Heineken NV
AEX:HEIA
Income Statement
Earnings Waterfall
Heineken NV
Revenue
|
30.7B
EUR
|
Cost of Revenue
|
-24.6B
EUR
|
Gross Profit
|
6.1B
EUR
|
Operating Expenses
|
-2B
EUR
|
Operating Income
|
4.1B
EUR
|
Other Expenses
|
-3.1B
EUR
|
Net Income
|
1.1B
EUR
|
Income Statement
Heineken NV
Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
9 772
N/A
|
10 062
+3%
|
10 345
+3%
|
10 796
+4%
|
11 430
+6%
|
12 246
+7%
|
11 946
-2%
|
11 273
-6%
|
12 222
+8%
|
14 351
+17%
|
15 083
+5%
|
14 742
-2%
|
15 321
+4%
|
16 372
+7%
|
17 012
+4%
|
17 187
+1%
|
17 597
+2%
|
18 391
+5%
|
18 959
+3%
|
19 203
+1%
|
19 123
0%
|
19 257
+1%
|
19 879
+3%
|
20 511
+3%
|
20 709
+1%
|
20 792
+0%
|
21 040
+1%
|
21 609
+3%
|
22 062
+2%
|
22 489
+2%
|
23 137
+3%
|
23 969
+4%
|
21 769
-9%
|
19 715
-9%
|
20 482
+4%
|
21 941
+7%
|
25 416
+16%
|
28 719
+13%
|
29 758
+4%
|
30 362
+2%
|
30 662
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(7 834)
|
(8 058)
|
(8 357)
|
(8 837)
|
(9 280)
|
(9 617)
|
(9 568)
|
(9 271)
|
(9 991)
|
(11 963)
|
(12 495)
|
(12 029)
|
(12 319)
|
(12 956)
|
(13 609)
|
(13 804)
|
(14 138)
|
(14 880)
|
(15 294)
|
(12 472)
|
(9 519)
|
(9 340)
|
(12 707)
|
(10 048)
|
(16 275)
|
(10 003)
|
(16 354)
|
(10 635)
|
(17 442)
|
(11 178)
|
(18 110)
|
(11 920)
|
(17 193)
|
(10 241)
|
(16 053)
|
(11 316)
|
(19 917)
|
(14 777)
|
(23 997)
|
(16 435)
|
(24 557)
|
|
Gross Profit |
1 938
N/A
|
2 004
+3%
|
1 988
-1%
|
1 959
-1%
|
2 150
+10%
|
2 629
+22%
|
2 378
-10%
|
2 002
-16%
|
2 231
+11%
|
2 388
+7%
|
2 588
+8%
|
2 713
+5%
|
3 002
+11%
|
3 416
+14%
|
3 403
0%
|
3 383
-1%
|
3 459
+2%
|
3 511
+2%
|
3 665
+4%
|
6 731
+84%
|
9 604
+43%
|
9 917
+3%
|
7 172
-28%
|
10 463
+46%
|
4 434
-58%
|
10 789
+143%
|
4 686
-57%
|
10 974
+134%
|
4 620
-58%
|
11 311
+145%
|
5 027
-56%
|
12 049
+140%
|
4 576
-62%
|
9 474
+107%
|
4 429
-53%
|
10 625
+140%
|
5 499
-48%
|
13 942
+154%
|
5 761
-59%
|
13 927
+142%
|
6 105
-56%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(681)
|
(656)
|
(672)
|
(710)
|
(744)
|
(824)
|
(771)
|
(638)
|
(695)
|
(1 206)
|
(1 268)
|
(1 083)
|
(1 127)
|
(1 118)
|
(1 204)
|
(1 168)
|
(1 203)
|
186
|
209
|
(4 177)
|
(7 037)
|
(7 129)
|
(4 329)
|
(7 705)
|
(1 803)
|
(7 756)
|
(1 544)
|
(7 646)
|
(1 452)
|
(8 000)
|
(1 715)
|
(8 355)
|
(2 506)
|
(7 442)
|
(2 213)
|
(7 597)
|
(720)
|
(9 876)
|
(1 815)
|
(10 019)
|
(1 984)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2 822)
