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Capital and Funding (Tables) | 12 Months Ended
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Dec. 31, 2017
Statement [LineItems] |
Summary of Share Capital | SHARE CAPITAL
|  |  |  |  | Issued, |  |  |  |  |  | Issued, |
|  |  |  |  | called up |  |  |  |  |  | called up |
|  |  |  |  | and |  |  |  |  |  | and |
|  |  | Authorised(a) |  |  |  | fully paid(b) |  |  |  | Authorised(a) |  |  |  | fully paid(b) |
|  | 2017 |  |  | 2017 |  |  | 2016 |  |  | 2016 |
Unilever N.V. |  | € million |  |  | € million |  |  | € million |  |  | € million |
NV ordinary shares of €0.16 each |  |  | 480 |  |  |  | 274 |  |  |  | 480 |  |  |  | 274 |
NV ordinary shares of €428.57 each (shares numbered 1 to 2,400 – ‘Special Shares’) |  |  | 1 |  |  |  | 1 |  |  |  | 1 |  |  |  | 1 |
Internal holdings eliminated on consolidation (€428.57 shares) |  |  | - |  |  |  | (1) |  |  |  | - |  |  |  | (1) |
|  |  | 481 |  |  |  | 274 |  |  |  | 481 |  |  |  | 274 |
Unilever PLC |  |  |  |  | £ million |  |  |  |  |  | £ million |
PLC ordinary shares of 31/9p each |  |  |  |  |  |  | 40.8 |  |  |  |  |  |  |  | 40.8 |
PLC deferred stock of £1 each |  |  |  |  |  |  | 0.1 |  |  |  |  |  |  |  | 0.1 |
Internal holding eliminated on consolidation (£1 stock) |  |  |  |  |  |  | (0.1) |  |  |  |  |  |  |  | (0.1) |
|  |  |  |  |  |  | 40.8 |  |  |  |  |  |  |  | 40.8 |
|  |  |  |  | € million |  |  |  |  |  | € million |
Euro equivalent in millions (at £1.00 = €5.143)(c) |  |  |  |  |  |  | 210 |  |  |  |  |  |  |  | 210 |
Unilever Group |  |  |  |  | € million |  |  |  |  |  | € million |
Ordinary share capital of NV |  |  |  |  |  |  | 274 |  |  |  |  |  |  |  | 274 |
Ordinary share capital of PLC |  |  |  |  |  |  | 210 |  |  |  |  |  |  |  | 210 |
|  |  |  |  |  |  | 484 |  |  |  |  |  |  |  | 484 |
(a) | At 31 December 2017, Unilever N.V. had 3,000,000,000 (2016: 3,000,000,000) authorised ordinary shares. The requirement for a UK company to have an authorised share capital was abolished by the UK Companies Act 2006. In May 2010 Unilever PLC shareholders approved new Articles of Association to reflect this.
(b) | At 31 December 2017, the following quantities of shares were in issue: 1,714,727,700 of NV ordinary shares; 2,400 of NV Special Shares; 1,310,156,361 of PLC ordinary shares and 100,000 of PLC deferred stock. The same quantities were in issue at 31 December 2016.
(c) | Conversion rate for PLC ordinary shares nominal value to euros is £1 = €5.143 (which is calculated by dividing the nominal value of NV ordinary shares by the nominal value of PLC ordinary shares).
Summary Combined Financial Information in Relation to HUL | Summary financial information in relation to HUL is shown below.
