XML 54 R47.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Non-current Assets (Tables)
 12 Months Ended
Dec. 31, 2017
Text Block1 [Abstract]  
Summary of Other Non-current Assets

 

               € million                € million  
      2017      2016  

Interest in net assets of joint ventures

      32        36  

Interest in net assets of associates

      44        51  

Long-term trade and other receivables(a)

      265        306  

Operating lease prepayments for land

      116        115  

Fair value of biological assets

      17        51  

Other non-current assets(b)

      83        159  
       557        718  

 

(a)  Mainly relate to indirect tax receivables where we do not have the contractual right to receive payment within 12 months.
(b)  2017 mainly relates to tax assets (2016: assets held in escrow for the UK pension fund and tax assets).

 
Movements in Interest in Joint Ventures and Associates

 

Movements during 2017 and 2016              €million
2017		               €million
2016		  

Joint ventures(a)

     

1 January

      36       48  

Additions

      -       24  

Dividends received/reductions

      (155 )      (151 ) 

Share of net profit/(loss)

      155       130  

Currency retranslation

      (4 )      (15 ) 

31 December

      32       36  

Associates(b)

     

1 January

      51       59  

Additions

      5       7  

Dividend received/reductions

      (10 )      (8 ) 

Share of net profit/(loss)

      -       (3 ) 

Currency retranslation

      (2 )      (4 ) 

31 December

      44       51  

 

(a)  Our principal joint ventures are Unilever Jerónimo Martins for Portugal, the Pepsi/Lipton Partnership for the US and Pepsi Lipton International for the rest of the world.
(b)  Associates as at 31 December 2017 primarily comprise our investments in Langholm Capital Partners. Other Unilever Ventures assets are included under ‘Other non-current non-financial assets’.