Notes to the consolidated financial statements
82
5 Assets and liabilities held for sale and discontinued operations (continued)
6 Segment reporting
Reportable segments
Net sales
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2014
The 2013 operating results from discontinued operations included Ahold's proportionate share in ICA's operating results for the month of January 2013 of a €2 million loss, as well as a dividend of SEK 1.2 billion (€142 million)
received from ICA. The expected cash Rows from the receipt of the dividend were subject to a cash Row hedge and, consequently, Ahold recognized €139 million of dividend income (€142 million dividend receivable at the
date of recognition less the effect of the cash Row hedge of €3 million).
Ahold recorded a gain of €1,614 million as a result on divestment of ICA as presented below:
million
2013
Proceeds net of cost of disposal
2,368
Net assets divested
(828)
Results on divestment before recycling of currency exchange differences and other items
1,540
Currency exchange differences transferred from equity
82
Other items previously recognized in other comprehensive income
(9)
Results on divestments before income taxes
1,613
Income taxes 1
Result on divestment of ICA
1,614
Ahold's retail operations are presented in three reportable segments. In addition, Other retail, consisting of Ahold's unconsolidated joint venture JMR, and Ahold's Corporate Center are presented separately. The accounting
policies used for the segments are the same as the accounting policies used for the consolidated Rnancial statements as described in Note 3.
Reportable segment
Included in the Reportable segment
Ahold USA
Stop Shop New England, Stop
Shop New York Metro, Giant Landover, Giant Carlisle and Peapod
The Netherlands
Albert Heijn, Albert Heijn Belgium,
Albert Heijn Germany, Etos, Gall Gall, bol.com and Albert Heijn Online
Czech Republic
Albert
Other
Included in Other
Other retail
Unconsolidated joint venture JMR (49%)
Corporate Center
Corporate Center staff (the Netherlands, Switzerland and the United States)
million
2014
2013
Ahold USA
19,557
19,676
The Netherlands
11,696
11,494
Czech Republic
1,521
1,445
Ahold group
32,774
32,615