17
MAKING SUSTAINABLE LIVING COMMONPLACE CHARTS 2016
MAKING SUSTAINABLE LIVING
COMMONPLACE
CHARTS 2016
UNILEVER CHARTS 2016
The following pages give selected financial and non-financial information expressed in graphic form
Turnover and underlying sales growth _________________________2
Operating profit____________________________________________3
Operating margins _________________________________________4
Core Operating margins_____________________________________5
Profit margins _____________________________________________6
Research and development advertising and promotions brand and marketing investment _____________________________7
Net funds(debt) and Cash Flow ______________________________8
Acquisitions and disposals___________________________________9
Net capital expenditure ____________________________________10
Employee numbers and staff costs___________________________11
Distribution of shares and market capitalisation _______________12
Earnings per share dividend and share information ____________13
Share information NV ndash US PLC ndash Pounds sterling_____________14
Non financial indicators ____________________________________15
NOTES Results and cash flows are based on average current rates of exchange applicable in each year Balance sheet information is translated at closing rates for the relevant year
Where possible the information is provided for a period of 10 years 2007-2016 In certain circumstances where a measure is introduced after 2007 information is provided for a shorter period of time
2 TURNOVER AND UNDERLYING SALES GROWTH
07 08 09 10 11 12 13 14 15 16
TURNOVER
euro million 40187 40523 39823 44262 46467 51324 49797 48436 53272 52713
BY PRODUCT AREA AS OF TOTAL TURNOVER
Personal Care 28 28 30 31 33 35 36 37 38
Foods 35 35 33 32 30 28 27 26 24
Refreshment 19 19 20 19 19 19 19 19 19
Home Care 18 18 17 18 18 18 18 19 19
38
24
19
19
Total 100 100 101 101 100 100 100 100 100 100
Underlying sales growth () 55 74 35 41 65 69 43 29 41
Underlying volume growth () 37 01 23 58 16 34 25 10 21
Underlying price growth () 18 72 12 (16) 48 33 18 19 19 28
37
09
BY GEOGRAPHICAL AREA AS OF TOTAL TURNOVER AsiaAMETRUB (a) 31 32 36 37 38 40 40 41 42 The Americas 33 32 32 33 33 33 33 32 33 Europe 36 36 33 30 29 27 27 27 25
43 32 25
Total 100 100 101 100 100 100 100 100 100 100
Figures are presented on the basis of continuing operations as at 31 December 2016 (a) Refers to Asia Africa Middle East Turkey Russia Ukraine and Belarus
3 OPERATING PROFIT
07 08 09 10 11 12 13 14 15 16
7801
8046
48
28
12
12
OPERATING PROFIT
euro million 5231 7153
CORE OPERATING PROFIT(a)
euro million
5006 6325
6017
6420
6276
6977
7050
7517
7016
7980
7020
7515
7865
BY PRODUCT AREA AS OF TOTAL OPERATING PROFIT
Personal Care 34 25
Foods 39 45
Refreshment 11 17
Home Care 16 13
Total 100 100
37
37
12
14
100
36
45
8
11
100
39
42
8
11
101
42
37
8
13
100
41
41
7
11
100
41
45
7
7
100
48
31
10
11
100
BY GEOGRAPHICAL AREA AS OF TOTAL OPERATING PROFIT
AsiaAMETRUB 30 23
The Americas 38 41
Europe 32 36
Total 100 100
37
37
26
100
34
34
32
100
33
35
32
100
38
35
27
100
37
38
25
100
33
40
27
100
40
30
30
100
100
42
32
26
100
Figures are presented on the basis of continuing operations as at 31 December 2016 (a) From 2010 we report on core operating profit which means operating profit before the impact of business disposals acquisitions and disposal related costs impairments and other
one-off items
4 OPERATING MARGINS
07 08 09 10 11 12 13 14 15 16
184
174
97
95
OPERATING MARGIN
Personal Care 158 160 155 167 164 162 170 184 181
Foods 147 226 138 201 192 180 228 292 178
Refreshment 106 119 94 84 82 93 91 59 83
