5 Receivables
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6 Shareholders' equity
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Ahold
Annual Report 2011
Groupata glance
Performance
Governance
Notes to the parent company financial statements continued
Investors
million
January 1, January 2,
2012 2011
Loan receivable
58
Receivables from subsidiaries
28
22
Receivables from joint ventures
2
6
Hedging derivatives external
141
Hedging derivatives intercompany
1
Other derivatives intercompany
4
Prepaid expenses
24
4
Other receivables
3
1
Total receivables
198
96
In 2011, external hedging derivatives of €141 million were reclassified from financial assets to current assets (see Note 11 to these parent
company financial statements).
The shareholders' equity in the parent company financial statements equals the shareholders' equity presented in the consolidated
financial statements, except that legal reserve participations and accumulated deficit are presented separately.
The currency translation reserve, cash flow hedging reserve, and legal reserve participations are legal reserves that are required by Dutch
law. The legal reserve participations include the net increases in net asset value of joint ventures and associates since their first inclusion,
less any amounts that can be distributed without legal restrictions.
If the currency translation reserve or the cash flow hedging reserve has a negative balance, distributions to the Company's shareholders
are restricted to the extent of the negative balance. From the total equity as per January 1, 2012, of €5,877 million, an amount of
€732 million is non-distributable (January 2, 2011€754 million from €5,910 million).
The movements in equity can be specified as follows:
Legal
reserves
million
Share
capital
Additional
paid-in
capital
Currency
translation
reserve
Cash flow
hedging
reserve
Reserve
participations
Accumulated
deficit
including
result for
the year
Equity
attributable
to common
shareholders
Balance as of January 3, 2010
358
9,916
(632)
(48)
444
(4,598)
5,440
Dividends
(272)
(272)
Total comprehensive income
247
(15)
(1)
853
1,084
Share buyback
(386)
(386)
Share-based payments
44
44
Other changes in reserves
(47)
47
Balance as of January 2, 2011
358
9,916
(385)
(63)
396
(4,312)
5,910
Dividends
(328)
(328)
Total comprehensive income
123
(36)
1,014
1,101
Share buyback
(837)
(837)
Cancellation of treasury shares
(28)
(822)
850
Share-based payments
31
31
Other changes in reserves
(3)
6
6
(9)
Balance as of January 1, 2012
330
9,094
(265)
(93)
402
(3,591)
5,877
