Unilever 2015 Annual Report Download - page 141
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Please find page 141 of the 2015 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.22 ASSETS AND LIABILITIES HELD FOR SALE
Non-current assets and groups of assets and labltes whch comprse dsposal groups are classfed as ‘held for sale’ when all of
the followng crtera are met a decson has been made to sell the assets are avalable for sale mmedately the assets are beng
actvely marketed and a sale has been agreed or s expected to be concluded wthn 12 months of the balance sheet date
Immedately pror to classfcaton as held for sale, the assets or groups of assets are remeasured n accordance wth the roup’s
accountng polces Subsequently, assets and dsposal groups classfed as held for sale are valued at the lower of book value or
far value less dsposal costs Assets held for sale are not deprecated
mllon
2015
mllon
2014
roups of assets held for sale
oodwll and ntangbles 43 12
Property, plant and equpment 73 4
Inventores 35 1
Trade and other recevables 3 1
Other 5 5
159 23
Non-current assets held for sale
Property, plant and equpment 20 24
Labltes held for sale
Labltes assocated wth assets held for sale 61
23 RELATED PARTY TRANSATIONS
A related party s a person or entty that s related to the roup These nclude both people and enttes that have, or are subect to, the
nfluence or control of the roup
The followng related party balances exsted wth assocate or ont venture busnesses at 31 December
Related party balances
mllon
2015
mllon
2014
Tradng and other balances due from ont ventures 116 105
Tradng and other balances due from/(to) assocates ––
JOINT VENTURES
Sales by Unlever group companes to Unlever Jerónmo Martns and Peps Lpton ont ventures were 121 mllon and 69 mllon
n 2015 (2014 106 mllon and 51 mllon) respectvely Sales from Unlever Jerónmo Martns and from Peps Lpton ont ventures
to Unlever group companes were 46 mllon and 51 mllon n 2015 (2014 46 mllon and 54 mllon) respectvely Balances
owed by/(to) Unlever Jerónmo MartnsandPeps Lpton ont ventures at 31 December 2015 were 121 mllon and (5) mllon
(2014 112 mllon and (6) mllon) respectvely
ASSOIATES
Langholm aptal Partners nvests n prvate European companes wth above-average longer-term growth prospects
Langholm aptal II was launched n 2009 Unlever has nvested 55 mllon n Langholm II, wth an outstandng commtment
at the end of 2015 of 20 mllon (2014 40 mllon)
134 Unilever Annual Report and Accounts 2015Financial statements
NOTES TO THE ONSOLIDATED FINANIAL STATEMENTS
UNILEVER ROUP ONTINUED