Home Care 81 168 88 61 58 60 59 63 73
148Total 130 177 126 143 138 136 151 165 141
OPERATING MARGIN
AsiaAMETRUB 127 125 132 130 119 130 138 133 135
The Americas 150 227 146 149 147 147 176 208 131
Europe 114 179 100 152 153 137 140 160 164
Total 130 177 126 143 138 136 151 165 141
146
146
154
148
Figures are presented on the basis of continuing operations as at 31 December 2016
5 CORE OPERATING MARGINS
11 12 13 14 15 16
191
179
99
97
CORE OPERATING MARGIN
Personal Care 176 171 178 187 189
Foods 175 175 177 186 182
Refreshment 77 94 91 88 94
Home Care 54 59 64 63 76
Total 135 138 141 145 148
CORE OPERATING MARGIN
AsiaAMETRUB 120 131 133 133 135
The Americas 139 142 143 147 146
Europe 151 142 149 162 171
Total 135 138 141 145 148
153
147
159
154
153
Figures are presented on the basis of continuing operations as at 31 December 2016
6 PROFIT MARGINS
07 08 09 10 11 12 13 14 15 16
PROFIT MARGIN
Operating margin 130 177 126 143 138 136 151 165 141
Profit before tax margin 121 171 123 134 131 127 143 158 136
148
142
Net profit margin(a) 91 120 84 93 89 85 97 107 92 98
euro MILLION
Operating profit 5231 7153 5006 6325 6420 6977 7517 7980 7515
Profit before tax 4877 6922 4899 5951 6066 6533 7114 7646 7220
Net profit 3909 5132 3646 4465 4465 4836 5263 5515 5259
7801
7469
5547
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
UNILEVER CHARTS 2016
The following pages give selected financial and non-financial information expressed in graphic form
Turnover and underlying sales growth _________________________2
Operating profit____________________________________________3
Operating margins _________________________________________4
Core Operating margins_____________________________________5
Profit margins _____________________________________________6
Research and development advertising and promotions brand and marketing investment _____________________________7
Net funds(debt) and Cash Flow ______________________________8
Acquisitions and disposals___________________________________9
Net capital expenditure ____________________________________10
Employee numbers and staff costs___________________________11
Distribution of shares and market capitalisation _______________12
Earnings per share dividend and share information ____________13
Share information NV ndash US PLC ndash Pounds sterling_____________14
Non financial indicators ____________________________________15
NOTES Results and cash flows are based on average current rates of exchange applicable in each year Balance sheet information is translated at closing rates for the relevant year
Where possible the information is provided for a period of 10 years 2007-2016 In certain circumstances where a measure is introduced after 2007 information is provided for a shorter period of time
2 TURNOVER AND UNDERLYING SALES GROWTH
07 08 09 10 11 12 13 14 15 16
TURNOVER
euro million 40187 40523 39823 44262 46467 51324 49797 48436 53272 52713
BY PRODUCT AREA AS OF TOTAL TURNOVER
Personal Care 28 28 30 31 33 35 36 37 38
Foods 35 35 33 32 30 28 27 26 24
Refreshment 19 19 20 19 19 19 19 19 19
Home Care 18 18 17 18 18 18 18 19 19
38
24
19
19
Total 100 100 101 101 100 100 100 100 100 100
Underlying sales growth () 55 74 35 41 65 69 43 29 41
Underlying volume growth () 37 01 23 58 16 34 25 10 21
Underlying price growth () 18 72 12 (16) 48 33 18 19 19 28
37
09
BY GEOGRAPHICAL AREA AS OF TOTAL TURNOVER AsiaAMETRUB (a) 31 32 36 37 38 40 40 41 42 The Americas 33 32 32 33 33 33 33 32 33 Europe 36 36 33 30 29 27 27 27 25
43 32 25
Total 100 100 101 100 100 100 100 100 100 100
