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176
Ahold Annual Report 2003
Financial Statements
losses under US GAAP for 2002 amounted to EUR 4,766. Total impairment losses relating to other intangible assets
amounted to EUR 28.
Prior to the implementation of SFAS No. 142 in 2002, the Company reviewed goodwill recorded under US
GAAP for impairment whenever facts or circumstances indicated that the carrying amounts may not have been
recoverable. If an evaluation was required, the estimated future undiscounted cash flows associated with the
underlying business operations were compared to the carrying amount of goodwill to determine if a write-down
was required. If such an assessment indicated that the undiscounted future cash flows would not be recovered,
the carrying amount was reduced to the estimated fair value. For the periods prior to the implementation of SFAS
No. 142, undiscounted cash flows exceeded the carrying amounts of goodwill. Accordingly, no impairment
write-downs of goodwill were recorded in 2001.
The following table discloses Ahold's US GAAP goodwill balance by reportable segment within its retail segment:
Stop Shop
Giant-Landover
U.S. Other
Albert Heijn
Europe Other
South America
Asia Pacific
Total
Balance, December 31, 2000
1,936
1,814
360
73
535
579
176
5,473
Acquisitions
198
6
1,140
126
1,470
Purchase accounting adjustments
(83)
2
99
(2)
16
Divestments
(4)
(6)
(10)
Amortization
(56)
(51)
(16)
(4)
(46)
(13)
(5)
(191)
Impairment losses
(4)
(4)
Exchange rate difference
125
121
31
1
1
(50)
9
238
Balance, December 30, 2001
1,922
1,884
571
76
1,725
634
180
6,992
Transitional impairment losses
(136)
(331)
(180)
(647)
Acquisitions
6
14
237
2
259
Purchase accounting adjustments
13
(6)
42
22
(47)
24
Divestments
(1)
(1)
Impairment losses
(178)
(997)
(310)
(2)
(1,487)
Exchange rate difference
(295)
(289)
(90)
(150)
(824)
Balance, December 29, 2002
1,640
1,589
351
90
613
33
4,316
Acquisitions
Purchase accounting adjustments
(15)
(7)
5
(17)
Divestments
(9)
(6)
(15)
Impairment losses
(32)
(32)
Exchange rate difference
(261)
(254)
(57)
(572)
Balance, December 28, 2003
1,364
1,335
278
84
618
1
3,680
