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98 Unilever Annual Report and Accounts 2005
Notes to the consolidated accounts
Unilever Group
9 Dividends on ordinary capital
€ million € million
Dividends paid on ordinary capital during the year 2005 2004
Final dividend 2003 paid in June 2004 –(1 116)
Interim dividend 2004 paid in November 2004 –(603)
Final dividend 2004 paid in June 2005 (1 229) –
Interim dividend 2005 paid in December 2005 (638) –
(1 867) (1 719)
Per €0.51 share of Per 1.4p share of
NV ordinary capital PLC ordinary capital
€€pence pence
Dividends per share 2005 2004 2005 2004
Interim 0.66 0.63 6.77 6.33
Final(a) 1.32 1.26 13.54 12.82
1.98 1.89 20.31 19.15
(a) The proposed final dividend on ordinary capital for the year 2005 has to be approved by shareholders at the Annual General Meetings.
In accordance with IFRS, no provision for the amount of this dividend, estimated at €1 267 million, has been recognised in the financial
statements for the year ended 31 December 2005. The final dividend shown in respect of 2004 was declared and paid during 2005.
Full details of dividends per share for the years 2001 to 2005 are given on page 187.
10 Goodwill and intangible assets
Indefinite-lived intangible assets principally comprise those trademarks for which there is no foreseeable limit to the period over which they are
expected to generate net cash inflows. These are considered to have an indefinite life, given the strength and durability of our brands and the
level of marketing support. Finite-lived intangible assets, which primarily comprise patented and non-patented technology, know-how, and
software, are capitalised and amortised in operating profit on a straight-line basis over the period of their expected useful lives, none of which
exceeds ten years. The level of amortisation for finite-lived intangible assets is not expected to change materially over the next five years.
€ million € million
At cost less amortisation and impairment 2005 2004
Goodwill 12 963 12 083
Indefinite-lived intangible assets 4 450 4 311
Finite-lived intangible assets 416 447
Software 226 166
18 055 17 007
€ million € million € million € million € million
Indefinite- Finite-
lived lived
intangible intangible
Movements during 2005 Goodwill assets assets Software Total
Cost
31 December 2004 13 020 4 311 597 193 18 121
Reclassification as held for sale (133) (60) – – (193)
1 January 2005 12 887 4 251 597 193 17 928
Acquisitions of group companies 13–––13
Disposals of group companies (49) (6) (16) (4) (75)
Additions – 2 4 86 92
Reversal of assets held for sale not included in final disposal 15 55 – – 70
Currency retranslation 1 214 411 46 16 1 687
31 December 2005 14 080 4 713 631 291 19 715
Amortisation and impairment
31 December 2004 (937) – (150) (27) (1 114)
Reclassification as held for sale –––––
1 January 2005 (937) – (150) (27) (1 114)
Disposals of group companies 42 1 3 2 48
Amortisation for the year(a) – – (62) (38) (100)
Impairment losses (131) (251) – – (382)
Currency retranslation (91) (13) (6) (2) (112)
31 December 2005 (1 117) (263) (215) (65) (1 660)
Net book value 31 December 2005 12 963 4 450 416 226 18 055
(a) Includes €(1) million relating to discontinued operations.