5 Assets and liabilities held for sale and discontinued operations continued
BI-LO Bruno's
6 Segment reporting
Ahold
Annual Report 2011
Groupata glance
Performance
Governance
Notes to the consolidated financial statements continued
Investors
Discontinued operations
Loss from discontinued operations is specified as follows:
million
2011
2010
BI-LO Bruno's
(5)
23
Tops
(5)
(20)
U.S. Foodservice
(2)
(12)
Various1
(3)
(1)
Results on divestments2
(15)
(10)
Loss from discontinued operations, net of income taxes
(15)
(10)
1 Includes adjustments to the results on various other past divestments.
2 Results on divestments are net of income tax benefits of €7 million and income tax expense of €3 million in 2011 and 2010, respectively.
See Note 28 for the reconciliation between cash received and results on divestments of discontinued operations.
Two former subsidiaries of Ahold, BI-LO, LLC and Bruno's Supermarkets LLC (BI-LO and Bruno's) filed for protection under Chapter 11
of the U.S. Bankruptcy Code in 2009. Related to obligations under the lease guarantees, the Company recognized a provision, after tax, of
€62 million in 2009, including tax benefit offsets. In 2010, the reorganized BI-LO exited bankruptcy protection. In 2011 Ahold recognized an
increase of €5 million (2010: a reduction of €23 million) in its provision, after tax, within results on divestments.
Tops
Results from the divestments included additional costs under the lease obligations and pension liabilities retained upon the divestment.
U.S. Foodservice
U.S. Foodservice charges relate to expenses incurred under the warranties provided upon the divestment.
For more information on guarantees, representations, and warranties provided upon divestments, see Note 34.
Reportable segments
Ahold's retail operations are presented in three reportable segments. In addition, Other retail, consisting of Ahold's unconsolidated joint
ventures ICA and JMR, and Ahold's Corporate Center are presented separately. The accounting policies used for the segments are the
same as the accounting policies used for the consolidated financial statements as described in Note 3.
Reportable segment
Included in the Reportable segment
Ahold USA
The Netherlands
Other Europe
Stop Shop New England, Stop Shop New York Metro, Giant Landover,
Giant Carlisle, and Peapod
Albert Heijn, Etos, Gall Gall, and albert.nl
Albert (Czech Republic and Slovakia) and Hypernova (Slovakia)
Other Included in Other
Other retail Unconsolidated joint ventures ICA and JMR
Corporate Center Corporate Center staff (the Netherlands, Switzerland and the United States)
Net sales
million 2011 2010
Ahold USA
18,026
17,783
The Netherlands
10,506
10,087
Other Europe
1,739
1,660
Ahold Europe
12,245
11,747
Ahold Group
30,271
29,530
