2 www.ahold.com/reports2008
Notes to the consolidated financial statements
10 Income taxes continued
Income taxes in equity
-
Other
-
11 Property, plant and equipment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(186)
Financial statements
AHOLD ANNUAL REPORT 2008 67
The majority of the above mentioned deferred tax assets relate to tax jurisdictions in which Ahold suffered a loss in the current or
preceding period. Significant judgment is required in determining whether deferred tax assets are realizable. Ahold determines this
on the basis of expected taxable profits arising from the reversal of recognized deferred tax liabilities and on the basis of budgets,
cash flow forecasts and impairment models. Where utilization is not considered probable, deferred tax assets are not recognized.
Income taxes recognized in and transferred from equity in 2008 and 2007 are as follows:
million
2008
2007
Derivatives
6
(3)
Share-based compensation
1
6
Share issuance costs
5
3
Total
12
6
Buildings and land
million
Stores
Other
Machinery
and
equipment
Other
Under
construction
Total
As of December 31, 2006
At cost
6,023
1,555
3,866
568
294
12,306
Accumulated depreciation and impairment losses
(1,876)
(434)
(2,648)
(417)
(6)
(5,381)
Carrying amount
4,147
1,121
1,218
151
288
6,925
Year ended December 30, 2007
Additions
370
43
333
18
40
804
Acquisitions through business combinations
5
3
8
Depreciation
(289)
(43)
(316)
(34)
(682)
Impairment losses
(31)
(2)
(16)
(1)
(50)
Impairment reversals
8
7
15
Assets classified as held for sale or sold
(205)
(553)
(182)
(75)
(55)
(1,070)
Other movements
(46)
(55)
(5)
2
(21)
(125)
Exchange rate differences
(309)
(32)
(74)
(5)
(15)
(435)
Closing carrying amount
3,650
479
968
57
236
5,390
As of December 30, 2007
At cost
5,421
678
3,211
311
237
9,858
Accumulated depreciation and impairment losses
(1,771)
(199)
(2,243)
(254)
(1)
(4,468)
Carrying amount
3,650
479
968
57
236
5,390
Year ended December 28, 2008
Additions
534
35
414
18
(69)
932
Acquisitions through business combinations
6
1
7
Depreciation
(280)
(23)
(282)
(16)
(601)
Impairment losses
(4)
(1)
(5)
(10)
Impairment reversals
2
2
Assets classified as held for sale or sold
(108)
(29)
(15)
(14)
(352)
Other movements
(12)
(4)
(6)
(1)
4
(19)
Exchange rate differences
145
6
28
1
3
183
Closing carrying amount
3,855
384
1,089
44
160
5,532
As of December 28, 2008
At cost
5,742
545
3,048
165
161
9,661
Accumulated depreciation and impairment losses
(1,887)
(161)
(1,959)
(121)
(1)
(4,129)
Carrying amount
3,855
384
1,089
44
160
5,532
