I I
Highlights Royal Ahold
5
5
s
s
s
s
s
s
s
s
s
s
NIG
70 -
Share price range
50 -
40-
0
1991 1992 1993 1994 1995
Earnings per share
1991 1992 1993 1994 1995
Retained earnings
m Dividends
Cash flow per share
1991 1992 1993 1994 1995
Depreciation
Earnings after income tax
Outside The Netherlands the
company presents itself under
the name of Royal Ahold or
simply Ahold. For reader
convenience, Royal Ahold or
Ahold are also used throughout
the financial statements. The
registered name of the company
is Koninklijke Ahold nv.
(Amounts in NLG millions except where specified)
1995
1995
1994
Sales
The Netherlands
14,333
14,017
Other European countries
1,907
1,514
United States
8,336
7,427
Total
18,482
29,617
29,010
Operating results
The Netherlands
437
389
Other European countries
122
90
United States
222
188
Total
571
915
819
As a percentage of sales
3.09
2.82
Net earnings
dotal
285
457
410
As a percentage of sales
1.54
1.41
Depreciation
399
640
621
Cash flow
706
1,132
1,054
Investments in tangible fixed assets
720
1,154
927
Total assets
5,769
9,246
8,713
Capital accounts
1,699
2,723
2,708
Capital accounts/total assets
0.29
0.31
Interest bearing debt
1,852
2,968
2,851
Current assets/current liabilities
0.82
0.94
Number of employees
At year end
139,839
127,796
Average
132,450
125,207
Full-time equivalents, average
84,438
79,993
Salaries and benefits
The Netherlands
1,600
1,635
Other European countries
154
118
United States
1,122
985
Total
2,218
3,555
3,541
Number of shares outstanding
at year end
124,208,459
120,143,985
Data per common share
Stockholders' equity
11.26
NLG
18.05
NLG
18.38
Earnings
2.33
NLG
3.74
NLG
3.44
Cash flow
5.79
NLG
9.28
NLG
8.86
Share price at year end
40.87
NLG
65.50
NLG
53.41
Price/earnings ratio
18
16
Dividends
Interim
NLG 0.24+S0.11
NLG 0.19+S 0.08
Final
NLG 0.65+$0.25
NLG 0.58+50.22
Total
The dollarfigures in this column are translated for reader convenience
from the underlying guilder figures at NLG 1.6025per USD
NLG 0.89+50.36
NIG 0.77+5 0.30
4 Excluding NLG121 million (1994: NLG134 million) capital leases
Cash and/or share dividend
Annual Report 1995 Royal Ahold 1