-
601
1.51
in€
The calculation of net earnings and stockholders' equity of Royal Ahold, substantially in accordance with US GAAP, is as follows:
Fiscal year
Fiscal year
(Amounts in EUR thousands)
1999
1998
Ahold's net earnings in accordance with Dutch GAAP
752,107
547,199
Adjustments to reported net earnings
Goodwill
(147,378)
(96,095)
Pension cost
6,552
(10,874)
Revaluation of real estate
2,263
2,725
Restructuring costs USA
(19,202)
(7,378)
Provisions
(28,630)
(54,535)
Other
10,109
Income taxes
9,825
16,484
Approximate net earnings in accordance with US GAAP
585,646
397,526
Dividends on cumulative preferred financing shares
(12,167)
(9,925)
Approximate net earnings in accordance with US GAAP
applicable to common shares
573,479
387,601
January 2,
2000
January 3,
1999
Ahold's stockholders' equity in accordance with Dutch GAAP
2,125,596
1,552,753
Adjustments to reported equity
Goodwill
5,705,620
4,873,630
Pensions
49,262
55,407
Revaluation of real estate
(30,221)
(33,855)
Dividends
226,269
171,011
Other
29,579
33,051
Approximate stockholders' equity in accordance with US GAAP
8,106,105
6,651,997
Average number of common shares outstanding (x 1,000)
643,167
585,975
Net earnings per common share in accordance with Dutch GAAP
EUR
1.15
EUR
0.92
Approximate net earnings per common share in accordance with US GAAP
EUR
0.89
EUR
0.66
Diluted number of common shares (x 1,000)
673,231
599,006
Diluted net earnings per common share in accordance with US GAAP
EUR
0.85
EUR
0.65
- Group equity
- Earnings per share
1
CD
*=3"
1.0-
1 1
CD CD
Csl
1 1
LO CD
CD
1995 1996 1997 1998 1999
1995 1996 1997 1998 1999
as a of assets
US GAAP
Dutch GAAP
US GAAP
Dutch GAAP
Royal Ahold Annual Report 1999
