Unilever 2004 Annual Report Download - page 111
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Notes to the consolidated accounts
Unilever Group
108 Unilever Annual Report and Accounts 2004
2 Operating costs
€ million € million € million
2004 2003 2002
Cost of sales (20 011) (21 192) (24 049)
Distribution and selling costs (9 534) (10 096) (12 185)
Administrative expenses(a) (7 213) (5 922) (7 029)
Operating costs (36 758) (37 210) (43 263)
Operating costs include:
Staff costs 3(5 975) (6 225) (7 042)
Raw materials and packaging (15 143) (15 874) (18 086)
Amortisation of goodwill and intangible assets (1 086) (1 139) (1 245)
Impairment of goodwill and intangible assets(b) (777) ––
Depreciation of tangible fixed assets(c)(d) (996) (899) (1 337)
Advertising and promotions (5 704) (6 069) (6 839)
Research and development (1 040) (1 065) (1 166)
Remuneration of auditors:(e)
Statutory audit fees (13) (13) (15)
Other audit services (1) (2) (2)
Other payments to PricewaterhouseCoopers for non-audit services:
Audit-related services (4) (1) (10)
Tax(f) (4) (14) (6)
General consulting –(2) (16)
Other services (2) (1) (1)
Operating lease rentals:
Minimum lease payments (421) (413) (503)
Contingent lease payments (5) (3) (15)
(426) (416) (518)
Less: Sub-lease income 988
(417) (408) (510)
of which:
Plant and machinery (108) (113) (141)
Other (309) (295) (369)
(a) Includes amortisation and impairment of goodwill and intangible assets.
(b) Includes exceptional amount of €(724) million in 2004.
(c) Includes exceptional amount of €(131) million in 2004, €(50) million in 2003 and €(256) million in 2002.
(d) Includes €(30) million in 2004 for tangible fixed assets under finance leases.
(e) A description of the services we allow our auditors to perform is given within the Corporate governance section on page 67.
(f) Includes €(10) million in 2003 for fees in respect of a prior year tax settlement.
3 Staff costs and employees
€ million € million € million
2004 2003 2002
Remuneration of employees (4 609) (4 895) (5 748)
Emoluments of Executive Directors (12) (11) (17)
Pensions and other post-employment benefits 18 (445) (430) (351)
Social security costs (691) (681) (741)
Share option costs 30 (218) (208) (185)
Total staff costs (5 975) (6 225) (7 042)
Details of the remuneration of Directors are given in the auditable part of the Remuneration report as defined on page 89.
The average number of employees during the year was:
‘000 ’000 ’000
2004 2003 2002
Europe 53 57 65
North America 18 20 22
Africa, Middle East and Turkey 52 53 52
Asia and Pacific 74 79 84
Latin America 30 31 35
Total 227 240 258