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Notes to the consolidated accounts Unilever Group
Unilever Annual Report and Accounts 2008 97
Financial statements
8 Dividends on ordinary capital
€ million € million € million
Dividends paid on ordinary capital during the year 2008 2007 2006
Final NV dividend for the prior year of €0.50 per share (2007: €0.47; 2006: €0.44) (779) (767) (722)
Final PLC dividend for the prior year of 34.11p per share (2007: 32.04p; 2006: 30.09p) (548) (589) (547)
Interim NV dividend for the year of €0.26 per share (2007: €0.25; 2006: €0.23) (397) (400) (379)
Interim PLC dividend for the year of 20.55p per share (2007: 17.00p; 2006: 15.62p) (328) (314) (285)
One-off NV dividend of €0.26 per share in 2006 – – (428)
One-off PLC dividend of 17.66p per share in 2006 – – (323)
(2 052) (2 070) (2 684)
Of which:
NV dividends (1 176) (1 167) (1 529)
PLC dividends (876) (903) (1 155)
The proposed final dividends on ordinary capital for the year 2008 have to be approved by shareholders at the Annual General Meetings. In
accordance with IFRS, no provision for the amount of this dividend, estimated at €1 300 million, has been recognised in the financial statements
for the year ended 31 December 2008.
Full details of dividends per share for the years 2004 to 2008 are given on page 157.
9 Goodwill and intangible assets
Indefinite-lived intangible assets principally comprise those trademarks for which there is no foreseeable limit to the period over which they are
expected to generate net cash inflows. These are considered to have an indefinite life, given the strength and durability of our brands and the
level of marketing support. Brands that are classified as indefinite have been in the market for many years, and the nature of the industry we
operate in is such that brand obsolescence is not common, if appropriately supported by advertising and marketing spend. Finite-lived intangible
assets, which primarily comprise patented and non-patented technology, know-how, and software, are capitalised and amortised in operating
profit on a straight-line basis over the period of their expected useful lives, none of which exceeds ten years. The level of amortisation for finite-
lived intangible assets is not expected to change materially over the next five years.
€ million € million
At cost less amortisation and impairment 2008 2007
Goodwill 11 665 12 244
Intangible assets: 4 426 4 511
Indefinite-lived intangible assets 3 886 3 921
Finite-lived intangible assets 206 273
Software 334 317
16 091 16 755
€ million € million € million € million € million
Indefinite- Finite-
lived lived
intangible intangible
Movements during 2008 Goodwill assets assets Software Total
Cost
1 January 2008 13 182 4 134 621 501 18 438
Acquisitions of group companies 60 90 1 –151
Disposals of group companies (129) –––(129)
Additions – 1–146 147
Disposals ––(3) (33) (36)
Currency retranslation (496) (81) (20) (34) (631)
Reclassification as held for sale – (37) (1) – (38)
31 December 2008 12 617 4 107 598 580 17 902
Amortisation and impairment
1 January 2008 (938) (213) (348) (184) (1 683)
Disposal of group companies 12–––12
Amortisation for the year – – (59) (109) (168)
Impairment – (37) (1) – (38)
Disposals ––23335
Currency retranslation (26) (8) 13 14 (7)
Reclassification as held for sale –37 1 –38
31 December 2008 (952) (221) (392) (246) (1 811)
Net book value 31 December 2008 11 665 3 886 206 334 16 091