19257m - Heineken

Report of the
Executive Board
Overview
Contents
Report of the
Supervisory Board
Financial
statements
Other
information
Performance highlights
“Our strong performance reflects the
success of our strategy. We continued
to invest in our portfolio of brands
and we have significantly improved
commercial execution.”
Jean-François van Boxmeer
Chairman of the Executive Board/CEO
Revenue
Consolidated beer volume
€
Consolidated beer volume
(in millions of hectolitres)
19,257m
(in millions of EUR)
(in millions of hectolitres)
181.3mhl
Revenue
(in millions of EUR)
Rounded Corners
XXX.Xmhl
on bars:
2014
2.5mm
2013
€X,XXX
19,257
2014
19,203
2013
Heineken® volume
in premium segment
Consolidated
operating profit (beia)
29.5mhl
Consolidated operating profit
(beia) (in millions of EUR)
(in millions of hectolitres)
Heineken® volume in premium
segment (in millions of hectolitres)
29.5
2014
2013
2012
2011
2010
(in millions of EUR)
3,129m
€
28.1
29.1
27.4
26.0
Heineken N.V. Annual Report 2014
2014
2013
2012
2011
2010
2,666
2,456
2,251
145.9
Net profit (beia)
(in millions of EUR)
1,758m
€
Net profit (beia) (in millions of EUR)
Rounded Corners
€X,XXXm
on
bars:
3,129
2014
2.5mm
2,941
2013
€X,XXXm
XX.Xmhl
1
2010
16,133
2010
164.6
2011
17,123
2011
178.3
171.7
2012
18,383
2012
181.3
2012
2011
2010
Rounded Corners
on bars:
1,758
2.5mm
1,585
1,661
1,584
1,456
Contents
Overview
Report of the
Executive Board
Report of the
Supervisory Board
Financial
statements
Other
information
Key figures
Group results1
In millions of EUR
2014
2013
Change in %
21,191
3,359
21,1742
3,192
0.1%
5.2%
19,257
3,129
1,516
1,758
4,365
4,370
632
1,574
19,203
2,941
1,364
1,585
4,281
4,214
512
1,518
0.3%
6.4%
11.1%
10.9%
2.0%
3.7%
23.4%
3.7%
Total assets
Equity attributable to equity holders of the Company
Net debt position
Market capitalisation
34,830
12,409
11,076
33,955
33,337
11,402
10,868
28,270
4.5%
8.8%
1.9%
20.1%
Per share
Weighted average number of shares – basic
Net profit
Net profit (beia)
Dividend (proposed)
Free operating cash flow
Equity attributable to equity holders of the Company
Share price
Weighted average number of shares – diluted
Net profit (beia) – diluted
574,945,645
2.64
3.06
1.10
2.74
21.58
58.95
576,002,613
3.05
575,062,357
2.37
2.76
0.89
2.64
19.83
49.08
576,002,613
2.75
0.0%
11.4%
10.9%
23.6%
3.8%
8.8%
20.1%
0.0%
10.9%
76,136
80,933
(5.9)%
16.2%
15.3%
12.7%
2.53
35.9%
78.9%
11.8%
2.58
32.3%
84.0%
Group revenue
Group operating profit (beia)
Consolidated results
In millions of EUR
Revenue
Consolidated operating profit (beia)
Net profit
Net profit (beia)
EBITDA
EBITDA (beia)
Dividend (proposed)
Free operating cash flow
Balance sheet
In millions of EUR
Employees
Average number of employees (FTE)
Ratios
Consolidated operating profit (beia) as a % of revenue
Net profit as % of average equity attributable to equity
holders of the Company
Net debt/EBITDA (beia)
Dividend % payout
Cash conversion rate
Group metrics include HEINEKEN’s attributable share of joint ventures and associates.
Restated to correctly reflect HEINEKEN’s share of joint ventures and associates.
1
2
2
Heineken N.V. Annual Report 2014