Unilever 2014 Annual Report Download - page 67
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Please find page 67 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.9 OODWILL AND INTANIBLE ASSETS CONTINUED
Movements durng 2014
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Software
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Total
ost
1 January 2014 14,890 6,266 641 1,715 23,512
Acquisitions of group companies 184 356 20 – 560
Disposals of group companies (207) (587) – (1) (795)
Reclassed to held for disposal – (11) – – (11)
Additions – 36 – 328 364
Disposals – (2) – (9) (11)
Currency retranslation 858 306 24 103 1,291
31 December 2014 15,725 6,364 685 2,136 24,910
Accumulated amortsaton and mparment
1 January 2014 (973) (227) (613) (795) (2,608)
Disposals of group companies – 566 – – 566
Amortisation/impairment for the year – (305) (2) (178) (485)
Disposals – 1 – 9 10
Currency retranslation (110) (47) (29) (33) (219)
31 December 2014 (1,083) (12) (644) (997) (2,736)
Net book value 31 December 2014 14,642 6,352 41 1,139 22,174
Movements durng 2013
ost
1 January 2013 15,635 6,536 670 1,480 24,321
Acquisitions of group companies 62 45 5 – 112
Disposals of group companies (62) (13) – – (75)
Reclassed to held for disposal (3) – – – (3)
Additions – 2 – 375 377
Disposals –(5) (10) (54) (69)
Currency retranslation (742) (299) (24) (86) (1,151)
31 December 2013 14,890 6,266 641 1,715 23,512
Accumulated amortsaton and mparment
1 January 2013 (1,016) (238) (641) (708) (2,603)
Amortisation for the year – – (4) (163) (167)
Disposals – – 9 26 35
Currency retranslation 43 11 23 50 127
31 December 2013 (973) (227) (613) (795) (2,608)
Net book value 31 December 2013 13,917 6,039 28 920 20,904
There are no significant carrying amounts of goodwill and intangible assets that are allocated across multiple cash generating units.
IMPAIRMENT HARES
We have tested all material goodwill and indefinite-life intangible assets for impairment. During the year an impairment of
€305 million has been recognised in relation to the assets related to the Slim.Fast business. These assets were subsequently sold
(seenote 21). No other impairments were identified.
SINIFIANT US
The goodwill and indefinite-life intangible assets held in the three CGUs relating to Foods across the geographical areas are considered
significant within the total carrying amounts of goodwill and indefinite-life intangible assets at 31 December 2014 in terms of size, headroom
and sensitivity to assumptions used. Noother CGUs are considered significant in this respect.
The goodwill and indefinite-life intangible assets held in the significant CGUs are:
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€ billion
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Goodwill
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2013
Indefinite-
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Foods Europe 59 16 5.8 1.6
Foods The Americas 37 15 3.6 1.3
Foods Asia/AMET/RUB 16 04 1.4 0.4
Value in use has been calculated as the present value of projected future cash flows. A pre-tax discount rate of 7.4% (2013: 7.4%)
was used.
104 Unilever Annual Report and Accounts 2014Financial statements
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
UNILEVER GROUP CONTINUED