Unilever 2004 Annual Report Download - page 139

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136 Unilever Annual Report and Accounts 2004
Notes to the consolidated accounts
Unilever Group
27 Reconciliation of group operating profit to operating cash flows
€ million € million € million
2004 2003 2002
Group operating profit 3 411 5 483 5 007
Depreciation, amortisation and impairment 2 859 2 038 2 582
Changes in working capital:
Stocks 220 (107) (98)
Debtors 294 547 88
Creditors 30 (640) 382
Pensions and similar provisions less payments (457) (147) (109)
Restructuring and other provisions less payments 575 (208) (53)
Elimination of (profits)/losses on disposals (295) (357) (143)
Non-cash charge for share options 218 208 185
Other adjustments (2) (37) 42
Cash flow from group operating activities 6 853 6 780 7 883
Cash flow from exceptional items included in the group operating profit above comprises:
€ million € million € million
2004 2003 2002
Restructuring (358) (407) (406)
Business disposals 233 889 1 834
Other, including asset disposals 126 18 229
Total 1500 1 657
Of which related to items included in group operating profit in the current year 156 846 2 064
Of which related to items included in group operating profit in prior years (155) (346) (407)
Total 1500 1 657
The cash flows of pension funds (other than contributions and other direct payments made by the Group in respect of pensions and similar
obligations) are not included in the Group cash flow statement.