Unilever 1999 Annual Report Download - page 48

Download and view the complete annual report

Please find page 48 of the 1999 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 56

  • 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

Notes to the company accounts
Unilever PLC
Fixed investments
£ million
1999 1998
Shares in group companies 1016 1 272
Book value of PLC shares held in
connection with share options 180 149
1196 1 421
Shares in group companies
Shares in group companies are
stated at cost or valuation,
less amounts written off.
Movements during the year:
1 January 1272
Additions 218
Disposals (474)
31 December 1016
Shares held in connection
with share options
Movements during the year:
1 January 149
Additions 81
Disposals (50)
31 December 180
Debtors
Due within one year:
Amounts owed by group
companies 1034 2 246
Other 13 2
1047 2 248
Due after more than one year:
Amounts owed by group
companies ——
——
Total debtors 1047 2 248
Creditors
£ million
1999 1998
Due within one year:
Amounts owed to group
companies 940 949
Bonds and other loans ——
Taxation and social security 10 36
Dividends 246 2 406
Other 115
1 197 3 406
Due after more than one year:
Bonds and other loans ——
Profit retained
1 January 618 896
Goodwill movements ——
Profit of the year 643 2 222
Dividends on ordinary
and deferred shares (356) (2 500)
31 December 905 618
Contingent liabilities
These are not expected to give
rise to any material loss and
include guarantees given for group
companies, under which amounts
outstanding at 31 December were: 899 1 038
Of the above, guaranteed also by
NV 279 278
Remuneration of auditors
Parent company audit fee 1.3 1.1
Payments by the parent company
for non-audit services provided by
PricewaterhouseCoopers United
Kingdom 3.6 0.7
Profit appropriation
The proposed appropriation of
the profit of PLC is as follows:
Interim and recommended
final dividends 356 2 500
Profit of the year retained 287 (278)
48 Unilever Annual Accounts 1999