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Notes to the consolidated accounts
Unilever Group
102 Unilever Annual Report and Accounts 2004
1 Segmental information
Segmental information is provided below on the basis of product categories. These categories are:
Savoury and dressings – including sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings and olive oil.
Spreads and cooking products – including sales of branded margarines and spreads and cooking products such as liquid margarines.
Beverages – including sales of tea, weight management products, and nutritionally enhanced staples sold in developing markets. This product
category was previously described as ‘Health and wellness and beverages’.
Ice cream and frozen foods – including sales of ice cream and frozen food.
Home care – including sales of home care products, such as laundry powders and liquids and a wide range of cleaning products. In May 2002
we sold DiverseyLever, our professional cleaning business, the revenues of which were also included within this segment for part of the year
ended 31 December 2002. Our share of the profit from our retained stake in this business, which is an associated company, continues to be
reported in this segment.
Personal care – including sales of skin care and hair care products, deodorants and antiperspirants, oral care products, and a number of
prestige fragrances.
Other operations – to support our consumer brands, we own tea plantations and palm oil plantations, the results of which are reported
within this segment.
€ million € million € million € million € million € million € million € million € million € million
Spreads Ice cream Total
Savoury and and Home and
and cooking frozen Total Home Personal Personal Other
Analysis by operation dressings products Beverages foods Foods care care care operations Total
2004
Turnover 8 397 4 644 3 206 6 463 22 710 6 782 10 636 17 418 238 40 366
Less: Share of turnover of joint ventures (31) (35) (114) – (180) (6) (8) (14) (3) (197)
Group turnover 8 366 4 609 3 092 6 463 22 530 6 776 10 628 17 404 235 40 169
Group operating profit/(loss) 396 608 (417) 680 1 267 599 1 555 2 154 (10) 3 411
After charging:
Exceptional items (290) (84) (671) (101) (1 146) (163) (294) (457) 8 (1 595)
Amortisation of goodwill
and intangible assets (872) (66) (104) (21) (1 063) (11) (12) (23) – (1 086)
Add: Share of operating profit
of joint ventures 2732–41123–44
Operating profit/(loss)(a)(b) 398 615 (385) 680 1 308 600 1 557 2 157 (10) 3 455
After charging:
Exceptional items (291) (85) (671) (101) (1 148) (163) (294) (457) 8 (1 597)
Amortisation of goodwill
and intangible assets (872) (66) (104) (21) (1 063) (11) (12) (23) – (1 086)
Share of operating profit/(loss)
of associates –––––43–43(1)42
2003
Turnover 8 609 5 028 3 569 6 994 24 200 7 230 11 153 18 383 359 42 942
Less: Share of turnover of joint ventures (58) (51) (120) – (229) (5) (10) (15) (5) (249)
Group turnover 8 551 4 977 3 449 6 994 23 971 7 225 11 143 18 368 354 42 693
Group operating profit 475 782 367 1 024 2 648 908 1 858 2 766 69 5 483
After charging:
Exceptional items (108) (1) (11) 32 (88) 8 (94) (86) 77 (97)
Amortisation of goodwill
and intangible assets (906) (73) (112) (20) (1 111) (14) (12) (26) (2) (1 139)
Add: Share of operating profit
of joint ventures 3 7 36 – 46––––46
Operating profit(a)(b) 478 789 403 1 024 2 694 908 1 858 2 766 69 5 529
After charging:
Exceptional items (110) (2) (11) 32 (91) 8 (94) (86) 77 (100)
Amortisation of goodwill
and intangible assets (908) (74) (113) (20) (1 115) (14) (12) (26) (2) (1 143)
Share of operating profit
of associates –––––25–25–25
(a) In 2004, the Group’s share of amortisation of goodwill and intangible assets in joint ventures was €(nil) (2003: €(4) million; 2002: €(16)
million), of which €(nil) (2003: €(2) million; 2002: €(13) million) arose in savoury and dressings, €(nil) million (2003: €(1) million; 2002: €(2)
million) arose in spreads and cooking products and €(nil) (2003: €(1) million; 2002: €(1) million) arose in the beverages segment.
(b) In 2004, the Group’s share of exceptional items in joint ventures was €(2) million (2003: €(3) million; 2002: €5 million), of which €(1) million
(2003: €(2) million; 2002: €(1) million) arose in savoury and dressings and €(1) million (2003: €(1) million; 2002: €6 million) arose in the
spreads and cooking products segment.