Food Lion 2008 Annual Report Download - page 3

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(USD
in millions
except
per share
amounts)
(4)
(EUR
in millions
except per
share amounts)
Change vs
Prior Year
2008 2008 2007 2006 2008 2007
Results
Revenues
27 980 19 024 18 943 19 215 0.4% -1.4%
Operating profit
1 330 904 937 947 -3.5% -1.0%
Net profit from continuing operations
713 485 401 426 21.2% -5.8%
Net profit (Group share)
687 467 410 352 13.9% 16.5%
Free cash flow (1)
221 150 326 215 -54.1% 51.9%
Financial position
Total assets
14 267 9 700 8 822 9 295 9.9% -5.1%
Total equity
6 170 4 195 3 676 3 561 14.1% 3.2%
Net debt(1)
3 533 2 402 2 244 2 635 7.1% -14.8%
Enterprise value(1)(3)
10 074 6 849 8 281 8 726 -17.3% -5.1%
Per share information
(in EUR)
Group share in net profit (basic) (2)
6.91 4.70 4.20 3.71 11.9% 13.2%
Group share in net profit (diluted) (2)
6.75 4.59 4.04 3.55 13.6% 13.8%
Free cash flow (1)
2.22 1.51 3.35 2.27 -54.9% 47.6%
Net dividend
1.63 1.11 1.08 0.99 2.8% 9.1%
Shareholders’ equity (3)
60.58 41.19 36.17 36.55 13.9% -1.0%
Share price (year-end)
62.90 44.20 60.20 63.15 -26.6% -4.7%
Ratios (%)
Operating margin
4.8% 4.9% 4.9% -19bps 2bps
Net margin
2.5% 2.2% 1.8% 29bps 33bps
Net debt to equity (1)
57.3% 61.0% 74.0% -3.8ppt -13.0ppt
Currency information
Average EUR per USD rate
0.6799 0.7297 0.7964 -6.8% -8.4%
EUR per USD rate at year-end
0.7185 0.6793 0.7593 5.8% -10.5%
Other information
Number of sales outlets
2 673 2 545 2 705 5.0% -5.9%
Capital expenditures
714 729 700 -2.1% 4.2%
Number of associates (thousands)
141 138 143 2.3% -3.3%
Full-time equivalents (thousands)
106 104 107 2.4% -2.7%
Weighted average number of shares
(thousands)
99 385 97 666 94 939 1.8% 2.9%
(1)
These are non-GAAP financial measures.
(2)
Calculated using the weighted average number of shares over the year.
(3)
Calculated using the total number of shares at the end of the year.
(4)
Calculated using an exchange rate of 1 EUR=1.4708 USD.
Key Performance Indicators
For more info, see also
www.delhaizegroup.com
EUR 19 billion
United States - 68.8%
United States - 79.7%
Rest of the World - 1.0%
Rest of the World - 0.3%
Greece - 7.0%
Greece - 5.1%
Belgium - 23.2%
Belgium - 18.3%
Revenues
EUR 904 million
Operating Profit
(1)
141 000 associates
United States - 77.2%
Rest of the World - 4.4%
Greece - 6.2%
Belgium - 12.2%
Number of Associates
(1)
Represents contribution to Delhaize Group operating profit.
Presentation does not include negative operating profit contribu-
tion of Corporate