|  | € million |  |  | € million |
HUL Balance sheet as at 31 December |  | 2017 |  |  | 2016 |
Non-current assets |  |  | 819 |  |  |  | 791 |
Current assets |  |  | 1,274 |  |  |  | 1,160 |
Current liabilities |  |  | (1,030 | ) |  |  | (980 | )
Non-current liabilities |  |  | (135 | ) |  |  | (110 | )
HUL Comprehensive income for the year ended 31 December |  |  |  |  |  |
Turnover |  |  | 4,464 |  |  |  | 4,084 |
Profit after tax |  |  | 595 |  |  |  | 475 |
Total comprehensive income |  |  | 529 |  |  |  | 484 |
HUL Cash flow for the year ended 31 December |  |  |  |  |  |
Net increase/(decrease) in cash and cash-equivalents |  |  | (71 | ) |  |  | 14 |
HUL Non-controlling interest |  |  |  |  |  |
1 January |  |  | (282 | ) |  |  | (271 | )
Share of (profit)/loss for the year ended 31 December |  |  | (195 | ) |  |  | (157 | )
Other comprehensive income |  |  | (3 | ) |  |  | (8 | )
Dividend paid to the non-controlling interest |  |  | 172 |  |  |  | 157 |
Other changes in equity |  |  | - |  |  |  | - |
Currency translation |  |  | 20 |  |  |  | (3 | )
31 December |  |  | (288 | ) |  |  | (282 | )
Summary of Consolidated Statement of Changes in Equity: Analysis of Other Reserves | CONSOLIDATED STATEMENT OF CHANGES IN EQUITY: ANALYSIS OF OTHER RESERVES
|  | € million |  |  | € million |  |  | € million |
|  | Total |  |  | Total |  |  | Total |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Fair value reserves |  |  | (189 | ) |  |  | (113 | ) |  |  | (98 | )
Cash flow hedges |  |  | (236 | ) |  |  | (168 | ) |  |  | (174 | )
Available-for-sale financial assets |  |  | 47 |  |  |  | 55 |  |  |  | 76 |
Currency retranslation of group companies - see following table |  |  | (3,927 | ) |  |  | (3,034 | ) |  |  | (3,285 | )
Adjustment on translation of PLC’s ordinary capital at 31/9p = €0.16 |  |  | (164 | ) |  |  | (164 | ) |  |  | (164 | )
Capital redemption reserve |  |  | 32 |  |  |  | 32 |  |  |  | 32 |
Book value of treasury shares - see following table |  |  | (9,208 | ) |  |  | (4,164 | ) |  |  | (4,119 | )
Other(a) |  |  | (177 | ) |  |  | - |  |  |  | (182 | )
|  |  | (13,633 | ) |  |  | (7,443 | ) |  |  | (7,816 | )
(a) | Relates to option on purchase of subsidiary for non-controlling interest.
Summary of Treasury Shares Movements |
Treasury shares – movements during the year |  | 2017 |  |  | 2016 |
1 January |  |  | (4,164 | ) |  |  | (4,119 | )
Repurchase of shares (see note 24) |  |  | (5,014 | ) |  |  | - |
Other purchases and utilisations |  |  | (30 | ) |  |  | (45 | )
31 December |  |  | (9,208 | ) |  |  | (4,164 | )
Summary of Currency Retranslation Reserve |
Currency retranslation reserve – movements during the year |  | 2017 |  |  | 2016 |
1 January |  |  | (3,034 | ) |  |  | (3,285 | )
Currency retranslation during the year |  |  | (50 | ) |  |  | 599 |
Movement in net investment hedges and exchange differences in net investments in foreign operations |  |  | (909 | ) |  |  | (365 | )
Recycled to income statement |  |  | 66 |  |  |  | 17 |
31 December |  |  | (3,927 | ) |  |  | (3,034 | )
Summary of Comprehensive Income: Other Comprehensive Income Reconciliation |
STATEMENT OF COMPREHENSIVE INCOME: OTHER COMPREHENSIVE INCOME RECONCILIATION |  |  |  |  |  |  |  |
|  | € million |  |  | € million |
Fair value gains/(losses) on financial instruments – movement during the year |  | 2017 |  |  | 2016 |
1 January |  |  | (113 | ) |  |  | (98 | )
Cash flow hedges |  |  | (68 | ) |  |  | 6 |
Available for sale financial assets |  |  | (8 | ) |  |  | (21 | )
31 December |  |  | (189 | ) |  |  | (113 | )
Refer to the consolidated statement of comprehensive income on page 86, the consolidated statement of changes in equity on page 87, and note 6C on page 107.
|  | € million |  |  | € million |
Remeasurement of defined benefit pension plans net of tax |  | 2017 |  |  | 2016 |
1 January |  |  | (2,453 | ) |  |  | (1,473 | )
Movement during the year |  |  | 1,282 |  |  |  | (980 | )
31 December |  |  | (1,171 | ) |  |  | (2,453 | )
Refer to the consolidated statement of comprehensive income on page 86, the consolidated statement of changes in equity on page 87, note 4B from page 98 to 103 and note 6C on page 107.
