o www.ahold.com/reports2009
Notes to the consolidated financial statements
28 Cash flow
2,863
Financials
The following table presents a reconciliation between the statement of cash flows and the cash and cash equivalents as presented on the
balance sheet:
million 2009 2008
Cash and cash equivalents at the beginning of the year
2,863
3,263
Restricted cash
(19)
(21)
Cash and cash equivalents at the beginning of the year, excluding restricted cash
2,844
3,242
Net cash from operating, investing and financing activities
(169)
(445)
Effect of exchange rate differences on cash and cash equivalents
(9)
47
Restricted cash
22
19
Cash and cash equivalents at the end of the year
2,688
The following table presents additional cash flow information:
million
2009
2008
Non-cash investing activities
Accounts payable at year end related to purchased non-current assets
Assets acquired under finance leases from continuing operations
128
39
163
3
Non-cash financing activities
Finance lease liabilities originated from continuing operations
(39)
(3)
Acquisition of businesses
Fair value of assets acquired
Fair value of assets given
Goodwill
Less: Liabilities assumed
(10)
10
(4)
(23)
(5)
2
Total consideration paid
Cash acquired
(4)
(26)
Acquisition of businesses, net of cash acquired
(4)
(26)
Divestments of businesses
Carrying amount of assets divested (net of cash divested of €16 million in 2008)
Liabilities
Non-controlling interests
1
702
(449)
(80)
Net assets divested
Result on divestments of discontinued operations before income taxes
Changes in accounts receivable/payable and provisions - net
1
(128)
119
173
159
(11)
Divestment of businesses, net of cash divested
(8)
321
Ahold Annual Report 2009 95
