Meeting everyday needs of people everywhere - Unilever
Meeting everyday needs of people everywhere - Unilever
Meeting everyday needs of people everywhere - Unilever
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Consolidated cash flow statement for the year ended 31 December<br />
<strong>Unilever</strong> Group<br />
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Fl. million<br />
1115011111501111150<br />
1999 1998 1997<br />
00000000005111150 11150 11150<br />
Cash flow from operating activities 26 12 460 9 948 12 249<br />
Continuing businesses 12 460 9 948 11 693<br />
Discontinued operations — — 556<br />
Dividends from joint ventures 61 53 58<br />
Returns on investments and servicing <strong>of</strong> finance 27 (344) 148 (808)<br />
Taxation (3 180) (2 779) (4 157)<br />
Capital expenditure and financial investment 27 (3 307) (3 083) (2 774)<br />
Acquisitions and disposals 27 (799) 744 13 749<br />
Dividends paid on ordinary share capital (2 791) (2 365) (2 062)<br />
Special dividend (13 427)<br />
11150 11150 11150<br />
Cash flow before management <strong>of</strong> liquid resources and financing (11 327) 2 666 16 255<br />
Management <strong>of</strong> liquid resources 27 12 509 (4 413) (14 122)<br />
Financing 27 (322) 92 (1 517)<br />
11150 11150 11150<br />
Increase/(decrease) in cash in the period 860 (1 655) 616<br />
00000000000000001111<br />
Reconciliation <strong>of</strong> cash flow to movement in net funds/(debt)<br />
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Net funds/(debt) at 1 January 28 12 735 10 625 (5 014)<br />
Increase/(decrease) in cash in the period 860 (1 655) 616<br />
Cash flow from decrease/(increase) in borrowings 332 (55) 1 612<br />
Cash flow from (decrease)/increase in liquid resources (12 509) 4 413 14 122<br />
11150 11150 11150<br />
Change in net funds resulting from cash flows (11 317) 2 703 16 350<br />
Borrowings within group companies acquired (63) (37) (63)<br />
Borrowings within group companies sold 10 7 292<br />
Liquid resources within group companies acquired 6 — 1<br />
Liquid resources within group companies sold — (4) (10)<br />
Non cash movements (465) (22) 72<br />
Currency retranslation 602 (537) (1 003)<br />
11150 11150 11150<br />
(Decrease)/increase in net funds in the period (11 227) 2 110 15 639<br />
11150 11150 11150<br />
Net funds/(debt) at 31 December 28 1 508 12 735 10 625<br />
00000000000000001111<br />
The notes on pages 62 to 65, 69 to 104, 106 and 107 form part <strong>of</strong> these accounts.<br />
References relate to notes on pages 86 to 88.<br />
Accounting policies <strong>of</strong> the <strong>Unilever</strong> Group are set out on pages 62 to 65.<br />
Variations from United States generally accepted accounting principles and Regulation S-X are outlined on pages 106 and 107.
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