Notes to the parent company financial statements
O www.ahold.oom/reports2009
1 Significant accounting policies
2 Employees
3 Auditor fees
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Financials
Basis of preparation
The parent company financial statements of Ahold have been prepared in accordance with Part 9, Book 2 of the Netherlands Civil Code.
In accordance with subsection 8 of section 362, Book 2 of the Netherlands Civil Code, the measurement principles applied in these
parent company financial statements are the same as those applied in the consolidated financial statements (see Note 3 to the
consolidated financial statements).
As the financial data of Koninklijke Ahold N.V. (the "Parent company") are included in the consolidated financial statements, the income
statement in the parent company financial statements is presented in condensed form (in accordance with section 402, Book 2 of the
Netherlands Civil Code).
Retrospective amendments
As further explained in Note 3 to the consolidated financial statements, Ahold's 49 percent stake in its joint venture JMR was reclassified
from assets held for sale to investments in joint ventures in the consolidated financial statements as of 2009. This change has been
applied retrospectively and, in the parent company financial statements, resulted in a cumulative increase in investments in joint ventures
and equity of €11 million and €10 million as of December 28, 2008 and December 30, 2007, respectively. In the income statement for
2008, this amendment has resulted in an increase in income from subsidiaries and investments in joint ventures after income taxes and
in net income in the amount of €3 million.
Investments in subsidiaries, joint ventures and associates
Investments in subsidiaries, joint ventures and associates are accounted for using the net equity value. Ahold calculates the net equity
value using the accounting policies as described in Note 3 to the consolidated financial statements. The net equity value of subsidiaries
comprises the cost, excluding goodwill, of Ahold's share in the net assets of the subsidiary, plus Ahold's share in income or losses since
acquisition, less dividends received. Goodwill paid upon acquisition of an investment in a joint venture or associate is included in the net
equity value of the investment and is not shown separately on the face of the balance sheet.
The average number of employees of Koninklijke Ahold N.V. in full-time equivalents during 2009 was 140 (2008: 140). Salaries, social
security charges and pension expenses amounted to €27 million, €1 million and €2 million, respectively, for 2009 (2008: €29 million,
€1 million and €2 million, respectively).
For information on the Parent company's defined benefit pension plan, the remuneration of the Corporate Executive Board and the
Supervisory Board and the Parent company's share-based compensation plans, see Notes 23, 31 and 32, respectively, to the consolidated
financial statements.
Expenses for services provided by the Parent company's independent auditor, Deloitte Accountants B.V., and its member firms and/or
affiliates to Ahold and its subsidiaries can be specified as follows:
Deloitte Member firms/ Total Deloitte Member firms/ Total
thousand Accountants B.V. affiliates 2009 Accountants B.V. affiliates 2008
Audit fees
2,216
2,489
4,705
2,573
2,564
5,137
Audit-related fees
84
23
107
52
52
Tax advisory fees
33
33
Other non-audit fees
Total
2,300
2,545
4,845
2,625
2,564
5,189
Ahold Annual Report 2009 116
