Unilever 2009 Annual Report Download - page 3

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Contents
Report of the Directors
Overview
1 Our vision
2 Operational highlights
4 Chairman’s statement
5 Chief Executive Officer’s review
7 Strategy
Our strategy
8 Winning with brands
and innovation
10 Winning in the market place
12 Winning through
continuous improvement
14 Winning with people
Performance 2009
16 Financial overview
18 Making a difference in society
20 Growing sustainably
Board and Executive
22 Board of Directors
24 Unilever Executive
About Unilever
25 Our business
30 Outlook and risks
37 Financial Review 2009
47 Financial Review 2008
Governance
50 Corporate governance
63 Report of the Audit Committee
64 Report of the Corporate
Responsibility and
Reputation Committee
66 Report of the Nomination
Committee
67 Directors’ Remuneration
Report
Financial statements
76 Statement of Directors’
responsibilities
77 Auditors’ reports
79 Consolidated income statement
80 Consolidated statement
of comprehensive income
80 Consolidated statement of changes
in equity
81 Consolidated balance sheet
82 Consolidated cash flow statement
83 Notes to the consolidated
financial statements
129 Financial record
131 Principal group companies and
non-current investments
133 Company accounts
Shareholder information
144 Analysis of shareholding
146 Financial calendar
146 Contact details
147 Website
147 Share registration
147 Publications
148 Index
Basis of reporting
Our accounting policies are based on International
Financial Reporting Standards (IFRS) as adopted by
the European Union (EU), and on United Kingdom
and Dutch law. They are also in accordance with
IFRS as issued by the International Accounting
Standards Board (IASB). Certain measures used in
our reporting are not defined under IFRS or other
generally accepted accounting principles. For
further information about these measures, and the
reasons why we believe they are important for an
understanding of the performance of the business,
please refer to our commentary on non-GAAP
measures on pages 44 to 46 and the Financial
Review on page 37.
Other information
The brand names shown in this report are
trademarks owned by or licensed to companies
within the Unilever Group.
This document contains certain statements that are
neither reported financial results nor other historical
information. These statements are forward-looking
statements, including within the meaning of the
United States Private Securities Litigation Reform
Act of 1995. Actual results may differ from those
disclosed in our forward-looking statements.
For a description of factors that could affect future
results, reference should be made to the full
‘Cautionary statement’ on the inside back cover
and to the section entitled ‘Outlook and risks’
on pages 30 to 36.
In our report we make reference to Unilever’s
website. Information on our website does not form
part of this document.
This Annual Report comprises regulated information
within the meaning of sections 1:1 and 5:25c of the
Dutch Financial Markets Supervision Act.
• Axe/Lynx
• Blue Band
• Dove
• Flora/Becel
• Heartbrand
ice creams
• Hellmann’s
• Knorr
• Lipton
• Lux
• Omo
• Rexona
• Sunsilk
• Surf
Our strong portfolio of foods, home and personal care brands
is trusted by consumers the world over. Our top 13 brands
account for total sales of over €23 billion and our top 25
brands represent nearly 75% of our sales.
Our top 13 brands*
* Some of our brands may be
marketed under alternative
names in certain countries.
Our brands