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Unilever Annual Report & Accounts and Form 20-F 2003 79
Notes to the consolidated accounts
Unilever Group
1 Segmental information
€ million € million € million € million € million € million
Africa,
North Middle East Asia & Latin
Analysis by geographical area Europe America & Turkey Pacific America Total
2003
Turnover(a) 18 297 9 869 3 302 7 094 4 380 42 942
Less: Share of turnover of joint ventures (89) (95) (26) (31) (8) (249)
Group turnover(a) 18 208 9 774 3 276 7 063 4 372 42 693
Group operating profit 2 563 1 071 419 1 072 358 5 483
After charging:
Exceptional items 52 (139) 6 88 (104) (97)
Amortisation of goodwill and intangible assets (505) (419) (22) (37) (156) (1 139)
Add: Share of operating profit of joint ventures 13 30 3 – – 46
Operating profit(b)(c) 2 576 1 101 422 1 072 358 5 529
After charging:
Exceptional items 49 (139) 6 88 (104) (100)
Amortisation of goodwill and intangible assets (505) (420) (22) (40) (156) (1 143)
Share of operating profit of associates(d) 11 8 – 4 2 25
2002 (restated)
Turnover(a) 19 657 12 568 3 225 7 865 5 445 48 760
Less: Share of turnover of joint ventures (84) (122) (86) (186) (12) (490)
Group turnover(a) 19 573 12 446 3 139 7 679 5 433 48 270
Group operating profit 1 598 1 541 282 1 081 505 5 007
After charging:
Exceptional items (621) (3) (39) 14 (58) (707)
Amortisation of goodwill and intangible assets (511) (494) (16) (17) (207) (1 245)
Add: Share of operating profit of joint ventures 22 32 9 21 – 84
Operating profit(b)(c) 1 620 1 573 291 1 102 505 5 091
After charging:
Exceptional items (615) (3) (39) 13 (58) (702)
Amortisation of goodwill and intangible assets (511) (494) (19) (30) (207) (1 261)
Share of operating profit of associates(d) 12 14 1 5 2 34
2001 (restated)
Turnover(a) 20 220 13 880 3 455 8 046 6 605 52 206
Less: Share of turnover of joint ventures (101) (113) (264) (200) (14) (692)
Group turnover(a) 20 119 13 767 3 191 7 846 6 591 51 514
Group operating profit 2 412 1 127 196 873 338 4 946
After charging:
Exceptional items 254 (276) (139) (157) (261) (579)
Amortisation of goodwill and intangible assets (511) (564) (4) (26) (282) (1 387)
Add: Share of operating profit of joint ventures 21 32 12 18 1 84
Operating profit(b)(c) 2 433 1 159 208 891 339 5 030
After charging:
Exceptional items 254 (276) (139) (157) (261) (579)
Amortisation of goodwill and intangible assets (511) (564) (26) (40) (282) (1 423)
Net operating assets
2003 11 306 7 750 1 236 1 346 3 283 24 921
2002 (restated) 12 301 9 681 1 213 1 232 3 760 28 187
(a) The analysis of turnover by geographical area is stated on the basis of origin. Turnover on a destination basis would not be materially
different. Inter-segment sales between geographical areas and between product categories as on page 80 are not material.
(b) In 2003 the Group’s share of amortisation of goodwill and intangible assets in joint ventures was €(4) million (2002: €(16) million;
2001: €(36) million), of which €(1) million (2002: € nil; 2001: € nil) arose in North America, € nil (2002: €(3) million; 2001: €(22) million)
arose in Africa, Middle East and Turkey and €(3) million (2002: €(13) million; 2001: €(14) million) in Asia and Pacific.
(c) In 2003 the Group’s share of exceptional items in joint ventures was €(3) million (2002: €5 million; 2001: € nil), of which €(3) million
(2002: €6 million; 2001: € nil) arose in Europe and € nil (2002: €(1) million; 2001: € nil) arose in Asia and Pacific.
(d) There were no associates in 2001.