Unilever 2000 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2000 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 128

  • 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
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

Unilever Annual Report & Accounts and Form 20-F 2000 Financial Statements
54
Notes to the consolidated accounts
Unilever Group
Unilever Annual Report & Accounts and Form 20-F 2000
1 Segmental information continued
million
2000 1999
Net operating assets
By geographical area:(f)
Europe 12 443 3 435
North America 11 891 1 996
Africa and M iddle East 806 814
Asia and Pacific 1 487 1 499
Latin America 7 526 1 520
34 153 9 264
By operation:(f)
Foods – Oil & dairy based foods and bakery 3 313 1 264
– Ice cream and beverages 2 518 2 502
– Culinary and frozen foods 24 587 1 549
Home care and professional cleaning 1 983 2 140
Personal care 1 582 1 652
Other Operations 170 157
34 153 9 264
Additional segmental information as required by SFAS 131
Unilever is organised as a matrix; accordingly segmental information is provided in accordance w ith SFAS 131 on the basis of product
categories. For management reporting purposes Unilever uses a number of measures of segment performance at constant average rates
of exchange (that is, the same rates as in the preceding year). The internal management measure of profit w hich is most consistent with
operating profit reported in the accounts is ‘Trading Result’. This measure differs from operating profit, mainly because it excludes
amortisation of goodwill and intangibles and includes depreciation on the basis of replacement cost. There are a number of other
adjustments, including the application of an inflation charge on w orking capital w hich is added back to arrive at operating profit,
and certain other statistical items. Fixed assets are measured at depreciated replacement cost for management reporting purposes.
million
2000 1999 1998
Exchange Exchange Exchange
At constant rates At current At constant rates At current At constant rates At current
1999 rates
adjustments
2000 rates 1998 rates adjustments 1999 rates 1997 rates adjustments 1998 rates
Group turnover
By operation:(d)
Foods – Oil & dairy based foods
and bakery 7 420 510 7 930 7 345 (67) 7 278 7 803 (111) 7 692
– Ice cream and beverages 7 002 599 7 601 6 651 (14) 6 637 6 801 (179) 6 622
– Culinary and frozen foods 7 832 535 8 367 6 468 (44) 6 424 6 610 (5) 6 605
Home care and professional cleaning 9 439 819 10 258 9 327 (221) 9 106 9 179 (366) 8 813
Personal care 11 321 1 246 12 567 10 629 46 10 675 10 717 (747) 9 970
Other Operations 779 80 859 824 33 857 816 (81) 735
Total 43 793 3 789 47 582 41 244 (267) 40 977 41 926 (1 489) 40 437
Trading result
By operation:
Foods – Oil & dairy based foods
and bakery 965 47 1 012 653 (4) 649 651 (14) 637
– Ice cream and beverages 414 34 448 558 6 564 530 1 531
– Culinary and frozen foods 691 70 761 506 9 515 584 — 584
Home care and professional cleaning 519 34 553 813 (8) 805 858 (19) 839
Personal care 909 44 953 1 515 1 1 516 1 360 (102) 1 258
Other Operations 27 (1) 26 77 1 78 437 32 469
Trading result 3 525 228 3 753 4 122 5 4 127 4 420 (102) 4 318
11101110 101110 101110
Amortisation of goodwill
and intangibles 5(435) (23) (8)
Other adjustments (16) 199 100
110 110 11110
Group operating profit 3 302 4 303 4 410
110 110 11110
Notes to the consolidated accounts
Unilever Group