Report & accounts 2002 in full - Unilever
Report & accounts 2002 in full - Unilever
Report & accounts 2002 in full - Unilever
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136 Notes to the company <strong>accounts</strong><br />
<strong>Unilever</strong> PLC<br />
Fixed assets<br />
Goodwill and Intangibles<br />
<strong>Unilever</strong> Annual <strong>Report</strong> & Accounts and Form 20-F <strong>2002</strong><br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
Goodwill – –<br />
Intangible assets 3 –<br />
Fixed <strong>in</strong>vestments<br />
3 –<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
Shares <strong>in</strong> group companies 2 237 2 237<br />
Book value of PLC shares held <strong>in</strong><br />
connection with share options 219 196<br />
2 456 2 433<br />
Shares <strong>in</strong> group companies<br />
Shares <strong>in</strong> group companies are stated at cost or valuation, less<br />
amounts written off.<br />
£ million<br />
<strong>2002</strong><br />
Movements dur<strong>in</strong>g the year:<br />
1 January 2 237<br />
Additions 36<br />
Disposals (36)<br />
31 December 2 237<br />
Shares held <strong>in</strong> connection with share options £ million<br />
<strong>2002</strong><br />
Movements dur<strong>in</strong>g the year:<br />
1 January 196<br />
Additions 55<br />
Disposals (30)<br />
Valuation adjustments (2)<br />
31 December 219<br />
Debtors<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
Due with<strong>in</strong> one year:<br />
Amounts owed by group companies 720 1 928<br />
Other 67 79<br />
787 2 007<br />
Due after more than one year:<br />
Other 27 –<br />
Cash and current <strong>in</strong>vestments<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
This <strong>in</strong>cludes amounts for which<br />
repayment notice is required 33 138<br />
Creditors<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
Due with<strong>in</strong> one year:<br />
Amounts owed to group companies 752 1 349<br />
Bonds and other loans 915 1 043<br />
Taxation and social security 135 34<br />
Dividends 311 284<br />
Other 9 2<br />
Accruals and deferred <strong>in</strong>come 4 9<br />
2 126 2 721<br />
Due after more than one year:<br />
Bonds and other loans – 763<br />
Profit reta<strong>in</strong>ed<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
1 January 948 935<br />
Profit for the year 546 430<br />
Dividends on ord<strong>in</strong>ary and deferred shares (460) (417)<br />
31 December 1 034 948<br />
Cont<strong>in</strong>gent liabilities<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
These are not expected to give rise to any<br />
material loss and <strong>in</strong>clude guarantees given<br />
for group companies, under which amounts<br />
outstand<strong>in</strong>g at 31 December were: 8 077 8 526<br />
Of the above, guaranteed also by NV 3 816 3 817<br />
Remuneration of auditors<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
Parent company audit fee 1.6 1.4<br />
Payments by the parent company for<br />
non-audit services provided by<br />
PricewaterhouseCoopers United K<strong>in</strong>gdom (a) 9.3 17.3<br />
(a) See also note 2 on page 77.<br />
Profit appropriation<br />
£ million £ million<br />
<strong>2002</strong> 2001<br />
The proposed appropriation of the profit<br />
of PLC is as follows:<br />
Interim and recommended f<strong>in</strong>al dividends 460 417<br />
Profit for the year reta<strong>in</strong>ed 86 13
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