Unilever 2001 Annual Report Download - page 68

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Unilever Annual Report & Accounts and Form 20-F 2001
NOTES TO THE CONSOLIDATED ACCOUNTS
Unilever Group
>65
Financial Statements
8 Dividends on ordinary capital
million million million
2001 2000 1999
Dividends on ordinary capital
Interim (491) (475) (389)
Final (1 039) (939) (856)
Total (1 530) (1 414) (1 245)

2001 2000 1999
Dividends per 0.51 share of
NV ordinary capital
Interim 0.50 0.48 0.40
Final 1.06 0.95 0.87
Total 1.56 1.43 1.27
Pence Pence Pence
2001 2000 1999
Dividends per 1.4p share of
PLC ordinary capital
Interim 4.65 4.40 3.93
Final 9.89 8.67 8.57
Total 14.54 13.07 12.50
In 1999 and prior years, NV dividends were declared and paid
in guilders. For comparative purposes, guilder values have been
converted into euros in this table using the official rate of
1.00 = Fl. 2.20371. Full details of dividends for the years 1997
to 2001 are given on page 116.
9 Goodwill and intangible assets (a)
million million
2001 2000
At cost less amortisation
Goodwill 18 848 25 256
Intangible assets 6 249 1 211
25 097 26 467
million million
Movements during 2001 Intangible
Goodwill assets
Cost
1 January 25 662 1 255
Bestfoods adjustment (see note 24)(5 538) 5 440
Acquisitions/disposals 124 (31)
Currency retranslation (22) 38
31 December 20 226 6 702
Amortisation
1 January 406 44
Bestfoods adjustment (see note 24)(68) 68
Disposals (1) –
Charged to profit and loss account (b) 1 048 339
Currency retranslation (7) 2
31 December 1 378 453
Net book value 31 December 18 848 6 249
(a) Arising on businesses purchased after 1 January 1998.
(b) Including exceptional write down arising on
disposal/restructuring of 8 million.
Intangible assets principally consist of trademarks.
10 Tangible fixed assets
million million
2001 2000
At cost less depreciation:
Land and buildings (a) 3 106 3 212
Plant and machinery 6 134 6 627
Total 9 240 9 839
(a) includes: freehold land 383 380
leasehold land
(mainly long-term leases) 84 70
Approximate current replacement cost
of tangible fixed assets net of
accumulated current cost depreciation 10 529 10 982
On a current replacement cost basis the
depreciation charge to the profit and
loss account would have been
increased by (248) (264)
Commitments for capital expenditure
at 31 December 298 392
million million
Movements during 2001 Land and Plant and
buildings machinery
Gross
1 January 4 829 14 340
Currency retranslation 11 (107)
Capital expenditure 156 1 357
Disposals (396) (1 346)
Bestfoods adjustment (see note 24)114 (221)
Acquisitions/disposals of group companies (71) (499)
Other adjustments (73) 73
31 December 4 570 13 597
Depreciation
1 January 1 617 7 713
Currency retranslation 2 (54)
Disposals (217) (1 018)
Bestfoods adjustment (see note 24)1 (285)
Acquisitions/disposals of group companies (30) (260)
Charged to profit and loss account (b) 136 1 322
Other adjustments (45) 45
31 December 1 464 7 463
Net book value 31 December 3 106 6 134
Includes payments on account and
assets in course of construction 75 721
(b) Including a charge of 263 million in respect of certain fixed
assets written down to net realisable value in connection with
restructuring projects, all of which was exceptional.