00 Ahold ANNUAL REPORT 2002 113
BOARD GOVERNANCE HIGHLIGHTS OPERATING REVIEW FINANCIAL INVESTOR REL AT IONS
Statement of operations for year
2000 as
Deconsolidation
Other
2000
ended December 31, 2000
previously reported
of Joint Ventures
Adjustments
as restated
Net sales
51,542
(10,580)
(129)
40,833
Cost of sales
(39,655)
8,347
29
(31,279)
Gross profit
11,887
(2,233)
(100)
9,554
Expenses
Selling expenses
(7,905)
1,376
(5)
(6,534)
General and administrative expenses
(1,703)
409
(71)
(1,365)
Goodwill and intangible asset amortization
(5)
(45)
(50)
Impairment of goodwill and intangible assets
Gain on disposal of tangible fixed assets
30
30
Loss on related party default guarantee
Total expenses
(9,613)
1,785
(91)
(7,919)
Operating income (loss)
2,274
(448)
(191)
1,635
Financial expense, net
Interest income
87
17
(5)
99
Interest expenses
(809)
155
(45)
(699)
Gain (loss) on foreign exchange
52
(9)
(4)
39
Other financial income and expense
1
(1)
(7)
(7)
Net financial expense
(669)
162
(61)
(568)
Income (loss) before income taxes
1,605
(286)
(252)
1,067
Income taxes
(401)
75
91
(235)
Income after income taxes
1,204
(211)
(161)
832
Share in net income (loss) of associates
14
96
(32)
78
Minority interests
(102)
115
(3)
10
Net income (loss)
1,116
(196)
920
Dividend cumulative preferred financing shares
(17)
(17)
Net income (loss) after preferred dividends
1,099
(196)
903
Net income (loss) after preferred dividend per common share - basic
1.49
1.22
Weighted average number of common shares outstanding (xi,000) - basic
737,403
737,403
Net income (loss) after preferred dividends per common share - diluted
1.43
1.19
Weighted average number of common shares outstanding (xi,000) - diluted
795,883
797,121(1)
(1) The weighted average number of common shares outstanding - diluted is retroactively adjusted with the adjustment factor for the dilution of the convertible
bonds and the stock options.
