Notes to the
consolidated
financial statements
2 Basis of preparation
1 The Company and its operations
Overview
Business review
Governance
Financials
Investors
Ahold Delhaize Annual Report 2016
Ahold Delhaize’s significant subsidiaries, joint ventures and associates are listed in Note 36.
Historical cost is used as the measurement basis unless otherwise indicated.
2016
2015
As of July 24, 2016, Ahold Delhaize is the new name of Koninklijke Ahold N.V. following the completion of the merger between Koninklijke Ahold N.V.
(“Ahold”) and Delhaize Group NV SA (“Delhaize”).
As a result of the legal structure of the merger, Delhaize merged into Ahold. Since Ahold is the surviving entity, the historical IFRS information prior
to the merger is that of Ahold.
These financial statements have been prepared in accordance with International Financial Reporting Standards (IFRSs) as adopted by the
European Union (EU) and also comply with the financial reporting requirements included in Part 9 of Book 2 of the Dutch Civil Code.
Ahold Delhaize’s financial year is a 52- or 53-week period ending on the Sunday nearest to December 31. Financial year 2016 consisted of 52 weeks
and ended on January 1, 2017. The comparative financial year 2015 consisted of 53 weeks and ended on January 3, 2016.
U.S. dollar
Average exchange rate
Year-end closing exchange rate
Czech crown
Average exchange rate
Year-end closing exchange rate
Romanian leu
Average exchange rate
Year-end closing exchange rate
Serbian dinar
Average exchange rate
Year-end closing exchange rate
The principal activity of Koninklijke Ahold Delhaize N.V. (“Ahold Delhaize” or the “Company” or “Group” or “Ahold Delhaize Group”), a public limited
liability company with its registered seat and head office in Zaandam, the Netherlands, is the operation of retail food stores primarily in the United
States and Europe. The Company is registered with the Dutch Trade Register under number 35000363.
These consolidated financial statements are presented in euros The following exchange rates of the euro against the U.S. dollar the Czech
crown (CZK), the Romanian leu (RON), and the Serbian dinar (RSD) have been used in the preparation of these financial statements:
0.2226
0.2204
0.0081
0.0081
0.9o38
0.95o6
0.037o
0.0370
0.0366
0.0369
0.9001
0.9208
N/A
N/A
N/A
N/A
