€1.4bn 42% €2.3bn 370,000 associates 6,556 Group highlights C62.3bn .1 3.3 1. On July 23, 2016, the merger between Ahold and Delhaize Group was completed. Legally, the merger was implemented by Delhaize Group merging into Ahold, with the entity renamed Ahold Delhaize. Overview Business review Governance Financials Investors Ahold Delhaize Annual Report 2016 Pro forma net sales of Free cash flow of Own-brand sales from healthy products net consumer online sales 1 Free cash flow and capital expenditure including Delhaize Group for a full year. As a result, Delhaize Group’s financial results have been included in the Consolidated Financial Statements since the merger date, affecting comparability of the 2016 financial results to the 2015 results. This Annual Report also provides numbers and analysis on a pro forma basis, using data that is based on the assumption that the merger became effective on the first day of Ahold’s 2015 financial year. This provides a comparative basis, for illustrative purposes, to facilitate assessment of the current performance of the combined company. after €1.7bn capital expenditure1 Pro forma underlying operating margin Underlying operating margin 3.8% Pro forma operating income of Underlying operating income of €1.9bn Pro forma underlying EBITDA Underlying EBITDA Operating income of Pro forma underlying operating income of .3 stores worldwide Net sales of €49.7bn Dividend per common share €0.57 Pro forma underlying earnings from continuing operations per basic share at €1.17

Jaarverslagen | 2016 | | pagina 208