120
Notes to the Consolidated Financial Statements (continued)
33. Related parties (continued)
Supervisory Board
Other related party transactions
-
Heineken Holding N.V.
Report of the
Report of the
1 Financial 1
Sustainability
Other
Introduction
Executive Board
Supervisory Board
1 Statements 1
Review
Information
Heineken N.V. Annual Report 2017
The individual members of the Supervisory Board received the following remuneration:
Inthousandsof 2017 2016
GJ.Wijers 160 163
J.A. Fernandez Carbajal 114 109
M. Das 85 88
M.R. de Carvalho 90 96
A.M. Fentener van Vlissingen 85 91
V.C.O.B.J. Navarre 70 74
J.G.AstaburuagaSanjinés 99 99
H. Scheffers1 40 83
J.M. Huët 82 88
P. Mars-Wright2 95 49
Y. Brunini3 70 44
M.E. Minnick4 - 28
990 1,012
1 Stepped down as at 20 April 2017.
2 Appointed as at 21 April 2016.
3 Appointed as at 21 April 2016.
4 Stepped down as at 21 April 2016.
Mr. Michel de Carvalho held 100,008 shares of Heineken N.V. as at 31 December 2017 (2016:100,008 shares) and A.M. Fentener van Vlissingen
8,000 shares (2016: 0). As at 31 December 201 7 and 2016, the Supervisory Board members did not hold any of the Company's bonds or option
rights. Mr. Michel de Carvalho held 100,008 ordinary shares of Heineken Holding N.V. as at 31 December 2017 (2016:100,008 ordinary shares).
Balance outstanding
Transaction value as at 31 December
In millions of
2017
2016
2017
2016
Sale of products, services and royalties
To associates and joint ventures
300
441
88
95
To FEMSA
1,168
797
238
170
1,468
1,238
326
265
Purchase of raw materials, consumables and services
From associates and joint ventures - goods for resale
63
5
6
From associates and joint ventures-other
416
370
62
37
From FEMSA
168
151
42
70
647
526
110
107
In 201 7, an amount of €714,412 (2016: €1,159,905) was paid to Heineken Holding N.V. for management services for HEINEKEN.
This payment is based on an agreement of 1977 as amended in 2001, providing that Heineken N.V. reimburses Heineken Holding N.V. for its costs.
