Historical Summary (continued) Financing Employment of capital Report of the Report of the Financial Sustainability Introduction Executive Board Supervisory Board Statements Review dd Heineken NV. I OO Annual Report 2016 Other Information 2016 20153 2014 2013 2012' EBIT (beia)/net interest expense 10.3 10.1 8.0 5.8 6.0 Free operating cash flow/net debt 16% 15% 14%2 14% 12% Net debt/total equity 0.77 0.76 0.82 0.9 1.0 In millions of EUR Share capital 922 922 922 922 922 Reserves and retained earnings 12,316 12,613 11,487 10,480 10,812 Equity attributable to equity holders of the Company 13,238 13,535 12,409 11,402 11,734 Non-controlling interest 1,335 1,535 1,043 954 1,071 Total equity 14,573 15,070 13,452 12,356 12,805 Employee benefits 1,420 1,289 1,443 1,202 1,575 Provisions (including deferred tax liabilities) 2,128 2,332 2,066 1,982 2,340 Non-current loans and borrowings 10,954 10,658 9,499 9,853 11,437 Other liabilities (excluding provisions) 10,246 10,773 8,370 7,944 7,823 Liabilities (excluding provisions and employee benefits) 21,200 21,431 17,869 17,797 19,260 Total equity and liabilities 39,321 40,122 34,830 33,337 35,980 Equity attributable to equity holders of the Company/ (employee benefits, provisions and liabilities) 0.53 0.54 0.58 0.58 0.46 In millions of EUR Property, plant and equipment 9,232 9,552 8,718 8,454 8,844 Intangible assets 17,424 18,183 16,341 15,934 17,688 Other non-current assets 4,528 4,065 3,685 3,454 3,911 Total non-current assets 31,184 31,800 28,744 27,842 30,443 Inventories 1,618 1,702 1,634 1,512 1,596 Trade and other current assets 3,484 3,372 3,771 2,693 2,904 Cash, cash equivalents and current other investments 3,035 3,248 681 1,290 1,037 Total current assets 8,137 8,322 6,086 5,495 5,537 Total assets 39,321 40,122 34,830 33,337 35,980 Total equity/total non-current assets 0.47 0.47 0.47 0.44 0.42 Current assets/current liabilities (excluding provisions) 0.79 0.77 0.73 0.70 0.72 1 Restated for the revised IAS 19 as implemented in 2013 and finalisation of the purchase price allocation for APB. 2 Revised for the change in definition of net debt in 2015. 3 Comparative figures for 2015 have been revised to reflect the change in accounting policy on netting cash and overdraft balances in cash pooling arrangements with legally enforceable rights to offset.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2016 | | pagina 167