Unilever 2009 Annual Report Download - page 128
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27 Assets held for sale and discontinued operations
An analysis of the result of discontinued operations, and the result recognised on disposal of discontinued operations is as follows:
€ million € million € million
Income statement of discontinued operations 2009 2008 2007
Turnover –––
Expenses –––
Operating profit –––
Net finance costs –––
Profit before tax –––
Taxation –––
Profit after taxation –––
Gain/(loss) on disposal of discontinued operations(a) ––89
Recycling of currency retranslation upon disposal –––
Taxation arising on disposal –– (9)
Gain/(loss) after taxation on disposal ––80
Net profit from discontinued operations ––80
(a) In 2007, a one-off gain of €50 million was recognised for future performance-based consideration from the sale of UCI.
€ million € million € million
Summary cash flow statement of discontinued operations 2009 2008 2007
Net cash flow from/(used in) operating activities –– (4)
Net cash flow from/(used in) investing activities ––80
Net cash flow from/(used in) financing activities –––
Net increase/(decrease) in cash and cash equivalents ––76
€ million € million
Assets classified as held for sale 2009 2008
Disposal groups held for sale
Property, plant and equipment 77
Inventories 115
Trade and other receivables ––
822
Non-current assets held for sale
Property, plant and equipment 914
914
Total assets at 31 December 2009 are included in the geographical segments as follows: Asia, Africa and Central & Eastern Europe €3 million;
The Americas €14 million; Western Europe € nil.
Unilever Annual Report and Accounts 2009 125