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96 Unilever Annual Report and Accounts 2010
Financial statements
Notes to the consolidated financial statements Unilever Group
14 Financial assets and liabilities (continued)
Interest rate profile and currency analysis of financial assets
The table set out below takes into account the various interest rate swaps and forward foreign currency contracts entered into by the Group,
details of which are set out in note 15 on pages 98 to 104.
The interest rate profiles of the Group’s financial assets analysed by principal currency are set out in the table below:
€ million € million € million
Fixed Fixed Fixed Floating Floating
rate rate rate rate rate Total
Amount Average Weighted Interest
of fixing interest rate average rate for
for following for following fixing following
year year period year
Assets – 2010
Euro 66 3.1% 0.3 years 9,469 1.1% 9,535(l)
Sterling – 24 0.8% 24
US dollar – 47 0.3% 47
Indian rupee – 628 9.6% 628
Brazilian real – 67 10.7% 67
Other – 648 4.2% 648
66 10,883 10,949
(l)
Euro leg of currency derivatives mainly relating to intra-group loans (8,083)
Total 2,866(m)
Assets – 2009
Euro 351 2.3% 0.2 years 7,802 0.9% 8,153(l)
Sterling – 36 0.8% 36
US dollar – 71 0.4% 71
Indian rupee – 472 6.6% 472
Brazilian real – 36 8.7% 36
Other – 735 5.2% 735
351 9,152 9,503
(l)
Euro leg of currency derivatives mainly relating to intra-group loans (5,889)
Total 3,614(m)
(l) Includes the euro leg of the currency derivatives relating to intra-group loans, amounting to €8,083 million (2009: €5,889 million). These
derivatives create a euro interest rate exposure. However, to reconcile the total assets with the balance sheet, the total value is eliminated
again. The other leg of the currency derivatives is shown on page 97 as part of the interest rate profile of financial liabilities.
(m) Includes fair value of financial liability-related derivatives amounting to €403 million (2009: €271 million).