Unilever 2005 Annual Report Download - page 91

88 Unilever Annual Report and Accounts 2005
Notes to the consolidated accounts
Unilever Group
3 Segment information
Our primary reporting segments are geographic, comprising our three operating regions of Europe, The Americas and Asia Africa. The home
countries of the Unilever Group are the Netherlands and the United Kingdom. The United States is the only country for which third party
turnover is required to be separately reported, on the basis that it exceeds 10% of the Group total. This information is given on page 92.
The analysis of turnover by geographical area is stated on the basis of origin. Turnover on a destination basis would not be materially different.
Inter-segment sales between geographical areas and between product areas as on page 90 are not material. Total assets and capital expenditure
are based on the location of the assets. Segment results are presented on the basis of operating profit. Segment assets consist primarily of
property, plant and equipment, goodwill and other intangible assets, inventories and receivables. Corporate assets consist of financial assets,
cash and cash equivalents, other non-current investments and pension and deferred tax assets. Segment liabilities consist primarily of trade
payables and other liabilities. Corporate liabilities include borrowings, tax balances payable, restructuring and other provisions and pension and
deferred tax liabilities. Capital expenditure comprises additions to property, plant and equipment and other intangible assets, including additions
resulting from acquisitions. Other non-cash charges include charges to the income statement during the year in respect of share-based
compensation, restructuring and other provisions.
€ million € million € million € million
The Asia
Analysis by geographical segment Europe Americas Africa Total
2005
Turnover 16 211 13 179 10 282 39 672
Operating profit 2 304 1 719 1 291 5 314
Net finance costs (618)
Share of net profit/(loss) of joint ventures 11 36 – 47
Share of net profit/(loss) of associates (25) 1 (1) (25)
Other income from non-current investments 33
Profit before taxation 4 751
Taxation (1 249)
Net profit from continuing operations 3 502
Net profit from discontinued operations 473
Net profit 3 975
2004
Turnover 16 650 12 296 9 620 38 566
Operating profit 2 303 896 1 040 4 239
Net finance costs (630)
Share of net profit/(loss) of joint ventures 6 31 2 39
Share of net profit/(loss) of associates (2) 3 1 2
Other income from non-current investments 54
Profit before taxation 3 704
Taxation (810)
Net profit from continuing operations 2 894
Net profit from discontinued operations 47
Net profit 2 941
Assets
2005
Segment assets 15 237 13 626 5 106 33 969
Joint ventures/associates 26 37 21 84
Total assets by geographical segment 15 263 13 663 5 127 34 053
Corporate assets 5 323
Total assets 39 376
2004
Segment assets 15 569 11 465 4 353 31 387
Joint ventures/associates 17 21 16 54
Total assets by geographical segment 15 586 11 486 4 369 31 441
Corporate assets 5 417
Total assets 36 858