Unilever 2002 Annual Report Download - page 73

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Unilever Annual Report & Accounts and Form 20-F 2002
70 Consolidated statement of total
recognised gains and losses
For the year ended 31 December
Unilever Group
€million €million €million
2002 2001 2000
Net profit 2 129 1 838 1 105
Unrealised gain on partial disposal of a group company 25 56 ––
Currency retranslation (1 582) (1 065) (247)
Total recognised gains for the year 603 773 858
Adjustment related to prior year restatement 18 (202) ––
Total recognised gains since last annual accounts 401 773 858
Amounts reported against currency retranslation in 2000 and 2001 have been restated to comply with the requirements of FRS 19.
See note 18 on page 94.
Consolidated cash flow statement
For the year ended 31 December
Unilever Group
€million €million €million
2002 2001 2000
Cash flow from group operating activities 26 7 883 7 497 6 738
Dividends from joint ventures 83 82 38
Returns on investments and servicing of finance 27 (1 386) (1 887) (798)
Taxation (1 817) (2 205) (1 734)
Capital expenditure and financial investment 27 (1 706) (1 358) (1 061)
Acquisitions and disposals 27 1 755 3 477 (27 373)
Dividends paid on ordinary share capital (1 580) (1 420) (1 365)
Cash flow before management of liquid resources and financing 3 232 4 186 (25 555)
Management of liquid resources 27 (592) 1 106 2 464
Financing 27 (2 591) (5 098) 22 902
Increase/(decrease) in cash in the period 49 194 (189)
Reconciliation of cash flow to movement in net funds/(debt)
€million €million €million
2002 2001 2000
Net funds/(debt) at 1 January 28 (23 199) (26 468) 684
Increase/(decrease) in cash in the period 49 194 (189)
Cash flow from (increase)/decrease in borrowings 2 600 5 095 (22 920)
Cash flow from increase/(decrease) in liquid resources 592 (1 106) (2 464)
Change in net funds resulting from cash flows 3 241 4 183 (25 573)
Borrowings within group companies acquired (77) (1) (3 113)
Borrowings within group companies sold 20 32
Liquid resources within group companies acquired ––13
Liquid resources within group companies sold (1) ––
Non-cash movements 1 467 (408) 455
Currency retranslation 1 583 (508) 1 064
(Increase)/decrease in net debt in the period 6 233 3 269 (27 152)
Net funds/(debt) at 31 December 28 (16 966) (23 199) (26 468)