* Vandepitte Haike * 3AFC. * Introduction * Balance sheet & income statement * Financial performance * Financial ratios * Conclusion.

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Presentation transcript:

* Vandepitte Haike * 3AFC

* Introduction * Balance sheet & income statement * Financial performance * Financial ratios * Conclusion

* Founded in September 1929 by Lever brothers * Multinational consumer goods company * Food * Cleaning goods * Personal care products * Headquartered in London and Rotterdam * World’s third-largest consumer goods company * Over 400 brands (Lipton, Magnum, Rexona,…) * 174,000 employees

as at 31 December € million Notes (Restated) Assets Non-current assets Goodwill Intangible assets Property, plant and equipment Pension asset for funded schemes in surplus4B Deferred tax assets6B Financial assets17A Other non-current assets Current assets Inventories Trade and other current receivables Current tax assets 217 Cash and cash equivalents17A Other financial assets17A Non-current assets held for sale Total assets

Liabilities Current liabilities Financial liabilities15C Trade payables and other current liabilities Current tax liabilities Provisions Liabilities associated with assets held for sale Non-current liabilities Financial liabilities15C Non-current tax liabilities ` Funded schemes in deficit4B Unfunded schemes4B Provisions Deferred tax liabilities6B Other non-current liabilities Total liabilities Equity Shareholders’ equity Called up share capital15A 484 Share premium account Other reserves15B (6.746) (6.196) Retained profit Shareholders’ equity Non-controlling interests15B Total equity Total liabilities and equity

for the year ended 31 December € million Notes (Restated) (a) Turnover Operating profit After (charging)/crediting non-core items3 501 (73) 144 Net finance costs 5 (530) (535) (543) Finance income Finance costs (500) (526) (540) Pensions and similar obligations (133) (145) (95) Share of net profit/(loss) of joint ventures and associates Other income/(loss) from non-current investments 14 (14) 76 Profit before taxation Taxation6A (1.851) (1.697) (1.575) Net profit Attributable to: Non-controlling interests Combined earnings per share7 Basic earnings per share (€)1,711,541,46 Diluted earnings per share (€) 1,661,501,42

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME for the year ended 31 December € million Notes (Restated) Net profit Other comprehensive income6C Items that will not be reclassified to profit or loss: Actuarial gains/(losses) on pension schemes net of tax 15B 697 (497) (1.097) Items that may be reclassified subsequently to profit or loss: Currency retranslation gains/(losses) net of tax(a)15B (999) (316) (703) Fair value gains/(losses) on financial instruments net of tax15B 106 (125) (168) Total comprehensive income Attributable to: Non-controlling interests Shareholders’ equity (a) Includes fair value gains/(losses) on net investment hedges of €275 million (2012: €(160) million; 2011: €45 million).

Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Current ratio0,700,770,800,920,93 Quick ratio0,420,430,490,470,57

Dec 31, 2013Dec 31, 2012Dec 31, 2011Dec 31, 2010Dec 31, 2009 Return on Sales Operating profit margin15,10%13,62%13,84%14,32%12,61% Return on Investment Return on equity (ROE)33,76%29,55%29,75%29,30%27,93%