Food Lion 2005 Annual Report Download - page 91

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Appropriation of Profit
(in thousands of EUR)
2005 2004
Profit brought forward from previous year 49,110 63,132
Transfer to legal reserve (52) (52)
Profit to carry forw ard (15,909) (49,110)
Dividends to shareholders
(1)
(113,901) (105,462)
(1) As a result of the exercise of warrants issued under the Delhaize Group 2002 Stock Incentive Plan,
the Company might have to issue new ordinary shares, to w hich coupon no. 44 entitling to the
payment of te 2005 dividend is attached, between the date of adoption of the annual accounts by
the Board of Directors and the date of their approval by the Ordinary General Meeting of May 24,
2006. The Board of Directors will communicate at the Ordinary General Meeting of May 24, 2006 the
aggregate number of shares entitled to the 2005 dividend and will submit to this meeting the final
amount of the total dividend for approval. The annual accounts of 2005 will be modified accordingly.
Share Capital
(December 31, 2005)
(in thousands of EUR) Number of Shares
Share capital
Shares in issue
• At the end of the previous year 46,834
• Issue of new shares 518
• At the end of the financial year 47,352
Analysis of share capital
Class of shares
• Ordinary shares of no nominal value 94,705,062
Registered shares or bearer shares
• Registered 4,816,464
• Bearer 89,888,598
Treasury shares held by
• The company itself 447,200
• Its subsidiaries 148,386
Commitments to issue new shares
On the exercise of conversion rights
• Amount of outstanding convertible bonds 300,000
• Amount of capital to be subscribed 2,632
• Corresponding maximum number of shares to be issued 5,263,158
On the exercise of subscription rights
• Number of subscription rights in issue 4,978,804
• Amount of capital to be subscribed 2,489
• Corresponding maximum number of shares to be issued 4,978,804
Unissued authorized capital 39,263
Income Statement
(in thousands of EUR)
2005 2004
Operating income 3,857,481 3,905,636
Sales 3,801,976 3,857,544
Other operating income 55,505 48,092
Operating expenses (3,748,837) (3,758,834)
M erchandise and consumables 2,884,289 2,964,614
Salaries, social security and pensions 513,311 492,395
Other operating expenses 351,237 301,825
Operating profit 108,644 146,802
Income from financial fixed assets 60,383 43,426
Net financial expense (63,320) (58,590)
Current profit before taxation 105,707 131,638
Exceptional income 549 513
Exceptional expenses (5,270) (10,780)
Current year profit before taxation 100,986 121,371
Transfer (-) to/ release (+)
from deferred taxes (170) (108)
Current taxation (19,735) (29,562)
Financial year results 81,081 91,701
Transfer (-) to/ release (+)
from tax-exempt reserves (329) (209)
Financial year results to be appropriated 80,752 91,492
DELHAIZE GROUP / ANNUAL REPORT 200 5 89