Meeting everyday needs of people everywhere - Unilever

Unilever Group Notes to the consolidated accounts
1 Segmental information (continued)
0000000000000§0001111
Fl. million
5110511
1999 1998
0000000000000010 10
Net operating assets (d)(e)
By geographical area:
Europe 7 572 7 187
North America 4 399 3 831
Africa and Middle East 1 794 1 542
Asia and Pacific 3 304 2 825
Latin America 3 350 3 019
10 10
20 419 18 404
10 10
By operation: (c)(d)
Foods – Oil & dairy based foods and bakery 2 786 2 854
– Ice cream and beverages 5 516 4 935
– Culinary and frozen foods 3 414 2 991
Home care and professional cleaning 4 715 4 046
Personal care 3 641 3 213
Other Operations 347 365
10 10
20 419 18 404
0000000000000§0001111
Additional segmental information as required by SFAS 131
Unilever is organised as a matrix; accordingly segmental information is provided in accordance with SFAS 131 on the basis of product
categories. For management reporting purposes Unilever uses a number of measures of segment performance at constant average
rates of exchange (that is, the same rates as in the preceding year). The internal management measure of profit which is most
consistent with operating profit reported in the accounts is ‘Trading Result’. This measure differs from operating profit, mainly because
it includes depreciation on the basis of replacement cost, and a number of other adjustments, including the application of an inflation
charge on working capital which is added back to arrive at operating profit, and certain other statistical items. Fixed assets are
measured at depreciated replacement cost for management reporting purposes.
0000000000000§0001111
Fl. million
00000000000511
1999 1998 1997
00001511011101110 11011101110 11011101110
Exchange Exchange Exchange
At constant rates At current At constant rates At current At constant rates At current
1998 ratesadjustments 1999 rates 1997 rates adjustments 1998 rates 1996 rates adjustments 1997 rates
000015110 110 110 110 110 110 110 110 110
Turnover
By operation:
Foods – Oil & dairy based foods
and bakery 16 187 (149) 16 038 17 196 (244) 16 952 16 614 1 073 17 687
– Ice cream and beverages 14 657 (32) 14 625 14 987 (394) 14 593 13 134 1 064 14 198
– Culinary and frozen foods 14 539 (19) 14 520 14 885 (45) 14 840 14 151 1 180 15 331
Home care and professional cleaning 20 555 (490) 20 065 20 228 (806) 19 422 17 606 1 744 19 350
Personal care 23 423 100 23 523 23 617 (1 646) 21 971 19 756 2 046 21 802
Other Operations 1 529 (4) 1 525 1 480 (146) 1 334 1 932 300 2 232
Speciality Chemicals 3 677 320 3 997
110 110 110 110 110 110 110 110 110
Total 90 890 (594) 90 296 92 393 (3 281) 89 112 86 870 7 727 94 597
110 110 110 110 110 110 110 110 110
Trading result
By operation:
Foods – Oil & dairy based foods
and bakery 1 442 (12) 1 430 1 435 (31) 1 404 822 24 846
– Ice cream and beverages 1 229 14 1 243 1 168 3 1 171 1 003 85 1 088
– Culinary and frozen foods 1 115 21 1 136 1 286 — 1 286 574 79 652
Home care and professional cleaning 1 791 (16) 1 775 1 890 (42) 1 848 1 320 125 1 445
Personal care 3 338 2 3 340 2 997 (224) 2 773 2 271 205 2 476
Other Operations 169 2 171 964 69 1 033 126 8 134
Speciality Chemicals 398 35 433
110 110 110 110 110 110 110 110 110
Total trading result 9 084 11 9 095 9 740 (225) 9 515 6 513 560 7 074
110 110 110 110 110 110
Other adjustments 387 203 489
110 110 110
Total operating profit 9 482 9 718 7 563
110 110 110