Notes to the Consolidated Financial Statements (continued)
13.4 HEINEKEN entities
Control of HEINEKEN
13.5 Subsequent events
Introduction Report of the Executive Board Report of the Supervisory Board
Other related party transactions
Associates Joint Ventures FEMSA Total
In millions of
Accounts payables and
The shares 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 and consolidates the financial information of the Company.
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
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 2018 up to and including
31 December 2018, 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
Heineken N.V. Annual Report 2018
Set out below are HEINEKEN's significant subsidiaries at 31 December 2018. 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 disclosed significant subsidiaries represent the largest subsidiaries
and represent an approximate total revenue of €15 billion and total asset value of €22 billion and are
structural contributors to the business.
There were no significant changes to the HEINEKEN structure and ownership interests.
Percentage of ownership
Country of incorporation
Heineken International B.V.
Heineken Brouwerijen B.V.
Heineken Nederland B.V.
Cuauhtémoc Moctezuma Holding, S.A. de C.V.
Cervejarias Kaiser Brasil S.A.
Heineken France S.A.S.
Nigerian Breweries Plc.
Heineken USA Inc.
Heineken UK Ltd
Heineken Espana S.A.
Heineken Italia S.p.A.
Brau Union Österreich AG
Grupa Zywiec S.A.
LLC Heineken Breweries
Heineken Vietnam Brewery Limited Company
No material subsequent events occurred.