Unilever 2009 Annual Report Download - page 144

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Unilever Annual Report and Accounts 2009 141
Notes to the company accounts Unilever PLC
Fixed asset investments £ million £ million
2009 2008
Shares in group companies(a) 5,929 4,393
(a) The movement in the year is an additional investment in a
group company.
Debtors £ million £ million
2009 2008
Due within one year:
Amounts owed by group companies 374 593
Other 12
375 595
Creditors £ million £ million
2009 2008
Due within one year:
Amounts owed to group companies 3,687 3,273
Taxation and social security 63 100
Accruals and deferred income 11 6
3,761 3,379
Due after more than one year:
Bonds and other loans(b) 743 –
(b) During 2009 Unilever PLC issued the following senior notes:
•on 19 March £350 million at 4.0% maturing December 2014
(year-end value at amortised cost £346 million)
•on 17 June £400 million at 4.75% maturing June 2017 (year-end
value amortised cost £397 million).
Provisions for liabilities and charges (excluding pensions and
similar obligations)
£ million £ million
2009 2008
Deferred taxation 10 10
Ordinary share capital
Information on the consolidation of ordinary shares is given in note 22
to the consolidated accounts on page 119.
Other reserves £ million £ million
2009 2008
1 January (489) (281)
Change in book value of shares 34 (208)
31 December (455) (489)
Profit retained £ million £ million
2009 2008
1 January 1,951 1,721
Profit for the year 977 931
Final dividend 2007 on ordinary and
deferred shares –(439)
Interim dividend 2008 on ordinary and
deferred shares –(262)
Final dividend 2008 on ordinary and
deferred shares (513) –
Interim dividend 2009 on ordinary and
deferred shares (309) –
31 December 2,106 1,951
Contingent liabilities
Contingent liabilities are not expected to give rise to any material loss
and include guarantees given for group companies. The estimated total
of such liabilities at 31 December 2009 was some £6,122 million
(2008: £7,905 million) of which £3,245 million (2008: £4,319 million)
was also guaranteed by NV. The fair value of such guarantees is not
significant in either 2008 or 2009. The guarantees issued to other
companies were immaterial.
Remuneration of auditors
The parent company accounts of Unilever PLC are required to comply
with The Companies (Disclosure of Auditor Remuneration) Regulations
2005. Auditors’ remuneration in respect of Unilever PLC is included
within the disclosures in note 31 on page 128.
Profit appropriation £ million £ million
2009 2008
Profit for the year (available for distribution) 977 931
Interim dividend already paid (309) (262)
To profit retained 668 669
Post balance sheet event
On 4 February 2010 the Directors announced a dividend of
£0.1704 per Unilever PLC ordinary share. The dividend is payable
from 17 March 2010 to shareholders registered at close of business on
12 February 2010.