Glossary continued Net debt Reportofthe Reportofthe Financial Other Contents Overview Executive Board Supervisory Board Statements Information Non-current and current interest bearing loans and borrowings, bank overdrafts and commercial papers and market value of cross-currency interest rate swaps less investments held for trading and cash. Net profit Profit after deduction of non-controlling interests (profit attributable to eguity holders of the Company). Operating profit Results from operating activities. Organic growth Growth excluding the effect of foreign currency translational effects, consolidation changes, exceptional items and amortisation of acguisition-related intangible assets. Organic volume growth Growth in volume, excluding the effect of consolidation changes. Total profit of HEINEKEN before deduction of non-controlling interests. All brand names mentioned in this report, including those brand names not marked by an represent registered trademarks and are legally protected. Region A region is defined as HEINEKEN's managerial classification of countries into geographical units. Volume (Consolidated) beer volume 100 per cent of beer volume produced and sold by consolidated companies. Group beer volume Consolidated beer volume plus attributable share of beer volume from joint ventures and associates. Heineken® volume in premium segment Heineken® volume excluding Heineken® volume in the Netherlands. Licensed non-beer volume HEINEKEN's brands produced and sold under licence by third parties as well as cider, soft drinks and other non-beer volume sold in consolidated companies. Third party products volume Volume of third party products sold through consolidated companies. Total volume 100 per cent of volume produced and sold by consolidated companies (including beer, cider, soft drinks and other beverages), volume of third party products and volume of HEINEKEN's brands produced and sold under licence by third parties. 154 Heineken N.V. Annual Report 2015

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2015 | | pagina 155