26 Other non-current liabilites
27 Current liabilities
Interest expense on capital lease commitments was EUR 232, EUR 214, and EUR 176 for fiscal years 2002, 2001, and
2000, respectively. The aggregate amounts of minimum rental commitments to third parties, under non-cancelable capital
lease contracts for the next five years and thereafter are as follows:
2003
324
2004
300
2005
313
2006
277
2007
265
Thereafter
3,152
Total future minimum lease payments
4,631
Estimated executory costs
(2)
Interest portion
(2,306)
Present value of net minimum capital lease payments
2,323
Current portion
(99)
Long-term portion of capitalized lease commitments
2,224
Total future minimum lease payments above have not been reduced by minimum sublease rentals of EUR 13 as of
December 29, 2002 due in the future under related non-cancelable subleases.
Other non-current liabilities consists of step rent for EUR 45 (2001: EUR 48) and deferred gains of EUR 303 (2001:
EUR 259). Step rent relates to the equalization of rent contracts throughout the life of the lease contract. Deferred gains
represent mainly the non-current portion of deferred book gains on sale and leaseback transactions as well as up front
payments received from banks with respect to derivative contracts.
Loans payable December 29, 2002 December 30, 2001
Current portion of long-term liabilities
1,372
641
Loans payable to financial institutions
702
282
Ahold Dutch Customer Fund Loan
113
171
Personnel and customer savings
96
95
Other loans
87
37
2,370 1,226
Other current liabilities December 29, 2002 December 30, 2001
Deferred gains
50
37
Payables to joint ventures and equity investees
3
14
Vacation allowances
295
296
Interest
251
259
Pension funds
33
24
Dividend cumulative preferred financing shares
18
18
650 648
158
