Unilever 2011 Annual Report Download - page 73

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70
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS UNILEVER GROUP continued
2. Segment information
Segmental reporting
Our operating and reportable segments are the three operating regions of Asia, Africa and Central & Eastern Europe (Asia Africa
CEE), TheAmericas and Western Europe. Additional information is provided by product category area; our products are sold
across all operating regions.
Revenue recognition
Turnover comprises sales of goods and services after the deduction of discounts, sales taxes and estimated returns. It does not
include sales between group companies. Discounts given by Unilever include rebates, price reductions and incentives given to
customers, promotional couponing and trade communication costs.
Turnover is recognised when the risks and rewards of the underlying products and services have been substantially transferred to
the customer. Depending on individual customer terms, this can be at the time of dispatch, delivery or upon formal customer
acceptance. Revenue from services is recognised as the services are performed.
The analysis of turnover by geographical area is stated on the basis of origin. Inter-segment sales are carried out at arm’s length and
were not material. Other non-cash charges include charges to the income statement during the year in respect of the share-based
compensation, impairment and provisions. Segment results are presented on the basis ofoperating profit.
€ million
Asia Africa
CEE
€ million
The
Americas
€ million
Western
Europe
€ million
Total
2011
Turnover 18,947 15,251 12,269 46,467
Operating profit 2,216 2,250 1,967 6,433
Restructuring, disposals, impairments and other one-off items (RDIs)(a) (195) (131) (142) (468)
Operating profit before RDIs 2,411 2,381 2,109 6,901
Share of net profit/(loss) of joint ventures and associates (1) 67 47 113
Depreciation and amortisation (353) (286) (390) (1,029)
Impairment and other non-cash charges (100) (315) (196) (611)
2010
Turnover 17,685 14,562 12,015 44,262
Operating profit 2,253 2,169 1,917 6,339
Restructuring, disposals, impairments and other one-off items (RDIs)(a) (108) (159) (14) (281)
Operating profit before RDIs 2,361 2,328 1,931 6,620
Share of net profit/(loss) of joint ventures and associates (1) 69 43 111
Depreciation and amortisation (323) (292) (378) (993)
Impairment and other non-cash charges (48) (188) (290) (526)
2009
Turnover 14,897 12,850 12,076 39,823
Operating profit 1,927 1,843 1,250 5,020
Restructuring, disposals, impairments and other one-off items (RDIs)(a) (147) (231) (490) (868)
Operating profit before RDIs 2,074 2,074 1,740 5,888
Share of net profit/(loss) of joint ventures and associates – 62 53 115
Depreciation and amortisation (301) (311) (407) (1,019)
Impairment and other non-cash charges (111) (196) (194) (501)
(a) Restructuring, disposals, impairments and other one-off items. See note 3 for further information.
Unilever Annual Report and Accounts 2011
Financial statements