1
Notes to the consolidated balance sheets
(Amounts in thousands)
Assets
Current assets
Cash*
1999
1998
Cash investments
443 399
Cash and cash equivalents 444191
104,724
414,671
887,592
519,395
Receivables
Trade receivables
ntr, u, 891,273
Other receivables
n 458,100
Prepaid expenses
n r- 000,30/
Project financing 84mo
718,501
412,102
398,026
57,677
1,789,370
Allowances for doubtful receivables
(92,622)
1,586,306
(77,259)
1,696,748
1,509,047
Inventories
Raw materials and components 12 991
Finished products and merchandise inventories 2 549 g22
Packaging materials, technical supplies and other R9 fi-,q
22,413
1,982,896
56,166
2,625,552
Allowances for obsolete inventories
I ó,Z.z.zj)
2,061,475
(65,185)
2,552,323
1,996,290
Fixed assets
Tangible fixed assets
Buildings and land
Stores other
Machinery/
Equipment
Other
Under
construction
Beginning of fiscal year:
Total
Purchase value
Accumulated depreciation
3,548,152
(560,518)
623,722
(130,994)
1,804,240
(645,699)
3,270,423
(1,578,387)
415,664
9,662,201
(2,915,598)
Book value
Investments
Capitalized leases
Assets brought in
through acquisitions
Deconsolidations
Divestments**
Depreciation
Exchange rate differences
2,987,634
426,517
178,164
92,267
(67,220)
(140,737)
277,862
492,728
78,433
40,462
(9,702)
17,224
(28,471)
32,595
1,158,541
371,090
987
25,655
(19,850)
(43,239)
(192,550)
110,165
1,692,036
698,241
2,290
85,906
(14,545)
(45,765)
(482,479)
143,192
415,664
158,517
437
(313)
(5,462)
38,720
6,746,603
1,732,798
181,441
244,727
(44,410)
(144,462)
(844,237)
602,534
End of fiscal year:
Purchase value
Accumulated depreciation
4,558,960
(804,473)
794,632
(171,363)
2,236,866
(826,067)
4,082,603
(2,003,727)
607,563
12,280,624
(3,805,630)
Book value
3,754,487
623,269
1,410,799
2,078,876
607,563 I
8,474,994
Included in the book value of the buildings and land is a revaluation for the amount of EUR 46,493 (1998: EUR 52,085). The value of
tangible assets held under capitalized leases amounts to EUR 990,458 (1998: EUR 764,715),
Mortgages and other loans collateralized by buildings and land amount to EUR 114,720 (1998: 109,737). Interest costs aggregating
EUR 15.4 million (1998: EUR 12.9 million) were capitalized as part of fixed assets. The value of the tangible fixed assets, based on current
value, ,s approximately EUR 420 million higher (1998: approximately EUR 182 million) than the reported book value based upon historical costs.
Including restricted cash for the amount of EUR 35,398
Including reclassifications
Royal Ahold Annual Report 1999
