Note 12, 13
Non-current hedging derivatives and other derivatives - assets
-
-
-
-
-
-
-
Non-current hedging derivatives and other derivatives - liabilities
-
-
-
-
-
-
-
-
12 COMMITMENTS AND CONTINGENCIES
13 EMPLOYEES
Hedging I Hedging I Other I Other I I
derivatives I derivatives I derivatives I derivatives I 2005 I 2004
external I intercompany I external I intercompany I Total I Total
Beginning of year
360
7
86
3
456
660
Contracts matured or terminated
(120)
(120)
Fair value changes
(53)
4
33
(16)
146
Other movements
(22)
(1)
(23)
(350)
End of year
187
11
97
2
297
456
Hedging Hedging Other Other
derivatives I derivatives I derivatives I derivatives I 2005 I 2004
external I intercompany I external I intercompany I Total I Total
Beginning of year
133
298
3
86
520
663
Contracts matured or terminated
(120)
(120)
Fair value changes
42
(38)
33
37
207
Other movements
(3)
(22)
(25)
(350)
End of year
175
140
97
412
520
Fair value changes include exchange rate differences. Other movements primarily comprises transfers of balances to current
derivatives and installments paid on a cross currency interest rate swap that was entered into on behalf of one of the
Company's subsidiaries.
Bonds and loans issued by certain subsidiaries are guaranteed by the Company, as disclosed in Note 26 to the consolidated
financial statements. Guarantees issued by the parent company amount to EUR 736 as of January 1, 2006. Guarantees and
legal proceedings are further disclosed in Note 35 to the consolidated financial statements. Assumptions of liability pursuant
to section 403, Book 2 of the Netherlands Civil Code are disclosed in Note 38 to the consolidated financial statements.
The average number of employees of Koninklijke Ahold N.V. in full-time equivalents during 2005 was 332 (2004: 277).
Salaries, social security charges and pension expenses amounted to EUR 67, EUR 6 and EUR 8, respectively, for 2005
(2004: EUR 56, EUR 7 and EUR 8, respectively).
For information on the remuneration of the Corporate Executive Board, the Supervisory Board and other key management
personnel, see Note 8 to the consolidated financial statements. For information on the Company's share-based compensation
plans, see Note 9 to the consolidated financial statements.
Corporate Executive Board Supervisory Board
Amsterdam, the Netherlands
March 28, 2006
AHOLD ANNUAL REPORT 2005 217
