Unilever 2003 Annual Report Download - page 117

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114 Unilever Annual Report & Accounts and Form 20-F 2003
Notes to the consolidated accounts
Unilever Group
26 Reconciliation of group operating profit to operating cash flows
€ million € million € million
2003 2002 2001
Restated Restated
Group operating profit 5 483 5 007 4 946
Depreciation and amortisation 2 038 2 582 2 845
Changes in working capital:
Stocks (107) (98) (177)
Debtors 547 88 (40)
Creditors (640) 382 440
Pensions and similar provisions less payments (147) (109) 282
Restructuring and other provisions less payments (208) (53) 173
Elimination of (profits)/losses on disposals (357) (143) (941)
Non-cash charge for share options 208 185 106
Other adjustments (37) 42 (137)
Cash flow from group operating activities 6 780 7 883 7 497
Cash flow from exceptional items included in the group operating profit above comprises:
€ million € million € million
2003 2002 2001
Restructuring (407) (406) (1 131)
Business disposals 889 1 834 1 650
Other, including asset disposals 18 229 429
Total 500 1 657 948
Of which related to items included in group operating profit in the current year 846 2 064
Of which related to items included in group operating profit in prior years (346) (407)
Total 500 1 657
The cash flows of pension funds (other than contributions and other direct payments made by the Group in respect of pensions and similar
obligations) are not included in the Group cash flow statement.