82
Notes to the Consolidated Financial Statements
6. Operating activities
Asia Pacific
Consolidated
Europe
Americas
In millions of
Note
2023
2022
2023
2022
2023
2022
2023
2022
2023
2022
2023
2022
(758)
(746)
12,211
11,362
10,469
9,421
4,229
4,005
4,157
4,652
30,308
28,694
14,185
13,461
10,700
9,608
5,260
4,868
6,179
6,706
51
33
36,375
34,676
Interregional revenue
(808)
(779)
803
761
5
18
(757)
(746)
Revenue
14,988
14,222
10,705
9,626
5,260
4,868
6,179
6,706
36,375
34,676
Excise tax expense3
(2,777)
(2,860)
(211)
(205)
(1,002)
(838)
(2,023)
(2,054)
(6,013)
(5,957)
Introduction
(757)
(746)
Net revenue
12,211
11,362
10,494
9,421
4,258
4,030
4,156
4,652
30,362
28,719
Other income
302
117
53
9
36
20
2
1
393
147
6.2
Operating profit
(487)
1,439
1,154
1,382
1,359
391
737
1,293
158
86
3,229
4,283
Net finance expenses
(925)
(336)
11.1
Share of profit of associates and joint ventures
22
19
69
61
25
36
102
107
218
223
10.3
(121)
(1,131)
Income tax expense
12.1
Profit
2,401
3,039
Attributable to:
Shareholders of the Company (net profit)
2,304
2,682
Non-controlling interests
97
357
Operating profit reconciliation
(487)
1,439
1,154
1,382
1,359
391
737
1,293
158
86
3,229
4,283
(86)
(58)
67
149
32
937
163
189
25
15
1,214
219
Operating profit (beia)1
1,353
1,221
1,531
1,391
450
554
926
1,235
183
101
4,443
4,502
Operating profit
Eia1
6.1 Operating segments
HEINEKEN distinguishes five reportable segments: Europe; Americas; Africa, Middle East Eastern Europe; Asia Pacific and Head Office Other/Eliminations. Information about these reportable segments are provided in
the table below:
Sustainability
Review
Financial
Statements
Other
Information
Report
of the
Supervisory
Board
Report
of the
Executive
Board
1 Note that this is a non-GAAP measure. Due to rounding, this balance will not always cast.
2 Includes other revenue of €509 million (2022: €342 million).
3 Next to the €6,013 million of excise tax expense included in revenue (2022: €5,957 million), €2,190 million of excise tax expense is collected on behalf of third parties and excluded from revenue (2022: €2,333 million).
Africa, Middle East
Eastern Europe
Head Office
Other/Eliminations
Heineken
N.V.
Annual
Report
2023
Net revenue (beia)1
Third party revenue2
