0
175
Historical Summary
In millions of
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
2020
2019
20181
2017
2016
Operating profit (beia)/net interest
5.2
9.2
9.4
10.1
10.0
Employment of capital
expense (beia)
Free operating cash flow/net debt
11%
15%
19%
16%
16%
Property, plant and equipment
11,551
13,269
11,359
11,117
9,232
Net debt/shareholders' equity
1.06
0.95
0.83
0.89
0.77
Intangible assets
15,767
17,769
17,459
17,670
17,424
Other non-current assets
6,294
7,047
4,208
3,999
4,528
Financing
In millions of
Total non-current assets
33,612
38,085
33,026
32,786
31,184
Share capital
922
922
922
922
922
Inventories
1,958
2,213
1,920
1,814
1,618
Reserves and retained earnings
12,470
15,225
13,603
12,399
12,316
Trade and other current assets
3,062
4,385
4,302
3,992
3,484
Shareholders' equity
13,392
16,147
14,525
13,321
13,238
Cash, cash equivalents and current
other investments
4,000
1,821
2,903
2,442
3,035
Non-controlling interest
1,000
1,164
1,183
1,200
1,335
Total equity
14,392
17,311
15,708
14,521
14,573
Total current assets
9,020
8,419
9,125
8,248
8,137
Post-retirement obligations
938
1,189
954
1,289
1,420
Total assets
42,632
46,504
42,151
41,034
39,321
Provisions (including deferred tax liabilities)
2,103
2,362
2,428
2,643
2,128
Non-current borrowings
14,616
13,366
12,628
12,166
10,920
Total equity/total non-current assets
0.43
0.45
0.48
0.44
0.47
Other liabilities (excluding provisions)
10,583
12,276
10,433
10,415
10,280
Current assets/current liabilities
0.86
0.69
0.89
0.80
0.79
Liabilities (excluding provisions and
25,199
25,642
23,061
22,581
21,200
(excluding provisions)
post-retirement obligations)
1 Restated for IAS 37.
Total equity and liabilities
42,632
46,504
42,151
41,034
39,321
Shareholders' equity/
0.47
0.55
0.55
0.50
0.53
(post-retirement obligations,
provisions and liabilities)