Cautionary notice
Ahold
Annual Report 2011
Group at a glance^^^^^^^^H Performance Governance
This Annual Report contains forward-looking statements, which do not refer to historical facts but refer to expectations based on
management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results,
performance, or events to differ materially from those included in such statements.
Many of these risks and uncertainties relate to factors that are beyond Ahold's ability to control or estimate precisely, including but not
limited to, Ahold's ability to successfully implement and complete its plans and strategies and to meet its targets, the benefits from Ahold's
plans and strategies being less than anticipated, the effect of general economic or political conditions, the actions of competitors and other
third parties, increases or changes in competition, Ahold's ability to retain and attract employees who are integral to the success of the
business, acquisition and integration, large strategic projects, collective bargaining, information security, business and IT continuity, food
and non-food safety, corporate responsibility, social media, risks related to the euro, contingent liabilities associated with lease guarantees,
insurance programs, Ahold's liquidity needs (including but not limited to health care and pension funding requirements) exceeding
expected levels, foreign currency translation risk, credit risk, interest rate risk, tax liabilities and legislative and regulatory environment and
litigation risks, and other factors discussed in this Annual Report, in the paragraphs on How we manage risk, and in Ahold's other public
filings and disclosures. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of
the date of this Annual Report. Ahold does not assume any obligation to update any public information or forward-looking statement in this
Annual Report to reflect events or circumstances after the date of this Annual Report, except as may be required by applicable laws.
Outside the Netherlands, Ahold presents itself under the name of "Royal Ahold" or simply "Ahold." For the reader's convenience, "Ahold,"
"the Company," "Ahold Group", or "the Group" are also used throughout this Annual Report. The Company's registered name is
"Koninklijke Ahold N.V."
Financials
