Business segment information
00 Ahold ANNUAL REPORT 2002 45
BOARD GOVERNANCE HIGHLIGHTS OPERATING REVIEW FINANCIAL INVESTOR REL AT IONS
We report information about our subsidiaries on a consolidated basis. This means that our results include the results of all
subsidiaries, which Ahold, either directly or indirectly, controls. Income generated by our joint ventures, for the periods
when we do not have control, is included in our share in income or loss of joint venture and equity investees, as discussed
In addition to reporting on a consolidated basis, we disclose financial and descriptive information about each of our
operating segments.
We operate ten reportable operating segments, which are as follows:
- Retail
trade
Stop Shop;
- Retail
trade
Giant-Landover;
- Retail
trade
Other United States
- Retail
trade
Albert Heijn;
- Retail
trade
Other Europe;
- Retail
trade
Latin America;
- Retail
trade
Asia Pacific;
- Food service: United States;
- Food service: Europe; and
- Other Activities.
Our internal operating decision makers review two additional segments: Retail Trade - United States and Retail Trade -
Europe. We have included discussions of these two operating segments below to provide shareholders with the same type
of information that our internal operating decision makers review. However, neither Retail Trade - United States nor Retail
Trade - Europe are operating segments, as the term is defined under SFAS No. 131.
Net sales by business segment
Net sales by business segment for fiscal 2002, fiscal 2001 and fiscal 2000 are as follows:
Fiscal 2002 Fiscal 2001 Fiscal 2000
EUR Change EUR Change EUR
(in EUR millions, except percentages) (restated) (restated)
Retail trade:
Stop Shop
10,043
2.4
9,809
42 5
6,886
Giant-Landover
5,614
(1.8)
5,714
10.0
5,196
Other United States
12,179
172
10,395
(2.7)
10,687
Subtotal retail trade United States
27,836
7.4
25,918
13 8
22,769
Albert Heijn
5,703
5.4
5,409
4 0
5,201
Other Europe
7,115
5.7
6,730
60 5
4,193
Subtotal retail trade Europe
12,818
5.6
12,139
29 2
9,394
Latin America
2,143
68.2
1,274
57 3
810
Asia Pacific
458
14 5
400
(0 5)
402
Total retail trade
43,255
8.9
39,731
19.0
33,375
Food service:
United States
18,508
36.5
13,556
103.9
6,649
Europe
872
(1 1)
882
15 9
761
Total food service
19,380
34.2
14,438
94.8
7,410
Other Activities
48
9.1
44
(8.3)
48
Total
62,683
15.6
54,213
32.8
40,833