HEINEKEN introduces new disclosure in earnings release
(Thomson Reuters ONE) -
Amsterdam, 6 August 2013 - Heineken N.V. ('HEINEKEN') announced today the
introduction of new reporting metrics (non-IFRS) to provide greater transparency
on Group performance. This new information will be disclosed for the first time
in HEINEKEN's release on the first half of 2013 to be announced on 21 August
2013.
The key new metrics being introduced are:
1. New volume and financial Group metrics to provide better insight into the
contribution of HEINEKEN's joint venture and associate businesses to overall
group performance. Group figures are calculated as the sum of all
consolidated operations and HEINEKEN's attributable share in joint ventures
and associates. New Group figures will be reported for total volume, beer
volume, revenue and operating profit (beia). Consequently, the previously
reported Group beer volume metric (defined as consolidated beer volume plus
100% of the beer volume sold by joint venture companies) will no longer be
reported.
2. An analysis of total growth split by consolidation impact, currency
translation and organic growth at consolidated level.
3. A breakdown of total volume into the following categories: beer, licensed &
non-beer and third party products volume.
To help the market understand how these changes will impact on HEINEKEN's 2013
results, Appendix 1 provides an analysis of 2012 results under the new reporting
metrics. The 2012 financial information presented in Appendix 1 has been
restated for the implementation of the previously announced revised accounting
standard IAS19, which is treated as an inorganic item. Appendix 2 includes a
glossary of all relevant reporting metrics.
Press enquiries
John Clarke
E-mail: pressoffice(at)heineken.com
Tel: +31-20-5239-355
John-Paul Schuirink
E-mail: pressoffice(at)heineken.com
Tel: +31-20-5239-355
Investor and analyst enquiries
George Toulantas
E-mail: investors(at)heineken.com
Tel: +31-20-5239-590
Aarti Narain
E-mail: investors(at)heineken.com
Tel: +31-20-5239-590
Editorial information:
HEINEKEN is a proud, independent global brewer committed to surprise and excite
consumers with its brands and products everywhere. The brand that bears the
founder's family name - Heineken® - is available in almost every country on the
globe and is the world's most valuable international premium beer brand. The
Company's aim is to be a leading brewer in each of the markets in which it
operates and to have the world's most valuable brand portfolio. HEINEKEN wants
to win in all markets with Heineken® and with a full brand portfolio in markets
of choice. The Company is present in over 70 countries and operates more than
165 breweries. HEINEKEN is Europe's largest brewer and the world's third largest
by volume. HEINEKEN is committed to the responsible marketing and consumption of
its more than 250 international premium, regional, local and specialty beers and
ciders. These include Heineken®, Amstel, Anchor, Biere Larue, Bintang, Birra
Moretti, Cruzcampo, Desperados, Dos Equis, Foster's, Newcastle Brown Ale,
Ochota, Primus, Sagres, Sol, Star, Strongbow, Tecate, Tiger and Zywiec. Our
leading joint venture brands include Cristal and Kingfisher. The number of
people employed is over 85,000. Heineken N.V. and Heineken Holding N.V. shares
are listed on the NYSE Euronext in Amsterdam. Prices for the ordinary shares may
be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on the Reuter
Equities 2000 Service under HEIN.AS and HEIO.AS. HEINEKEN has two sponsored
level 1 American Depositary Receipt (ADR) programmes: Heineken N.V. (OTC: HEINY)
and Heineken Holding N.V. (OTC: HKHHY). Most recent information is available on
HEINEKEN's website: www.theHEINEKENcompany.com.
Click here to open full media release incl. Appendix 1 & 2:
http://hugin.info/130667/R/1721269/573246.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: HEINEKEN NV via Thomson Reuters ONE
[HUG#1721269]
Unternehmensinformation / Kurzprofil:
Datum: 06.08.2013 - 08:00 Uhr
Sprache: Deutsch
News-ID 284862
Anzahl Zeichen: 4861
contact information:
Town:
Amsterdam
Kategorie:
Business News
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"HEINEKEN introduces new disclosure in earnings release"
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