Unilever 2013 Annual Report Download - page 136

Download and view the complete annual report

Please find page 136 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

23 RELATED PARTY TRANSATIONS
A related party is a person or entity that is related to the Group. These include both people and entities that have, or are subject to,
the influence or control of the Group.
The following related party balances existed with associate or joint venture businesses at 31 December:
Related party balances
 mllon
2013
€ million
2012
Trading and other balances due from joint ventures 130 116
Trading and other balances due from/(to) associates ––
JOINT VENTURES
Sales by Unilever group companies to Unilever Jerónimo Martins and Pepsi/Lipton Partnership were €92 million and €14 million
in2013 (2012: €78 million and €13 million) respectively. Sales from Unilever Jerónimo Martins to Unilever group companies were
€43million in 2013 (2012: €49 million). Balances owed by/(to) Unilever Jerónimo Martins andPepsi/Lipton Partnership at 31 December
2013 were €117 million and €0.2 million (2012: €116 million and €0.4million) respectively.
ASSOIATES
Langholm Capital Partners invests in private European companies with above-average longer-term growth prospects. Langholm
FundI was launched in 2002 and terminated in accordance with its fund constitution on 16 December 2013. Unilever invested
€84million over the life of the fund, and received a total of €163 million in cash proceeds.
Langholm Capital II was launched in 2009. Unilever has invested €33 million in Langholm II, with an outstanding commitment at
theend of 2013 of €42 million (2012: €44 million).
24 REMUNERATION OF AUDITORS
This note includes all amounts paid to the Group’s auditors, PricewaterhouseCoopers, whether in relation to their audit of the Group
orotherwise.
During the year the Group (including its subsidiaries) obtained the following services from the Group auditor and its associates:
 mllon
2013
€ million
2012
€ million
2011
Fees payable to PricewaterhouseCoopers for the audit of the consolidated and parent
company accounts of Unilever N.V. and Unilever PLC(a) 67 7
Fees payable to PricewaterhouseCoopers for the audit of accounts of subsidiaries of
Unilever N.V. and Unilever PLC pursuant to legislation(b) 10 11 11
Total statutory audit fees(c) 16 18 18
Audit-related assurance services 32 2
Other taxation advisory services 11 1
Services relating to corporate finance transactions –– –
Other assurance services –– –
All other non-audit services 1– 1
(a) Of which:
€1 million was paid to PricewaterhouseCoopers Accountants N.V. (2012: €1 million; 2011: €1 million); and
€5 million was paid to PricewaterhouseCoopers LLP (2012: €6 million; 2011: €6 million).
(b) Comprises fees paid to the network of separate and independent member firms of PricewaterhouseCoopers International Limited for audit work on statutory
financial statements and Group reporting returns of subsidiary companies.
(c) In addition, €1 million of statutory audit fees were payable to PricewaterhouseCoopers in respect of services supplied to associated pension schemes
(2012:€1 million; 2011: €1 million).
25 EVENTS AFTER THE BALANE SHEET DATE
Where events occurring after the balance sheet date provide evidence of conditions that existed at the end of the reporting period,
the impact of these events is adjusted within the financial statements. Otherwise, events after the balance sheet date of a material
size or nature are disclosed below.
133Unlever Annual Report and Accounts 2013 Fnancal statements