Unilever 2005 Annual Report Download - page 94

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Financial Statements
Unilever Annual Report and Accounts 2005 91
3 Segment information (continued)
Additional segment information as required for US reporting
Segment information is provided on the following pages in accordance with FAS 131 on the basis of the geographical segments described
on page 88. Unilever has reviewed the extent of its business with major customers, and has concluded that it has no customers that would
require separate disclosure during the reporting periods covered by this filing.
For management reporting purposes, Unilever uses a number of measures of segment performance at constant average rates of exchange (that
is, the same rates as in the preceding year). The internal management measure of profit that is most consistent with operating profit reported in
the accounts is ‘Trading Result’. This differs from operating profit, mainly because Trading Result includes a number of statistical and other
adjustments including the application of an inflation charge on working capital which is added back to arrive at operating profit.
€ million € million € million € million
The Asia
Analysis by geographical segment Europe Americas Africa Total
2005
Turnover
At constant 2004 exchange rates 16 155 12 715 10 281 39 151
Exchange rate adjustments 56 464 1 521
At current 2005 exchange rates 16 211 13 179 10 282 39 672
Trading result
At constant 2004 exchange rates 2 348 1 942 1 234 5 524
Exchange rate adjustments 6 58 (3) 61
At current 2005 exchange rates 2 354 2 000 1 231 5 585
Other adjustments (271)
Operating profit 5 314
2004
Turnover
At constant 2003 exchange rates 16 632 13 380 10 122 40 134
Exchange rate adjustments 18 (1 084) (502) (1 568)
At current 2004 exchange rates 16 650 12 296 9 620 38 566
Trading result
At constant 2003 exchange rates 2 434 2 153 1 090 5 677
Exchange rate adjustments 7 (186) (57) (236)
At current 2004 exchange rates 2 441 1 967 1 033 5 441
Other adjustments (1 202)
Operating profit 4 239
Depreciation, amortisation and impairment
2005
At constant 2004 exchange rates 461 632 168 1 261
Exchange rate adjustments –8210
At current 2005 exchange rates 461 640 170 1 271
2004
At constant 2003 exchange rates 652 1 227 306 2 185
Exchange rate adjustments 1 (116) (14) (129)
At current 2004 exchange rates 653 1 111 292 2 056
Capital expenditure
2005
At constant 2004 exchange rates 446 291 298 1 035
Exchange rate adjustments 114 –15
At current 2005 exchange rates 447 305 298 1 050
2004
At constant 2003 exchange rates 496 322 324 1 142
Exchange rate adjustments 1 (25) (19) (43)
At current 2004 exchange rates 497 297 305 1 099
Notes to the consolidated accounts
Unilever Group