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