Financial Review (continued) Currency split of net debt Average number of shares Profit appropriation O Q, Report of the Executive Board Report of the Supervisory Board This currency breakdown includes the effect of derivatives, which are used to hedge intercompany lending denominated in currencies other than Euro. Of total net interest-bearing debt, 52% is denominated in Euro, 26% in US dollar and US dollar proxy currencies and 14% in British Pound. This is including the effect of cross- currency interest rate swaps. The fair value of the cross-currency interest rate swaps form part of net debt. Currency split of net debt Obligatory long-term debt repayments in millions of I EUR I USD USD proxy IGBP I Other 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 >2032 1,061 991 1,012 855 1,101 961 650 500 1,372 Heineken N.V. Annual Report 2018 Financial Statements Sustainability Review Other Information HEINEKEN has 576,002,613 shares in issue. For the calculation of 2018 basic EPS, the weighted impact of the treasury shares including shares purchased for the employee incentive programme reduced the number of weighted average shares outstanding to 570,146,0 69 (570,074,335 in 2017). For the calculation of 2018 diluted EPS, the number of weighted average outstanding shares is adjusted for the amount of shares to be delivered under the employee incentive programme, resulting in a weighted average diluted number of shares of 570,663,632 (570,652,111 in 2017). The Heineken N.V. dividend policy is to pay out a ratio of 30% to 40% of full year net profit (beia). For 2018, payment of a total cash dividend of €1.60 per share (2017: €1.47) will be proposed to the Annual General Meeting of Shareholders on 25 April 2019 ("2019 AGM"). This represents an increase of 8.8% versus 2017, translating into a 37.6% payout. If approved, a final dividend of €1.01 per share will be paid on 8 May 2019, as an interim dividend of €0.59 per share was paid on 9 August 2018. The payment will be subject to a 15% Dutch withholding tax. The ex-final dividend date for Heineken N.V. shares will be 29 April 2019.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2018 | | pagina 37