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Investment and Return (Tables)
 12 Months Ended
Dec. 31, 2018
Text block1 [abstract]  
Schedule of Cash Resources and Other Financial Assets

The Group’s Treasury function aims to protect the Group’s financial investments, while maximising returns. The fair value of financial assets is the same as the carrying amount for 2018 and 2017. The Group’s cash resources and other financial assets are shown below.

 

     € million      € million      € million      € million      € million      € million  
            Non-                    Non-         
     Current      current      Total      Current      current      Total  

Financial assets(a)

    2018      2018      2018      2017      2017      2017  

Cash and cash equivalents

                  

Cash at bank and in hand

      2,174        —          2,174        1,904        —          1,904  

Short-term deposits with maturity of less than three months

      1,024        —          1,024        1,333        —          1,333  

Other cash equivalents

      32        —          32        80        —          80  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  
     3,230        —          3,230        3,317        —          3,317  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Other financial assets

                  

Amortised cost(b)

      382        247        629        —          —          —    

Financial assets at fair value through other comprehensive income(c)

      154        175        329        —          —          —    

Financial assets at fair value through profit or loss:

                  

Derivatives

      194        —          194        116        —          116  

Other(d)

      144        220        364        137        2        139  

Held-to-maturity investments

      —          —          —          38        125        163  

Loans and receivables

      —          —          —          277        186        463  

Available-for-sale financial assets

      —          —          —          202        362        564  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  
     874        642        1,516        770        675        1,445  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      4,104        642        4,746        4,087        675        4,762  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

 

(a) 

For the purposes of this note and note 15C, 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)

Current amortised cost assets include short-term deposits with banks with maturities of longer than three months. These are reclassified from loans and receivables under IAS 39, on adoption of IFRS9.
(c)

Current financial assets at fair value through other comprehensive income include Indian government securities. Included within non-current financial assets at fair value through other comprehensive income are equity investments of €148 million. These investments are not held by Unilever for trading purposes and hence the Group has opted to recognise fair value movements through other comprehensive income. These assets are reclassified from available-for-sale financial assets on adoption of IFRS 9. The fair value movement in 2018 of these equity investments was €(9) million.
(d) 

Current other financial assets at fair value through profit or loss include A- or higher rated money and capital market instruments. Included within non-current financial assets at fair value through profit or loss are assets in a trust to fund benefit obligations in the US (see also note 4B) of €59 million (2017: €63 million) and investments in a number of companies and financial institutions in Europe, Australia, India and the US.
Schedule of Cash and Cash Equivalents Reconciliation to Cash Flow Statement
     € million      € million  

Cash and cash equivalents reconciliation to the cash flow statement

    2018      2017  

Cash and cash equivalents per balance sheet

      3,230        3,317  

Less: bank overdrafts

      (140 )       (167 ) 

Add: cash and cash equivalents included in assets held for sale

      —          19  
  

 

 

     

 

 

  

Cash and cash equivalents per cash flow statement

      3,090        3,169