Unilever 2012 Annual Report Download - page 139
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NOTES TO THE OMPANY AOUNTS UNILEVER NV continued
Net penson lablty
mllon
2012
€ million
2011
Funded retirement (benefit)/liability 2(4)
Unfunded retirement liability 110 96
112 92
ontngent labltes
NV has issued joint and several liability undertakings, as defined
in Article 403 of Book 2 of the Civil Code in the Netherlands, for
almost all Dutch group companies. These written undertakings
have been filed with the office of the Company Registry in whose
area of jurisdiction the group company concerned has its
registered office.
Contingent liabilities are not expected to give rise to any material
loss. They include guarantees given for group companies and the
fair value of such guarantees was not significant in either 2012 or
2011. The guarantees issued to other companies were immaterial.
Remuneraton of the audtors
For details of the remuneration of the auditors please refer
to note 24 on page 129.
Proft for the year
mllon
2012
€ million
2011
Company accounts Unilever N.V. 1,486 1,398
Unilever Group excluding non-controlling interest 4,480 4,252
The net profit of Unilever Group of €4,480 million (2011: €4,252
million) includes the net profit of parent Unilever N.V. €1,486 million
(2011: €1,398 million) and the net profit of parent Unilever PLC
£1,028 million (2011: £1,076 million). The remaining difference arises
from the recognition in NV accounts of investments in subsidiaries
at cost less any amounts written off to reflect a permanent
impairment, intra-group balances and transactions are not
eliminated and other consolidated procedures are not performed.
Drectors’ remuneraton
Information about the remuneration of Directors is given in the
tables noted as audited in the Directors’ Remuneration Report
onpages 62 to81, incorporated and repeated here by reference.
Information on key management compensation is provided in
note 4A to the consolidated group financial statements on page 95.
Employee nformaton
During 2012 13 employees were employed by NV, of whom 12
worked abroad.
The Board of Drectors
5 March 2013