Consolidated statements of operations
2005 1
Euros in millions, except per share data
Note
2004
Net sales
6
44,496
44,610
Cost of sales
(35,290)
(35,398)
Gross profit
9,206
9,212
Operating expenses
Selling expenses
(6,545)
(6,475)
General and administrative expenses
(1,610)
(1,814)
Settlement securities class action
(803)
-
Total operating expenses
7, 8, 9
(8,958)
(8,289)
Operating income
248
923
Net financial expense
Interest income
89
66
Interest expense
(678)
(770)
Gain (loss) on foreign exchange
(1)
43
Other financial income (expense)
10
(56)
380
Net financial expense
(646)
(281)
Share in income of joint ventures and associates
18
155
138
Income (loss) before income taxes
(243)
780
Income taxes
11
205
(147)
Income (loss) from continuing operations
(38)
633
Income from discontinued operations
12
197
265
Net income
159
898
Attributable to:
Common shareholders of Ahold
133
885
Minority interests
26
13
Net income
159
898
Income (loss) per share from continuing operations attributable to common shareholders
13
Basic
(0.04)
0.40
Diluted
(0.04)
0.40
Income per share from discontinued operations attributable to common shareholders
13
Basic
0.13
0.17
Diluted
0.13
0.17
Net income per share attributable to common shareholders
13
Basic
0.09
0.57
Diluted
0.09
0.57
Weighted average number of common shares outstanding (x 1,000)
13
Basic
1,554,713
1,553,007
Diluted
1,554,713
1,553,240
The accompanying notes are an integral part ot these consolidated tinancial statements.
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