Figures are presented on the basis of continuing operations as at 31 December 2016 (a) Refers to Asia Africa Middle East Turkey Russia Ukraine and Belarus
3 OPERATING PROFIT
07 08 09 10 11 12 13 14 15 16
7801
8046
48
28
12
12
OPERATING PROFIT
euro million 5231 7153
CORE OPERATING PROFIT(a)
euro million
5006 6325
6017
6420
6276
6977
7050
7517
7016
7980
7020
7515
7865
BY PRODUCT AREA AS OF TOTAL OPERATING PROFIT
Personal Care 34 25
Foods 39 45
Refreshment 11 17
Home Care 16 13
Total 100 100
37
37
12
14
100
36
45
8
11
100
39
42
8
11
101
42
37
8
13
100
41
41
7
11
100
41
45
7
7
100
48
31
10
11
100
BY GEOGRAPHICAL AREA AS OF TOTAL OPERATING PROFIT
AsiaAMETRUB 30 23
The Americas 38 41
Europe 32 36
Total 100 100
37
37
26
100
34
34
32
100
33
35
32
100
38
35
27
100
37
38
25
100
33
40
27
100
40
30
30
100
100
42
32
26
100
Figures are presented on the basis of continuing operations as at 31 December 2016 (a) From 2010 we report on core operating profit which means operating profit before the impact of business disposals acquisitions and disposal related costs impairments and other
one-off items
4 OPERATING MARGINS
07 08 09 10 11 12 13 14 15 16
184
174
97
95
OPERATING MARGIN
Personal Care 158 160 155 167 164 162 170 184 181
Foods 147 226 138 201 192 180 228 292 178
Refreshment 106 119 94 84 82 93 91 59 83
Home Care 81 168 88 61 58 60 59 63 73
148Total 130 177 126 143 138 136 151 165 141
OPERATING MARGIN
AsiaAMETRUB 127 125 132 130 119 130 138 133 135
The Americas 150 227 146 149 147 147 176 208 131
Europe 114 179 100 152 153 137 140 160 164
Total 130 177 126 143 138 136 151 165 141
146
146
154
148
Figures are presented on the basis of continuing operations as at 31 December 2016
5 CORE OPERATING MARGINS
11 12 13 14 15 16
191
179
99
97
CORE OPERATING MARGIN
Personal Care 176 171 178 187 189
Foods 175 175 177 186 182
Refreshment 77 94 91 88 94
Home Care 54 59 64 63 76
Total 135 138 141 145 148
CORE OPERATING MARGIN
AsiaAMETRUB 120 131 133 133 135
The Americas 139 142 143 147 146
Europe 151 142 149 162 171
Total 135 138 141 145 148
153
147
159
154
153
Figures are presented on the basis of continuing operations as at 31 December 2016
6 PROFIT MARGINS
07 08 09 10 11 12 13 14 15 16
PROFIT MARGIN
Operating margin 130 177 126 143 138 136 151 165 141
Profit before tax margin 121 171 123 134 131 127 143 158 136
148
142
Net profit margin(a) 91 120 84 93 89 85 97 107 92 98
euro MILLION
Operating profit 5231 7153 5006 6325 6420 6977 7517 7980 7515
Profit before tax 4877 6922 4899 5951 6066 6533 7114 7646 7220
Net profit 3909 5132 3646 4465 4465 4836 5263 5515 5259
7801
7469
5547
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
2 TURNOVER AND UNDERLYING SALES GROWTH
07 08 09 10 11 12 13 14 15 16
TURNOVER
euro million 40187 40523 39823 44262 46467 51324 49797 48436 53272 52713
BY PRODUCT AREA AS OF TOTAL TURNOVER
Personal Care 28 28 30 31 33 35 36 37 38
Foods 35 35 33 32 30 28 27 26 24
Refreshment 19 19 20 19 19 19 19 19 19
Home Care 18 18 17 18 18 18 18 19 19
38
24
19
19
Total 100 100 101 101 100 100 100 100 100 100
Underlying sales growth () 55 74 35 41 65 69 43 29 41
Underlying volume growth () 37 01 23 58 16 34 25 10 21
Underlying price growth () 18 72 12 (16) 48 33 18 19 19 28
37
09
BY GEOGRAPHICAL AREA AS OF TOTAL TURNOVER AsiaAMETRUB (a) 31 32 36 37 38 40 40 41 42 The Americas 33 32 32 33 33 33 33 32 33 Europe 36 36 33 30 29 27 27 27 25
43 32 25
Total 100 100 101 100 100 100 100 100 100 100
Figures are presented on the basis of continuing operations as at 31 December 2016 (a) Refers to Asia Africa Middle East Turkey Russia Ukraine and Belarus
3 OPERATING PROFIT
07 08 09 10 11 12 13 14 15 16
7801
8046
48
28
12
12
OPERATING PROFIT
euro million 5231 7153
