121
Notes to the Consolidated Financial Statements (continued)
FEMSA
34. HEINEKEN entities
Control of HEINEKEN
Significant subsidiaries
-
35. Subsequent events
Report of the
Report of the
Financial
Sustainability
Other
Introduction
Executive Board
Supervisory Board
Statements
Review
Information
Heineken N.V. Annual Report 2017
As consideration for HEINEKEN's acquisition of the beer operations of Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), FEMSA became a
major shareholder of Heineken N.V. in 2010. Therefore, contracts between FEMSA and HEINEKEN are related party contracts.
The shares and options of the Company are traded on Euronext Amsterdam, where the Company is included in the main AEX Index.
Heineken Holding N.V. Amsterdam has an interest of 50.005% in the issued capital of the Company. The financial statements of the Company are
included in the consolidated financial statements of Heineken Holding NV
A declaration of joint and several liability pursuant to the provisions of Section 403, Part 9, Book 2, of the Dutch Civil Code has been issued with
respect to legal entities established in the Netherlands. The list of the legal entities for which the declaration has been issued is disclosed in the
Heineken N.V. stand-alone financial statements.
Pursuant to the provisions of Section 357 of the Republic of Ireland Companies Act 2014, the Company irrevocably guarantees, in respect of
the financial year from 1 January 2017 up to and including 31 December 201 7, the liabilities referred to in Schedule 3 of the Republic of Ireland
Companies Act 2014 of the wholly-owned subsidiary companies Heineken Ireland Limited, Heineken Ireland Sales Limited, The West Cork Bottling
Company Limited, Western Beverages Limited, Beamish Crawford Limited and Nash Beverages Limited.
Set out below are HEINEKEN's significant subsidiaries at 31 December 2017. The subsidiaries as listed below are held by the Company and the
proportion of ownership interests held equals the proportion of the voting rights held by HEINEKEN. The country of incorporation or registration
is also their principal place of business. The disclosed significant subsidiaries represent the largest subsidiaries and represent an approximate total
revenue of €14 billion and total asset value of €23 billion and are structural contributors to the business.
There were no significant changes to the HEINEKEN structure and ownership interests, except for the acquisition of Brasil Kirin (referto note 6).
Percentage of ownership
Country of incorporation
2017
2016
Heineken International B.V.
The Netherlands
100.0
100.0
Heineken Brouwerijen B.V.
The Netherlands
100.0
100.0
Heineken Nederland B.V.
The Netherlands
100.0
100.0
Cuauhtémoc Moctezuma Holding, S.A. de C.V.
Mexico
100.0
100.0
Cervejarias Kaiser Brasil S.A.
Brazil
100.0
100.0
Bavaria S.A.
Brazil
100.0
Heineken France S.A.S.
France
100.0
100.0
Nigerian Breweries Plc.
Nigeria
56.0
55.4
Heineken USA Inc.
United States
100.0
100.0
Heineken UK Ltd
United Kingdom
100.0
100.0
Heineken EspanaS.A.
Spain
99.8
99.8
Heineken Italia S.p.A.
Italy
100.0
100.0
Brau Union Österreich AG
Austria
100.0
100.0
GrupaZywiecS.A.
Poland
65.2
65.2
LLC Heineken Breweries
Russia
100.0
100.0
Heineken Vietnam Brewery Limited Company
Vietnam
60.0
60.0
No material subsequent events occurred.
