Notes: 24
152
Ahold Annual Report 2003
Financial Statements
USD 250 bond 9.875%, issued by Disco S.A., which had an original maturity date of May 15, 2008. This loan
was redeemed on July 22, 2003. Ahold België N.V. held USD 190.3 of this bond.
USD 100 bond 9.125%, issued by Disco S.A. Matured and fully redeemed on May 15, 2003. Ahold België N.V.
held USD 82 of this bond.
Other denominated bonds and notes
GBP 500 bond 6.5%, issued by Ahold Finance U.S.A., Inc., which merged into Ahold International Finance
LLC on April 24, 2002, and changed its name to Ahold Finance U.S.A., LLC on the same day. The bond is
guaranteed by Ahold. Mature March 14, 2017. This bond has been swapped to a USD liability of USD 711,
of which USD 355,5 has an interest rate of 7.493% and USD 355,5 has been swapped to a floating interest rate.
JPY 33,000 bond, JPY LIBOR +1.5%, issued by Ahold in a private placement. Matures May 15, 2031.
This bond has been swapped to a EUR liability of EUR 299 at an interest rate of 7.065%.
CZK 3,000 note PRIBOR 0.28% note issued by Ahold. Matures September 14, 2005.
Other loans
Repayment commitments
Between
Within 1 and After December 28, December 29,
Other loans (fixed rate unless otherwise noted) 1 year 5 years 5 years 2003 2002
EUR-denominated loans and notes
EUR 158 loan EURIBOR plus 0.63% - - - - 158
EUR 125 loan 2.7375% - 125 - 125
EUR 95 EURO Note 5.625% - 95 - 95 95
EUR 66 note EURIBOR plus 0.8% - 66 - 66 66
EUR 50 note EURIBOR plus 0.4% - 50 - 50 50
EUR 45 loan 7.70% 9 - - 9 18
USD-denominated loans
USD 150 loan LIBOR plus 0.1% - - - - 128
USD 50 loan 6.23% - - - - 48
USD 39 loan 6.11% - - - - 37
Other loans 26 125 36 187 290
35 461 36 532 890
EUR-denominated loans and notes
EUR 125 loan 2.7375%, issued by Schuitema. Matures February 2007.
EUR 158 floating rate EURIBOR 0.63% loan, issued by Ahold. Matured October 30, 2003.
EUR 95 Euro note 5.625%, issued by Ahold. Matures December 17, 2008.
EUR 66 floating rate EURIBOR 0.8% note, issued by Ahold. Matures October 26, 2007.
EUR 50 floating rate EURIBOR 0.4% loan issued by Ahold. Matures June 14, 2007.
EUR 45 loan 7.70%, incurred by Ahold Vastgoed B.V., principal repayments on this loan are due in five equal
installments of EUR 9 from June 2000 through June 2004.
USD-denominated loans and notes
USD 150 loan, LIBOR plus 0.1%. This loan was issued by Ahold. To obtain this loan, Ahold pledged legal
ownership of USD 150 Disco bonds, held by Ahold België N.V. Matured on May 14, 2003.
USD 50 notes 6.23% issued by Croesus, Inc., guaranteed by Ahold, which had an original maturity date
of June 30, 2006. The notes were redeemed on April 22, 2003.
USD 39 notes 6.11% issued by Croesus, Inc., guaranteed by Ahold, which had an original maturity date
of June 30, 2003. The notes were redeemed on April 22, 2003.
The EURIBOR rate as of December 24, 2003 was for 3 months, 2.142% and, for 6 months, 2.181%. The LIBOR
USD rate as of December 24, 2003 USD was, for 3 months, 1.17% and, for 6 months, 1.23%. The PRIBOR 6
months rate as of December 23, 2003 was 2.12%.
Ahold Finance USA Inc. is a 100%-owned finance subsidiary of Ahold and Ahold has fully and unconditionally
guaranteed all securities issued by Ahold Finance USA Inc. listed above. There are no significant restrictions on the
ability of Ahold to obtain funds from Ahold Finance USA, Inc. by dividend or loan.
As of December 28, 2003, the aggregate amounts of mortgages and other loans that were collateralized
by buildings and land amounted to EUR 41 (2002: EUR 92).
