Group financial review continued
Overview
Business review Governance
Financials
Investors
Ahold Delhaize Annual Report 2016
1,892
320
Cash flows
Ahold Delhaize consolidated cash flows for 2016 and 2015 are as follows:
Free cash flow, at €1,441 million, increased by
€257 million compared to 2015. Operating cash
flows from continuing operations were
higher by €759 million. At constant exchange
rates, operating cash flows from continuing
operations were higher by €763 million, or
35.7%. The purchase of non-current assets was
higher by €498 million, or €495 million higher
at constant exchange rates.
In 2016, the main uses of free cash
flow included:
€1,001 million returns to shareholders
through capital repayment and reverse
stock split, prior to completion of the merger
between Ahold and Delhaize Group
Common stock dividend at €0.52 per share
resulting in a cash outflow of €429 million
Buyback of the JPY33 billion notes and the
unwind of the corresponding derivative
(€543 million)
Free cash flow
million
1,441
1,051 IJO9 1,055 M
11111
2012 2013 2014 2015 2016
222
2,114
(161)
(150)
(247)
73
million
Operating cash flows from continuing operations
Purchase of non-current assets
Divestment of assets disposal groups held for sale
Dividends from joint ventures
Interest received
Interest paid
Free cash flow
Repayments of loans
Repayments of finance lease liabilities
Changes in short-term loans
Dividends paid on common shares
Capital repayment
Share buyback
Acquisition divestments of businesses, net of cash
Acquired available-for-sale financial assets and restricted cash
Other cash flows from derivatives
Other
Change in cash, cash equivalents, and short-term deposits and
similar instruments, and the current portion of available-for-sale
financial assets (before impact of exchange rates)
Changes in short-term deposits and similar instruments, the current
portion of available-for-sale financial assets and changes in
restricted cash
Net cash from operating, investing and financing activities
2015
2,139
(804)
51
21
4
(227)
1,184
(31)
(104)
5
(396)
(22)
(5)
2016
2,898
(1,302)
104
19
15
(293)
1,441
(347)
(141)
2o9
(429)
(1,001)
2,201
202
(260)
17
65
