Unilever 2001 Annual Report Download - page 97

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Unilever Annual Report & Accounts and Form 20-F 2001
ADDITIONAL INFORMATION FOR US INVESTORS
Unilever Group
>94
Unilever´s consolidated accounts are prepared in accordance with accounting principles which differ in some respects from those applicable
in the United States. The following is a summary of the effect on the Group’s net profit, combined earnings per share and capital and
reserves of the application of United States generally accepted accounting principles (US GAAP).
€ million €million €million
2001 2000 1999
Net profit as reported in the consolidated profit and loss account 1 838 1 105 2 771
Attributable to: NV 817 675 1 761
PLC 1 021 430 1 010
US GAAP adjustments:
Currency retranslation written back due to Elizabeth Arden disposal –115 –
Goodwill (124) 76 (213)
Identifiable intangibles (118) (128) (112)
Restructuring costs (18) 76 45
Interest (55) (68) (9)
Derivative financial instruments (119) ––
Pensions and similar liabilities –95 (13)
Taxation effect of above adjustments 108 (5) 21
Net increase/(decrease) (326) 161 (281)
Net income under US GAAP before cumulative effect of change
in accounting principle for derivative financial instruments 1 512 1 266 2 490
Cumulative effect of change in accounting principle for derivative financial
instruments, net of tax benefit of 3 million. (6) ––
Net income under US GAAP 1 506 1 266 2 490
Attributable to: NV 540 832 1 576
PLC 966 434 914
Combined net income per share under US GAAP before cumulative
effect of change in accounting principle
Euros per 0.51 of ordinary capital 1.49 1.24 2.36
Euro cents per 1.4p of ordinary capital 22.30 18.53 35.45
Combined diluted net income per share under US GAAP before
cumulative effect of change in accounting principle
Euros per 0.51 of ordinary capital 1.45 1.20 2.30
Euro cents per 1.4p of ordinary capital 21.70 18.07 34.57
Cumulative effect of change in accounting principle –
combined net income per share
Euros per 0.51 of ordinary capital 0.01 ––
Euro cents per 1.4p of ordinary capital 0.09 ––
Cumulative effect of change in accounting principle –
diluted combined net income per share
Euros per 0.51 of ordinary capital 0.01 ––
Euro cents per 1.4p of ordinary capital 0.09 ––