H
fifillslE3
166
12 Derivatives (continued)
13 Related party transactions
Ahold at a glance
Notes to the parent company
financial statements
Our strategy
Our performance
Governan
Financials
Investors
Ahold Annual Report 2013
Non-current hedging derivatives - liabilities
Hedging
Other
derivatives
derivatives
2013
2012
million
external
intercompany
Total
Total
Beginning of year
175
280
455
328
Fair value changes
7
(2)
5
127
End of year
182
278
460
455
Fair value changes include exchange rate differences and installments paid on a cross-currency swap that was entered into on behalf of one of the parent company's subsidiaries.
Koninklijke Ahold N.V. has entered into arrangements with a number of its subsidiaries and affiliated companies in the course of its business. These arrangements relate to service transactions
and financing agreements and were conducted at market prices.
