H
74
rifilUE3
Consolidated
income
statement
1,239
Ahold at a glance
Our strategy
Our performance
Governan
Financials
Investors
1 See Note 3 for an explanation of the restatements.
The accompanying notes are an integral part of these consolidated financial statements.
Ahold Annual Report 2013
million, except per share data
Note
2013
2012
(restated)1
Net sales
7
32,615
32,682
Cost of sales
8
(23,933)
(24,064)
Gross profit
8,682
8,618
Selling expenses
(6,293)
(6,225)
General and administrative expenses
(1,150)
(1,057)
Total operating expenses
8
(7,443)
(7,282)
Operating income
1,336
Interest income
7
10
Interest expense
(225)
(234)
Interest income (expense) on defined benefit pension plans - net
23
(24)
17
Other financial expenses
(49)
(1)
Net financial expenses
9
(291)
(208)
Income before income taxes
948
1,128
Income taxes
10
(153)
(267)
Share in income of joint ventures
14
10
8
Income from continuing operations
805
869
Income from discontinued operations
5
1,732
46
Net income attributable to common shareholders
2,537
915
Earnings per share
29
Net income per share attributable to common shareholders
Basic
2.48
0.88
Diluted
2.39
0.85
Income from continuing operations per share attributable to common shareholders
Basic
0.79
0.84
Diluted
0.77
0.81
Weighted average number of common shares outstanding (in millions)
Basic
1,021
1,040
Diluted
1,072
1,100