0 174 Historical Summary Heineken N.V. Annual Report 2020 Introduction Report of the Executive Board Report of the Supervisory Board Financial Statements Sustainability Review Other Information 2020 2019 20181 2017 2016 Revenue and profit In millions of Revenue2 23,770 28,521 25,811 25,843 20,792 Net revenue3 19,715 23,969 22,489 21,609 N/A Net revenue (beia) 19,724 23,894 22,471 21,629 N/A Operating profit 778 3,633 3,121 3,352 2,755 Operating profit (beia) 2,421 4,020 3,808 3,759 3,540 as of net revenue3 12.3 16.8 16.9 17.4 17.0 as of total assets 5.7 8.6 9.0 9.2 9.0 Net profit/(loss) (204) 2,166 1,913 1,935 1,540 Net profit (beia) 1,154 2,517 2,385 2,247 2,098 as of shareholders' equity 8.6 15.6 16.4 16.9 15.8 Dividend (proposed) 403 967 912 838 763 as of net profit (beia) 34.9 38.4 38.2 37.3 36.4 Per share In Cash flow from operating activities 5.45 7.56 7.70 6.81 6.53 Net profit (beia) - basic 2.00 4.39 4.18 3.94 3.68 Net profit (beia) - diluted 2.00 4.38 4.18 3.94 3.68 Dividend (proposed) 0.70 1.68 1.60 1.47 1.34 Shareholders' equity 23.27 28.15 25.48 23.37 23.24 2020 2019 20181 2017 2016 Cash flow statement In millions of Cash flow from operations 4,232 5,556 5,540 4,924 4,720 Cash flow related to interest, (1,096) (1,219) (1,152) (1,042) (1,002) dividend and income tax Cash flow from operating activities 3,136 4,337 4,388 3,882 3,718 Cash flow (used in)/from operational (1,623) (2,109) (2,142) (1,851) (1,945) investing activities Free operating cash flow 1,513 2,228 2,246 2,031 1,773 Cash flow (used in)/from 185 (2,764) (213) (1,114) (62) acquisitions and disposals Dividends paid (811) (1,223) (1,090) (1,011) (1,031) Cash flow (used in)/from financing 2,049 207 123 45 359 activities, excluding dividend Net cash flow 2,936 (1,552) 1,066 (49) 1,039 Cash conversion ratio 111.3% 80.2% 85.4% 81.1% 75.0% Financing ratios Net debt/EBITDA (beia) 3.4 2.6 2.3 2.5 2.3 1 Restated for IAS 37. 2 2017 revenue has been restated due to changes in accounting policy on revenue (IFRS 15). 3 Net revenue was introduced in 2017 due to changes in accounting policy on revenue (IFRS 15).

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2020 | | pagina 174