Ten-year comparative summary
(Amounts in thousands except per share data)
Consolidated Balance sheets (x 1,000)
Assets
Current assets
Fixed assets
Total assets
Liabilities and stockholders' equity
Consolidated Statements of Earnings** (x 1,000)
Number of associates
In full time equivalents, average
1999
USD*
1999
EUR
5,174,958
9,217,186
14,392,144
5,136,663
9,148,979
14,285,642
Current liabilities
6,125,548
6,080,219
4,607,063
3,554,508
Long-term debt
Long-term liabilities
3,825,587
1,094,688
3,797,278
1,086,587
3,063,486
1,099,867
2,273,351
888,466
Subordinated debt
Minority interests
Stockholders' equity
866,325
338,553
2,141,443
859,914
336,048
2,125,596
859,914
243,290
1,552,753
181,512
249,281
1,401,752
Capital accounts
3,346,321
3,321,558
2,655,957
1,832,545
Total liabilities and stockholders' equity
14,392,144
14,285,642
11,426,373
8,548,870
208,983
208,983
162,746
The dollar figures in this column are translated for reader convenience from the underlying Euro figures at EUR 0.9926 Der USD
1998 and 1992: 53 weeks
Cash and/or stock dividend, 1% interim, 2% final
Net sales
33,810,589
33,560,391
26,484,210
22,946,976
Cost of sales
25,491,713
25,303,075
20,295,007
17,707,560
Gross profit
8,318,876
8,257,316
6,189,203
5,239,416
Selling, general and administrative expenses
6,893,657
6,842,644
5,171,937
4,405,899
Operating results
1,425,219
1,414,672
1,017,266
833,517
Net financial expense
(368,924)
(366,194)
(244,998)
(217,872)
Income taxes
(285,111)
(283,001)
(197,075)
(173,520)
Earnings after income taxes
771,184
765,477
575,193
442,125
Income from unconsolidated subsidiaries and affiliates
7,492
7,437
11,105
2,845
Minority interests
(20,962)
(20,807)
(39,099)
(21,216)
Net earnings
757,714
752,107
547,199
423,754
Other financial information (x 1,000)
Depreciation and amortization
874,595
868,123
672,991
540,258
Operating results margin
4.22%
4.22%
3.84%
3.63%
Earnings after tax margin
2.28%
2.28%
2.17%
1.93%
Number of shares outstanding (x 1,000)
Common shares at year-end
646,484
646,484
639,305
541,099
Common shares weighted average
643,167
643,167
585,975
536,950
Cumulative preferred financing shares
144,000
144,000
144,000
120,000
Data per common share
Stockholders' equity
3.02
3.00
2.14
2.38
Earnings
1.16
1.15
0.92
0.77
Cash flow
2.55
2.53
2.13
1.82
Dividends***
0.49
0.49
0.38
0.32
Share price on the Amsterdam Exchanges:
High
38.84
38.55
31.20
28.49
Low
25.80
25.61
23.05
15.34
Year-end
29.61
29.39
30.94
22.66
1998**
EUR
4,024,732
7,401,641
11,426,373
1997
EUR
2,883,855
5,665,015
8,548,870
142,020
Royal Ahold Annual Report 1999
