Unilever 2014 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2014 Unilever annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 105

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105

ONSOLIDATED ASH FLOW STATEMENT
for the year ended 31 December
Notes
 mllon
2014
 mllon
2013
 mllon
2012
Net proft 5,515 5,263 4,836
Taxaton 2,131 1,851 1,697
Share of net proft of ont ventures/assocates and other ncome/(loss) from
non-current nvestments (143) (127) (91)
Net fnance costs 5477 530 535
Operatng proft 7,980 7,517 6,977
Deprecaton, amortsaton and mparment 1,432 1,151 1,199
hanges n workng captal 8 200 822
Inventores (47) 168 (9)
Trade and other recevables 82 (917) 1
Trade payables and other labltes (27) 949 830
Pensons and smlar oblgatons less payments (364) (383) (369)
Provsons less payments 32 126 (43)
Elmnaton of (profts)/losses on dsposals (1,460) (725) (236)
Non-cash charge for share-based compensaton 188 228 153
Other adustments 38 (15) 13
ash flow from operatng actvtes 7,854 8,099 8,516
Income tax pad (2,311) (1,805) (1,680)
Net cash flow from operatng actvtes 5,543 6,294 6,836
Interest receved 123 100 146
Purchase of ntangble assets (359) (377) (405)
Purchase of property, plant and equpment (1,893) (1,791) (1,975)
Dsposal of property, plant and equpment 207 141 237
Acquston of group companes, ont ventures and assocates (313) (142) (133)
Dsposal of group companes, ont ventures and assocates 1,741 1,053 246
Acquston of other non-current nvestments (82) (273) (91)
Dsposal of other non-current nvestments 69 302 88
Dvdends from ont ventures, assocates and other non-current nvestments 162 136 128
(Purchase)/sale of fnancal assets 4 (310) 1,004
Net cash flow (used n)/from nvestng actvtes (341) (1,161) (755)
Dvdends pad on ordnary share captal (3,189) (2,993) (2,699)
Interest and preference dvdends pad (521) (511) (506)
Acquston of non-controllng nterests – (2,901) –
Purchase of Estate shares 24 (880) – –
Net change n short-term borrowngs 338 350 (870)
Addtonal fnancal labltes 5,174 4,219 1,441
Repayment of fnancal labltes (5,305) (3,294) (3,565)
aptal element of fnance lease rental payments (16) (11) (15)
Other movements on treasury stock (467) 24 48
Other fnancng actvtes (324) (273) (456)
Net cash flow (used n)/from fnancng actvtes (5,190) (5,390) (6,622)
Net ncrease/(decrease) n cash and cash equvalents 12 (257) (541)
ash and cash equvalents at the begnnng of the year 2,044 2,217 2,978
Effect of foregn exchange rate changes (146) 84 (220)
ash and cash equvalents at the end of the year 17A 1,910 2,044 2,217
The cash flows of penson funds (other than contrbutons and other drect payments made by the roup n respect of pensons
and smlar oblgatons) are not ncluded n the roup cash flow statement
Acquston of non-controllng nterests n 2013 ncludes varous transactons to acqure non-controllng nterests, prmarly an outflow
of 2,515 mllon to ncrease the roup’s ownershp of Hndustan Unlever Lmted from 52% to 67% Refer to note 15B
87Unilever Annual Report and Accounts 2014 Financial statements