1. Unilever Presenting the financial performance of a FTSE 100 company.

2. The company  Multinational  Lever brothers 1929  Consumer goods company  Third largest (after P&G and Nestlé)  Owns over 400 brands (f.e. Axe, Magnum, Knorr,…)  Dual-listed company: Unilever N.V. and Unilever PLC  Operate as a single business  Multinational  Lever brothers 1929  Consumer goods company  Third largest (after P&G and Nestlé)  Owns over 400 brands (f.e. Axe, Magnum, Knorr,…)  Dual-listed company: Unilever N.V. and Unilever PLC  Operate as a single business

3. Extracts of the balance sheet Assets Non-current assets Goodwill9 13.917 14.619 Intangible assets9 6.987 7.099 Property, plant and equipment10 9.344 9.445 Pension asset for funded schemes in surplus4B 991 758 Deferred tax assets6B 1.084 1.050 Financial assets17A 505 535 Other non-current assets11 563 536 33.391 34.042

4. Current assets Inventories12 3.937 4.436 Trade and other current receivables13 4.831 4.436 Current tax assets 217 Cash and cash equivalents17A 2.285 2.465 Other financial assets17A 760 401 Non-current assets held for sale22 92 192 12.122 12.147 Total assets 45.513 46.189

5. Liabilities Current liabilities Financial liabilities15C 4.010 2.656 Trade payables and other current liabilities14 11.735 11.668 Current tax liabilities 1.254 1.129 Provisions19 379 361 Liabilities associated with assets held for sale22 4 1 17.382 15.815

6. Non-current liabilities Financial liabilities15C 7.491 7.565 Non-current tax liabilities 145 100 ` Funded schemes in deficit4B 1.405 2.060 Unfunded schemes4B 1.563 2.040 Provisions19 892 846 Deferred tax liabilities6B 1.524 1.414 Other non-current liabilities14 296 400 13.316 14.425 Total liabilities 30.698 30.240

7. Extracts of the income statement € million 2013 2012 2011 Turnover2 49.797 51.324 46.467 Operating profit2 7.517 6.977 6.420 After (charging)/crediting non- core items3 501 (73) 144 Net finance costs 5 (530) (535) (543) Finance income 103 136 92 Finance costs (500) (526) (540) Pensions and similar obligations (133) (145) (95) Share of net profit/(loss) of joint ventures and associates11 113 105 113 Other income/(loss) from non- current investments 14 (14) 76 Profit before taxation 7.114 6.533 6.066 Taxation6A (1.851) (1.697) (1.575) Net profit 5.263 4.836 4.491 Attributable to: Non-controlling interests 421 468 371 4.842 4.368 4.120 Combined earnings per share7 Basic earnings per share (€)1,711,541,46 Diluted earnings per share (€) 1,661,501,42

8. Key financial ratios RatioResult Current ratio0,70 Quick ratio0,47 Total Debt to Equity0,80 Return on investment24,10% Net profit margin10,60%

9. Conclusion  Unilever is a large company in which I would invest. My interest are protected and I gain profit on every Dollar I Invest. The only thing that would hold me back is the liquidity of Unilever. These ratios are below 1, but because they have and inventory which can be converted immediately in cash this shouldn’t be a problem.

10. The end