Heineken Nv · EURONEXT:HEIA

Heineken Nv — Investor Presentation (February 2018)

9 slides from Heineken Nv's investor presentation, Feb 20, 2018

  1. Slide 1: IFRS 15

    IFRS 15 20 FEBRUARY 2018 HEINEKEN N.V.

  2. Slide 2: Disclaimer

    Disclaimer As per 1 January 2018 the new standard on revenue (IFRS 15 ‘Revenue from Contracts with Customers’) is applicable. This presentation contains financial information as if IFRS 15 would have already been applicable in 2017. The final impact is still under review and as a result the actual r

  3. Slide 3: IFRS 15 – a new standard on revenue recognition

    IFRS 15 – a new standard on revenue recognition  IFRS 15 ‘Revenue from Contracts with Customers’ is applicable as of 1 January 2018 and supersedes existing standards and interpretations related to revenue  HEINEKEN will implement IFRS 15 by applying the full retrospective method, which means that

  4. Slide 4: Excise taxes

    Excise taxes BEFORE IFRS 15 AFTER IFRS 15 (2018)  In countries where excise duties are effectively a production tax, the excise tax is borne by HEINEKEN and will be included in revenue  HEINEKEN excludes all excise taxes from Accounting revenue  In countries where excise tax is fully based on the

  5. Slide 5: Payments to customers

    Payments to customers BEFORE IFRS 15 AFTER IFRS 15 (2018)  HEINEKEN considers most of the payments to customers (e.g. listing fees and marketing support expenses), a deduction of revenue as in  Most of HEINEKEN’s payments to most cases the service received cannot be distinguished from the Accounti

  6. Slide 6: Consolidated Income Statement HEINEKEN N.V.

    Consolidated Income Statement HEINEKEN N.V. as if IFRS 15 had been applicable in 2017 Total impact (1) + (2) on revenue (1) Impact excise taxes New subtotal ‘Net revenue’ (2) Impact payments to customers Next to the €4.162 million of excise taxes included in revenue, €1.431 million of excise taxes i

  7. Slide 7: Key Metrics Overview for 2017

    Key Metrics Overview for 2017 HEINEKEN N.V. 2017FY 2017FY (Key metrics) Total Change (REPORTED) (IFRS 15) Revenue(€m) 21,888 25,753 +3,865 Net Revenue(€m) 21,888 21,591 -297 Net Revenue (beia) (€m) 21,908 21,611 -297 Net Revenue per hl (beia) (€) 87 86 -1 Operating profit (beia) margin (%) 17.2 17.4

  8. Slide 8: Key Metrics Overview for 2017 – Regional Overview

    Key Metrics Overview for 2017 Regional Overview AFRICA, MIDDLE EAST AMERICAS ASIA PACIFIC EUROPE & EASTERN EUROPE Reported* IFRS 15 Reported* IFRS 15 Reported* IFRS 15 Reported* IFRS 15 Net Revenue (beia) 3,059 3,031 6,258 6,292 2,996 2,921 10,237 9,990 (€m) Net Revenue (beia) per hl (€) 65 64 79 79

  9. Slide 9: HEINEKEN

    HEINEKEN

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