Additional information
Auditors' report
Introduction
Scope
Opinion
Ahold statutory profit-sharing statement
00 Ahold ANNUAL REPORT 2002 201
BOARD GOVERNANCE HIGHLIGHTS OPERATING REVIEW FINANCIAL INVESTOR REL AT IONS
We have audited the financial statements of Koninklijke Ahold N.V. ("Royal Ahold"), Zaandam, for the year 2002. These
financial statements are the responsibility of the company's management. Our responsibility is to express an opinion on
these financial statements based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in the Netherlands. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures
in the financial statements. An audit also includes assessing the accounting principles used and significant estimates
made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit
provides a reasonable basis for our opinion.
In our opinion, the financial statements give a true and fair view of the financial position of Royal Ahold as at December
29, 2002 and of the result for the year then ended in accordance with accounting principles generally accepted in the
Netherlands and comply with the financial reporting requirements included in Part 9 of Book 2 of the Netherlands Civil
Code.
The accounting principles used can vary in significant respects from accounting principles generally accepted in the
United States. The effect of the principal differences in the determination of net income (loss) and shareholders' equity is
set out in Note 31 to the consolidated financial statements.
Deloitte Touche Accountants
Amsterdam, The Netherlands
October 14, 2003
The holders of common shares are entitled to one vote per share and to participate in the distribution of dividends and
liquidation proceeds. Pursuant to article 39 of the Articles of Association, first a dividend will be declared on cumulative
preferred shares and on cumulative preferred financing shares out of net income. The remaining income, after reservations
made by the Supervisory Board in consultation with the Corporate Executive Board, will be available for distribution to the
common shareholders upon approval at the general meeting of shareholders. Upon recommendation of the Corporate
Executive Board, with the approval of the Supervisory Board, the general meeting of shareholders can decide to pay a
dividend wholly or partly in the form of common shares. Amounts not paid in the form of dividends will be added to the
reserves. In case the net income is not sufficient to declare a dividend on the cumulative preferred financing shares, the
dividend will be declared out of the other reserves. The proposed appropiation of current year result is as follows:
Fiscal 2002 Fiscal 2001 Fiscal 2000
Net income (loss)
(1,208)
750
920
Dividend on cumulative preferred financing shares
(38)
(38)
(17)
Dividend on common shares
(204)
(653)
(506)
Accumulated deficit Other reserves
(1,450)
59
397
As a result of the reported loss in fiscal 2002, no final dividend was paid in respect to 2002 (2001: EUR 0.51 per share;
2000: EUR 0.45 per share). EUR 0.22 per share was paid as interim dividend in 2002 (2001: EUR 0.22 per share;
2000: EUR 0.18 per share).
