Note 6, 7, 8
Financial statements - Notes to the consolidated financial statements
6 NET SALES
2005 1
7 EXPENSES BY NATURE
2005 1
-
8 EMPLOYEE BENEFIT EXPENSES AND DIRECTORS' REMUNERATION
2005 1
2004
Sales to retail customers
25,622
25,574
Sales to wholesale customers
14,868
15,183
Sales to franchisees and franchisee fees
3,515
3,502
Internet sales
252
200
Other sales
239
151
Net sales
44,496
44,610
For disclosures on net sales of discontinued operations, see Note 12.
2004
Cost of product
33,103
33,272
Employee benefit expenses
5,793
5,811
Other store expenses
2,118
2,023
Depreciation, amortization and impairments
1,069
1,209
Rent expense
631
662
Settlement securities class action
803
Other expenses
731
710
Total expenses
44,248
43,687
In November 2005 Ahold reached an agreement with the lead plaintiffs to settle the securities class action (the "Securities
Action"), which is pending before the U.S. District Court for the District of Maryland. Ahold also reached an agreement to
settle litigation with the Vereniging van Effectenbezitters (the Dutch Shareholders' Association or the "VEB"). An amount of
EUR 803 has been recognized in 2005 operating income related to the Securities Action, which includes insurance proceeds.
For further information on the agreements in the Securities Action and with the VEB, see Note 35.
For disclosures on total expenses of discontinued operations, see Note 12.
2004
Salaries and wages
4,750
4,760
Social security charges
773
837
Pension expenses
245
191
Share-based compensation expenses
25
23
Total employee benefit expenses
5,793
5,811
114
