Financial Statements The financial statements are presented in guilders. Since Ahold conducts its business mainly in The Netherlands and the United States, the year-to-year comparability of earnings and equity may be influencqd'fiy exchange rate fluctuations between the Dutch guilder (NJsG) and the United States dollar (USD). Annual Report 1995 Royal Ahold 35

Jaarverslagen | 1995 | | pagina 39