Ahold statutory profit-sharing statement
2005 1
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 section 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/
accumulated deficit. In the financial statements the dividend on cumulative preferred financing shares is included in the
statements of operations. Consequently, net income according to the parent company statements of operations is fully
attributable to common shareholders. The proposed profit-sharing statement reads as follows:
2004
Net income
Dividends on common shares
133
885
Added to accumulated deficit
133
885
As a result of the Company's 'Road to Recovery' strategy, no interim dividend was paid in 2005 and it is proposed that no final
dividend on our common shares will be paid in 2006 with respect to 2005 (2004 and 2003: no interim or final dividend).
AHOLD ANNUAL REPORT 2005 219
