Other operating expenses
Other operating income
Outstanding shares
Pay-out ratio (net earnings)
Return on equity
Revenues
Selling, general and
administrative expenses
SKU
Total debt
Treasury shares
Underlying EBITDA
Underlying Group share in net
profit from continued operations
Underlying operating profit
Weighted average number
of shares outstanding
Withholding tax
Delhaize Group Annual Report 2014 169
Primarily store closing expenses, impairment
losses, reorganization expenses, and losses
on the sale of fixed assets.
Primarily rental income on investment prop
erty, gains on sale of fixed assets, recycling
income and services rendered to wholesale
customers.
The number of shares issued by the Company,
excluding treasury shares.
Proposed dividends on current year earnings
divided by current year Group share in net
profit.
Group share in net result divided by average
shareholders' equity.
Revenues include the sale of goods and
point of sale services to customers, including
wholesale and affiliated customers, relating to
the normal activity of the Company (the sale of
groceries and pet products), net of discounts,
allowances and rebates granted to those
customers.
Selling, general and administrative expenses
include store operating expenses, costs
incurred for activities which serve secur
ing sales, administrative and advertising
expenses.
Stock Keeping Unit.
Long-term financial liabilities, including current
portion and obligations under finance leases,
plus short-term financial liabilities net of deriv
ative instruments related to financial liabilities.
Shares repurchased by one of the Group's
legal entities and that are not cancelled as of
year-end date. Treasury shares are excluded
from the number of shares outstanding and
excluded from the calculation of the weighted
average number of shares for the purpose of
calculating earnings per share.
Underlying operating profit plus depreciation
and amortization less any depreciation or
amortization that has been excluded from
underlying operating profit.
Net profit from continuing operations minus
non-controlling interests (from continuing
operations) and excluding (i) the elements
excluded from operating profit to determine
underlying operating profit (see separate
definition), (ii) material non-recurring finance
costs (e.g. debt refinancing costs) and income
tax expense (e.g. tax settlements), and (iii) the
potential effect of all these items on income tax
and non-controlling interests.
Operating profit (as reported) excluding fixed
assets impairment charges, restructuring
charges, store closing expenses, gains/losses
on disposal of fixed assets and other items
that management considers as not being
representative of the Group's operating perfor
mance of the period.
Number of shares outstanding at the
beginning of the period less treasury shares,
adjusted by the number of shares cancelled,
repurchased or issued during the period multi
plied by a time-weighting factor.
Withholding by a corporation or financial
institution of a certain percentage of dividend
payments due to tax legislation.
Number of stores
Location
Surface
Number of products
