Unilever 2005 Annual Report Download - page 108

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Financial Statements
Unilever Annual Report and Accounts 2005 105
16 Trade and other receivables
€ million € million
Trade and other receivables 2005 2004
Due within one year
Trade receivables 3 345 3 161
Prepayments and accrued income(a) 833 328
Other receivables 652 642
4 830 4 131
Due after more than one year
Other receivables 231 279
Total trade and other receivables 5 061 4 410
(a) In 2005 includes fair values of derivatives as a consequence of the adoption of IAS 39.
Concentrations of credit risk with respect to trade receivables are limited, due to the Group’s customer base being large and diverse.
Management therefore believes there is no further credit risk provision required in excess of normal provision for doubtful receivables.
€ million € million
Provision for doubtful receivables – movements during the year 2005 2004
1 January 232 279
Charged to income statement 39 31
Reductions (33) (71)
Currency retranslation 20 (7)
31 December 258 232
17 Cash and cash equivalents and other financial assets
€ million € million
Cash and cash equivalents and other financial assets 2005 2004
Cash and cash equivalents
Listed
Cash equivalents 44 66
Unlisted
Cash at bank and in hand 867 1 004
Short-term deposits with maturity of less than three months 412 495
Other cash equivalents 206 25
1 485 1 524
1 529 1 590
Other financial assets
Listed 36 45
Unlisted 299 968
335 1 013
Total cash and cash equivalents and other financial assets 1 864 2 603
Other financial assets include government securities and A minus or higher rated money and capital market instruments.
An amount of €16 million (2004: €24 million) is included in cash and cash equivalents with repayment notice required. This relates to cash
collateral deposited as required by a forward purchase contract with a counterparty bank to buy 10 000 000 PLC shares at 559p per share in
November 2006. Further details are given in note 19 on page 112.
€ million € million
Cash and cash equivalents included in the cash flow statement 2005 2004
Cash and cash equivalents as per balance sheet 1 529 1 590
Cash and cash equivalents in businesses held for sale 1n/a
Bank overdrafts (265) (184)
1 265 1 406
Notes to the consolidated accounts
Unilever Group