Unilever 2000 Annual Report Download - page 53

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51
Unilever Annual Report & Accounts and Form 20-F 2000 Financial Statements
Consolidated statement of total recognised gains
and losses and cash flow statement for the year ended 31 December
Unilever Group
Consolidated statement of total recognised gains and losses
€million
2000 1999 1998
Net profit 1 105 2 771 2 944
Currency retranslation (237) 380 (615)
Total recognised gains since last annual accounts 868 3 151 2 329
Consolidated cash flow statement
€million
2000 1999 1998
Cash flow from operating activities 27 6 738 5 654 4 514
Dividends from joint ventures 38 28 24
Returns on investments and servicing of finance 28 (798) (156) 67
Taxation (1 734) (1 443) (1 261)
Capital expenditure and financial investment 28 (1 061) (1 501) (1 399)
Acquisitions and disposals 28 (27 373) (362) 338
Dividends paid on ordinary share capital (1 365) (1 266) (1 073)
Special dividend (6 093)
Cash flow before management of liquid resources and financing (25 555) (5 139) 1 210
Management of liquid resources 28 2 464 5 675 (2 003)
Financing 28 22 902 (146) 42
Increase/(decrease) in cash in the period (189) 390 (751)
Reconciliation of cash flow to movement in net funds/(debt)
Net funds/(debt) at 1 January 29 684 5 778 4 820
Increase/(decrease) in cash in the period (189) 390 (751)
Cash flow from (increase)/decrease in borrow ings (22 920) 150 (25)
Cash flow from increase/(decrease) in liquid resources (2 464) (5 675) 2 003
Change in net funds resulting from cash flow s (25 573) (5 135) 1 227
Borrowings within group companies acquired (3 113) (29) (17)
Borrowings within group companies sold 243
Liquid resources w ithin group companies acquired 13 3—
Liquid resources w ithin group companies sold —— (2)
Non cash movements 455 (211) (10)
Currency retranslation 1 064 274 (243)
Increase/(decrease) in net funds in the period (27 152) (5 094) 958
Net funds/(debt) at 31 December 29 (26 468) 684 5 778
References relate to notes on pages 53 to 90, w hich form an integral part of the consolidated financial statements. Amounts previously
reported in guilders have been restated and are now reported in euros using the official conversion rate of €1.00 = Fl. 2.20371 that became
effective on 1 January 1999.
Accounting policies of the Unilever Group are set out on pages 47 to 49.
Variations from United States generally accepted accounting principles and Regulation S-X are outlined on pages 98 to 100.