7 Loans
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
9 Commitments and contingencies that are not included in the balance sheet
Ahold Annual Report 2003 197
Financial Statements
Repayment commitments
after 5 years
Between
1 and 5
years
within 1 year
December 28,
2003
December 29,
2002
Subordinated loans
6.75%, subordinated bonds
91
5.875%, subordinated bonds
91
91
91
3.0% convertible subordinated notes
678
4.0% convertible subordinated notes
920
920
920
Other loans
EUR 158 million EURIBOR +0.63%
158
EUR 1,500 million bond 5.875%
1,500
1,500
1,500
EUR 200 million bond 6.375%
200
200
200
EUR 66 million floating rate note EURIBOR +0.8%
66
66
66
EUR 95 million loan 5.625%
95
95
95
EUR 50 million EURIBOR +0.4%
50
50
50
USD 150 million loan LIBOR plus 10 bps
128
CZK 3,000 million floating rate note PRIBOR +0.28%
92
92
96
JPY 33,000 million bond LIBOR plus 150 bps
299
299
299
USD loans from subsidiaries and affiliates
(interest ranging from 1.44% to 7.65%)
366
366
393
299
2,460
920
3,679
4,765
Current portion
(920)
(920)
(1,055)
Long-term portion of loans
299
2,460
2,759
3,710
For a further detailed narrative of the loans, see Note 24 to the consolidated financial statements.
8 Current liabilities
December 28,
December 29,
2003
2002
Short-term borrowings
1,101
1,624
Payables to subsidiaries and affiliates
29
265
Deferred gains
14
14
Corporate income tax payable
122
Other taxes payable
17
1
Interest
82
108
Dividend cumulative preferred financing shares
38
18
Other current liabilities
56
15
Total
1,337
2,167
The current liabilities are liabilities that mature within 1 year.
See Note 30 to the consolidated financial statements. See Note 32 to the consolidated financial statements for
disclosure on issued declarations of assumption of liability pursuant to article 403, Book 2 of The Netherlands Civil Code.
Corporate Executive Board
A.C. Moberg, CEO
H. Ryöppönen, CFO
W.J. Grize
M.P.M. de Raad
P.N. Wakkie
Supervisory Board
K. Vuursteen, Chairman
Sir M. Perry GBE
R. Fahlin
J. Hommen
L.J.R. de Vink
R.G. Tobin
Dr. C.P. Schneider
Zaandam, April 24, 2004
