Unilever 2012 Annual Report Download - page 144

Download and view the complete annual report

Please find page 144 of the 2012 Unilever annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 153

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153

ABOUT UNILEVER GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDER INFORMATION
141Unilever Annual Report and Accounts 2012 Financial statements
Intangble assets
£ mllon
2012
£ million
2011
Intangible assets(a) 166 59
(a) The increase in the intangible assets mainly relates to an internal transfer
of the economic ownership of trademark rights amounting to £105 million
(after deduction of the 2012 depreciation).
Fxed nvestments
£ mllon
2012
£ million
2011
Shares in group companies(b) 5,979 5,979
(b) Fixed asset investments comprise equity shares of the associated company
Hindustan Unilever Limited, with a cost of £60 million (2011: £60 million).
These are listed on the Bombay Stock Exchange and had a market value
of £4,721 million (2011: £3,880 million) at 31 December 2012. The carrying
value of the investments is supported by their underlying net assets.
Debtors
£ mllon
2012
£ million
2011
Due wthn one year
Amounts owed by group companies(c) 240 418
Taxation and social security 15 7
Other 13
256 428
(c) Amounts owed by group companies include balances with several
group companies which are interest bearing at market interest rates
and are unsecured and repayable on demand if this is the case.
redtors
£ mllon
2012
£ million
2011
Due wthn one year
Amounts owed to group companies(d) 3,638 3,764
Accruals and deferred income 11 11
Other 23
3,651 3,778
Due after more than one year
Bonds and other loans(e) 746 745
(d) Amounts owed to group companies include balances with several
group companies which are interest bearing at market interest rates
and are unsecured and repayable on demand if this is the case.
(e) In 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 £348 million); and
•on17June£400millionat4.75%maturingJune2017
(year-endvalue amortised cost £398 million).
Provsons for labltes and charges
(excludng pensons andsmlar oblgatons)
£ mllon
2012
£ million
2011
Deferred taxation 78
Other provisions 11
89
Of which due within one year 11
Ordnary share captal
The called up share capital amounting to £41 million
(2011: £41 million) consists of 1,310,156,361 (2011: 1,310,156,361)
PLC ordinary shares and 100,000 (2011: 100,000) PLC deferred
stock. The deferred stock of PLC are held as to one half of each
class by N.V. Elma – a subsidiary of NV – and one half by United
Holdings Ltd – asubsidiary of PLC. Further details are given
in note 15 to the consolidated accounts on pages 112 to 115.
Other reserves
The own ordinary shares held by PLC amount to 27,902,850
(2011:29,739,105) and are included in Other reserves.
£ mllon
2012
£ million
2011
1 January (405) (428)
Movements in shares 24 23
31 December (381) (405)
Proft retaned
£ mllon
2012
£ million
2011
1 January 2,193 2,090
Profit for the year 1,028 1,076
Other movements –6
Dividends(f) (990) (979)
31 December 2,231 2,193
(f) Further details are given in note 8 to the consolidated accounts on
page 105.
ontngent labltes
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.
Remuneraton of audtors
The parent company accounts of Unilever PLC are required to
comply with The Companies (Disclosure of Auditor Remuneration)
Regulations 2005. Auditor’s remuneration in respect of Unilever
PLC is included within the disclosures in note 24 on page 129.
Proft appropraton
£ mllon
2012
£ million
2011
Profit for the year (available for distribution) 1,028 1,076
Dividends(g) (749) (752)
To profit retained 279 324
(g) The dividend to be paid in March 2013 (see post balance sheet event) is not
included in the 2012 dividend amount.
Post balance sheet event
On 23 January 2013 the Directors announced a dividend of
£0.2039perUnilever PLC ordinary share. The dividend is payable
from13 March 2013 to shareholders registered at close of
business on8 February 2013.