Unilever 2004 Annual Report Download - page 153

150 Unilever Annual Report and Accounts 2004
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 should be read in the context of those accounts and notes. Please refer also to the footnotes on page 151.
The adoption, in 2003, of UK Financial Reporting Standard 17 on pensions accounting was 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 were not restated for this change in accounting policy.
Consolidated profit and loss account € million € million € million € million € million
2004 2003 2002 2001 2000
Group turnover 40 169 42 693 48 270 51 514 47 582
Group operating profit 3 411 5 483 5 007 4 946 3 130
After charging:
Exceptional items (1 595) (97) (707) (579) (2 113)
Amortisation of goodwill and intangible assets (1 086) (1 139) (1 245) (1 387) (435)
Income from fixed investments 117 68 111 96 53
Interest(a) (689) (1 013) (1 065) (1 604) (632)
Profit on ordinary activities before taxation 2 839 4 538 4 053 3 438 2 551
Profit on ordinary activities after taxation 2 057 3 011 2 448 1 919 1 269
Net profit 1 876 2 762 2 136 1 680 1 054
Preference dividends (28) (27) (42) (51) (44)
Dividends on ordinary capital (1 815) (1 682) (1 659) (1 530) (1 414)
Result for the year retained 33 1 053 435 99 (404)
Combined earnings per share(b)
Euros per €0.51 of ordinary capital 1.92 2.82 2.14 1.66 1.02
Euro cents per 1.4p of ordinary capital 28.78 42.33 32.16 24.86 15.32
Ordinary dividends
NV – euros per €0.51 of ordinary capital 1.89 1.74 1.70 1.56 1.43
PLC – pence per 1.4p of ordinary capital 19.15 18.08 16.04 14.54 13.07
Consolidated balance sheet € million € million € million € million € million
2004 2003 2002 2001 2000
Goodwill and intangible assets 15 338 17 713 20 274 24 964 26 390
Other fixed assets and investments 6 473 6 854 8 115 10 124 10 996
Stocks 3 758 4 175 4 500 5 343 5 421
Debtors 5 703 5 881 6 571 8 024 9 726
Acquired businesses held for resale –– – – 1 666
Total cash and current investments 2 603 3 345 2 904 2 214 3 260
Total assets 33 875 37 968 42 364 50 669 57 459
Creditors due within one year (14 570) (17 074) (19 955) (23 125) (28 351)
Total assets less current liabilities 19 305 20 894 22 409 27 544 29 108
Creditors due after one year 7 610 9 130 11 574 15 026 14 085
Provisions for liabilities and charges 5 799 5 404 5 514 3 411 6 431
Total long-term liabilities 13 409 14 534 17 088 18 437 20 516
Minority interests 362 440 619 670 618
Capital and reserves(c) 5 534 5 920 4 702 8 437 7 974
Total capital employed 19 305 20 894 22 409 27 544 29 108
Five-year record (continued)
Unilever Group