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.