|  | € million |  |  | € million |
Currency retranslation gains/(losses) – movement during the year |  | 2017 |  |  | 2016 |
1 January |  |  | (3,295 | ) |  |  | (3,512 | )
Currency retranslation during the year: |  |  |  |  |  |  |  |
Other reserves |  |  | (903 | ) |  |  | 189 |
Retained profit |  |  | (27 | ) |  |  | 17 |
Non-controlling interest |  |  | (53 | ) |  |  | 11 |
31 December |  |  | (4,278 | ) |  |  | (3,295 | )
Summary of Financial Liabilities | FINANCIAL LIABILITIES
|  |  |  |  |  |  |  | € million |  |  | € million |  |  | € million |  |  | € million |  |  | € million |  |  | € million |
|  |  |  |  |  |  |  | Current |  |  | Non-current |  |  | Total |  |  | Current |  |  | Non-current |  |  | Total |
Financial liabilities(a) |  | Notes |  |  |  |  |  | 2017 |  |  | 2017 |  |  | 2017 |  |  | 2016 |  |  | 2016 |  |  | 2016 |
Preference shares |  |  |  |  |  |  |  |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 68 |  |  |  | 68 |
Bank loans and overdrafts(b) |  |  |  |  |  |  |  |  |  |  | 513 |  |  |  | 479 |  |  |  | 992 |  |  |  | 899 |  |  |  | 247 |  |  |  | 1,146 |
Bonds and other loans |  |  |  |  |  |  |  |  |  |  | 7,181 |  |  |  | 15,528 |  |  |  | 22,709 |  |  |  | 4,367 |  |  |  | 10,686 |  |  |  | 15,053 |
Finance lease creditors |  |  | 20 |  |  |  |  |  |  |  | 11 |  |  |  | 120 |  |  |  | 131 |  |  |  | 9 |  |  |  | 134 |  |  |  | 143 |
Derivatives |  |  |  |  |  |  |  |  |  |  | 86 |  |  |  | 335 |  |  |  | 421 |  |  |  | 175 |  |  |  | 10 |  |  |  | 185 |
Other financial liabilities(c) |  |  |  |  |  |  |  |  |  |  | 177 |  |  |  | - |  |  |  | 177 |  |  |  | - |  |  |  | - |  |  |  | - |
|  |  |  |  |  |  |  |  |  |  | 7,968 |  |  |  | 16,462 |  |  |  | 24,430 |  |  |  | 5,450 |  |  |  | 11,145 |  |  |  | 16,595 |
(a) | For the purposes of this note and note 17A, financial assets and liabilities exclude trade and other current receivables and trade payables and other liabilities which are covered in notes 13 and 14 respectively.
(b) | Financial liabilities include €1 million (2016: €2 million) of secured liabilities.
(c) | Includes options and other financial liabilities to acquire non-controlling interests in Carver Korea and EAC Myanmar, refer to note 21.
Reconciliation of Liabilities Arising from Financing Activities | RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES
|  |  |  |  |  |  |  | Non -Cash Movement |  |  |  |
|  |  |  |  |  |  |  | Business |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Opening |  |  | Cash |  |  | Acquisitions/ |  |  | Foreign |  |  | Fair |  |  | Other |  |  | Closing |
|  | balance at |  |  | Movement |  |  | Disposals |  |  | exchange |  |  | value |  |  | movements |  |  | balance at |
|  | 1 January |  |  |  |  |  |  |  |  | changes |  |  | changes |  |  |  |  |  | 31 December |
|  | € million |  |  | € million |  |  | € million |  |  | € million |  |  | € million |  |  | € million |  |  | € million |
2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Preference shares |  |  | (68 | ) |  |  | 68 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Bank loans and overdrafts(a) |  |  | (1,146 | ) |  |  | 66 |  |  |  | (3 | ) |  |  | 98 |  |  |  | - |  |  |  | (7 | ) |  |  | (992 | )
Bonds and other loans(a) |  |  | (15,053 | ) |  |  | (9,008 | ) |  |  | - |  |  |  | 1,346 |  |  |  | (2 | ) |  |  | 8 |  |  |  | (22,709 | )
Finance lease creditors |  |  | (143 | ) |  |  | 14 |  |  |  | - |  |  |  | 6 |  |  |  | - |  |  |  | (8 | ) |  |  | (131 | )
Derivatives |  |  | (185 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (236 | ) |  |  | - |  |  |  | (421 | )
Other financial liabilities |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (177 | ) |  |  | (177 | )
Total |  |  | (16,595 | ) |  |  | (8,860 | ) |  |  | (3 | ) |  |  | 1,450 |  |  |  | (238 | ) |  |  | (184 | ) |  |  | (24,430 | )
2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Preference shares |  |  | (68 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (68 | )
Bank loans and overdrafts(a) |  |  | (1,064 | ) |  |  | (23 | ) |  |  | - |  |  |  | (42 | ) |  |  | - |  |  |  | (17 | ) |  |  | (1,146 | )
Bonds and other loans(a) |  |  | (12,703 | ) |  |  | (2,089 | ) |  |  | - |  |  |  | (190 | ) |  |  | (3 | ) |  |  | (68 | ) |  |  | (15,053 | )
Finance lease creditors |  |  | (195 | ) |  |  | 35 |  |  |  | - |  |  |  | 21 |  |  |  | - |  |  |  | (4 | ) |  |  | (143 | )
Derivatives |  |  | (124 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (61 | ) |  |  | - |  |  |  | (185 | )
Other financial liabilities(a) |  |  | (489 | ) |  |  | 289 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 200 |  |  |  | - |
Total |  |  | (14,643 | ) |  |  | (1,788 | ) |  |  | - |  |  |  | (211 | ) |  |  | (64 | ) |  |  | 111 |  |  |  | (16,595 | )
(a) | These cash movements are included within the following lines in the consolidated cash flow statement: net change in short-term liabilities, additional financial liabilities and repayment of financial liabilities. The difference of €1 million (2016: €17 million) represents cash movements in overdrafts that are not included in financing cash flows.
