Unilever 2013 Annual Report Download - page 111

Download and view the complete annual report

Please find page 111 of the 2013 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

6C. TAX ON OTHER COMPREHENSIVE INCOME
Income tax is recognised in other comprehensive income for items recognised directly in equity.
Tax effects of the components of other comprehensive income were as follows:
 mllon
Before
tax
2013
 mllon
Tax
charge/
credt
2013
 mllon
After
tax
2013
€ million
Before
tax
2012
(Restated)
€ million
Tax
charge/
credit
2012
(Restated)
€ million
After
tax
2012
(Restated)
Fair value gains/(losses) on financial instruments 121 (15) 106 (130) 5(125)
Actuarial gains/(losses) on pension schemes 942 (245) 697 (611) 114 (497)
Currency retranslation gains/(losses) (980) (19) (999) (307) (9) (316)
83 (279) (196) (1,048) 110 (938)
7 OMBINED EARNINS PER SHARE
The calculations of combined earnings per share are based on the net profit attributable to ordinary share capital divided by the
average number of share units representing the combined ordinary share capital of NV and PLC in issue during the year, after
deducting shares held as treasury stock.
The calculations of diluted earnings per share and core earnings per share (Core EPS) are based on: (i) conversion into PLC ordinary
shares of those shares in a group company which are convertible in the year 2038, as described in the Corporate Governance report
on page 42; and (ii) the effect of share-based compensation plans, details of which are set out in note 4C on pages 104 to 105.
ombned earnngs per share
2013
€
2012
(Restated)
€
2011
(Restated)
Basic earnings per share 171 1.54 1.46
Diluted earnings per share 166 1.50 1.42
Core EPS 158 1.53 1.37
Millions of share units
alculaton of average number of share unts 2013 2012 2011
Average number of shares: NV 1,7147 1,714.7 1,714.7
PLC 1,3102 1,310.2 1,310.2
Less shares held by employee share trusts and companies (1868) (196.1) (209.0)
Combined average number of share units 2,8381 2,828.8 2,815.9
Add shares issuable in 2038 709 70.9 70.9
Add dilutive effect of share-based compensation plans 150 16.2 21.3
Diluted combined average number of share units 2,9240 2,915.9 2,908.1
alculaton of earnngs
 mllon
2013
€ million
2012
(Restated)
€ million
2011
(Restated)
Net profit 5,263 4,836 4,491
Non-controlling interests (421) (468) (371)
Net profit attributable to shareholders’ equity 4,842 4,368 4,120
alculaton of core earnngs Notes
 mllon
2013
€ million
2012
€ million
2011
Net profit attributable to shareholders’ equity 4,842 4,368 4,120
Post-tax impact of non-core items 3(235) 87 (138)
Core profit attributable to shareholders’ equity 4,607 4,455 3,982
108 Unlever Annual Report and Accounts 2013Fnancal statements
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
UNILEVER GROUP CONTINUED