Ratio (%)
|
|
2008
|
2007
|
2006
|
2005
|
2004
|
2003
|
|
Operating margin
|
4.8%
|
4.9%
|
4.9%
|
4.9%
|
4.9%
|
4.4%
|
|
Net margin
|
2.5%
|
2.2%
|
1.8%
|
2.0%
|
1.7%
|
1.5%
|
|
Net debt to equity
|
57.3%
|
61.0%
|
74.0%
|
81.4%
|
90.6%
|
108.1%
|
Per Share Information (in EUR)
|
|
2008
|
2007
|
2006
|
2005
|
2004
|
2003
|
|
Net earnings (basic)(1)
|
4.70
|
4.20
|
3.71
|
3.89
|
3.19
|
3.14
|
|
Net earnings (diluted)(1)
|
4.59
|
4.04
|
3.55
|
3.71
|
3.09
|
3.02
|
|
Free cash flow (basic) (1)
|
1.51
|
3.35
|
2.27
|
1.59
|
4.03
|
4.79
|
|
Gross dividend
|
1.48
|
1.44
|
1.32
|
1.20
|
1.12
|
1.00
|
|
Net dividend
|
1.11
|
1.08
|
0.99
|
0.90
|
0.84
|
0.75
|
|
Shareholders’ equity (2)
|
41.19
|
|
36.55
|
37.65
|
30.34
|
29.93
|
|
Pay out ratio
|
31.9%
|
35.2%
|
36.4%
|
31.4%
|
35.5%
|
33.2%
|
|
Share price (year-end)
|
44.20
|
60.20
|
63.15
|
55.20
|
55.95
|
40.78
|
|
Weighted average number of shares (thousands)
|
99 385
|
97 666
|
94 939
|
93 934
|
92 663
|
92 097
|
Number of Stores
|
|
2008
|
2007
|
2006
|
2005
|
2004
|
2003
|
|
United States
|
1 594
|
1 570
|
1 549
|
1 537
|
1 523
|
1 515
|
|
Belgium
|
771
|
738
|
843
|
808
|
747
|
728
|
|
Greece
|
201
|
159
|
148
|
135
|
129
|
119
|
|
Czech Republic
|
-
|
-
|
97
|
94
|
97
|
94
|
|
Romania
|
40
|
22
|
18
|
16
|
16
|
15
|
|
Indonesia
|
63
|
56
|
50
|
46
|
42
|
38
|
|
Other
|
4
|
-
|
-
|
-
|
11
|
50
|
|
TOTAL
|
2 673
|
|
2 705
|
2 636
|
2 565
|
2 559
|
(1) Calculated using the average number of shares over the year
(2) Calculated using the total number of shares at the end of the year
Certain non-GAAP measures are provided throughout this web site. We do not represent these measures as alternative measures to net earnings. or other financial or liquidity measures determined in accordance with Belgian GAAP. These measures as reported by Delhaize Group might differ from similarly titled measures by other companies. We believe that these measures are important indicators of our business and are widely used by investors, analysts and other parties. A reconciliation of these measures to Belgian GAAP measures can be found in the Investors section of this web site.