Consolidated statements of operations
Financial statements
EUR in millions, except per share data
Note
2006
2005
2004
Net sales
Cost of sales
6
44,872
(35,541)
43,979
(34,873)
44,040
(34,924)
Gross profit
9,331
9,106
9,116
Selling expenses
General and administrative expenses
Settlement Securities Class Action
(6,488)
(1,550)
(6,465)
(1,585)
(803)
(6,383)
(1,766)
Total operating expenses
7, 8, 9
(8,038)
(8,853)
(8,149)
Operating income
1,293
253
967
Interest income
Financial expense
10
62
(580)
88
(738)
64
(334)
Net financial expense
(518)
(650)
(270)
Share in income of joint ventures and associates
18
152
118
104
Income (loss) before income taxes
927
(279)
801
Income taxes
11
(91)
214
(140)
Income (loss) from continuing operations
836
(65)
661
Income from discontinued operations
12
79
211
222
Net income
915
146
883
Attributable to:
Common shareholders
Minority interests
899
16
O CD
CM CM
870
13
Net income
915
146
883
Earnings per share
13
Net income per share attributable to common shareholders
Basic
Diluted
0.58
0.57
0.08
0.08
0.56
0.56
Income (loss) per share from continuing operations attributable to common shareholders
Basic
Diluted
0.53
0.52
(0.06)
(0.06)
0.42
0.42
Weighted average number of common shares outstanding (x 1,000)
Basic
Diluted
1,555,475
1,653,823
1,554,713
1,554,713
1,553,007
1,553,240
The accompanying notes are an integral part of these consolidated financial statements.
56 Ahold Annual Report 2006