Consolidated statement of cash flows
of Koninklijke Ahold nv
38
(xOOO)
1989
1989
1988
)fl
Dfl
Dfl
30
15
Operating activities
Net earnings
101,591
194,597
145,705
>5
34
n
19
59
)3
Other:
Amortization of intangible fixed assets
Depreciation of tangible fixed assets
Inventories, (increase)
Receivables, (increase)
Deferred income taxes, (decrease)
Provisions, increase
Other short-term liabilities, increase
2,963
145,155
(37,009)
(31,467)
(10,616)
8,364
88,947
5,676
278,044
(70,890)
(60,275)
(20,334)
16,021
170,378
4,113
258,613
(309,333)
85,668)
(13,338)
46,656
308,580
267,928
513,217
355,328
15
56
7 4)
3)
Investing activities
Intangible fixed assets
Tangible fixed assets
Disinvestments
Unconsolidated subsidiaries and affiliates
Goodwill
Minority interests
(20,570)
(241,812)
63,626
(148,005)
(11,042)
(1,685)
(39,402)
(463,190)
121,875
(283,504)
(21,150)
(3,227)
(59,857)
(964,943)
543,914
(173,733)
(167,554)
1,288
10
1)
Exchange rate differences
(359,488)
32,242
(688,598)
61,758
(820,885)
(82,257)
(327,246)
(626,840)
(903,142)
9
5
3)
2
Financing activities
Loans issued, net
Proceeds of long-term loans, net
Capitalized lease commitments
Distribution of earnings
Issue of common shares
Common shares issued as optional
stock dividend
Issue of preferred shares
(12,432)
(114,450)
10,634
(32,106)
145,951
24,328
13,982
(23,814)
(219,228)
20,369
(61,500)
279,569
46,600
26,783
(21,575)
343,427
141,829
(43,712)
1,611
6)
35,907
68,779
421,580
5
Exchange rate differences
(24,747)
(47,403)
69,684
Net decrease in cash
(48,158)
(92,247)
(56,550)
7
6
2
Balance of cash at the beginning
of the year
Net decrease in cash
217,395
(48,158)
416,420
(92,247)
472,970
(56,550)
Balance of cash at the end of the year
169,237
324,173
416,420
3
33
Note: Dollar figures herein are
translatedfrom the underlying
guilder figures for reader
convenience at Dfi 1.9155 $1
