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ABOUT UNILEVER GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDER INFORMATION
85Unilever Annual Report and Accounts 2012 Financial statements
AUDITOR’S REPORT UNITED KINDOM
Independent audtor’s report
to the members of Unlever PL
We have audited the group financial statements of Unilever
Group for the year ended 31 December 2012 which comprise
the consolidated income statement, consolidated statement
of comprehensive income, consolidated statement of changes
in equity, consolidated balance sheet, consolidated cash flow
statement, and the related notes on pages 86 to 131. The financial
reporting framework that has been applied in their preparation
is applicable law and International Financial Reporting Standards
(IFRSs) as adopted by the European Union.
Respectve responsbltes of Drectors and audtors
As explained more fully in the Statement of Directors’
responsibilities set out on page 83, the Directors are responsible
for the preparation of the group financial statements and for being
satisfied that they give a true and fair view. Our responsibility is to
audit and express an opinion on the group financial statements in
accordance with applicable law and International Standards on
Auditing (UK and Ireland). Those standards require us to comply
with the Auditing Practices Board’s Ethical Standards for Auditors.
This report, including the opinions, has been prepared for and only
for the parent company’s members as a body in accordance with
Chapter 3 of Part 16 of the Companies Act 2006 and for no other
purpose. We do not, in giving these opinions, accept or assume
responsibility for any other purpose or to any other person to whom
this report is shown or into whose hands it may come save where
expressly agreed by our prior consent in writing.
Scope of the audt of the fnancal statements
An audit involves obtaining evidence about the amounts and
disclosures in the group financial statements sufficient to give
reasonable assurance that the financial statements are free
from material misstatement, whether caused by fraud or error.
This includes an assessment of: whether the accounting
policies are appropriate to the group’s circumstances and
have been consistently applied and adequately disclosed; the
reasonableness of significant accounting estimates made by
the Directors; and the overall presentation of the group financial
statements. In addition, we read all the financial and non-financial
information in the Annual Report and Accounts 2012 to identify
material inconsistencies with the audited financial statements.
If we become aware of any apparent material misstatements
or inconsistencies we consider the implications for our report.
Opnon on fnancal statements
In our opinion the group financial statements:
• give a true and fair view of the state of the Group’s affairs
as at 31 December 2012 and of its profit and cash flows for
the year then ended;
• have been properly prepared in accordance with IFRSs
as adopted by the European Union; and
• have been prepared in accordance with the requirements of
the Companies Act 2006 and Article 4 of the IAS Regulation.
Separate opnon n relaton to IFRSs as ssued by the IASB
As explained in note 1 to the group financial statements, the
Group in addition to complying with its legal obligation to apply
IFRSs as adopted by the European Union, has also applied IFRSs
as issued by the International Accounting Standards Board (IASB).
In our opinion the group financial statements comply with IFRSs
as issued by the IASB.
Opnon on other matters prescrbed by the ompanes Act 2006
In our opinion, the information given in the Directors’ Report set
out on pages 142 and 143 for the financial year for which the group
financial statements are prepared is consistent with the group
financial statements.
Matters on whch we are requred to report by excepton
We have nothing to report in respect of the following:
Under the Companies Act 2006 we are required to report to you if,
in our opinion:
• certain disclosures of Directors’ remuneration specified
by law are not made; or
• we have not received all the information and explanations
we require for our audit.
Under the Listing Rules we are required to review:
• the Directors’ statement, set out on page 83, in relation to
going concern;
• the part of the Corporate Governance statement relating to the
parent company’s compliance with the nine provisions of the
UK Corporate Governance Code specified for our review; and
• certain elements of the report to shareholders by the Board
on Directors’ remuneration.
Other matters
We have reported separately on the parent company financial
statements of Unilever PLC for the year ended 31 December 2012
and on the information in the Directors’ Remuneration Report that
is described as having been audited.
John Baker
(Senior Statutory Auditor)
for and on behalf of PricewaterhouseCoopers LLP
Chartered Accountants and Statutory Auditors
London
5 March 2013