H KÜ1I3E3 111 14 Investments in joint ventures and associates (continued) (43) - - - - - - - - - - - - - - - - Our strategy Our performance Governan Financials Investors Ahold Annual Report 2013 JMR JMR ICA Total million 2013 2012 20121 20121 Summarized statement of comprehensive income Net sales 3,432 3,295 11,125 14,420 Depreciation and amortization (100) (103) (172) (275) Interest income 1 1 9 10 Interest expense (23) (19) (62) Income tax expense (27) (11) (222) (233) Profit from continuing operations 18 10 125 135 Net income 18 10 125 135 Other comprehensive income (loss) 1 2 (13) (11) Total comprehensive income 19 12 112 124 Dividends received from joint venture (26) (16) (136) (152) 1 See Note 3 for an explanation of the restatements. Share in profit from continuing operations for Ahold's interests in all individually immaterial joint ventures was €1 million (2012: €3 million) and nil for individually immaterial associates (2012: nil). The information presented below represents a reconciliation of the summarized financial information presented above to the carrying amount of JMR and ICA. JMR ICA JMR ICA million 2013 2013 2012 20121 Opening net assets beginning of the year 375 1,312 395 1,374 Net income 18 (3) 10 125 Other comprehensive income (loss) 1 2 (13) Dividend (53) (32) (226) Investments classified from (to) held for sale or sold (1,352) Other changes in equity of joint ventures 2 Exchange rate differences 43 50 Closing net assets 341 375 1,312 Interest in joint venture 49% 49% 60% Goodwill 16 Carrying value1 167 184 803 1 See Note 3 for an explanation of the restatements.

Jaarverslagen | 2013 | | pagina 14