in millions in millions except per Change vs
except per share amounts)4' share amounts) Prior Year
2012
2012
2011(5)
2010
2012
2011(5)
RESULTS
Revenues
29 213
22 737
21 110
20 850
+7.7%
+1.2%
Operating profit
502
390
813
1 024
-52.0%
-20.6%
Net profit from continuing operations
161
125
477
576
-73.7%
-17.2%
Net profit (Group share)
135
105
475
574
-77.8%
-17.4%
Free cash flow111
992
772
-231
665
N/A
N/A
FINANCIAL POSITION
Total assets
15 335
11 936
12 292
10 902
-2.9%
+12.8%
Total equity
6 672
5 193
5 419
5 069
-4.2%
+6.9%
Net debt111
2 647
2 060
2 647
1 787
-22.1%
+48.1%
Enterprise value111131
6 609
5 144
7 069
7 400
-27.2%
-4.5%
PER SHARE INFORMATION (in
Group share in net profit (basic)(2)
1.35
1.05
4.71
5.73
-77.8%
-17.7%
Group share in net profit (diluted)
1.34
1.04
4.68
5.68
-77.7%
-17.6%
Free cash flow
9.84
7.66
-2.29
6.64
N/A
N/A
Net dividend
1.35
1.05
1.32
1.29
-20.4%
+2.3%
Shareholders' equity131
65.46
50.95
53.18
49.91
-4.2%
+6.6%
Share price (year-end)
38.87
30.25
43.41
55.27
-30.3%
-21.5%
RATIOS
Operating margin
1.7%
3.9%
4.9%
-213bps
-106bps
Net margin
0.5%
2.2%
2.8%
-178bps
-51bps
Net debt to equity111
39.7%
48.8%
35.3%
-9.1ppt
+13.6ppt
CURRENCY INFORMATION
Average per rate
0.7783
0.7184
0.7543
+8.3%
-4.8%
per rate at year-end
0.7579
0.7729
0.7484
-1.9%
+3.3%
OTHER INFORMATION
Number of sales outlets
3 451
3 408
2 800
+1.3%
+21.7%
Capital expenditures
688
762
660
-9.7%
+15.5%
Number of associates (thousands)
158
160
139
-1.2%
+15.3%
Full-time equivalents (thousands)
120
122
103
-1.5%
+18.0%
Weighted average number of shares (thousands)
100 777
100 684
100 271
+0.1%
+0.4%
(1) These are non-GAAP financial measures. (2) Calculated using the weighted average number of shares over the year. (3) Calculated using the total number of
shares at the end of the year. (4) Calculated using an exchange rate of €1 $1.2848. (5) 2011 was adjusted for the reclassification of the Albanian operations in
discontinued operations and of the finalization of the purchase price allocation of the Delta Maxi acquisition.
DELHAIZE GROUP ANNUAL REPORT '12 3