Bonds and Other Loans [Member] |
Statement [LineItems] |
Summary of Analysis of Bonds and Other Loans | ANALYSIS OF BONDS AND OTHER LOANS
|  | € million |  |  | € million |
|  | Total |  |  | Total |
|  | 2017 |  |  | 2016 |
Unilever N.V. |  |  |  |  |  |
Floating Rate Notes 2018 (€) |  |  | 750 |  |  |  | 749 |
1.750% Bonds 2020 (€) |  |  | 748 |  |  |  | 748 |
0.500% Notes 2022 (€) |  |  | 744 |  |  |  | 743 |
1.375% Notes 2029 (€) |  |  | 742 |  |  |  | - |
1.125% Bonds 2028 (€) |  |  | 693 |  |  |  | 692 |
0.875% Notes 2025 (€) |  |  | 646 |  |  |  | - |
0.375% Notes 2023 (€) |  |  | 598 |  |  |  | - |
1.000% Notes 2027 (€) |  |  | 597 |  |  |  | - |
1.000% Notes 2023 (€) |  |  | 497 |  |  |  | 496 |
0.000% Notes 2021 (€) |  |  | 496 |  |  |  | - |
0.500% Notes 2024 (€) |  |  | 493 |  |  |  | 492 |
0.000% Notes 2020 (€) |  |  | 299 |  |  |  | 299 |
2.950% Notes 2017 (Renminbi) |  |  | - |  |  |  | 41 |
Commercial paper |  |  | 3,655 |  |  |  | 819 |
Total NV |  |  | 10,958 |  |  |  | 5,079 |
Unilever PLC |  |  |  |  |  |  |  |
4.750% Bonds 2017 (£) |  |  | - |  |  |  | 466 |
1.125% Notes 2022 (£) |  |  | 390 |  |  |  | - |
2.000% Notes 2018 (£) |  |  | 283 | (a) |  |  | 294 | (a)
1.375% Notes 2024 (£) |  |  | 280 |  |  |  | - |
1.875% Notes 2029 (£) |  |  | 278 |  |  |  | - |
Commercial paper |  |  | - |  |  |  | 373 |
Total PLC |  |  | 1,231 |  |  |  | 1,133 |
Other group companies |  |  |  |  |  |  |  |
Switzerland |  |  |  |  |  |  |  |
Other |  |  | 6 |  |  |  | - |
United States |  |  |  |  |  |  |  |
4.250% Notes 2021 (US$) |  |  | 834 |  |  |  | 950 |
5.900% Bonds 2032 (US$) |  |  | 826 |  |  |  | 942 |
2.900% Notes 2027 (US$) |  |  | 821 |  |  |  | - |
2.200% Notes 2022 (US$) |  |  | 704 |  |  |  | - |
1.800% Notes 2020 (US$) |  |  | 666 |  |  |  | - |
4.800% Bonds 2019 (US$) |  |  | 627 |  |  |  | 714 |
2.200% Notes 2019 (US$) |  |  | 625 |  |  |  | 711 |
2.000% Notes 2026 (US$) |  |  | 575 |  |  |  | 655 |
0.850% Notes 2017 (US$) |  |  | - |  |  |  | 524 |
1.375% Notes 2021 (US$) |  |  | 456 |  |  |  | 519 |
2.100% Notes 2020 (US$) |  |  | 416 |  |  |  | 474 |
3.100% Notes 2025 (US$) |  |  | 413 |  |  |  | 470 |
2.600% Notes 2024 (US$) |  |  | 413 |  |  |  | - |
7.250% Bonds 2026 (US$) |  |  | 243 |  |  |  | 276 |
6.625% Bonds 2028 (US$) |  |  | 190 |  |  |  | 216 |
5.150% Notes 2020 (US$) |  |  | 129 |  |  |  | 149 |
7.000% Bonds 2017 (US$) |  |  | - |  |  |  | 142 |
5.600% Bonds 2097 (US$) |  |  | 76 |  |  |  | 87 |
Commercial paper (US$) |  |  | 2,421 |  |  |  | 1,892 |
Other countries |  |  | 79 |  |  |  | 120 |
Total other group companies |  |  | 10,520 |  |  |  | 8,841 |
Total bonds and other loans |  |  | 22,709 |  |  |  | 15,053 |
(a) | Of which €2 million (2016: €3 million) relates to a fair value adjustment following the fair value hedge accounting of a fixed-for-floating interest rate swap.

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