Unilever 2003 Annual Report Download - page 130

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Unilever Annual Report & Accounts and Form 20-F 2003 127
Five-year record
Unilever Group
The financial data below shows key figures which are derived from the audited consolidated accounts of the Unilever Group for the last five
years and is qualified by reference to those accounts and notes. Please refer also to the notes on page 128.
From 1 January 2000, Unilever adopted the euro as its principal reporting currency. The effect of exchange fluctuations over time means that
the trends shown may differ significantly from those previously shown in sterling and from those which would arise if these euro amounts had
been translated from the historical sterling accounts.
Following the changes in accounting policies for share-based payments and for the presentation of securities received as collateral, the
consolidated profit and loss accounts, balance sheets and cash flow statements in respect of prior years have been restated. The adoption of UK
Financial Reporting Standard 17 on pensions accounting has been reflected by restating the consolidated profit and loss accounts for the years
ended and the balance sheets as at 31 December 2002 and 31 December 2001. As allowed by the transitional provisions of FRS 17, the
financial statements in respect of earlier years have not been restated for this change in accounting policy.
Consolidated profit and loss account(a) € million € million € million € million € million
2003 2002 2001 2000 1999
Restated Restated Restated Restated
Group turnover 42 693 48 270 51 514 47 582 40 977
Group operating profit 5 483 5 007 4 946 3 130 4 260
After charging:
Exceptional items (97) (707) (579) (2 113) (269)
Amortisation of goodwill and intangible assets (1 139) (1 245) (1 387) (435) (23)
Income from fixed investments 68 111 96 53 52
Interest(b) (1 013) (1 065) (1 604) (632) (14)
Profit on ordinary activities before taxation 4 538 4 053 3 438 2 551 4 298
Profit on ordinary activities after taxation 3 011 2 448 1 919 1 269 2 940
Net profit 2 762 2 136 1 680 1 054 2 739
Preference dividends (27) (42) (51) (44) (20)
Dividends on ordinary capital (1 682) (1 659) (1 530) (1 414) (1 245)
Result for the year retained 1 053 435 99 (404) 1 474
Combined earnings per share(c)
Euros per €0.51 of ordinary capital 2.82 2.14 1.66 1.02 2.60
Euro cents per 1.4p of ordinary capital 42.33 32.16 24.86 15.32 39.02
Ordinary dividends
NV – euros per €0.51 of ordinary capital(d) 1.74 1.70 1.56 1.43 1.27
PLC – pence per 1.4p of ordinary capital 18.08 16.04 14.54 13.07 12.50
Consolidated balance sheet(a) € million € million € million € million € million
2003 2002 2001 2000 1999
Restated Restated Restated
Goodwill and intangible assets 17 713 20 274 24 964 26 390 643
Other fixed assets and investments 6 854 8 115 10 124 10 996 8 963
Stocks 4 175 4 500 5 343 5 421 5 124
Debtors 5 881 6 571 8 024 9 726 7 405
Acquired businesses held for resale –– – 1 666 –
Total cash and current investments(e) 3 345 2 904 2 214 3 260 5 473
Total assets 37 968 42 364 50 669 57 459 27 608
Creditors due within one year(e) (17 074) (19 955) (23 125) (28 351) (12 134)
Total assets less current liabilities 20 894 22 409 27 544 29 108 15 474
Creditors due after one year 9 130 11 574 15 026 14 085 2 832
Provisions for liabilities and charges 5 404 5 514 3 411 6 431 4 608
Minority interests 440 619 670 618 579
Capital and reserves(f) 5 920 4 702 8 437 7 974 7 455
Total capital employed 20 894 22 409 27 544 29 108 15 474