O www.ahold.com/reports2009
Contents
Governance 28
Group at a glance 2
Group highlights 3
Message from our CEO 5
Our strategy 7
Performance 11
Group performance 11
Performance by segment 19
Non-GAAP measures 27
How we manage risk 28
Our leadership 35
Corporate governance 37
Supervisory Board report 46
Remuneration 51
Declarations 54
Financials 55
Financial statements 55
Consolidated income statement 56
Consolidated statement of comprehensive income 57
Consolidated balance sheet 58
Consolidated statement of changes in equity 59
Consolidated statement of cash flows 60
Notes to the consolidated financial statements 61
Parent company financial statements 115
Notes to the parent company financial statements 116
Other information 121
Auditor's report 121
Ahold statutory profit-sharing statement 122
Subsequent events 122
Annual information update 123
Investors 124
Share capital 124
Share performance 125
Dividend 126
Five-year overview 127
Investor relations 128
Contact information 129
Cautionary notice 130
Ahold Annual Report 2009 1