Notes to the Consolidated Financial Statements (continued)
6 Operating activities
6.1 Operating segments
-
-
-
-
-
-
O O Qs
Introduction Report of the Executive Board Report of the Supervisory Board
HEINEKEN distinguishes five reportable segments: Europe, Americas, Africa, Middle East Eastern Europe, Asia Pacific and Head Office Other/eliminations. In below table information is provided about these
reportable segments:
Africa, Middle East Head Office
Europe Americas Eastern Europe Asia Pacific Other/eliminations Consolidated
In millions of
Note
2019
2018*
2019
2018*
2019
2018
2019
2018
2019
2018
2019
2018*
Net revenue (beia)1
10,629
10,348
7,429
6,781
3,370
3,051
3,205
2,919
(740)
(628)
23,894
22,471
Third party revenue2
12,601
12,351
7,656
6,928
4,106
3,724
4,106
3,701
52
107
28,521
26,811
Interregional revenue
758
702
32
27
2
3
(792)
(732)
Revenue
13,359
13,053
7,688
6,955
4,106
3,724
4,108
3,704
(740)
(625)
28,521
26,811
Excise tax expense3
(2,728)
(2,687)
(181)
(174)
(737)
(673)
(906)
(785)
(3)
(4,552)
(4,322)
Net revenue
10,631
10,366
7,507
6,781
3,369
3,051
3,202
2,919
(740)
(628)
23,969
22,489
Other income
6.2
12
28
9
19
1
2
73
4
22
95
75
Operating profit
1,286
1,279
1,176
949
369
211
934
779
(132)
(97)
3,633
3,121
Net finance expenses
11.1
(513)
(485)
Share of profit of associates and joint ventures
10.3
17
15
67
124
40
37
44
38
(4)
(4)
164
210
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
Operating profit reconciliation
Operating profit
1,286
1,279
1,176
949
369
211
934
779
(132)
(97)
3,633
3,121
Eia1
150
173
28
169
39
200
151
164
18
(19)
387
687
Operating profit (beia)1
1,436
1,452
1,204
1,118
408
411
1,085
943
(114)
(116)
4,020
3,808
Restated for IAS 37. Refer to note 4 for further details.
1 Note that this is a non-GAAP measure. Due to rounding, this balance will not always cast.
2 Includes other revenue of €356 million in 2019 (2018: €389 million).
3 Next to the €4,552 million of excise tax expense included in revenue (2018: €4,322 million), €1,813 million of excise tax expense is collected on behalf of third parties and excluded from revenue (2018: €1,568 million).
Financial Statements
Sustainability Review
Heineken N.V. Annual Report 2019
Other Information
