Notes to the consolidated financial statements
90
6 Segment reporting (continued)
Additional segment information
Segment information joint ventures - Other retail (JMR)
7 Net sales
8 Expenses by nature
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2015
Segment results do not include significant non-cash items other than depreciation, amortization, and impairment losses and reversals.
The information with respect to JMR is presented in Note 14.
million
2015
2014
Sales to retail customers
33,693
28,882
Sales to franchisees and franchise fees
2,751
2,529
Online sales
1,646
1,267
Other sales
113
96
Net sales
38,203
32,774
Net sales can be further analyzed as follows:
Percentage of net sales
2015
2014
Food: perishable
46%
46%
Food: non-perishable
34%
34%
Non-food
12%
12%
Gasoline
3%
4%
Pharmacy
5%
4%
Net sales 100% 100%
The aggregate of cost of sales and operating expenses is specified by nature as follows:
million
2015
2014
Cost of product
26,597
23,009
Labor costs
5,704
4,637
Other operational expenses
2,938
2,473
Depreciation and amortization
1,004
879
Rent expenses and income - net
621
515
Impairment losses and reversals - net
39
31
Gains on the sale of assets - net
(18)
(20)
Total expenses by nature
36,885
31,524
