Monitoring our
strategic progress
and performance.
W,
tD.47]
B
BB/Baa3
34
Group key financial indicators
Results
(Shareholders
I Ti-itr
Leverage and liquidity
Other information
Ahold at a glance Our strategy
Our performance
Governan
Financials
Investors
Ahold Annual Report 2013
2013
million
2012'
million
Change versus
prior year
change 1
constant rates 1
2013
20121
Change versus
prior year
Net sales
32,615
32,682
(0.2)%
2.0%
Net income per common share (basic)
2.48
0.88
181.8%
Underlying operating income
1,379
1,412
(2.3)%
(0.5)%
Adjusted income from continuing operations per share3
0.79
0.89
(11.2)%
Underlying operating margin
4.2%
4.3%
(0.1)% pt
Dividend payout ratio4
51%
50%
1% pt
Operating income
1,239
1,336
(7.3)%
(5.6)%
Dividend per common share
0.47
0.44
6.8%
Income from continuing operations
805
869
(7.4)%
(5.9)%
Total shareholders return
35.8%
13.8%
22.0% pt
Net income
2,537
915
177.3%
181.2%
Return on capital employed
13.8%
14.3%
(0.5)% pt
Ki
i Dividend per k
common share
Certain key performance indicators contain non-GAAP measures. The definition of these non-GAAP measures are described on page 46 of this Annual Report.
1 See Note 3 to the consolidated financial statements for an explanation of the restatements.
2 The debt leverage ratio of the net lease adjusted debt divided by EBITDAR is defined in the Non-GAAP measures section.
3 For more information on adjusted income from continuing operations, see the Financial review in this section.
4 Dividend payout ratio is based on adjusted income from continuing operations, see the Financial review section for more information.
5 Number of stores and number of employees include discontinued operations in Slovakia.
Liquidity billion)
Net debt million)
Debt leverage (times)2
Free cash flow million)
5.0
(942)
0.9
1,109
Change versus
20121 prior year
2.9
1,360
1.8
1,051
72.4%
(169.3)%
(50)%
5.5%
Credi
2013
20121
Change versus
prior year
Number of stores (including franchise stores)5
3,131
3,074
1.9%
Capital expenditures (excluding acquisitions)
830
929
(10.7)%
Number of employees5
222,000
225,000
(1.3)%
Credit rating (Standard Poor's Moody's)
BBB Baa3
BBB Baa3
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