Notes to the Heineken N.V. Financial Statements (continued)
B.2 Off-balance sheet commitments
-
-
-
-
B.3 Subsequent events
B.4 Other disclosures
O Q,
Introduction Report of the Executive Board Report of the Supervisory Board
Less than
More than
In millions of
Total 2018
1 year
1 - 5 years
5 years
Total 2017
Undrawn committed bank facility
3,500
3,500
3,500
2018
2017
Third
HEINEKEN
Third
HEINEKEN
parties
companies
parties
companies
Declarations of joint and several liability
2,413
3,288
The legal entities to which the declarations of joint and several liability relate, are listed in note A.1.
The declarations include a conditional guarantee for the deficit of the defined benefit pension plan
of HEINEKEN UK (Scottish and Newcastle pension plan) as calculated in accordance with IAS 19.
Through this guarantee Heineken N.V. is ultimately liable for the payments, including any potential recovery
payments, to the pension plan. Refer to note 9.1 for more information.
Fiscal unity
The Company is part of the fiscal unity of HEINEKEN in the Netherlands. As a result, the Company is liable
for the tax liability of the fiscal unity in the Netherlands.
For subsequent events, refer to note 13.5.
Heineken N.V. Annual Report 2018
Financial Statements
Sustainability Review
Other Information
Remuneration
Refer to note 13.3 of the consolidated financial statements for the remuneration and incentives of the
Executive Board and Supervisory Board.
Executive and Supervisory Board statement
The members of the Supervisory Board signed the financial statements in order to comply with their
statutory obligation pursuant to Article 2:101, paragraph 2, of the Dutch Civil Code.
The members of the Executive Board signed the financial statements in order to comply with their
statutory obligation pursuant to Article 2:101, paragraph 2, of the Dutch Civil Code and Article 5:25c,
paragraph 2 sub c, of the Financial Markets Supervision Act.
Amsterdam, 12 February 2019 Executive Board Supervisory Board
Van Boxmeer Wijers
Debroux Fernandez Carbajal
Das
de Carvalho
Navarre
Astaburuaga Sanjinés
Huët
Mars-Wright
Dervijoglu
Helmes
