Unilever 2007 Annual Report Download - page 117

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Unilever Annual Report and Accounts 2007 115
Financial statements continued
27 Assets held for sale and discontinued operations (continued)
€ million € million € million
Summary cash flow statement of discontinued operations 2007 2006 2005
Net cash flow from/(used in) operating activities (4) 79 62
Net cash flow from/(used in) investing activities 80 1 618 621
Net cash flow from/(used in) financing activities –(1) (4)
Net increase/(decrease) in cash and cash equivalents 76 1 696 679
The most significant items included as assets held for sale at 31 December 2007 are:
•North American laundry business – disposal process announced 2 August 2007 for completion in 2008.
•Boursin business – sale to Le Groupe Bel for €400 million announced on 5 November 2007, completed 3 January 2008.
•Lawry’s and Adolph’s branded seasoning blends and marinades business in the US and Canada –sale to McCormick & Company for
US $605 million announced on 14 November 2007, for completion in 2008.
In 2006, various non-current assets were classified as held for sale.
€ million € million
Assets classified as held for sale 2007 2006
Disposal groups held for sale
Property, plant and equipment 66 –
Inventories 83 –
Trade and other receivables 4–
153 –
Non-current assets held for sale
Property, plant and equipment 614
614
€ million € million
Liabilities classified as held for sale (part of disposal groups) 2007 2006
Trade payables and other liabilities (10) –
Deferred taxation (3) –
(13) –
Total assets at 31 December 2007 are included in the geographical segments as follows: Europe €31 million; The Americas €127 million;
and Asia Africa €1 million.
Notes to the consolidated accounts Unilever Group