US 184 25 5 214 214
US 160 1 1 1 1 50 2Ü
The aggregate amounts of minimum rental commitments to third parties as of December 29, 2002, under non-cancelable
operating lease contracts for the next five years and thereafter are as follows:
2003
763
2004
714
2005
656
2006
637
2007
550
Thereafter
4,948
Total
8,268
The minimum rental commitments above have not been reduced by minimum lease or sublease rental income of EUR 40.
Capital investment commitments
Ahold had capital investment commitments for fixed assets outstanding of approximately EUR 429 at December 29, 2002.
The Ahold consolidated asset investment commitments per region were as follows:
Other Total Total
Land Improvement Fixtures fixed tangible Intangible investment
Region and buildings renovations equipment assets fixed assets assets commitments
Europe 135 14 25 8 182 27 209
Latin America 4 1 5 5
Asia Pacific 1 1 1
Ahold Consolidated 323 40 31 8 402 27 429'
As shown above, the investment commitments mainly relate to land and buildings of EUR 323 million at December 29,
2002. The dominant regions with regard to investment commitments are the U.S. with EUR 214 of outstanding capital
investment commitments, and the European region with EUR 209 of outstanding capital investment commitments.
Payments resulting from these commitments are expected as follows:
Region 2003 2004 2005 2006 2007 after 2007 Total
Europe 141 36 6 6 3 17 209
Latin America 5 5
Asia Pacific 1 1
Ahold Consolidated 307 3 7 7 7 4 67 429
Purchase commitments
Ahold has purchase commitments with vendors in the ordinary course of business. The Company has long-term purchase
contracts that require the Company to buy predetermined volumes of goods and goods not-for-resale at fixed prices.
Guarantees
Guarantees to third parties, other than lease and bond guarantees, have been issued by Ahold totaling EUR 3,347 and
EUR 2,614 as of fiscal year-end 2002 and 2001, respectively. These guarantees primarily relate to Ahold's guarantees
that cover liabilities and commitments of its subsidiaries, which are recorded as a liability in the consolidated balance
sheet or disclosed as a commitment above.
At December 29, 2002 and at December 30, 2001, Ahold had outstanding guarantees relating to credit facilities of
EUR 2,430 and EUR 978, respectively. Of the December 29, 2002 credit facility guarantees outstanding, EUR 2,000
related to Ahold's credit facility with ING, ABN AMRO, Goldman Sachs and JP Morgan. This guarantee was issued by
Ahold on July 18, 2002 and extended through the term of the related credit facility. In general, credit facility guarantees
have been granted by Ahold to facilitate borrowings by Ahold subsidiaries. In the event of default by the subsidiary,
Ahold would be liable for all obligations under the credit facility. The carrying amount of the liabilities related to these
guarantees is recorded within loans payable in the consolidated balance sheet and was approximately EUR 220 at
December 29, 2002.
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