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