|
(5 585)
|
(5 692)
|
0
|
(6 115)
|
0
|
(6 225)
|
0
|
(6 094)
|
0
|
(6 461)
|
0
|
(6 468)
|
0
|
(5 535)
|
0
|
(5 737)
|
0
|
(7 546)
|
0
|
(7 901)
|
0
|
|
Depreciation & Amortization |
(681)
|
(656)
|
(672)
|
(710)
|
(744)
|
(824)
|
(771)
|
(638)
|
(695)
|
(1 206)
|
(1 268)
|
(1 083)
|
(1 127)
|
(1 118)
|
(1 204)
|
(1 168)
|
(1 203)
|
(1 316)
|
(1 434)
|
(1 581)
|
(1 557)
|
(1 437)
|
(1 473)
|
(1 590)
|
(1 839)
|
(1 531)
|
(1 573)
|
(1 552)
|
(1 614)
|
(1 539)
|
(1 841)
|
(1 887)
|
(2 528)
|
(1 907)
|
(2 264)
|
(1 860)
|
(2 021)
|
(2 009)
|
(2 005)
|
(2 216)
|
(2 258)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 502
|
1 643
|
226
|
105
|
0
|
(2 856)
|
0
|
36
|
0
|
29
|
0
|
162
|
0
|
126
|
0
|
22
|
0
|
51
|
0
|
1 301
|
(321)
|
190
|
98
|
274
|
|
Operating Income |
1 257
N/A
|
1 348
+7%
|
1 316
-2%
|
1 249
-5%
|
1 406
+13%
|
1 805
+28%
|
1 607
-11%
|
1 364
-15%
|
1 536
+13%
|
1 182
-23%
|
1 320
+12%
|
1 630
+23%
|
1 875
+15%
|
2 298
+23%
|
2 199
-4%
|
2 215
+1%
|
2 256
+2%
|
3 697
+64%
|
3 874
+5%
|
2 554
-34%
|
2 567
+1%
|
2 788
+9%
|
2 843
+2%
|
2 758
-3%
|
2 631
-5%
|
3 033
+15%
|
3 142
+4%
|
3 328
+6%
|
3 168
-5%
|
3 311
+5%
|
3 312
+0%
|
3 694
+12%
|
2 070
-44%
|
2 032
-2%
|
2 216
+9%
|
3 028
+37%
|
4 779
+58%
|
4 066
-15%
|
3 946
-3%
|
3 908
-1%
|
4 121
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(112)
|
(309)
|
(307)
|
(80)
|
(104)
|
(106)
|
(25)
|
(37)
|
(111)
|
(480)
|
(619)
|
(416)
|
(360)
|
(297)
|
(266)
|
(184)
|
(190)
|
(276)
|
(349)
|
(386)
|
(349)
|
(283)
|
(191)
|
(188)
|
(202)
|
(317)
|
(271)
|
(469)
|
(229)
|
(226)
|
(282)
|
(319)
|
(391)
|
(588)
|
(362)
|
1 025
|
(136)
|
(132)
|
(205)
|
(710)
|
(1 244)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
398
|
317
|
0
|
(278)
|
(13)
|
81
|
(15)
|
(215)
|
(21)
|
(77)
|
32
|
(1 228)
|
263
|
284
|
94
|
235
|
(122)
|
(623)
|
(773)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
8
|
11
|
3
|
(4)
|
(27)
|
(107)
|
(16)
|
214
|
152
|
(19)
|
(23)
|
(6)
|
172
|
168
|
(37)
|
(61)
|
(73)
|
(57)
|
(78)
|
(49)
|
(113)
|
(26)
|
(100)
|
(32)
|
(79)
|
(24)
|
(26)
|
(14)
|
(124)
|
(59)
|
(130)
|
(3)
|
(10)
|
1
|
(175)
|
(53)
|
(519)
|
|
Pre-Tax Income |
1 145
N/A
|
1 039
-9%
|
1 009
-3%
|
1 169
+16%
|
1 310
+12%
|
1 710
+31%
|
1 585
-7%
|
1 323
-17%
|
1 398
+6%
|
595
-57%
|
685
+15%
|
1 428
+108%
|
1 667
+17%
|
1 982
+19%
|
1 910
-4%
|
2 025
+6%
|
2 238
+11%
|
3 589
+60%
