Historical Summary Report of the Report of the Financial Contents Overview Executive Board Supervisory Board statements 2014 2013 2012* 2011 2010** Revenue and profit In millions of EUR Revenue 19,257 19,203 18,383 17,123 16,133 Results from operating activities 2,780 2,554 3,697 2,215 2,298 Results from operating activities (beia) 3,129 2,941 2,666 2,458 2,430 as% of revenue 16.2 15.3 14.5 14.4 15.1 as of total assets 9.0 8.8 7.4 9.1 9.1 Net profit 1,516 1,364 2,914 1,430 1,447 Net profit (beia) 1,758 1,585 1,661 1,584 1,456 as of equity attributable to equity holders of the Company 14.2 13.9 14.2 16.2 14.7 Dividend proposed 632 512 512 477 438 as of net profit (beia) 35.9 32.3 30.8 30.1 30.1 Per share of EUR1.60 In millions of EUR Cash flow from operating activities Net profit (beia) basic Net profit (beia) diluted Dividend proposed Equity attributable to equity holders of the Company 5.32 5.07 4.69 5.05 4.61 3.06 2.76 2.89 2.71 2.59 3.05 2.75 2.88 2.70 2.58 1.10 0.89 0.89 0.83 0.76 21.58 19.83 20.41 16.701 17.67 Cash flow statement In millions of EUR 4,140 3,983 3,518 3,720 3,548 (1,082) (1,069) (823) (809) (891) 3,058 2,914 2,695 2,911 2,657 (1,484) (1,396) (1,210) (818) (664) 1,574 1,518 1,485 2,093 1,993 (189) 555 (4,415) (937) 257 (723) (710) (604) (580) (483) (1,730) (1,042) 3,660 (454) (1,689) (1,068) 321 126 122 78 Cash flow from operations Cash flow related to interest, dividend and income tax Cash flow from operating activities Cash flow (used in)/from operational investing activities Free operating cash flow Cash flow (used in)/from acquisitions and disposals Dividend paid Cash flow (used in)/from financing activities, excluding dividend Net cash flow Cash conversion rate 78.9% 84.0% 81.5% 122.1% 125.6% Financing ratios Net debt/EBITDA (beia) 253 258 209 227 226 Restated for the revised IAS 19 as implemented in 2013 and finalisation of the purchase price allocation for APB. Restated for the accounting policy change in employee benefits as implemented in 2011. "■Including the effect of the Allotted Share Delivery Instrument (ASDI) as included in the Annual Report 2011 Heineken N.V. Annual Report 2014

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2014 | | pagina 150