Consolidated income statement
71
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2015
million, except per share date
Note
2015
2014
Net sales
7
38,203
32,774
Cost of sales
8
(27,835)
(24,088)
Gross profit
10,368
8,686
Selling expenses (7,722) (6,424)
General and administrative expenses
(1,328)
(1,012)
Total operating expenses
8
(9,050)
(7,436)
Operating income
1,318
1,250
Interest income
5
6
Interest expense
(235)
(212)
Net interest expense on defined benefit pension plans
23
(14)
(16)
Other financial expenses
(21)
(13)
Net financial expenses
9
(265)
(235)
Income before income taxes
1,053
1,015
Income taxes
10
(224)
(248)
Share in income of joint ventures
14
20
24
Income from continuing operations
849
791
Income (loss) from discontinued operations
5
2
(197)
Net income 851 594
Attributable to:
Common shareholders
852
594
Non-controlling interests
(1)
Net income 851 594
Earnings per share 29
Net income per share attributable to common shareholders
Basic
1.04
0.68
Diluted
1.02
0.67
Income from continuing operations per share attributable to common shareholders
Basic
1.04
0.90
Diluted
1.02
0.88
The accompanying notes are an integral part of these consolidated financial statements.
