Notes to the
consolidated
financial statements
continued
13 Intangible assets continued
Overview
Business review
Governance
Financials
Investors
Ahold Delhaize Annual Report 2016
Delhaize America
The Netherlands
456
133
Ahold Delhaize Group
1,236
In connection with the merger of Ahold and Delhaize Group, Ahold Delhaize recognized €5,926 million of goodwill (see Note 4 for more details).
Goodwill recognized on acquisitions in 2015 relates mainly to the acquisition of A&P stores in the United States (allocated to Stop Shop New York
Metro) and C1000 stores in the Netherlands (allocated to Albert Heijn).
Belgium
Central and Southeastern Europe
CGUs to which goodwill has been allocated are tested for impairment annually or more frequently if there are indications that a particular CGU
might be impaired. During the purchase price allocation, the fair value of Delhaize’s CGUs was determined based on their respective business
enterprise values by discounting the projected cash flows of these CGUs. There were no significant changes to those projected cash flows after the
merger date.
1,035
1,828
954
440
363
293
332
16
124
264
9
24
201
8
1
Cash-generating unit
Stop Shop New England
Stop Shop New York Metro
Giant Carlisle
Giant Landover
Peapod
Food Lion
Hannaford
Albert Heijn (including the Netherlands, Belgium
and Germany)
bol.com (including the Netherlands and Belgium)
Etos
Gall Gall
Delhaize (including Belgium and Luxembourg)
Albert (Czech Republic)
Alfa Beta (Greece)
Mega Image (Romania)
Delhaize Serbia (Republic of Serbia)
478
5o7
569
357
25
1,082
1,914
1,409
201
8
1
404
171
133
125
11
7,395
404
37
133
127
11
5,957
million
Reportable segment
Ahold USA
Goodwill acquired in business combinations is allocated, at acquisition, to the cash-generating units (CGUs) or groups of CGUs expected to benefit
from that business combination. The carrying amounts of goodwill allocated to CGUs within Ahold Delhaize’s reportable segments are as follows:
Goodwill arising from January 1, January 3,
2016 business acquisitions 2017 2016
