122
Heineken N.V. Balance Sheet
Before appropriation of profit
As at 31 December
-
Report of the
Report of the
Financial
Sustainability
Other
Introduction
Executive Board
Supervisory Board
Statements
Review
Information
Heineken N.V. Annual Report 2017
In millionsof€
Note
2017
2016
Fixed assets
Financial fixed assets
Investments in participating interests
36
26,276
24,846
Other investments
3
242
Deferred tax assets
74
73
Total financial fixed assets
26,353
25,161
Trade and other receivables
122
14
Cash and cash equivalents
1
Total current assets
123
14
Total assets
26,476
25,175
Shareholders' equity
Issued capital
922
922
Share premium
2,701
2,701
Translation reserve
(3,124)
(1,829)
Hedging reserve
112
(1)
Fair value reserve
331
262
Other legal reserves
962
838
Reserve for own shares
(410)
(443)
Retained earnings
9,892
9,248
Net profit
1,935
1,540
Total shareholders' equity
37
13,321
13,238
Liabilities
Loans and borrowings
38
11,799
10,480
Total non-current liabilities
11,799
10,480
Loans and borrowings (current part)
38
1,126
1,338
Trade and other payables
228
117
Current tax liabilities
2
2
Total current liabilities
1,356
1,457
Total liabilities
13,155
11,937
Total shareholders' equity and liabilities
26,476
25,175
