Meeting everyday needs of people everywhere - Unilever

Unilever Group Notes to the consolidated accounts
19 Capital and reserves
0000§0000
Fl. million
111011111050
1999 1998 1997
5110001110 1110 1110
Movements during the year:
1 January 10 464 24 734 15 350
Profit of the year retained 3 319 (12 628) 8 631
Goodwill written back on
the sale of speciality
chemicals businesses — — 1 729
Other goodwill movements 83 6 (1 606)
Currency retranslation 774 (1 329) 701
Change of book value of
shares or certificates held
in connection with share
options (582) (319) (72)
Issue of new shares under
PLC share option schemes 2 — 1
Issue of new NV preference
shares 3 045
1110 1110 1110
31 December 17 105 10 464 24 734
1110 1110 1110
As required by United Kingdom
Financial Reporting Standard 4
capital and reserves can be
analysed as follows:
Equity:
Ordinary capital 13 795 10 199
Non-equity:
7% Cumulative Preference 29 29
6% Cumulative Preference 161 161
4% Cumulative Preference 75 75
10 cents Cumulative Preference 3 045
1110 1110
Total non-equity 3 310 265
1110 1110
17 105 10 464
1110 1110
Share capital and share premium
On 9 June 1999 NV issued 211 473 785 cumulative preference
shares to those shareholders who elected to receive shares
instead of the special dividend. The 10 cents cumulative
preference shares were issued at a notional value of Fl. 14.50 per
share, which is equal to the amount of the special dividend, of
which Fl. 14.40 was credited to the share premium account.
Further details are set out in note 20 on page 80 and in the share
premium account note on page 112.
The issued share capital of NV increased by Fl. 21 million as a
result of the issue of the 10 cents cumulative preference shares.
NV share premium account increased by Fl. 3 024 million after
charging issue costs of Fl. 21 million.
A small number of PLC shares were allotted during the year
under the PLC 1985 Executive Share Option Schemes.
0000§0000