D. Condensed consolidated balance sheet under US GAAP
E. Additional US GAAP disclosure
Shareholders' equity
The following presents the Company's condensed consolidated balance sheets in accordance with US GAAP:
December 29, 2002 December 30, 2001
(as restated -
see Note 31.b)
Assets
Current assets 7,876 8,962
Non-current assets:
Tangible fixed assets 11,031 11,919
Intangible assets 8,954 15,016
Other4,5594,113
Total non-current assets 24,544 31,048
Total assets 32,420 40,010
Liabilities and shareholders' equity:
Current liabilities
Non-current liabilities
Total liabilities
9,155 8,262
14,541 15,971
23,696 24,233
Minority interests
Shareholders' equity
Total liabilities and shareholders' equity
183 233
8,541 15,544
32,420 40,010
The changes in shareholders' equity accounts under US GAAP were as follows:
December 29, 2002
December 30, 2001
December 31, 2000
(as restated -
(as restated -
see Note 31.b)
see Note 31.b)
Shareholders' equity, beginning of year
15,544
11,874
8,029
Changes in shareholders' equity during the year:
Net income (loss) in accordance with US GAAP
(4,328)
(254)
442
Dividends
(433)
(94)
(44)
Common shares issued from exercise of option rights
5
67
55
Common shares issued
3,731
2,825
Cumulative preferred financing shares issued
395
Other comprehensive income (loss)
(2,250)
218
199
Other
3
2
(27)
Shareholders' equity, end of year
8,541
15,544
11,874
Stock option plans
As part of Ahold's US GAAP significant accounting policies, the Company adopted the following additional disclosure
requirements of SFAS No. 148, "Accounting for Stock-Based Compensation - Transition and Disclosure". In fiscal 2002,
the Company recognized EUR 2 of income related to the reversal of previously recognized compensation charges. In fiscal
2001 and 2000, the Company recognized compensation cost of less than EUR 1, related to minor issuances of stock
options accounted for using variable accounting. These adjustments are included within the caption "Other" within the
reconciliations of US GAAP consolidated net income and consolidated shareholders' equity. Had compensation costs for
the Company's stock option plans described in Note 11 been determined in accordance with SFAS No. 123, "Accounting
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