Glossary Acquisition-related intangible assets Beia Cash conversion ratio Cash flow (used in)/from operational investing activities Consolidation changes Depletions Dividend payout Earnings per share ('EPS') EBITDA Effective tax rate Eia Exceptional items Free operating cash flow Net debt Net profit Net revenue Organic growth Organic volume growth Profit Region O Q, Introduction Report of the Executive Board Report of the Supervisory Board Acquisition-related intangible assets are assets that HEINEKEN only recognises as part of a purchase price allocation following an acquisition. This includes, among others, brands, customer-related and certain contract-based intangibles. Before exceptional items and amortisation of acquisition-related intangible assets. Free operating cash flow/net profit (beia) before deduction of non-controlling interests. This represents the total of cash flow from sale and purchase of property, plant and equipment and intangible assets, proceeds and receipts of loans to customers and other investments. Changes as a result of business combinations or disposals. Sales by distributors to the retail trade. Proposed dividend as percentage of net profit (beia). Basic Net profit divided by the weighted average number of shares - basic - during the year. Diluted Net profit divided by the weighted average number of shares - diluted - during the year. Earnings before interest, taxes, net finance expenses, depreciation and amortisation. EBITDA includes HEINEKEN's share in net profit of joint ventures and associates. Income tax expense expressed as a percentage of the profit before income tax, adjusted for share of profit of associates and joi nt ventures. Financial Statements Heineken N.V. Annual Report 2018 Sustainability Review Other Information Exceptional items and amortisation of acquisition-related intangible assets. Items of income and expense of such size, nature or incidence, that in the view of management their disclosure is relevant to explain the performance of HEINEKEN for the period. This represents the total of cash flow from operating activities and cash flow from operational investing activities. Non-current and current interest bearing borrowings, bank overdrafts and commercial paper and market value of cross-currency interest rate swaps less cash and cash equivalents. Profit after deduction of non-controlling interests (profit attributable to shareholders' of the Company). Revenue as defined in IFRS 15 (after discounts) minus the excise tax expense for those countries where the excise is borne by HEINEKEN. Growth excluding the effect of foreign currency translational effects, consolidation changes, exceptional items and amortisation of acquisition-related intangible assets. Growth in volume, excluding the effect of consolidation changes. Total profit of HEINEKEN before deduction of non-controlling interests. All brand names mentioned in this report, including those brand names not marked by an represent registered trademarks and are legally protected. A region is defined as HEINEKEN's managerial classification of countries into geographical units.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2018 | | pagina 170