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6 TAX ON OTHER OMPREHENSIVE INOME
Income tax s recognsed n other comprehensve ncome for tems recognsed drectly n equty
Tax effects of the components of other comprehensve ncome were as follows
 mllon
Before
tax
2014
 mllon
Tax
(charge)/
credt
2014
 mllon
After
tax
2014
 mllon
Before
tax
2013
 mllon
Tax
(charge)/
credt
2013
 mllon
After
tax
2013
Far value gans/(losses) on fnancal nstruments (110) 25 (85) 121 (15) 106
Remeasurements of defned beneft penson plans (1,710) 460 (1,250) 942 (245) 697
Currency retranslation gains/(losses) (16) (9) (25) (980) (19) (999)
(1,836) 476 (1,360) 83 (279) (196)
7 OMBINED EARNINS PER SHARE
The combined earnings per share calculations are based on the average number of share units representing the combined ordinary
shares of NV and PLC in issue during the period, less the average number of shares held as treasury stock.
In calculating diluted earnings per share and core earnings per share, a number of adjustments are made to the number of shares,
principally: (i) conversion into PLC ordinary shares in the year 2038 of shares in a group company (refer below) and (ii) the exercise of
share options by employees.
On 19 May 2014, a subsidiary of Unilever PLC purchased the shares convertible to ordinary shares in 2038 (see note 24). Due to the
repurchase, the average number of combined share units is not adjusted for these shares from 20 May 2014 to 31 December 2014. The
adjusted average number of share units is calculated based on the number of days the shares were dilutive during the year ended
31 December 2014.
ombned earnngs per share
2014
€
2013
€
2012
Basic earnings per share 182 1.71 1.54
Diluted earnings per share 179 1.66 1.50
Core EPS 161 1.58 1.53
Millions of share units
alculaton of average number of share unts 2014 2013 2012
Average number of shares: NV 1,7147 1,714.7 1,714.7
PLC 1,3102 1,310.2 1,310.2
Less shares held by employee share trusts and companies (1844) (186.8) (196.1)
Combined average number of share units 2,8405 2,838.1 2,828.8
Add dilutive impact of Leverhulme shares 268 70.9 70.9
Add dilutive effect of share-based compensation plans 153 15.0 16.2
Diluted combined average number of share units 2,8826 2,924.0 2,915.9
alculaton of earnngs
 mllon
2014
€ million
2013
€ million
2012
Net profit 5,515 5,263 4,836
Non-controlling interests (344) (421) (468)
Net profit attributable to shareholders’ equity 5,171 4,842 4,368
alculaton of core earnngs Notes
 mllon
2014
€ million
2013
€ million
2012
Net profit attributable to shareholders’ equity 5,171 4,842 4,368
Post-tax impact of non-core items 3 (537) (235) 87
Core profit attributable to shareholders’ equity 4,634 4,607 4,455
102 Unilever Annual Report and Accounts 2014Financial statements
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
UNILEVER GROUP CONTINUED