Heineken Holding N.V. financials
Heineken Holding N.V.
Country: NL Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
724500M1WJLFM9TYBS04 Financial statements
(EUR, as reported — unscaled; 97 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | €34.26B | €35.95B |
| Other income | €205.0M | €80.0M |
| Employee benefits expense | €4.48B | €4.47B |
| Operating profit (EBIT) | €3.41B | €3.52B |
| Net finance income / (cost) | -€666.0M | -€805.0M |
| Profit before tax | €3.00B | €2.01B |
| Income tax expense | €857.0M | €846.0M |
| Profit for the year | €2.14B | €1.16B |
| — attributable to owners | €952.0M | €498.0M |
| Total comprehensive income | -€9.0M | €883.0M |
| Per share | ||
| Basic EPS | €3.39 | €1.76 |
| Diluted EPS | €3.39 | €1.76 |
| Free cash flow / share | €10.24 | €11.73 |
| Cash flow statement | ||
| Cash generated from operations | €6.33B | €6.90B |
| Net cash from operating activities | €5.01B | €5.50B |
| Net cash from investing activities | -€2.46B | -€2.44B |
| Purchase of PP&E (capex) | €2.13B | €2.18B |
| Purchase of intangibles | €269.0M | €281.0M |
| Net cash from financing activities | €196.0M | -€2.57B |
| Dividends paid | €1.28B | €1.20B |
| Proceeds from borrowings | €6.58B | €3.08B |
| Repayments of borrowings | €4.05B | €4.09B |
| Lease liability payments | €379.0M | €355.0M |
| Net change in cash | €2.75B | €494.0M |
| Balance sheet | ||
| Total assets | €53.47B | €53.48B |
| Non-current assets | €40.54B | €42.58B |
| Intangible assets & goodwill | €20.01B | €21.70B |
| Current assets | €12.94B | €10.90B |
| Inventories | €3.26B | €3.57B |
| Trade & other receivables | €4.49B | €4.59B |
| Cash & equivalents | €4.82B | €2.35B |
| Total equity | €20.34B | €22.10B |
| — attributable to owners | €8.63B | €9.55B |
| Non-current liabilities | €19.21B | €17.13B |
| Long-term borrowings | €16.19B | €13.78B |
| Current liabilities | €13.93B | €14.24B |
| Short-term borrowings | €3.09B | €3.27B |
| Trade & other payables | €9.55B | €9.91B |
| Deferred tax liabilities | €1.82B | €2.15B |
| Derived metrics | ||
| Free cash flow | €2.88B | €3.32B |
| Operating margin | 9.9% | 9.8% |
| Net margin | 6.2% | 3.2% |
| Return on equity | 10.5% | 5.3% |
| Cash conversion ratio | 2.34× | 4.74× |
| Capex coverage | 2.35× | 2.52× |
| Other reported items | ||
| Adjusted Weighted Average Shares | 281.1M | 282.9M |
| Adjustments For Decrease Increase In Inventories | €2.0M | -€39.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | €54.0M | €347.0M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €2.61B | €2.60B |
| Adjustments For Income Tax Expense | €857.0M | €846.0M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €4.36B | €1.75B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €7.0M | €14.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €17.0M | €4.0M |
| Comprehensive Income Attributable To Owners of Parent | €8.0M | €306.0M |
| Current Derivative Financial Assets | €121.0M | €169.0M |
| Current Derivative Financial Liabilities | €144.0M | €52.0M |
| Current Tax Assets Current | €226.0M | €165.0M |
| Current Tax Liabilities Current | €307.0M | €307.0M |
| Deferred Tax Assets | €1.21B | €1.26B |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €2.61B | €2.60B |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €1.90 | — |
| Dividends Received Classified As Operating Activities | €192.0M | €199.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€151.0M | -€166.0M |
| Equity and Liabilities | €53.47B | €53.48B |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | €1.0M | €1.0M |
| Income Taxes Paid Refund Classified As Operating Activities | €1.00B | €1.05B |
| Increase Decrease In Working Capital | -€327.0M | -€851.0M |
| Increase Decrease Through Change In Equity of Subsidiaries | €34.0M | €0 |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | €0 | €0 |
| Increase Decrease Through Transfers and Other Changes Equity | €0 | €0 |
| Interest Expense | €620.0M | €680.0M |
| Interest Paid Classified As Operating Activities | €621.0M | €668.0M |
| Interest Received Classified As Operating Activities | €107.0M | €120.0M |
| Investments In Subsidiaries Joint Ventures and Associates | €3.24B | €3.50B |
| Investments Other Than Investments Accounted For Using Equity Method | €154.0M | €167.0M |
| Loans and Advances To Customers | €224.0M | €258.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | €22.0M | €55.0M |
| Noncurrent Provisions For Employee Benefits | €542.0M | €519.0M |
| Other Adjustments For Noncash Items | €131.0M | €226.0M |
| Other Comprehensive Income | -€2.15B | -€278.0M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -€104.0M | €166.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€1.96B | -€567.0M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -€3.0M | -€9.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€44.0M | €68.0M |
| Other Comprehensive Income Net of Tax Hedges of Net Investments In Foreign Operations | €1.0M | €14.0M |
| Other Finance Income Cost | -€154.0M | -€235.0M |
| Other Longterm Provisions | €546.0M | €586.0M |
| Other Noncurrent Assets | €1.16B | €1.01B |
| Other Noncurrent Liabilities | €108.0M | €90.0M |
| Other Shortterm Provisions | €302.0M | €176.0M |
| Property Plant and Equipment Including Rightofuse Assets | €14.54B | €14.68B |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | €15.0M | €9.0M |
| Revenue From Interest | €108.0M | €110.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -€31.0M | €59.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €255.0M | -€705.0M |
| Tax Expense Other Than Income Tax Expense | €5.50B | €6.13B |
| Weighted Average Shares | 281.1M | 282.9M |
Methodology
Every line item above is a fact tagged in Heineken Holding N.V.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.