Unilever 2005 Annual Report Download - page 152

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Historical information
Unilever Group
Selected financial data under IFRSs
€ million € million
Consolidated income statement 2005 2004
Continuing operations:
Turnover 39 672 38 566
Operating profit 5 314 4 239
Profit before taxation 4 751 3 704
Net profit from continuing operations 3 502 2 894
Net profit from discontinued operations 473 47
Net profit 3 975 2 941
Combined earnings per share(a) 2005 2004
Total operations
Basic earnings per share
Euros per €0.51 of ordinary capital 3.88 2.83
Euro cents per 1.4p of ordinary capital 58.17 42.46
Diluted earnings per share
Euros per €0.51 of ordinary capital 3.76 2.72
Euro cents per 1.4p of ordinary capital 56.40 40.78
Continuing operations
Basic earnings per share
Euros per €0.51 of ordinary capital 3.39 2.78
Euro cents per 1.4p of ordinary capital 50.87 41.72
Diluted earnings per share
Euros per €0.51 of ordinary capital 3.29 2.67
Euro cents per 1.4p of ordinary capital 49.33 40.08
€ million € million
Consolidated balance sheet 2005 2004
Total assets 39 376 36 858
Total assets less total liabilities 8 765 7 629
Shareholders’ equity 8 361 7 264
€ million € million
Consolidated cash flow statement 2005 2004
Cash flow from operating activities 5 924 6 925
Income tax paid (1 571) (1 378)
Net cash flow from/(used in) investing activities 515 (120)
Net cash flow from/(used in) financing activities (4 821) (5 938)
Net increase/(decrease) in cash and cash equivalents 47 (511)
Ratios and other metrics 2005 2004
Ungeared Free Cash Flow (€ million)(b) 4 011 5 346
Net profit margin (%)(c) 9.5 7.1
Return on invested capital (%)(d) 12.5 10.7
Ratio of earnings to fixed charges (times)(e) 7.4 5.4
(a) For the basis of the calculations of combined earnings per share see note 8 on page 97.
(b) As defined on page 17.
(c) Net profit margin is expressed as net profit attributable to shareholders’ equity as a percentage of turnover from continuing operations.
(d) As defined on page 18.
(e) In the ratio of earnings to fixed charges, earnings consist of net profit excluding net profit or loss of joint ventures and associates increased
by fixed charges, income taxes and dividends received from joint ventures and associates. Fixed charges consist of interest payable on debt
and a portion of lease costs determined to be representative of interest. This ratio takes no account of interest receivable although
Unilever’s treasury operations involve both borrowing and depositing funds.
152 Unilever Annual Report and Accounts 2005