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Glossary (continued)
Organic growth
Organic volume growth
Price mix on a constant geographic basis
Profit
Region
Volume
Weighted average number of shares
Diluted
O O Qs
Introduction Report of the Executive Board Report of the Supervisory Board
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.
Refers to the different components that influence net revenue per hectolitre, namely the changes in
the absolute price of each individual sku and their weight in the portfolio. The weight of the countries
in the total revenue in the base year is kept constant.
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.
Brand specific volume (Heineken® volume, Amstel® volume, etc.)
Brand volume produced and sold by consolidated companies plus 100% of brand volume
sold under licence agreements by joint ventures, associates and third parties.
Beer volume
Beer volume produced and sold by consolidated companies.
Non-beer volume
Cider, soft drinks and other non-beer volume produced and sold by consolidated companies.
Third party products volume
Volume of third party products (beer and non-beer) resold by consolidated companies.
Total consolidated volume
The sum of beer volume, non-beer volume and third party products volume.
Heineken N.V. Annual Report 2019
Financial Statements
Sustainability Review
Other Information
Licensed volume
100% of volume from HEINEKEN's beer brands sold under licence agreements by joint ventures,
associates and third parties.
Group beer volume
The sum of beer volume, licensed beer volume and attributable share of beer volume from joint ventures
and associates.
Basic
Weighted average number of outstanding shares.
Weighted average number of outstanding shares and the weighted average number of shares that would
be issued on conversion of the dilutive potential shares into shares as a result of HEINEKEN's share-based
payment plans.
