Food Lion 2012 Annual Report Download - page 168

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166 // DELHAIZE GROUP FINANCIAL STATEMENTS ’12
Income Statement
(in millions of €)
2012
2011
Operating income
4 897
4 863
Sales
4 717
4 709
Other operating income
180
154
Operating expenses
(4 741)
(4 677)
Merchandise and consumables
(3 559)
(3 537)
Salaries, social security and pensions
(654)
(651)
Other operating expenses
(528)
(489)
Operating profit
156
186
Financial income
485
250
Financial charges
(232)
(220)
Current profit before taxation
409
216
Exceptional income
9
92
Exceptional expenses
(7)
(9)
Current year profit before taxation
411
299
Transfer (-) to/ release (+) from deferred taxes
—
—
Current taxation
(1)
—
Financial year results
410
299
Transfer (-) to/ release (+) from tax-exempt reserves
—
—
Financial year results to be appropriated
410
299
Appropriation of Profit
(in millions of €)
2012
2011
Profit of the year to be appropriated
410
299
Profit brought forward from previous year
866
746
Transfer from reserves
—
—
1 277
1 045
Appropriation:
Profit to carry forward
1 134
866
Dividends to shareholders(1)
143
179
_____________
(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
which coupon no. 51 entitling to the payment of the 2012 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 23, 2013. The Board of Directors will communicate at the Ordinary General Meeting of May 23,
2013 the aggregate number of shares entitled to the 2012 dividend and will submit to this meeting the final amount of the total dividend for approval. The annual
accounts of 2012 will be modified accordingly.