Group financial review continued
7.9%
8.9%
54%
46%
20.9%
37.4%
24.9%
37.7%
25.8%
22.0%
9.5%
5.0%
2Ü7
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Ahold Delhaize Annual Report 2016
Pro forma net sales contribution by segment
6.6%
6.3%
1.17
1.11
5.4%
5.4%
I Before Global Support Office costs.
Group performance on a pro forma basis
The following is a summary of Ahold Delhaize’s 2016 and 2015 consolidated income statements
on a pro forma basis. The pro forma information in this financial review presents a picture of what
the financial results would have been if the merger of Ahold with Delhaize had occurred on the
first day of Ahold’s 2015 financial year, using the fair values established as of July 23, 2016 (the
merger date), as the basis for the purchase price allocation effects. The information is not intended
to revise past performance, but instead to provide a comparative basis for the assessment of
current performance.
Pro forma online net sales contribution
by category
Food
General merchandise
1 For the former Ahold segments, including the operating segment within Central and Southeastern Europe, the number of
weeks included for 2016 is 52 weeks (2015: 53 weeks).
Week 53
Our financial year consists of 52 or 53 weeks and ends on the Sunday nearest to December 31.
Financial year 2016 consisted of 52 weeks, while 2015 consisted of 53 weeks for the former Ahold
businesses. Net sales in 2015 were positively impacted by the additional week, while the impact
on operating margins for the Group was negligible. In some of the discussions below, we have
included comparisons of 2016 with 2015 excluding week 53 (referred to as “adjusted for week 53
in 2015”).
Ahold USA Delhaize America
The Netherlands Belgium
Central and Southeastern Europe
Ahold USA Delhaize America
The Netherlands Belgium
Central and Southeastern Europe
(10.5)%
5.2%
million, except per share data
Net sales
Operating income
Income from continuing operations
Basic income from continuing
operations per share
Underlying EBITDA
Underlying EBITDA margin
Underlying operating income
Underlying operating margin
Underlying income from continuing
operations per share
(10.5)%
4.9%
Pro forma 20I51
60,881
1,899
1,202
0.95
3,862
6.3%
2,155
3.5%
change
24Ï
3.9%
(10.3)%
change
constant
3.6%
(10.6)%
Pro forma 20161
62,331
1,974
1,078
0.85
4,063
6.5%
2,298
3.7%
Pro forma underlying operating income
contribution by segment 1
