Note 3, 4
3 PROPERTY, PLANT AND EQUIPMENT
Carrying amount beginning of year 8 11
Additions 9 1
Intercompany transter 47 -
Disposals - (1)
Depreciation (6) (3)
58 8
Carrying amount
At cost 70 26
Accumulated depreciation (12) (18)
Property, plant and equipment consists ot land and buildings (EUR 49), computer equipment and ottice furniture.
4 FINANCIAL ASSETS
Investments in subsidiaries 5,574 4,967
Investments in joint ventures and associates 772 696
Loans receivable trom subsidiaries 1,018 184
Loans receivable trom joint ventures and associates - 29
Other Loans receivable 28 35
Hedging derivatives intercompany 11 7
Hedging derivatives external 187 360
Other derivatives intercompany 2 3
Other derivatives external 97 86
Deterred financing cost 4 3
Deterred income tax 30 10
INVESTMENTS IN SUBSIDIARIES,^^^^^^^^^^^^^^^B I venturesand I 2005 I 2004
JOINT VENTURES AND ASSOCIATES
Beginning of year 4,967 696 5,663 4,746
Acquisitions - - - 260
Divestments 17 - 17 (556)
Intercompany transters 423 - 423 (1,405)
Share in income (loss) 686 132 818 691
Direct equity movements (11) - (11) 173
Dividends (1,198) (53) (1,251) (696)
Exchange rate ditterences 657 (2) 655 (344)
Transters trom loans receivable 35 - 35 2,773
Other movements (2) (1) (3) 21
AHOLD ANNUAL REPORT 2005 213