Ahold statutory profit-sharing statement
Subsequent events
31 www.ahold.com/reports2008
Other information ahold annual report 2008 116
The holders of common shares are entitled to one vote per
share and to participate in the distribution of dividends and
liquidation proceeds. Pursuant to section 39 of the Articles of
Association, a dividend will first be declared out of net income
on cumulative preferred shares and cumulative preferred
financing shares. Any net income remaining after reservations
deemed necessary by the Supervisory Board, in consultation
with the Corporate Executive Board, will then be available for
distribution to the common shareholders subject to approval at
the General Meeting of Shareholders. The Corporate Executive
Board, with the approval of the Supervisory Board, may propose
that the General Meeting of Shareholders make distributions
wholly or partly in the form of common shares. Amounts of net
income not paid in the form of dividends will be added to the
accumulated deficit. In the financial statements the dividend
on cumulative preferred financing shares is included in the
income statement. Consequently, net income according to the
parent company income statement is fully attributable to
common shareholders.
The Corporate Executive Board, with the approval of the
Supervisory Board, proposes that a final dividend of EUR 0.18
per common share be paid in 2009 with respect to 2008
(2007: EUR 0.16). This proposal results in the following
appropriation of net income:
million
2008
2007
Net income
1,074
2,931
Dividends on common shares
(212)
(188)
Add to accumulated deficit
862
2,743
For information regarding subsequent events, see Note 34
to the consolidated financial statements.
