Note 33
Financial statements - Notes to the consolidated financial statements
2005 1
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33 RELATED PARTY TRANSACTIONS
The following table presents additional cash flow information:
2004
Non cash flow investing activities
Assets acquired under finance leases from continuing operations
143
390
Assets acquired under finance leases from discontinuing operations
1
5
Non cash flow financing activities
Finance lease liabilities originated from continuing operations
(143)
(390)
Finance lease liabilities originated from discontinuing operations
(1)
(5)
Acquisition of subsidiaries
Fair value of assets acquired
(69)
(40)
Goodwill
20
(4)
Less: liabilities assumed
17
37
Total consideration paid
(32)
(7)
Cash acquired
Acquisition of subsidiaries, net of cash acquired
(32)
(7)
Divestments of subsidiaries
Carrying amount of assets divested
1,645
2,049
Liabilities
(907)
(1,069)
Net assets divested
738
980
Cumulative translation adjustment
24
1
Result on divestments of discontinued operations before tax
151
230
Consideration in escrow account (regarding Disco)
198
(233)
Receivable (regarding BI-LO/Bruno's)
(53)
Total consideration received
1,058
978
Cash divested
(69)
(47)
Divestment of subsidiaries, net of cash divested
989
931
Transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on
consolidation and are not disclosed in this note. Details of transactions between the Company and its subsidiaries on one hand
and related parties on the other are disclosed below.
Ahold has entered into arrangements with a number of its subsidiaries and affiliated companies in the course of its business.
These arrangements relate to service transactions and financing agreements. Transactions were conducted at market prices,
adjusted to reflect the volume of transactions and the relationship between the parties.
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