BsimEiHHta
Group financial review (continued)
Capital investments and property overview
-%
-%
billion
09 1 0.8
-
Ahold at a glance I Business review I Governance I Financials I Investors
Capital expenditure (including acquisitions), which includes new finance leases, amounted to €1,172 million
in 2015 and €1,006 million in 2014.
million
2015
2014
Change versus
prior year
of sales
Ahold USA
427
382
45
1.8%
The Netherlands
345
304
41
2.7%
Czech Republic
37
33
4
2.1%
Corporate Center
2
21
(19)
Total regular capital expenditures*
811
740
71
2.1%
Acquisition capital expenditures**
361
266
95
Total Ahold
1,172
1,006
166
3.1%
Including new finance leases.
Including conversion expenditure of acquired stores and acquired finance leases.
Capital investments were primarily related to the
construction, remodeling and expansion of stores and
supply chain (including online) and IT infrastructure
improvements. In 2015, capital expenditure included
the acquisition of 25 stores from A&P in the United
States. Capital expenditure in 2014 included
the acquisition of SPAR in the Czech Republic.
Excluding acquisitions, capital expenditure in 2015
was €0.8 billion (€0.9 billion including the capital
required for the conversion of the acquired A&P
stores in the United States).
Capital expenditures
1.9
0.9
0.8
1.0
1.2
00 o-?
'A
CN
2.8% 2.5%
q 0.8
2011 2012 2013 2014 2015
A Acquisition capex
A Regular capex Regular capex as of sales
Ahold
Annual Report 2015
As of January 3, 2016, Ahold operated 3,253 stores. Total sales area amounted to 5.0 million square meters
in 2015, an increase of 2.2% from the prior year (increase of 0.5% excluding the acquired A&P stores).
The total number of stores (including stores operated by franchisees) is as follows:
Opening
Balance
Opened
acquired
Closed
sole
Closing
Balance
Ahold USA
768
29
(9)
788
The Netherlands1
2,105
69
(40)
2,134
Czech Republic
333
4
(6)
331
Total number of stores
3,206
102
(55)
3,253
1 The number of stores as of January 3, 2016, includes 1,139 specialty stores (Etos and Gall Gall).
The increase in number of stores includes the acquisition of 25 A&P stores.
The total number of retail locations, including the 2,714 stores owned or leased by Ahold and 19 pick-up
points in stand-alone locations, was 2,733 in 2015, higher by 36 compared to 2014.
Ahold
Franchisees
Total
Number of stores leased or owned
2,714
539
3,253
Number of stores subleased to franchisees
(348)
348
Number of stores operated
2,366
887
3,253
Number of stand-alone pick-up points
19
19
Total number of retail locations
2,385
887
3,272
Franchisees operated 887 Albert Heijn, Etos and Gall Gall stores, 539 of which were either owned
by the franchisees or leased independently from Ahold.
At the end of 2015, Ahold operated 263 pick-up points, 20 more than in 2014. These were either
stand-alone, in-store or office-based.
Ahold also operated the following other properties as of January 3, 2016:
Warehouse distribution centers production facilities offices 80
Properties under construction development
10
Investment properties
636
Total
726
The investment properties consist of buildings and land. Virtually all these properties were subleased to third
parties. The majority were shopping centers containing one or more Ahold stores and third-party retail units
generating rental income.
