Unilever 2003 Annual Report Download - page 118

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Unilever Annual Report & Accounts and Form 20-F 2003 115
Notes to the consolidated accounts
Unilever Group
27 Analysis of cash flows for headings netted in the cash flow statement
€ million € million € million
2003 2002 2001
Restated Restated
Returns on investments and servicing of finance
Dividends from other fixed investments 887
Interest received 304 324 191
Interest paid (1 114) (1 467) (1 842)
Preference dividend paid (27) (31) (48)
Dividends and other payments to minority shareholders (351) (220) (195)
Total (1 180) (1 386) (1 887)
Capital expenditure and financial investment
Purchase of intangible assets (3) (18) –
Purchase of tangible fixed assets (1 038) (1 295) (1 536)
Disposal of tangible fixed assets 168 233 579
Acquisition/disposal of fixed investments 249 (68) 35
Purchase of own shares (employee share plans) (400) (558) (436)
Total (1 024) (1 706) (1 358)
Acquisitions and disposals
Acquisition of group companies 25 (262) (57) (132)
Cash balances of businesses acquired 25 10 – (1)
Consideration paid in respect of acquisitions made in previous years –– (1)
Disposal of acquired business held for resale –– 1 968
Disposal of group companies 25 889 1 834 1 650
Cash balances of businesses sold 25 (17) (34) (9)
Consideration received in respect of disposals made in previous years 212 2
Total 622 1 755 3 477
Management of liquid resources
Purchase of current investments (137) (219) (108)
Sale of current investments 48 30 121
(Increase)/decrease in cash on deposit 48 (403) 1 093
Total (41) (592) 1 106
Financing
Issue/purchase of shares by group companies to/(from) minority shareholders (8) 9 (3)
Debt due within one year:
Increases 4 068 2 698 3 854
Repayments (7 378) (8 834) (13 692)
Debt after one year:
Increases 509 3 195 4 933
Repayments (108) (146) (264)
Total (2 917) (3 078) (5 172)
Included as liquid resources are term deposits of less than one year, government securities and A- or higher rated money and capital
market instruments.
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.
Amounts for 2002 and 2001 have been restated following a change in the presentation for securities held as collateral in connection with
derivative financial instruments. See note 14 on page 94.