The Quick Read
1
Performance
Key figures
highlights1
Contents
Overview
Report of the Report of the Financial
Executive Board Supervisory Board statements Other information
Revenue (in millions of EUR)
Group results2
In millions of EUR
2013
20123
Change in
€19,203m
Group revenue
21,255
20,984
1.3%
Group operating profit (beia)
3,192
3,106
2.8%
Consolidated results1
In millions of EUR
Revenue
19,203
18,383
4.5%
Consolidated operating profit (beia)
2,941
2,666
10.3%
Net profit
1,364
2,914
(53.2)%
Consolidated beer volume
Net profit (beia)
1,585
1,661
(4.6)%
(in millions of hectolitres)
EBITDA
4,281
5,226
(18.1)%
178.3mhl
EBITDA (beia)
4,214
3,985
5.7%
Dividend (proposed)
512
512
0.0%
Free operating cash flow
1,518
1,485
2.2%
Balance sheet
In millions of EUR
Total assets
33,337
35,980
(7.3)%
Equity attributable to equity holders
of the Company
11,402
11,734
(2.8)%
Heineken® volume in premium
segment (in millions of hectolitres)
Net debt position
10,868
12,311
(11.7)%
Market capitalisation
28,270
29,071
(2.7)%
28.1 mhl
Results and balance sheet per share of EUR 1.60
Weighted average number of shares
- basic
575,062,35 7 575,022,33 8
0.0%
Net profit
2.37
5.07
(53.3)%
Net profit (beia)
2.76
2.89
(4.5)%
Dividend (proposed)
0.89
0.89
0.0%
Free operating cash flow
2.64
2.58
2.3%
Consolidated operating profit
(beia) (in millions of EUR)
Equity attributable to equity holders
of the Company
19.83
20.41
(2.8)%
Share price
49.08
50.47
(2.8)%
€2,941 m
Employees
In numbers
Average number of employees (FTE)
80,933
76,191
6.2%
Net profit (beia) (in millions of EUR)
€1,585m
Ratios
Consolidated operating profit (beia)
as a of revenue
15.3%
14.5%
Net profit as of average equity
attributable to equity holders
of the Company
11.8%
27.1%
Net debt/EBITDA (beia)
2.58
3.09
Dividend payout
32.3%
30.8%
Cash conversion rate 84.0% 81.5%
1 Based on consolidated metrics.
2Group metrics include HEINEKEN's attributable share of joint ventures and associates.
Restated for the revised IAS 19.
Read our full results announcement at:
theHEINEKENcompany.com
Heineken N.V. Annual Report 2013
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