Unilever 2015 Annual Report Download - page 116

8 DIVIDENDS ON ORDINARY APITAL
Dvdends are recognsed on the date that the shareholder’s rght to receve payment s establshed Ths s generally the date when
the dvdend s declared
Dvdends on ordnary captal durng the year
 mllon
2015
 mllon
2014
 mllon
2013
NV dvdends (1,862) (1,757) (1,638)
PL dvdends (1,542) (1,439) (1,343)
(3,404) (3,196) (2,981)
Four quarterly nterm dvdends were declared and pad durng 2015 totallng 119 (2014 112) per NV ordnary share and £087
(2014 £091) per PL ordnary share
Quarterly dvdends of 030 per NV ordnary share and £023 per PL ordnary share were declared on 19 January 2016, to be payable
n March 2016 See note 26 ‘Events after the balance sheet date’ on page 135 Total dvdends declared n relaton to 2015 were 121
(2014114) per NV ordnary share and £088 (2014 £090) per PL ordnary share
9 OODWILL AND INTANIBLE ASSETS
OODWILL
oodwll s ntally recognsed based on the accountng polcy for busness combnatons (see note 21) oodwll s subsequently
measured at cost less amounts provded for mparment The roup’s cash generatng unts (Us) are based on the four product
categores and the three geographcal areas
oodwll acqured n a busness combnaton s allocated to the roup’s Us, or groups of Us, that are expected to beneft from the
synerges of the combnaton These mght not always be the same as the Us that nclude the assets and labltes of the acqured
busness Each unt or group of unts to whch the goodwll s allocated represents the lowest level wthn the roup at whch the goodwll
s montored for nternal management purposes, and s not larger than an operatng segment
INTANIBLE ASSETS
Separately purchased ntangble assets are ntally measured at cost On acquston of new nterests n group companes, Unlever
recognses any specfcally dentfable ntangble assets separately from goodwll Intangble assets are ntally measured at far
value as at the date of acquston
Fnte-lfe ntangble assets manly comprse patented and non-patented technology, know-how and software These assets are
captalsed and amortsed on a straght-lne bass n the ncome statement over the perod of ther expected useful lves, or the perod
of legal rghts f shorter None of the amortsaton perods exceeds ten years Indefnte-lfe ntangbles manly comprse trademarks
and brands These assets are captalsed at cost but are not amortsed They are subect to a revew for mparment annually, or more
frequently f events or crcumstances ndcate ths s necessary Any mparment s charged to the ncome statement as t arses
Internally produced ntangbles generally are not captalsed unless t can be demonstrated that the recognton crtera are met
RESEARH AND DEVELOPMENT
Development expendture s captalsed only f the costs can be relably measured, future economc benefts are probable, the product
s techncally feasble and the roup has the ntent and the resources to complete the proect Research expendture s recognsed n
proft or loss as ncurred
109Unilever Annual Report and Accounts 2015 Financial statements