CORE OPERATING PROFIT(a)
euro million
5006 6325
6017
6420
6276
6977
7050
7517
7016
7980
7020
7515
7865
BY PRODUCT AREA AS OF TOTAL OPERATING PROFIT
Personal Care 34 25
Foods 39 45
Refreshment 11 17
Home Care 16 13
Total 100 100
37
37
12
14
100
36
45
8
11
100
39
42
8
11
101
42
37
8
13
100
41
41
7
11
100
41
45
7
7
100
48
31
10
11
100
BY GEOGRAPHICAL AREA AS OF TOTAL OPERATING PROFIT
AsiaAMETRUB 30 23
The Americas 38 41
Europe 32 36
Total 100 100
37
37
26
100
34
34
32
100
33
35
32
100
38
35
27
100
37
38
25
100
33
40
27
100
40
30
30
100
100
42
32
26
100
Figures are presented on the basis of continuing operations as at 31 December 2016 (a) From 2010 we report on core operating profit which means operating profit before the impact of business disposals acquisitions and disposal related costs impairments and other
one-off items
4 OPERATING MARGINS
07 08 09 10 11 12 13 14 15 16
184
174
97
95
OPERATING MARGIN
Personal Care 158 160 155 167 164 162 170 184 181
Foods 147 226 138 201 192 180 228 292 178
Refreshment 106 119 94 84 82 93 91 59 83
Home Care 81 168 88 61 58 60 59 63 73
148Total 130 177 126 143 138 136 151 165 141
OPERATING MARGIN
AsiaAMETRUB 127 125 132 130 119 130 138 133 135
The Americas 150 227 146 149 147 147 176 208 131
Europe 114 179 100 152 153 137 140 160 164
Total 130 177 126 143 138 136 151 165 141
146
146
154
148
Figures are presented on the basis of continuing operations as at 31 December 2016
5 CORE OPERATING MARGINS
11 12 13 14 15 16
191
179
99
97
CORE OPERATING MARGIN
Personal Care 176 171 178 187 189
Foods 175 175 177 186 182
Refreshment 77 94 91 88 94
Home Care 54 59 64 63 76
Total 135 138 141 145 148
CORE OPERATING MARGIN
AsiaAMETRUB 120 131 133 133 135
The Americas 139 142 143 147 146
Europe 151 142 149 162 171
Total 135 138 141 145 148
153
147
159
154
153
Figures are presented on the basis of continuing operations as at 31 December 2016
6 PROFIT MARGINS
07 08 09 10 11 12 13 14 15 16
PROFIT MARGIN
Operating margin 130 177 126 143 138 136 151 165 141
Profit before tax margin 121 171 123 134 131 127 143 158 136
148
142
Net profit margin(a) 91 120 84 93 89 85 97 107 92 98
euro MILLION
Operating profit 5231 7153 5006 6325 6420 6977 7517 7980 7515
Profit before tax 4877 6922 4899 5951 6066 6533 7114 7646 7220
Net profit 3909 5132 3646 4465 4465 4836 5263 5515 5259
7801
7469
5547
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
3 OPERATING PROFIT
07 08 09 10 11 12 13 14 15 16
7801
8046
48
28
12
12
OPERATING PROFIT
euro million 5231 7153
CORE OPERATING PROFIT(a)
euro million
5006 6325
6017
6420
6276
6977
7050
7517
7016
7980
7020
7515
7865
BY PRODUCT AREA AS OF TOTAL OPERATING PROFIT
Personal Care 34 25
Foods 39 45
Refreshment 11 17
Home Care 16 13
Total 100 100
37
37
12
14
100
36
45
8
11
100
39
42
8
11
101
42
37
8
13
100
41
41
7
11
100
41
45
7
7
100
48
31
10
11
100
BY GEOGRAPHICAL AREA AS OF TOTAL OPERATING PROFIT
AsiaAMETRUB 30 23
The Americas 38 41
Europe 32 36
Total 100 100
37
37
26
100
34
34
32
100
33
35
32
100
38
35
27
100
37
38
25
100
33
40
27
100
40
30
30
100
100
42
32
26
100
Figures are presented on the basis of continuing operations as at 31 December 2016 (a) From 2010 we report on core operating profit which means operating profit before the impact of business disposals acquisitions and disposal related costs impairments and other
one-off items
4 OPERATING MARGINS
07 08 09 10 11 12 13 14 15 16
184
174
97
95
OPERATING MARGIN
Personal Care 158 160 155 167 164 162 170 184 181
Foods 147 226 138 201 192 180 228 292 178
Refreshment 106 119 94 84 82 93 91 59 83
Home Care 81 168 88 61 58 60 59 63 73
148Total 130 177 126 143 138 136 151 165 141
