125 Notes to the Heineken N.V. Financial Statements (continued) 36. Investments in participating interests - - - - - - - - - - - - - - Report of the Report of the Financial Sustainability Other Introduction Executive Board Supervisory Board Statements Review Information Heineken N.V. Annual Report 2017 In millions of Participating interests Loans to participating interests Total Balance as at 1 January 2016 17,156 7,366 24,522 Profit of participating interests 1,799 1,799 Dividend payments by participating interests (800) 800 Effect of movements in exchange rates (804) (804) Changes in hedging and fair value adjustments 186 186 Actuarial gains/(losses) (254) (254) Acquisition of non-controlling interests without a change in control (148) (148) Investments/(repayments) (1,457) 1,006 (451) Other movements (4) (4) Balance as at 31 December 2016 15,674 9,172 24,846 Balance as at 1 January 2017 15,674 9,172 24,846 Profit of participating interests 1,749 1,749 Dividend payments by participating interests (616) 616 Effect of movements in exchange rates (1,297) (1,297) Changes in hedging and fair value adjustments 176 176 Actuarial gains/(losses) 66 66 Acquisition of non-controlling interests without a change in control (50) (50) Investments/(repayments) 42 748 790 Other movements (4) (4) Balance as at 31 December 2017 15,740 10,536 26,276

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2017 | | pagina 126