Unilever 2006 Annual Report Download - page 100

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Unilever Annual Report and Accounts 2006 97
Financial Statements (continued)
Notes to the consolidated accounts Unilever Group
16 Borrowings (continued)
Borrowings – additional details
The tables set out below and on page 95 take into account the various interest rate swaps and forward foreign currency contracts entered into
by the Group, details of which are set out in note 17 on pages 99 and 100.
Details of specific bonds and other loans are also given below:
€million € million €million € million
Amortised Fair Amortised Fair
cost value cost value
2006 2006(a) 2005 2005(a)
Unilever N.V.
5.125% Bonds 2006 (€) ––– 1 010
5.125% Notes 2006 (US $) ––431 –
4.250% Bonds 2007 (€) 505 500 513 507
5.000% Bonds 2007 (US $) 490 – – 556
3.375% Bonds 2015 (€) 747 – 747 –
Commercial paper (€) ––2180 –
Commercial paper (£) – – 491 –
Commercial paper (US $) – – 348 –
Commercial paper (Swiss francs) – – 53 –
Other 7 – 36 –
Total Unilever N.V. 1749 500 4799 2073
Other group companies
Netherlands
Commercial paper (€) 770 – ––
Commercial paper (£) 532 – ––
Commercial paper (US $) 236 – ––
Commercial paper (Swiss francs) 63 – ––
United States
6.150% Bonds 2006 (US $) ––253 –
7.125% Bonds 2010 (US $) 1321 – 1467 –
7.000% Bonds 2017 (US $) 110 – 120 –
7.250% Bonds 2026 (US $) 217 – 239 –
6.625% Bonds 2028 (US $) 166 – 185 –
5.900% Bonds 2032 (US $) 746 – 829 –
5.600% Bonds 2097 (US $) 69 – 77 –
Commercial paper (US $) 259 – – –
Other 8 – 12 –
Japan
Floating rate note 2006 (Japanese yen) – – 151 –
Thailand
3.300% Bonds 2007 (Thai baht) 139 – 134 –
South Africa
10.200% Bonds 2008 (South African rand) – 109 – 137
Commercial paper (South African rand) 27 – 120 –
Other countries 149 – 223 –
Total other group companies 4812 109 3810 137
Total bonds and other loans 6561 609 8609 2210
(a) As required by fair value hedge accounting, the fair value of the bonds and other loans is based on their amortised cost adjusted for the
market value of the related derivative.
Reclassifications
During 2006 Unilever discontinued fair value accounting for 5.000% Bonds 2007. On the date the hedge accounting discontinued, the fair
value became the new value at amortised cost.