OPERATING MARGIN
AsiaAMETRUB 127 125 132 130 119 130 138 133 135
The Americas 150 227 146 149 147 147 176 208 131
Europe 114 179 100 152 153 137 140 160 164
Total 130 177 126 143 138 136 151 165 141
146
146
154
148
Figures are presented on the basis of continuing operations as at 31 December 2016
5 CORE OPERATING MARGINS
11 12 13 14 15 16
191
179
99
97
CORE OPERATING MARGIN
Personal Care 176 171 178 187 189
Foods 175 175 177 186 182
Refreshment 77 94 91 88 94
Home Care 54 59 64 63 76
Total 135 138 141 145 148
CORE OPERATING MARGIN
AsiaAMETRUB 120 131 133 133 135
The Americas 139 142 143 147 146
Europe 151 142 149 162 171
Total 135 138 141 145 148
153
147
159
154
153
Figures are presented on the basis of continuing operations as at 31 December 2016
6 PROFIT MARGINS
07 08 09 10 11 12 13 14 15 16
PROFIT MARGIN
Operating margin 130 177 126 143 138 136 151 165 141
Profit before tax margin 121 171 123 134 131 127 143 158 136
148
142
Net profit margin(a) 91 120 84 93 89 85 97 107 92 98
euro MILLION
Operating profit 5231 7153 5006 6325 6420 6977 7517 7980 7515
Profit before tax 4877 6922 4899 5951 6066 6533 7114 7646 7220
Net profit 3909 5132 3646 4465 4465 4836 5263 5515 5259
7801
7469
5547
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
4 OPERATING MARGINS
07 08 09 10 11 12 13 14 15 16
184
174
97
95
OPERATING MARGIN
Personal Care 158 160 155 167 164 162 170 184 181
Foods 147 226 138 201 192 180 228 292 178
Refreshment 106 119 94 84 82 93 91 59 83
Home Care 81 168 88 61 58 60 59 63 73
148Total 130 177 126 143 138 136 151 165 141
OPERATING MARGIN
AsiaAMETRUB 127 125 132 130 119 130 138 133 135
The Americas 150 227 146 149 147 147 176 208 131
Europe 114 179 100 152 153 137 140 160 164
Total 130 177 126 143 138 136 151 165 141
146
146
154
148
Figures are presented on the basis of continuing operations as at 31 December 2016
5 CORE OPERATING MARGINS
11 12 13 14 15 16
191
179
99
97
CORE OPERATING MARGIN
Personal Care 176 171 178 187 189
Foods 175 175 177 186 182
Refreshment 77 94 91 88 94
Home Care 54 59 64 63 76
Total 135 138 141 145 148
CORE OPERATING MARGIN
AsiaAMETRUB 120 131 133 133 135
The Americas 139 142 143 147 146
Europe 151 142 149 162 171
Total 135 138 141 145 148
153
147
159
154
153
Figures are presented on the basis of continuing operations as at 31 December 2016
6 PROFIT MARGINS
07 08 09 10 11 12 13 14 15 16
PROFIT MARGIN
Operating margin 130 177 126 143 138 136 151 165 141
Profit before tax margin 121 171 123 134 131 127 143 158 136
148
142
Net profit margin(a) 91 120 84 93 89 85 97 107 92 98
euro MILLION
Operating profit 5231 7153 5006 6325 6420 6977 7517 7980 7515
Profit before tax 4877 6922 4899 5951 6066 6533 7114 7646 7220
Net profit 3909 5132 3646 4465 4465 4836 5263 5515 5259
7801
7469
5547
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
5 CORE OPERATING MARGINS
11 12 13 14 15 16
191
179
99
97
CORE OPERATING MARGIN
Personal Care 176 171 178 187 189
Foods 175 175 177 186 182
Refreshment 77 94 91 88 94
Home Care 54 59 64 63 76
Total 135 138 141 145 148
CORE OPERATING MARGIN
AsiaAMETRUB 120 131 133 133 135
The Americas 139 142 143 147 146
Europe 151 142 149 162 171
Total 135 138 141 145 148
153
147
159
154
153
Figures are presented on the basis of continuing operations as at 31 December 2016
6 PROFIT MARGINS
07 08 09 10 11 12 13 14 15 16
PROFIT MARGIN
Operating margin 130 177 126 143 138 136 151 165 141
Profit before tax margin 121 171 123 134 131 127 143 158 136
148
142
Net profit margin(a) 91 120 84 93 89 85 97 107 92 98
euro MILLION
Operating profit 5231 7153 5006 6325 6420 6977 7517 7980 7515
Profit before tax 4877 6922 4899 5951 6066 6533 7114 7646 7220
