Ahold statutory profit-sharing statement
-
Ahold Annual Report 2003
Additional Information
199
The holders of common shares are entitled to one vote per share and to participate in the distribution of dividends
and liquidation proceeds. Pursuant to article 39 of the Articles of Association, first a dividend will be declared
on cumulative preferred shares and on cumulative preferred financing shares out of net income. The remaining
income, after reservations made by the Supervisory Board in consultation with the Corporate Executive Board,
will be available for distribution to the common shareholders upon approval at the General Meeting of Shareholders.
Upon recommendation of the Corporate Executive Board, with the approval of the Supervisory Board, the General
Meeting of Shareholders can decide to pay a dividend wholly or partly in the form of common shares. Amounts
not paid in the form of dividends will be added to retained earnings. The proposed profit-sharing statement reads
as follows:
2003
2002
2001
Net income (loss)
(1)
(1,208)
750
Dividends on cumulative preferred financing shares
(38)
(38)
(38)
Dividends on common shares
(204)
(653)
Accumulated deficit/Other reserves
(39)
(1,450)
59
As a result of the Company's 'Road to Recovery' strategy, no interim dividend was paid and final dividend on our
common shares will be paid in respect to 2003 (2002: EUR 0.22 per share as interim dividend and no final
dividend; 2001: EUR 0.22 per share as interim dividend and 0.51 per share as final dividend.)
