Consolidated Income Statement
Total other expenses
Consolidated Statement of Comprehensive Income
-
O O Qs
Introduction Report of the Executive Board Report of the Supervisory Board
For the year ended 31 December
In millions of
Note
2019
2018*
Revenue
6.1
28,521
26,811
Excise tax expense
6.1
(4,552)
(4,322)
Net revenue
6.1
23,969
22,489
Other income
6.2
95
75
Raw materials, consumables and services
6.3
(14,592)
(14,001)
Personnel expenses
6.4
(3,880)
(3,749)
Amortisation, depreciation and impairments
6.6
(1,959)
(1,693)
(20,431)
(19,443)
Operating profit
3,633
3,121
Interest income
11.1
75
71
Interest expenses
11.1
(529)
(492)
Other net finance income/(expenses)
11.1
(59)
(64)
Net finance expenses
(513)
(485)
Share of profit of associates and joint ventures
10.3
164
210
Profit before income tax
3,284
2,846
Income tax expense
12.1
(910)
(741)
Profit
2,374
2,105
Attributable to:
Shareholders of the Company (net profit)
2,166
1,913
Non-controlling interests
208
192
Profit
2,374
2,105
Weighted average number of shares - basic
6.7
573,643,551
570,146,069
Weighted average number of shares - diluted
6.7
574,217,111
570,663,632
Basic earnings per share
6.7
3.78
3.36
Diluted earnings per share
6.7
3.77
3.35
Restated for IAS 37. Refer to note 4 for further details.
Financial Statements
Sustainability Review
Heineken N.V. Annual Report 2019 l6
Other Information
For the year ended 31 December
In millions of
Note
2019
2018*
Profit
2,374
2,105
Other comprehensive income, net of tax:
Items that will not be reclassified to profit or loss:
Remeasurement of post-retirement obligations
12.3
(210)
221
Net change in fair value through OCI investments
12.3
9
11
Items that may be subsequently reclassified to profit or loss:
Currency translation differences
12.3
369
(106)
Change in fair value of net investment hedges
12.3
(43)
(3)
Change in fair value of cash flow hedges
12.3
64
(67)
Cash flow hedges reclassified to profit or loss
12.3
21
(77)
Net change in fair value through OCI investments
12.3
1
Cost of hedging
12.3
(5)
6
Share of other comprehensive income of associates/joint ventures
12.3
(20)
(36)
Other comprehensive income, net of tax
12.3
186
(51)
Total comprehensive income
2,560
2,054
Attributable to:
Shareholders of the Company
2,328
1,858
Non-controlling interests
232
196
Total comprehensive income
2,560
2,054
Restated for IAS 37. Refer to note 4 for further details.
