O A Notes to the Heineken N.V Financial Statements (continued) B Other B.1 Auditor fees Introduction Report of the Executive Board Report of the Supervisory Board During the year the movements in borrowings were as follows: In millions of Unsecured bond issues Other interest- bearing liabilities Bank overdrafts and commercial paper Total Balance as at 1 January 2018 11,902 966 1 12,869 Effects of movements of exchange rates 174 47 (1) 220 Transfers - - - - Proceeds 1,233 - 550 1,783 Repayments (162) (1,013) (550) (1,725) Other 13 - - 13 Balance as at 31 December 2018 13,160 - - 13,160 Heineken N.V. Annual Report 2018 Financial Statements Sustainability Review Other Information Fees for audit services include the audit of the financial statements of the Company and its subsidiaries. Fees for other audit services include review of interim financial statements, sustainability, subsidy and other audits. Fees for tax services include tax compliance and tax advice. Fees for other non-audit services include agreed-upon procedures and advisory services. Fees for tax and other non-audit services are related to the network outside the Netherlands and are in accordance with local independence regulation. In 2018 €10.3 million of fees are recognised in the consolidated financial statements for services provided by Deloitte Accountants B.V. and its member firms and/or affiliates (2017: €10.1 million). In below overview the breakdown per type of service is provided: Other Deloitte member firms Deloitte Accountants B.V. and affiliates Total In millions of 2018 2017 2018 2017 2018 2017 Audit of HEINEKEN 2.7 2.8 6.6 6.3 9.3 9.1 and its subsidiaries Other audit services 0.4 0.5 0.2 0.3 0.6 0.8 Tax services - - 0.1 - 0.1 - Other non-audit services 0.1 - 0.2 0.2 0.3 0.2 Total 3.2 3.3 7.1 6.8 10.3 10.1 Accounting policies Fees for audit services are included in the other expenses in the consolidated financial statements (refer to note 6.3). These fees are recognised when the service is provided.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2018 | | pagina 118