Unilever 2007 Annual Report Download - page 71

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Unilever Annual Report and Accounts 2007 69
Financial statements continued
Consolidated income statement
for the year ended 31 December
€ million € million € million
2007 2006 2005
Continuing operations
Turnover 240 187 39 642 38 401
Operating profit 25 245 5 408 5 074
After (charging)/crediting:
Restructuring 3(875) (704) (328)
Business disposals, impairments and other 3306 196 (249)
Gain on US healthcare and UK pensions 3–266 –
Net finance costs 5(252) (721) (613)
Finance income 147 128 129
Finance costs (550) (590) (689)
Preference shares provision (7) (300) –
Pensions and similar obligations 158 41 (53)
Share of net profit/(loss) of joint ventures 102 78 47
Share of net profit/(loss) of associates 50 36 (25)
Other income from non-current investments 11 39 30 33
Profit before taxation 5 184 4 831 4 516
Taxation 6(1 128) (1 146) (1 181)
Net profit from continuing operations 4 056 3 685 3 335
Net profit from discontinued operations 27 80 1 330 640
Net profit 4 136 5 015 3 975
Attributable to:
Minority interests 248 270 209
Shareholders’ equity 3 888 4 745 3 766
Combined earnings per share 7
From continuing operations
Basic earnings per share €1.32 €1.19 €1.07
Diluted earnings per share €1.28 €1.15 €1.04
From discontinued operations
Basic earnings per share €0.03 €0.46 €0.22
Diluted earnings per share €0.03 €0.45 €0.21
From total operations
Basic earnings per share €1.35 €1.65 €1.29
Diluted earnings per share €1.31 €1.60 €1.25
References in the consolidated income statement, consolidated statement of recognised income and expense, consolidated cash flow statement
and consolidated balance sheet relate to notes on pages 72 to 121, which form an integral part of the consolidated financial statements.
Accounting policies of the Unilever Group are set out in note 1 on pages 72 to 76.
Consolidated statement of recognised income and expense
for the year ended 31 December
€ million € million € million
2007 2006 2005
Fair value gains/(losses) net of tax:
On cash flow hedges 84 614
On available-for-sale financial assets 215 –
Actuarial gains/(losses) on pension schemes net of tax 542 853 (49)
Currency retranslation gains/(losses) net of tax(a) (413) (335) 513
Net income/(expense) recognised directly in equity 215 539 478
Net profit 4 136 5 015 3 975
Total recognised income and expense 21 4 351 5 554 4 453
Attributable to:
Minority interests 237 242 249
Shareholders’ equity 4 114 5 312 4 204
(a) Includes fair value gains/(losses) on net investment hedges of €(692) million (2006: €(779) million; 2005: €332 million).
Financial statements Unilever Group