.12 217.9 Equity attributable to equity holders of the Company 10.95 9.14 19.8 33.27 21.90 51.9 Employees In numbers 55,301 (5.4) Ratios EBIT as of revenue 12.0% 7.5% 60.0 EBIT as of total assets 8.7% 5.2% 67.3 Net profit as of average equity attributable to equity holders of the Company Net debt/EBITDA (beia) Dividend payout 20.7% 2.62 30.1% 4.2% 3.28 30.0% 392.9 (20.1) 0.3 Cash conversion rate 147.7% 47.8% 209.0 5.2 (13.3) Please refer to the 'Glossary' for definitions. 2 Comparatives have been adjusted due to the finalisation of the purchase price accounting of the Scottish Newcastle acquisition. 3 'EBIT, EBIT (beia), net profit (beia), EBITDA. EBITDA (beia) and free operating cash flow' are not financial measures calculated in accordance with IFRS. Accordingly, it should not be considered as an alternative to 'results from operating activities' or 'profit' as indicators of our performance, or as an alternative to 'cash flow from operating activities' as a measure of our liquidity. However, we believe that 'EBIT, EBIT (beia), net profit (beia), EBITDA, EBITDA (beia) and free operating cash flow' are measures commonly used by investors and as such useful for disclosure. The presentation on these financial measures may not be comparable to similarly titled measures reported by other companies due to differences in the ways the measures are calculated. For a reconciliation of'results from operating activities', 'profit' and 'cash flow from operating activities' to 'EBIT, EBIT (beia), net profit (beia), EBITDA, EBITDA (beia) and free operating cash flow' we refer to the financial review on pages 49 to 53. 4 As at 31 December. Annual Report 2009 - Heineken N.V.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2009 | | pagina 7