Annexure C
SIGNIFICANT ASSOCIATED COMPANIES - ADDITIONAL INFORMATION
Unilever |
||||
RMBH |
FirstRand |
Medi-Clinic |
South Africa |
|
(Financial |
(Financial |
(Industrial |
(Industrial |
|
services) |
services) |
interests) |
interests) |
|
2010 |
2010 |
2010 |
2010 |
|
| Effective interest | 25.0% |
9.1% |
45.7% |
25.8% |
R million |
R million |
R million |
R million |
|
| Carrying value of investments | 6 400 |
6 026 |
3 111 |
3 109 |
| Share of retained equity income | ||||
| – Current year | 373 |
298 |
(422) |
159 |
| Normal income | 720 |
635 |
461 |
275 |
| Dividends | (299) |
(270) |
(180) |
(116) |
| Non-recurring and capital items and impairments | (21) |
(15) |
13 |
– |
| Other changes in reserves and exchange rates | (27) |
(52) |
(716) |
– |
| – Cumulative | 3 074 |
3 270 |
1 048 |
399 |
 |
|
|
|
|
| Summarised financial information: | ||||
Per |
Per |
Per |
Per |
|
Interim |
Interim |
Annual |
Quarterly |
|
Report |
Report |
Report |
Report |
|
31/12/2009 |
31/12/2009 |
31/03/2010 |
31/03/2010 |
|
Note 1 |
||||
STATEMENT OF FINANCIAL POSITION |
||||
| Assets | ||||
| Net advances, loans and bank-related securities | 1 082 |
50 180 |
– |
– |
| Intangible assets | 13 |
5 632 |
5 243 |
10 496 |
| Property, plant and equipment and other | 143 |
7 990 |
28 046 |
2 726 |
| Investments and loans | 21 664 |
24 436 |
26 |
22 |
| Net current assets/(liabilities) | – |
(21 321) |
(4 686) |
173 |
22 902 |
66 917 |
28 629 |
13 417 |
|
| Equity and liabilities | ||||
| Shareholders’ funds | 22 902 |
56 622 |
7 616 |
12 148 |
| Long-term debt | – |
10 295 |
21 013 |
1 269 |
22 902 |
66 917 |
28 629 |
13 417 |
|
12 months |
12 months |
12 months |
12 months |
|
ended |
ended |
ended |
ended |
|
31/12/2009 |
31/12/2009 |
31/03/2010 |
31/03/2010 |
|
INCOME STATEMENT |
||||
| Headline earnings | 2 879 |
6 880 |
1 004 |
1 083 |
| Net profit for the year | 2 797 |
6 717 |
1 034 |
1 070 |
| Dividends paid | 1 197 |
2 929 |
374 |
450 |
There are no loans to these associated companies.
Note 1: This statement of financial position is at 31 December 2009 as Uniliver South Africa has not included a statement of financial
position in its quarterly report to 31 March 2010.
Note 2: The investments above represent 66% of the total carrying value of associated companies.
| Unilever | ||||
| RMBH | FirstRand | Medi-Clinic | South Africa | |
| (Financial | (Financial | (Industrial | (Industrial | |
| services) | services) | interests) | interests) | |
| 2009 | 2009 | 2009 | 2009 | |
| Effective interest | 25.0% | 9.2% | 45.9% | 25.8% |
| R million | R million | R million | R million | |
| Carrying value of investments | 6 027 | 5 728 | 3 533 | 2 950 |
| Share of retained equity income | ||||
| – Current year | 533 | 642 | (558) | 114 |
| Normal income | 761 | 816 | 294 | 229 |
| Dividends | (382) | (348) | (163) | (116) |
| Non-recurring and capital items and impairments | 55 | 51 | – | 1 |
| Other changes in reserves and exchange rates | 99 | 123 | (689) | – |
| – Cumulative | 2 701 | 2 972 | 1 470 | 240 |
|
|
|
|
|
| Summarised financial information: | ||||
| Per | Per | Per | Per | |
| Interim | Interim | Annual | Quarterly | |
| Report | Report | Report | Report | |
| 31/12/2008 | 31/12/2008 | 31/03/2009 | 31/03/2009 | |
| Note 1 | ||||
STATEMENT OF FINANCIAL POSITION |
||||
| Assets | ||||
| Net advances, loans and bank-related securities | 1 071 | 40 071 | – | – |
| Intangible assets | 26 | 5 284 | 6 293 | 10 423 |
| Property, plant and equipment and other | 116 | 8 805 | 32 479 | 1 875 |
| Investments and loans | 20 202 | 25 656 | 32 | 23 |
| Net current assets/(liabilities) | – | (12 472) | (5 469) | (182) |
| 21 415 | 67 344 | 33 335 | 12 139 | |
| Equity and liabilities | ||||
| Shareholders’ funds | 21 415 | 53 181 | 7 989 | 11 643 |
| Long-term debt | – | 14 163 | 25 346 | 496 |
| 21 415 | 67 344 | 33 335 | 12 139 | |
| 12 months | 12 months | 12 months | 12 months | |
| ended | ended | ended | ended | |
| 31/12/2008 | 31/12/2008 | 31/03/2009 | 31/03/2009 | |
Income statement |
||||
| Headline earnings | 3 043 | 8 779 | 627 | 898 |
| Net profit for the year | 3 262 | 9 338 | 639 | 894 |
| Dividends paid | 1 712 | 4 289 | 339 | 450 |
There are no loans to these associated companies.
Note 1: This statement of financial position is at 31 December 2008 as Uniliver South Africa has not included a statement of financial
position in its quarterly report to 31 March 2009.
Note 2: The investments above represent 75% of the total carrying value of associated companies.