Commitments and contingencies Guarantees and securities Guarantees to third parties have been given totaling EUR 44,949 (1998: EUR 8,138). Rentals The annual costs of rentals and operational leases were as follows: 1999 1998 Minimum rentals 605,073 476,464 Contingent rentals 13,626 11,333 Lease and sublease income (117,539) (80,786) 501,160 407,011 The amount of rental comm itments to third parties, chiefly for real estate totals for the next five years and thereafter: 2000 569,397 2001 543,495 2002 489,176 2003 454,382 2004 411,956 after 2004 3,594,837 Minimum lease payments above have not been reduced by minimum lease or sublease rental income of total EUR 587 million. Capital investment commitments At the end of 1999, commitments on orders already issued amounted to EUR 413,129 (1998: EUR 343,168). Legal proceedings There are no material pending legal proceedings known, other than ordinary routine litigation incidental to Royal Ahold's and its subsidiaries' businesses, to which Royal Ahold or any of its subsidiaries is a party or of which any of their property is subject. The Company is of the opinion that these will not have an adverse effect on financial position and operational results. Royal Ahold Annual Report 1999

Jaarverslagen | 1999 | | pagina 87