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Unilever Annual Report & Accounts and Form 20-F 2000 Financial Statements
58
Notes to the consolidated accounts
Unilever Group
Unilever Annual Report & Accounts and Form 20-F 2000
7 Taxation on profit on ordinary activities continued
Analyses of European and non-European profit on ordinary activities
before taxation, and of the actual taxation charge thereon, are as
follows:
million
2000 1999 1998
Profit on ordinary activities
before taxation
Europe:
Parent and group companies 1 871 2 347 2 653
Joint ventures 14 12 5
1 885 2 359 2 658
Outside Europe:
Group companies 796 1 957 1 920
Joint ventures 42 25 25
838 1 982 1 945
Total 2 723 4 341 4 603
Taxation on profit on
ordinary activities
Europe:
Parent and group companies
Taxes payable (970) (760) (1 090)
Deferred taxation 295 128 108
of w hich:
Accelerated depreciation 110 95 119
Other 185 33 (11)
Joint ventures (5) (4) (2)
(680) (636) (984)
Outside Europe:
Group companies
Taxes payable (694) (772) (446)
Deferred taxation (23) 40 (84)
of w hich:
Accelerated depreciation 9(10) (39)
Other (32) 50 (45)
Joint ventures (6) (1) (1)
(723) (733) (531)
Total (1 403) (1 369) (1 515)
8 Dividends on ordinary capital
Dividends on ordinary capital
Interim (475) (389) (377)
Normal final (939) (856) (860)
Special final (a) (7 430)
Total (1 414) (1 245) (8 667)
(a) Assuming all shareholders had elected to take the cash dividend.
Further details are set out in note 20 on page 63 and note 21
on page 64.
9 Goodwill and intangible assets (a)
million
2000 1999
At cost less amortisation
Goodwill 25 256 550
Intangible assets 1 211 93
26 467 643
Movements during 2000 Intangible
Goodw ill assets
Cost
1 January 575 100
Acquisitions (b)/disposals 26 019 1 166
Currency retranslation (932) (11)
31 December 25 662 1 255
Amortisation
1 January 25 7
Charged to profit and loss account 397 38
Currency retranslation (16) (1)
31 December 406 44
Net book value 31 December 25 256 1 211
(a) Arising on businesses purchased after 1 January 1998.
(b) Balances currently provisional. See note 26 on page 70.
Intangible assets principally consist of trademarks.
10 Tangible fixed assets
2000 1999
At cost less depreciation:
Land and buildings (a) 3 212 2 730
Plant and machinery 6 627 6 090
9 839 8 820
(a) includes: freehold land 380 328
leasehold land
(mainly long-term leases) 70 93
Approximate current replacement cost
of tangible fixed assets net of
accumulated current cost depreciation 10 982 10 237
On a current replacement cost basis the
depreciation charge to the profit and
loss account w ould have been
increased by (264) (258)
Commitments for capital expenditure
at 31 December 392 248