Other information
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Responsibilities of the management board and the supervisory board
The management board is responsible for:
Report on other legal and regulatory requirements
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2015
a the preparation and fair presentation of the financial statements in accordance with EU-IFRS and with Part 9 of Book 2 of the Dutch Civil Code, and for the preparation of the management report in accordance with Part 9
of Book 2 of the Dutch Civil Code, and for
a such internal control as the management board determines is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.
As part of the preparation of the financial statements, the management board is responsible for assessing the company's ability to continue as a going concern. Based on the financial reporting frameworks mentioned, the
management board should prepare the financial statements using the going concern basis of accounting unless the management board either intends to liquidate the company or to cease operations, or has no realistic
alternative but to do so. The management board should disclose events and circumstances that may cast significant doubt on the company's ability to continue as a going concern in the financial statements.
The supervisory board is responsible for overseeing the company's financial reporting process.
Our responsibilities for the audit of the financial statements
Our responsibility is to plan and perform an audit engagement to obtain sufficient and appropriate audit evidence to provide a basis for our opinion. Our audit opinion aims to provide reasonable assurance about whether
the financial statements are free from material misstatement. Reasonable assurance is a high but not absolute level of assurance which makes it possible that we may not detect all misstatements. Misstatements may arise due to
fraud or error. They are considered to be material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.
A more detailed description of our responsibilities is set out in the appendix to our report.
Our report on the management report and the other information
Pursuant to the legal requirements of Part 9 of Book 2 of the Dutch Civil Code (concerning our obligation to report about the management report and other information):
a We have no deficiencies to report as a result of our examination whether the management report, to the extent we can assess, has been prepared in accordance with Part 9 of Book 2 of this Code, and whether the
information as required by Part 9 of Book 2 of the Dutch Civil Code has been annexed.
a We report that the management report, to the extent we can assess, is consistent with the financial statements.
Our appointment
We were appointed as auditors of Koninklijke Ahold N.V. by the supervisory board following the passing of a resolution by the shareholders at the annual meeting held on April 17 2013, which has been renewed annually
by shareholders representing a total period of uninterrupted engagement appointment of 3 years.
Amsterdam, March 2, 2016
PricewaterhouseCoopers Accountants N.V.
PJ. van Mierlo RA
