XML 84 R47.htm IDEA: XBRL DOCUMENT v3.19.1
Other Non-current Assets (Tables)
12 Months Ended
Dec. 31, 2018
Text block1 [abstract]  
Summary of Other Non-current Assets
     € million
2018
     € million
2017
 

Interest in net assets of joint ventures

     14        32  

Interest in net assets of associates

     40        44  

Long-term trade and other receivables(a)

     307        265  

Operating lease prepayments for land

     118        116  

Fair value of biological assets

     18        17  

Other non-current assets(b)

     151        83  
  

 

 

    

 

 

 
     648        557  
  

 

 

    

 

 

 

 

(a)

Mainly relates to indirect tax receivables where we do not have the contractual right to receive payment within 12 months.

(b)

Mainly relates to tax assets.

Movements in Interest in Joint Ventures and Associates

Movements during 2018 and 2017

   € million
2018
     € million
2017
 

Joint ventures(a)

     

1 January

     32        36  

Additions

     5        —    

Dividends received/reductions(b)

     (216      (155

Share of net profit/(loss)

     190        155  

Currency retranslation

     3        (4
  

 

 

    

 

 

 

31 December

     14        32  
  

 

 

    

 

 

 

Associates(c)

     

1 January

     44        51  

Additions

     3        5  

Dividend received/reductions

     —          (10

Share of net profit/(loss)

     (5      —    

Currency retranslation

     (2      (2
  

 

 

    

 

 

 

31 December

     40        44  
  

 

 

    

 

 

 

 

(a)

Our principal joint ventures are Unilever FIMA LDA for Portugal, the Pepsi/Lipton Partnership for the US and Pepsi Lipton International for the rest of the world.

(b) 

In 2018, includes capital reduction in joint venture of Unilever FIMA LDA for €64 million.

(c)

Associates as at 31 December 2018 primarily comprise our investments in Langholm Capital Partners.