Net profit 3909 5132 3646 4465 4465 4836 5263 5515 5259
7801
7469
5547
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
6 PROFIT MARGINS
07 08 09 10 11 12 13 14 15 16
PROFIT MARGIN
Operating margin 130 177 126 143 138 136 151 165 141
Profit before tax margin 121 171 123 134 131 127 143 158 136
148
142
Net profit margin(a) 91 120 84 93 89 85 97 107 92 98
euro MILLION
Operating profit 5231 7153 5006 6325 6420 6977 7517 7980 7515
Profit before tax 4877 6922 4899 5951 6066 6533 7114 7646 7220
Net profit 3909 5132 3646 4465 4465 4836 5263 5515 5259
7801
7469
5547
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
7 RESEARCH AND DEVELOPMENT ADVERTISING AND PROMOTIONSBRAND AND MARKETING INVESTMENT
07 08 09 10 11 12 13 14 15 16
euro MILLION
Research and development 868 927 891 928 1009 1003 1040 955 1055
Advertising and promotions 5289 5055 5302 6064 6069 6763 6832
Brand and marketing investment(a) 7311 7383 7166 8003 7731
OF TURNOVER
Research and development 22 23 22 21 22 20 21 20 19
Advertising and promotions 132 125 133 137 131 132 137
Brand and marketing investment(a) 142 148 148 150
17
145
(a) Advertising and promotions are renamed to lsquoBrand and marketing investmentrsquo (BMI) after moving sales equipment costs from cost of sales to BMI and moving cost of merchandisers and consumer engagement centres from overheads to BMI
978
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
8 NET FUNDS(DEBT) AND CASH FLOW
07 08 09 10 11 12 13 14 15 16
CLOSING NET FUNDS(DEBT)(a)
euro million (8335) (8012) (6357) (6668) (8781) (7355) (8456) (9900)
CASH FLOW FROM GROUP OPERATING ACTIVITIES
euro million 5188 5326 6733 6818 6639 8516 8099 7854
FREE CASH FLOW
euro million 2487 2390 4072 3365 3075 4333 3856 3100
WORKING CAPITAL AS TURNOVER(b) 21 28 03 (24) (25) (32) (38) (50)
(11505) (12614)
9351 9298
4796 4802
(61) (66)
(a) Closing net funds(debt) is borrowings plus finance lease creditors less cash cash equivalents and financial assets at 31 December in each year (at closing rates of exchange) (b) Working capital ratio reflects the yearly average of inventories trade and other current receivables less trade payables and other current liabilities Excludes creditors under share
buy-back contracts in 2007 and 2008
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
9 ACQUISITIONS AND DISPOSALS
07 08 09 10 11 12 13 14 15 16
ACQUISITION OF GROUP COMPANIES(a)
euro million 214 211 409 1252 3098 133 142 313 1897
DISPOSAL OF GROUP COMPANIES(a)
euro million 164 2476 270 891 1378 246 1053 1741 199
NUMBER OF ACQUISITIONSDISPOSALS 26 24 15 12 31 6 12 10 12
1731
30
8
(a) These figures represent the cash outflow and inflow from acquisitions and disposals respectively
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
10 NET CAPITAL EXPENDITURE
07 08 09 10 11 12 13 14 15 16
NET CAPITAL EXPENDITURE(a)
euro million 983 1099 1258 1701 1974 2143 2027 2045 2074
as of turnover 24 27 32 38 42 42 41 42 39
1878
36
(a) Net capital expenditure is cash flows from purchases and disposals of property plant and equipment and from purchases and disposals of intangible assets principally software
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
11 EMPLOYEE NUMBERS AND STAFF COSTS
07 08 09 10 11 12 13 14 15 16
AVERAGE NUMBER OF EMPLOYEES
thousand 175 174 168 165 169 172 174 173 171
STAFF COSTS
euro million 5551 5288 5237 5613 5358 6303 6194 6054 6555
TURNOVER PER EMPLOYEE
euro thousand 230 233 237 268 275 298 286 280 312
169
6523
312
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
12 DISTRIBUTION OF SHARES AND MARKET CAPITALISATION
07 08 09 10 11 12 13 14 15 16
