[§]QEi3
Q
78
Consolidated
statement of
cash flows
r
Ahold at a glance
Our strategy
Our performance
Governan
Financials
Investors
Ahold Annuc
rl Report 2013
million
Note
2013
2012
(restated)1
Operating income
1,239
1,336
Adjustments for:
Depreciation, amortization, write-downs and impairments
916
946
Gains on the sale of assets disposal groups held for sale
(28)
(21)
Share-based compensation expenses
43
40
Operating cash flows before changes in operating assets and liabilities
2,170
2,301
Changes in working capital:
Changes in inventories
(13)
(27)
Changes in receivables and other current assets
73
(11)
Changes in payables and other current liabilities
(21)
177
Changes in other non-current assets, other non-current liabilities and provisions
(42)
(194)
Cash generated from operations
2,167
2,246
Income taxes paid - net
(116)
(134)
Operating cash flows from continuing operations
2,051
2,112
Operating cash flows from discontinued operations
(16)
(2)
Net cash from operating activities
2,035
2,110
Purchase of non-current assets
(811)
(910)
Divestments of assets disposal groups held for sale
52
51
Acquisition of businesses, net of cash acquired
28
(9)
(701)
Divestment of businesses, net of cash divested
28
2,352
(43)
Changes in short-term deposits and similar instruments
(1,472)
155
Dividends received from joint ventures
14
27
21
Interest received
6
11
Other
(1)
(1)
Investing cash flows from continuing operations
Investing cash flows from discontinued operations
144
135
(1,417)
135
Net cash from investing activities
279
(1,282)
Interest paid
(216)
(234)
Repayments of loans
(21)
(459)
Repayments of finance lease liabilities
(73)
(74)
Dividends paid on common shares
(457)
(415)
Share buyback
(768)
(277)
Other cash flows from derivatives
(19)
110
Other
(75)
17
Financing cash flows from continuing operations
(1,629)
(1,332)
Financing cash flows from discontinued operations
(4)
(7)
Net cash from financing activities
(1,633)
(1,339)
Net cash from operating, investing and financing activities
28
681
(511)
1 See Note 3 for an explanation of the restatements.
The accompanying notes are an integral part of these consolidated financial statements.