|
3 488
-3%
|
2 107
-40%
|
2 145
+2%
|
2 440
+14%
|
2 972
+22%
|
2 838
-5%
|
2 316
-18%
|
2 412
+4%
|
2 758
+14%
|
2 908
+5%
|
2 845
-2%
|
2 846
+0%
|
2 983
+5%
|
3 284
+10%
|
1 587
-52%
|
157
-90%
|
1 987
+1 166%
|
4 334
+118%
|
4 727
+9%
|
4 170
-12%
|
3 444
-17%
|
2 522
-27%
|
1 585
-37%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(299)
|
(306)
|
(295)
|
(300)
|
(335)
|
(365)
|
(373)
|
(394)
|
(357)
|
(248)
|
(257)
|
(286)
|
(316)
|
(403)
|
(428)
|
(465)
|
(516)
|
(515)
|
(509)
|
(520)
|
(571)
|
(732)
|
(735)
|
(697)
|
(732)
|
(673)
|
(732)
|
(800)
|
(685)
|
(741)
|
(872)
|
(910)
|
(523)
|
(245)
|
(634)
|
(799)
|
(906)
|
(1 131)
|
(673)
|
(121)
|
(419)
|
|
Income from Continuing Operations |
846
|
733
|
714
|
869
|
975
|
1 345
|
1 212
|
929
|
1 041
|
347
|
428
|
1 142
|
1 351
|
1 579
|
1 482
|
1 560
|
1 722
|
3 074
|
2 979
|
1 587
|
1 574
|
1 708
|
2 237
|
2 141
|
1 584
|
1 739
|
2 026
|
2 108
|
2 160
|
2 105
|
2 111
|
2 374
|
1 064
|
(88)
|
1 353
|
3 535
|
3 821
|
3 039
|
2 771
|
2 401
|
1 166
|
|
Income to Minority Interest |
(72)
|
(91)
|
(103)
|
(108)
|
(126)
|
(134)
|
(132)
|
(122)
|
(129)
|
(138)
|
(137)
|
(124)
|
(122)
|
(132)
|
(130)
|
(130)
|
(131)
|
(160)
|
(192)
|
(223)
|
(218)
|
(192)
|
(208)
|
(249)
|
(250)
|
(199)
|
(201)
|
(218)
|
(192)
|
(192)
|
(211)
|
(208)
|
(131)
|
(116)
|
(226)
|
(211)
|
(266)
|
(357)
|
(198)
|
(97)
|
(113)
|
|
Net Income (Common) |
774
N/A
|
642
-17%
|
611
-5%
|
761
+25%
|
849
+12%
|
1 211
+43%
|
1 080
-11%
|
807
-25%
|
912
+13%
|
209
-77%
|
291
+39%
|
1 018
+250%
|
1 229
+21%
|
1 447
+18%
|
1 352
-7%
|
1 430
+6%
|
1 591
+11%
|
2 914
+83%
|
2 787
-4%
|
1 364
-51%
|
1 356
-1%
|
1 516
+12%
|
2 029
+34%
|
1 892
-7%
|
1 334
-29%
|
1 540
+15%
|
1 825
+19%
|
1 935
+6%
|
2 013
+4%
|
1 913
-5%
|
1 900
-1%
|
2 166
+14%
|
933
-57%
|
(204)
N/A
|
1 127
N/A
|
3 324
+195%
|
3 555
+7%
|
2 682
-25%
|
2 573
-4%
|
2 304
-10%
|
1 053
-54%
|
|
EPS (Diluted) |
1.58
N/A
|
1.31
-17%
|
1.24
-5%
|
1.55
+25%
|
1.73
+12%
|
2.47
+43%
|
2.21
-11%
|
1.65
-25%
|
1.86
+13%
|
0.43
-77%
|
0.6
+40%
|
2.08
+247%
|
2.32
+12%
|
2.41
+4%
|
2.27
-6%
|
2.46
+8%
|
2.75
+12%
|
5.06
+84%
|
4.84
-4%
|
2.37
-51%
|
2.36
0%
|
2.63
+11%
|
3.52
+34%
|
3.3
-6%
|
2.34
-29%
|
2.7
+15%
|
3.2
+19%
|
3.38
+6%
|
3.53
+4%
|
3.35
-5%
|
3.33
-1%
|
3.77
+13%
|
1.61
-57%
|
-0.35
N/A
|
1.96
N/A
|
5.77
+194%
|
6.17
+7%
|
4.66
-24%
|
4.53
-3%
|
4.09
-10%
|
1.88
-54%
|