31 Related party transactions (continued)
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Ahold Annual Report 2012 130
Ahold at a glance
Our strategy
Our performance
Governance
Financials
Investors
Notes to the consolidated
financial statements
Trading transactions
Ahold has entered into arrangements with a number of its subsidiaries and affiliated companies in the course of its business. These arrangements relate to service transactions and financing
agreements. Transactions were conducted at market prices.
During 2012 and 2011, the Company entered into the following transactions with unconsolidated related parties:
For the year ended December 30, 2012
million
Sales to
related parties
Purchases from
related parties
Amounts owed by
related parties
Amounts owed to
related parties
Commitments to
related parties
ICA
32
1
12
8
Stationsdrogisterijen
15
5
JMR
6
2
1
Accounting Plaza B.V.
8
Other
1
2
15
2
31
Total
54
11
29
16
31
For the year ended January 1, 2012
million
Sales to
related parties
Purchases from
related parties
Amounts owed by
related parties
Amounts owed to
related parties
Commitments to
related parties
ICA
35
1
11
10
Stationsdrogisterijen
15
5
JMR
6
1
2
Accounting Plaza B.V.
1
30
1
Other
1
2
10
39
Total
58
33
22
18
39
These unconsolidated related parties consist of:
ICA, a joint venture of Ahold in the retail business
Stationsdrogisterijen C.V., a joint venture of Ahold in the health and beauty care retail business
JMR, a joint venture of Ahold in the retail business
Ahold divested its interest in Accounting Plaza B.V. in 2012
"Other," which includes mainly real estate joint ventures in which Ahold has an interest, holding properties operated by Ahold and Loyalty Management Nederland B.V., an associate
of Ahold that renders services relating to the management of customer loyalty programs to certain Ahold subsidiaries in the Netherlands
Furthermore, the Company's post-employment benefit plans in the Netherlands and the United States are considered related parties. For more information on these plans, see Note 23.
