o www.ahold.com/reports2009
Notes to the consolidated financial statements
35 Subsequent events
36 List of subsidiaries, joint ventures and associates
Financials
Acquisition of BI-LO term loans
On December 18, 2009, certain Ahold affiliates entered into a Settlement and Term Loan Acquisition Agreement ("Settlement
Agreement") with Lone Star Fund V, LLC ("Lone Star") and certain other Lone Star entities, which is described further in filings made
with the U.S. Bankruptcy Court for the District of South Carolina. Pursuant to the Settlement Agreement, Ahold acquired $260 million
of the existing term loans of BI-LO, LLC during February 2010. Lone Star and certain other Lone Star entities have provided Ahold
with funding of $130 million and security relating to the repayment of the acquired term loans.
Acquisition of stores from Ukrop's Super Markets
On February 8, 2010, Ahold announced that Giant-Carlisle successfully completed the acquisition of 25 stores from Ukrop's Super
Markets. The transaction includes 25 stores, inventory, equipment, lease agreements and one new store location. In addition, Giant-Carlisle
will hire Ukrop's store associates. The purchase price is approximately $140 million. The stores, located in the Greater Richmond and
Williamsburg areas of Virginia, will begin operating under the Martin's name later in spring 2010. Ahold is in the process of determining
the initial accounting for the business combination.
Share buyback
On March 4, 2010, Ahold will announce its decision to return €500 million to its shareholders by way of a share buyback program.
The following are Ahold's significant subsidiaries, joint ventures and associates as of January 3, 2010.
Consolidated subsidiaries
Unless otherwise indicated, these are wholly or virtually wholly owned subsidiaries. Subsidiaries not important to providing an insight into
the Ahold Group as required under Dutch law are omitted from this list. With respect to the separate financial statements of the Dutch
legal entities included in the consolidation, the Company availed itself of the exemption laid down in section 403, subsection 1 of Book 2
of the Netherlands Civil Code. Pursuant to said section 403, Ahold has assumed joint and several liabilities for the debts arising out of the
legal acts of a number of subsidiaries in the Netherlands, which form part of the consolidation. The names of the subsidiaries for which
Ahold has issued 403 declarations are open for inspection at the trade register as managed by the Netherlands Chamber of Commerce.
Retail trade United States
The Stop Shop Supermarket Company LLC, Boston, Massachusetts
Giant Food Stores, LLC, Carlisle, Pennsylvania
Giant of Maryland LLC, Landover, Maryland
Peapod, LLC, Skokie, Illinois
Retail trade Europe
Albert Heijn B.V., Zaandam, the Netherlands
Albert Heijn Franchising B.V., Zaandam, the Netherlands
Gall Gall B.V., Beverwijk, the Netherlands
Etos B.V., Beverwijk, the Netherlands
AHOLD Czech Republic, a.s., Prague, Czech Republic
AHOLD Retail Slovakia, k.s., Bratislava, Slovak Republic
Ahold Coffee Company B.V., Zaandam, the Netherlands
Ahold Nederland B.V., Amsterdam, the Netherlands
Ahold Vastgoed B.V., Zaandam, the Netherlands
Ahold Americas Holdings, Inc., Boston, Massachusetts, United States
Ahold Central Holdings, LLC, Boston, Massachusetts, United States
Ahold Finance U.S.A., LLC, Amsterdam, the Netherlands
Ahold Financial Services, LLC, Carlisle, Pennsylvania, United States
Ahold Information Services, Inc., Greenville, South Carolina, United States
Ahold Lease U.S.A., Inc., Boston, Massachusetts, United States
Ahold U.S.A., Inc., Boston, Massachusetts, United States
American Sales Company, Inc., Lancaster, New York, United States
MAC Risk Management, Inc., Canton, Massachusetts, United States
The MollyAnna Company, Montpelier, Vermont, United States
Ahold Insurance N.V., Curaqao, Netherlands Antilles
Ahold Finance Company N.V., Curaqao, Netherlands Antilles
Ahold Annual Report 2009 113
