145 27.6% Growing with communities €10.9bn €24 m Sustainability Review (continued) People around the world are now healthier, more educated and better connected than ever before. But while we have seen poverty decline dramatically in recent decades, millions of people still face inequalities that limit their potential27. We contribute to the social and economic wellbeing of communities through our core business and through ourtargeted support and investment in community initiatives. Creating economic and social impact Investing in our communities Report of the Report of the Financial Sustainability Other Introduction Executive Board Supervisory Board Statements Review Information Heineken N.V. Annual Report 2017 7 United Nations-Report on the World Social Situation 2016. The taxes we pay make an important contribution to the economies and development of the countries in which we operate. We believe responsible tax behaviour is an essential element of our sustainability strategy. We support stable, transparent and predictable tax regimesthat incentivise long-term investment and economic growth. We also support the principles that underpin the OECD's work on Base Erosion and Profit Shifting (BEPS), including country-by-country reporting to the tax authorities. effective income tax rate (beia) For more on our approach to tax, see our website Corporate income tax paid by geographical region 10% 33% 29% Europe Americas Asia Pacific Africa, Middle East and Eastern Europe Total tax contribution per category 4% 52% 28% Excise duties paid Net VAT paid Employee taxes paid (including social security contributions) Corporate income tax paid Other tax paid Direct contributions In 2017, HEINEKEN operating companies contributed €24 million to local communities, including cash donations, time, in-kind donations and management costs. More than 2,700 employees in 32 markets spent over 34,000 hours volunteering. Total direct contributions by our operating companies 2017 2016 2015 24.0 22.9 23.6 For more detailed information on how we contributed and where, see our website and case studies 8 Input is originally in US Dollars. Since 2017 we are following the average exchange rate as disclosed on page 67. Shared value projects Our local sourcing projects in Africa create jobs, strengthen the agricultural sector and improve the lives of rural households. Between 2009 and 2017, we invested €4.4 million in cash and €12.7 million in equipment and people through our PPP projects in Burundi, DRC, Ethiopia, Ivory Coast, Nigeria, Rwanda, Sierra Leone, South Africa. This excludes additional third party funding leveraged by our contribution28. Our local sourcing projects provide work to more than 150,000 farmer households. The HEINEKEN Africa Foundation Since it was established in 2007, the Foundation has committed €9.2 million to 104 projects, of which 41 projects were still running in 2017. In 2017, the HEINEKEN Africa Foundation approved 10 new projects totalling an investment of €1 million. Fourof these projects will provide access to safe drinking waterto communities in Burundi, DRC, Kenya, and Sierra Leone, with the aim to benefit up to 82,000 people. Other projects will support the construction and renovation of health centres, purchase of mobile clinics and training of medical staff View case study online Water in Burundi Providing safe drinking water for 3,400 people in southern Burundi, reducing the time to collect water from hours to minutes.

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Jaarverslagen | 2017 | | pagina 146