Acquisitions and Disposals (Tables)

12 Months Ended

Dec. 31, 2017

Effect of Acquisitions on Consolidated Balance Sheet

Detailed information relating to goodwill is provided in note 9 on pages 108 to 110. The value of goodwill which is expected to be tax deductible is €568 million.

€ million

€ million

2017

2016

2015

Net assets acquired

2,423

929

999

Non-controlling interest

(50

)

Goodwill

2,539

1,140

1,012

Total consideration

4,912

2,069

2,011

In 2017 the net assets acquired and total consideration consist of:

Carver
Korea

Other
acquisitions

€ million
2017

Intangible assets

1,520

1,090

2,610

Other non-current assets

Trade and other receivables

Other current assets

150

249

Non-current liabilities

(369

)

(119

)

(488

)

Current liabilities

(52

)

(85

)

(137

)

Net assets acquired

1,281

1,142

2,423

Non-controlling interest

(27

)

(23

)

(50

)

Goodwill

1,030

1,509

2,539

Cash consideration

2,284

2,541

4,825

Deferred consideration

Total consideration

2,284

2,628

4,912

Summary of Impact of Disposals

The following table sets out the effect of the disposals in 2017, 2016 and 2015 on the consolidated balance sheet. The results of disposed businesses are included in the consolidated financial statements up to their date of disposal.


	€ million			€ million			€ million
	2017			2016			2015
Goodwill and intangible assets		71			85			47
Other non-current assets		92			29			2
Current assets		10			5			23
Trade creditors and other payables		(8	)		-			(2	)
Net assets sold		165			119			70
(Gain)/loss on recycling of currency retranslation on disposal		66			-			-
Profit/(loss) on sale attributable to Unilever		332			(95	)		(9	)
Consideration		563			24			61

Cash		560			16			62
Cash balances of businesses sold		-			8			(1	)
Non-cash items and deferred consideration		3			-			-
		563			24			61