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Acquisitions and Disposals (Tables)
 12 Months Ended
Dec. 31, 2020
Text Block [Abstract]  
Summary of Impact of the Decrease in Shareholding on the Equity Attributable to Shareholders of the Group The table below shows the impact of the decrease in shareholding on the equity attributable to shareholders of the Group.
   
€ million
2020
 
67.2% share of HUL’s net assets acquired before acquisition of GSKCH
  
 
718
 
61.9% share of HUL’s net assets acquired after acquisition of GSKCH
  
 
661
 
   
 
 
 
Loss recognised in equity due to dilution
  
 
(57
) 
Gain arising from proportionate share of GSKCH’s net assets acquired
  
 
3,001
 
   
 
 
 
Net gain arising from the Main Horlicks Acquisition recognised in equity
  
 
2,944
 
   
 
 
 
Effect of Acquisitions on Consolidated Balance Sheet
   
€ million

2020
   € million
2019		   € million
2018		 
 
Net assets acquired
  
 
3,857
 
   771    815 
Non-controlling
interest
  
 
(27
) 
   (25)    (17) 
Goodwill
  
 
2,507
 
   421    496 
Total payment for acquisition
  
 
6,337
 
   1,167    1,294 
Exchange rate gain/(loss) on cash flow hedge
  
 
—  
 
   —      (100) 
   
 
 
   
 
 
   
 
 
 
Total consideration
  
 
6,337
 
   1,167    1,194 
   
 
 
   
 
 
   
 
 
 
In 2020 the net assets acquired and total payment for acquisitions consist of:
 
   Main Horlicks
Acquisition		   Other
acquisitions		   
€ million

2020
 
 
Intangible assets
  
 
3,345
 
  
 
737
 
  
 
4,082
 
Other
non-current
assets
  
 
249
 
  
 
35
 
  
 
284
 
Trade and other receivables
  
 
77
 
  
 
26
 
  
 
103
 
Other current assets
(a)
  
 
560
 
  
 
95
 
  
 
655
 
Non-current
liabilities
(b)
  
 
(905
) 
  
 
(202
) 
  
 
(1,107
) 
Current liabilities
  
 
(122
) 
  
 
(38
) 
  
 
(160
) 
   
 
 
   
 
 
   
 
 
 
Net assets acquired
  
 
3,204
 
  
 
653
 
  
 
3,857
 
Non-controlling
interest
  
 
—  
 
  
 
(27
) 
  
 
(27
) 
Goodwill
  
 
2,090
 
  
 
417
 
  
 
2,507
 
Exchange rate gain/(loss) on cash flow hedges
  
 
—  
 
  
 
—  
 
  
 
—  
 
   
 
 
   
 
 
   
 
 
 
Total consideration
  
 
5,294
 
  
 
1,043
 
  
 
6,337
 
Of which
               
Consideration paid
(c)
  
 
5,294
 
  
 
1,019
 
  
 
6,313
 
Deferred consideration
  
 
—  
 
  
 
24
 
  
 
24
 
 
(a)
Other current assets include
financial
assets of €463
 
million and cash of €36
 
million related to the Main Horlicks Acquisition.
(b)
Non-current
liabilities include deferred tax of €746
 
million related to the Main Horlicks Acquisition.
(c)
For the Main Horlick Acquisition consideration paid was €449
 
million in cash and €4,845
 
million in equity shares. For the other acquisitions all consideration was paid in cash.
Summary of Impact of Disposals The following table sets out the effect of the disposals in 2020, 2019 and 2018 on the consolidated balance sheet. The results of disposed businesses are included in the consolidated financial statements up to their date of disposal.
   
€ million
2020
   € million
2019		   € million
2018		 
Goodwill and intangible assets
   1   82    2,510 
Other
non-current
assets
   21    19    666 
Current assets
   5
 
   15    261 
Trade creditors and other payables
   (1
)
 		   (12)    (107) 
   
 
 
   
 
 
   
 
 
 
Net assets sold
   26    104    3,330 
(Gain)/loss on recycling of currency retranslation on disposal
   —      —      (71) 
Profit/(loss) on sale attributable to Unilever
   9
 
   65    4,331 
   
 
 
   
 
 
   
 
 
 
Consideration
   35    169    7,590 
   
 
 
   
 
 
   
 
 
 
Cash
   34    168    7,135 
Cash balances of businesses sold
   —      1    321 
Non-cash
items and deferred consideration
   1
 
   —      134 
   
 
 
 
  
 
 
   
 
 
 
   
 
35
 
   169    7,590