Independent Auditor's Report continued
Reportofthe Reportofthe Financial Other
Contents Overview Executive Board Supervisory Board Statements Information
We have tailored our procedures performed to the diverse IT landscapes and the locally established business processes of the Company. We have
performed walkthroughs to gain our detailed understanding of the entity and identify the relevant controls. Where effective for the audit we have tested
the operating effectiveness of controls. In cases of deficiencies we have evaluated the compensating controls and measures of the Company and/or
carried out tailored procedures to address the risk.
Responsibilities of the Executive Board and the Supervisory Board for the Financial Statements
The Executive Board is responsible for the preparation and fair presentation of the financial statements in accordance with EUTFRS and Part 9 of Book 2 of
the Dutch Civil Code, and for the preparation of the Report of the Executive Board in accordance with Part 9 of Book 2 of the Dutch Civil Code.
Furthermore, the Executive Board is responsible for such internal control as the Executive Board determines is necessary to enable the preparation of the
financial statements that are free from material misstatement, whether due to fraud or error.
As part of the preparation of the financial statements, the Executive Board is responsible for assessing the Company's ability to continue as a going
concern. Based on the financial reporting frameworks mentioned, the Executive Board should prepare the financial statements using the going concern
basis of accounting unless management either intends to liguidate the Company or to cease operations, or has no realistic alternative but to do so. The
Executive Board should disclose events and circumstances that may cast significant doubt on the Company's ability to continue as a going concern in the
financial statements.
The Supervisory Board is responsible for overseeing the Company's financial reporting process.
Our responsibilities for the audit of the financial statements
Our objective is to plan and perform the audit assignment in a manner that allows us to obtain sufficient and appropriate audit evidence for our opinion.
Our audit has been performed with a high, but not absolute, level of assurance, which means we may not have detected all errors and fraud.
For an overview of our responsibilities we refer to N BA's website www.nba.nl (Standard texts auditor's report).
Report on other legal and regulatory requirements
Report on the Report of the Executive Board and the other information
Pursuant to the legal requirements of Part 9 of Book 2 of the Dutch Civil Code (concerning our obligation to report about the Report of the Executive Board
and other information):
We have no deficiencies to report as a result of our examination whether the Report of the Executive Board, to the extent we can assess, has been
prepared in accordance with Part 9 of Book 2 of the Dutch Civil Code, and whether the information as required by Part 9 of Book 2 of the Dutch Civil
Code has been annexed.
We report that the Report of the Executive Board, to the extent we can assess, is consistent with the financial statements.
Engagement
We were appointed by the Annual General Meeting as auditor of Heineken N.V.on 24 April 2014. The audit for year 2015 was our first year audit.
Amsterdam. 9 February 2016
Deloitte Accountants B.V.
I. Dalhuisen
145 Heineken N.V. Annual Report 2015