Unilever 2006 Annual Report Download - page 82

Unilever Annual Report and Accounts 2006 79
Financial Statements (continued)
Notes to the consolidated accounts Unilever Group
2Segment 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. Turnover for these two countries combined in 2006 was
€3 710 million (2005: €3 679 million; 2004: €3 831 million). The combined operating profit in 2006 was €555 million (2005: €648 million;
2004: €667 million). Turnover for the United States for 2006 was €7 627 million (2005: €7 550 million; 2004: €7 361 million). No other
countries had turnover of more than 10% of the group total.
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 81 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 current and deferred tax assets. Segment liabilities consist primarily
of trade payables and other liabilities. Corporate liabilities include borrowings, tax balances payable, provisions and pension and deferred tax
liabilities. Capital expenditure comprises additions to property, plant and equipment and 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
2006
Turnover 15 000 13 779 10 863 39 642
Operating profit 1903 2178 1 327 5 408
Net finance costs (721)
Shareof net profit/(loss) of joint ventures 17 60 1 78
Shareof net profit/(loss) of associates 36 ––36
Other income from non-current investments 30
Profitbeforetaxation 4831
Taxation (1 146)
Net profit from continuing operations 3685
Net profit from discontinued operations 1330
Net profit 5015
2005
Turnover 14 940 13 179 10 282 38 401
Operating profit 2064 1 719 1 291 5 074
Net finance costs (613)
Shareof net profit/(loss) of joint ventures 11 36 – 47
Shareof net profit/(loss) of associates (25) 1 (1) (25)
Other income from non-current investments 33
Profit before taxation 4516
Taxation (1 181)
Net profit from continuing operations 3335
Net profit from discontinued operations 640
Net profit 3975
2004
Turnover 15 252 12 296 9 620 37 168
Operating profit 2045 896 1 040 3 981
Net finance costs (623)
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 3453
Taxation (725)
Net profitfrom continuing operations 2728
Net profitfrom discontinued operations 213
Net profit 2941