Amendment No. 3 to Form S-1 Table of Contents NEW ALBERTSON'S BUSINESS OF SUPERVALU INC. AND SUBSIDIARIES Notes to Combined Financial Statements February 21, 2013 and February 23, 2012 (Dollars in millions) (8) Leases NAI leases certain retail stores, distribution centers, office facilities and equipment from third parties. Many of these leases include renewal options and, to a limited extent, options to purchase. Future minimum lease payments to be made by NAI for noncancelable operating and capital leases as of February 21, 2013, consist of the following: Fiscal year: Lease obligations Operating leases Capital leases 2013 $ 230 98 2014 225 98 2015 204 97 2016 181 95 2017 164 93 Thereafter 971 866 Total future minimum obligations $ 1,975 1,347 Less interest (549) Present value of net future minimum obligations 798 Less current obligations (37) Long-term obligations $ 761 Total future minimum obligations have not been reduced for future minimum subtenant rentals due under certain operating subleases. Rent expense and subtenant rentals under operating leases consisted of the following: 2012 2011 2010 Minimum rent $256 268 276 Contingent rent 3 4 5 259 272 281 Subtenant rentals (32) (37) (38) $227 235 243 The Business leases certain owned properties to unrelated outside parties. Rental income under those lease agreements was $22, $24, and $24. for the fiscal years 2012, 2011, and 2010, respectively. F-168 (Continued) hap. um sec.gm Makes edgar data' 1646972 000119312515335826'd900395ds la.html10 14'2015 9:03:02 AM1 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0081918 SDNY_GM_00228102 EFTA01382527