Consolidated income statement Investors
Selling expenses
Ahold
Annual Report 2010
Group at a glance
Performance
Governance
Financials
million
Note
2010
2009
Net sales
7
29,530
27,925
Cost of sales
8
(21,610)
(20,338)
Gross profit
7,920
7,587
(5,714)
(5,488)
General and administrative expenses
(870)
(802)
Total operating expenses
8
(6,584)
(6,290)
Operating income
1,336
1,297
Interest income
18
27
Interest expense
(288)
(316)
Other financial income
11
6
Net financial expense
9
(259)
(283)
Income before income taxes
1,077
1,014
Income taxes
10
(271)
(148)
Share in income of joint ventures
14
57
106
Income from continuing operations
863
972
Loss from discontinued operations
5
(10)
(78)
Net income attributable to common shareholders
853
894
Earnings per share
29
Net income per share attributable to common shareholders
Basic
0.73
0.76
Diluted
0.72
0.74
Income per share from continuing operations attributable to common shareholders
Basic
0.74
0.82
Diluted
0.73
0.81
Weighted average number of common shares outstanding (in millions)
Basic
1,169
1,180
Diluted
1,230
1,243
The accompanying notes are an integral part of these consolidated financial statements.