Unilever 2014 Annual Report Download - page 71

Download and view the complete annual report

Please find page 71 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

13 TRADE AND OTHER URRENT REEIVABLES CONTINUED
Trade and other current recevables
 mllon
2014
€ million
2013
Due wthn one year
Trade receivables 2,827 2,852
Prepayments and accrued income 540 516
Other receivables 1,662 1,463
5,029 4,831
Other receivables comprise financial assets of €425 million (2013: €588 million), including supplier and customer deposits, employee
advances and certain derivatives, and non-financial assets of €1,237 million (2013: €875 million), including tax deposits and
reclaimable sales tax.
Ageng of trade recevables
 mllon
2014
€ million
2013
Total trade receivables 2,956 2,989
Less impairment provision for trade receivables (129) (137)
2,827 2,852
Of which:
Not overdue 2,156 2,194
Past due less than three months 584 539
Past due more than three months but less than six months 70 105
Past due more than six months but less than one year 46 59
Past due more than one year 100 92
Impairment provision for trade receivables (129) (137)
2,827 2,852
Imparment provson for trade and other recevables – current and non-current mparments
 mllon
2014
€ million
2013
1 January 149 151
Charged to income statement 30 38
Reductions/releases (36) (30)
Currency retranslation 2 (10)
31 December 145 149
14 TRADE PAYABLES AND OTHER LIABILITIES
Trade payables and other liabilities are initially recognised at fair value less any directly attributable transaction costs. Subsequently
these liabilities are held at amortised cost, using the effective interest method.
We do not consider the fair values of trade and other payables to be significantly different from their carrying values.
Trade payables and other labltes
 mllon
2014
€ million
2013
Due wthn one year
Trade payables 7,636 6,995
Accruals 3,172 3,269
Social security and sundry taxes 555 631
Others 1,243 840
12,606 11,735
Due after more than one year
Accruals 109 59
Others 269 237
378 296
Total trade payables and other liabilities 12,984 12,031
Included in others are third party royalties, certain derivatives and dividends to non-controlling interests.
108 Unilever Annual Report and Accounts 2014Financial statements
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
UNILEVER GROUP CONTINUED