BY COUNTRY AS OF TOTAL COMBINED DISTRIBUTION OF SHARES (ESTIMATED) United Kingdom 32 32 31 26 30 28 28 28 28
Netherlands 8 8 8 8 7 7 7 7 7
United States 23 23 23 23 25 24 23 24 22
Other 37 37 39 43 38 41 42 41 43
Total 100 100 100 100 100 100 100 100 100
27
4
23
46
100
COMBINED MARKET CAPITALISATION AT 31 DECEMBER
euro million 72501 46882 63409 64803 73949 81858 83800 93897 113414 110201
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
13 EARNINGS PER SHARE DIVIDEND AND SHARE INFORMATION (NV ndash EURO)
07 08 09 10 11 12 13 14 15 16
EARNINGS PER SHARE(a)
Diluted earnings per share 123 168 116 142 142 150 166 179 172 182
Core earnings per share(b) 131 137 153 158 161 182 188
NV SHARE PRICE IN AMSTERDAM euro
(at 31 December) 2515 1734 2275 2330 2657 2884 2928 3264 4011
High 2572 2561 2288 2411 2658 2950 3289 3349 4248
Low 1889 1620 1359 2068 2100 2456 2750 2716 3155
DIVIDEND
Cash dividend paid (euro million) 2182 2086 2106 2323 2485 2699 2993 3189 3331
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV Share price in Amsterdam 100 69 90 93 106 115 116 130 159
Market index (AEX) 100 48 65 69 61 66 78 82 86
3912
4294
3639
3609
156
94
(a) Earnings per share combined earnings per share (b) In calculating core earnings per share net profit attributable to shareholders is adjusted to eliminate the impact on non-core items
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
14 SHARE INFORMATION NV ndash US DOLLARS AND PLC ndash POUNDS STERLING
07 08 09 10 11 12 13 14 15 16
NV SHARE PRICE IN NEW YORK US $
(at 31 December) 3646 2455 3233 3140 3437 3830 4023 3904 4332
High 3731 3718 3280 3310 3506 3875 4278 4431 4651
4106
4788
Low 2494 2127 1704 2602 2907 3079 3727 3672 3764 3866
PLC SHARE PRICE IN LONDON pound
(at 31 December) 1890 1579 1994 1963 2163 2366 2482 2628 2926
High 1924 1947 2015 2009 2173 2429 2885 2729 3015
Low 1320 1249 1230 1662 1793 1994 2319 2306 2524
3293
3764
2763
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) NV share price in New York 100 67 89 86 94 105 110 107 119 113
Market index (SampP 500) 100 62 76 86 86 97 126 140 139 152
SHARE PRICE VERSUS MARKET INDEX
(31 December 2007 = 100) PLC share price in London 100 84 106 104 114 125 131 139 155 174
111 Market index (FTSE 100) 100 69 84 91 86 91 105 102 97
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
15 NON-FINANCIAL INDICATORS
12(a) 13(a)(b) 14(a)(b) 15(a)(b) 16(a)(b)07 08 09 10 11 12
CO2 from energy (kgtonne of production) 14918 14697 14216 13359 11830 9997 10423 9895 9214 8849
Water usage (m3tonne of production) 305 296 281 268 240 223 227 212 201 188
Total waste sent for disposal (kgtonne of production) 756 789 652 648 496 371 394 272 119 026
Total recordable accident frequency (TRFR) per 1000000 hours 260 210 191 163 127 116 117 103 105 112
8352
185
035
101
(a) In 2013 we adjusted our reporting period from 1 January ndash 31 December to 1 October ndash 30 September We also show the prior 12 months to enable a like-for-like comparison presented as 12(a)
(b) PricewaterhouseCoopers (PwC) assured For details and the basis of preparation see wwwunilevercomara2016downloads
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
UNILEVER NV
Head Office and Registered Office Weena 455 PO Box 760 3000 DK Rotterdam The Netherlands T +31 (0)10 217 4000
Commercial Register Rotterdam Number 24051830
UNILEVER PLC FOR FURTHER INFORMATION ABOUT Head Office 100 Victoria Embankment UNILEVER PLEASE VISIT OUR WEBSITE London EC4Y 0DY United Kingdom WWWUNILEVERCOM T +44 (0)20 7822 5252
Registered Office Unilever PLC Port Sunlight Wirral Merseyside CH62 4ZD United Kingdom
Registered in England and Wales Company Number 41424
