63
Consolidated Statement of Cash Flows (continued)
For the year ended 31 December
Heineken NV.
Report of the
Report of the
Financial
Sustainability
Other
Annual Report 2016
Introduction
Executive Board
Supervisory Board
Statements
Review
Information
In millions of EUR
Note
2016
2015
Financing activities
Proceeds from loans and borrowings
1,670
1,888
Repayment of loans and borrowings
(1,001)
(1,753)
Dividends paid
(1,031)
(909)
Purchase own shares and shares issued
(31)
(377)
Acquisition of non-controlling interests
6
(294)
(21)
Other
15
(1)
Cash flow (used in)/from financing activities
(672)
(1,173)
Net cash flow
1,039
252
Cash and cash equivalents as at 1 January
282
73
Effect of movements in exchange rates
45
(43)
Cash and cash equivalents as at 31 December
21
1,366
282