Unilever is a British-Dutch consumer goods company that owns over 400 brands across food, beverages, cleaning agents, beauty, and personal care products. Hindustan Unilever Limited (HUL) is Unilever's Indian subsidiary headquartered in Mumbai. HUL has a portfolio of 35 brands across 20 categories and annual sales of Rs. 34,619 crores in 2017-18. The document provides financial statements and analysis of Unilever from 2014-2018, showing increases in turnover, operating profit, and net profit each year. Key financial ratios like operating profit ratio and net profit ratio also increased during this period.

1. FINANCIAL STATEMENT ANALYSIS
DIKSHITHA S
GANGOTHRI T
GAZALA AFREEN
N PRAGATHI
NOORI MOHAMADI
PRIYANKA R
THILAKAVATHI M

2. UNILEVER
• Unilever is a British-Dutch transnational consumer goods company co-
headquartered in London, United Kingdom and Rotterdam, Netherlands .
Its products include food and beverages (about 40 per cent of its revenue),
cleaning agents, beauty products, and personal care products. It is
Europe’s seventh most valuable company. Unilever is one of the oldest
multinational companies; its products are available in around 190
countries.
• Unilever owns over 400 brands, with a turnover in 2017 of 53.7 billion
euros, and thirteen brands with sales of over one billion euros: Axe/Lynx,
Dove, Omo, Heartbrand ice creams, Hellmann's, Knorr, Lipton, Lux,
Magnum, Rexona/Degree, Sunsilk and Surf . It is a dual-listed company
consisting of Unilever plc, based in London, and Unilever N.V., based in
Rotterdam. The two companies operate as a single business, with a
common board of directors. Unilever is organised into four main divisions
– Foods, Refreshment (beverages and ice cream), Home Care, and Beauty
& Personal Care. It has research and development facilities in the United
Kingdom (two), the Netherlands, China, India and the United States.

4. Hindustan Unilever Limited (HUL) is a British-Dutch company headquartered in
Mumbai, Maharashtra . Its products include foods, beverages, cleaning agents,
personal care products, water purifiers and consumer goods.
HUL was established in 1933 as Lever Brothers. Following the merger among Lever
Brothers in 1956, it was renamed as Hindustan Lever Limited. The company was
renamed in June 2007 as "Hindustan Unilever Limited".
As of 2019 HUL portfolio had 35 product brands in 20 categories and employs
18,000 employees with sales of Rs. 34,619 crores in 2017-18.
In December 2018, HUL announced its acquisition of Glaxo Smithkline’s India
business for $3.8 billion in an all equity merger deal with 1:4.39 ratio. However
the integration of 3800 employees of GSK remained uncertain as HUL stated there
was no clause for retention of employees in the deal. In January 2019, HUL said
that it expects to complete the merger with Glaxo Smith Kline Consumer
Healthcare (GSKCH India) this year.

7. 40%
40%
20%
TURNOVER = 50982 EURO MILLION
BEAUTY AND
PERSONAL CARE
FOODS AND
REFRESHMENT
HOME CARE

8. CONSOLIDATED INCOME
STATEMENTS

9. PARTICULARS 31st March
2014
31st March
2015
31st March
2016
31st March
2017
31st March
2018
Turnover 48436 53272 52713 53715 50982
Operating profit 7980 7515 7801 8857 12535
After (charging)/crediting non-underlying
items
960 (796) (823) (543) 3175
Net finance costs (477) (493) (563) (877) (481)
Net monetary gain/(loss) arising from
hyperinflationary economies
- - - - 122
Share of net profit/(loss) of joint ventures and
associates
98 107 127 155 185
After crediting non underlying items - - - - 32
Other income/(loss)from non current
investments and associates
45 91 104 18 22
Profit before taxation 7646 7220 7469 8153 12383
Taxation (2131) (1961) (1922) (1667) (2575)
After (charging)/crediting tax impact of non
underlying items
- 180 213 655 (288)
Net profit 5515 5259 5547 6486 9808
Attributable to :
Non – controlling interests
Shareholders’equity
344
5171
350
4909
363
5184
433
6053
419
9389
Combined earnings per share
Basic earnings per share
Diluted earnings per share
1.82
1.79
1.73
1.72
1.83
1.82
2.16
2.15
3.5
3.48

10. 48436
53272 52713
53715
50982
45000
50000
55000
2014 2015 2016 2017 2018
TURNOVER
TURNOVER
7980 7515 7801 8857
12535
0
5000
10000
15000
2014 2015 2016 2017 2018
OPERATING PROFIT
OPERATING PROFIT
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
9.98% (1.04)% 1.9% (5.08)% 5.25 %
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
(5.82)% 3.80% 13.53% 41.52% 57.08%

11. 5515 5259 5547
6486
9808
0
2000
4000
6000
8000
10000
12000
2014 2015 2016 2017 2018
NET PROFIT
NET PROFIT
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
(4.64)% 5.47% 16.92% 51.21% 77.84%

12. OPERATING PROFIT RATIO
Operating profit ratio = operating profit x 100
turnover
NET PROFIT RATIO
Net profit ratio = net profit x 100
turnover
2014 2015 2016 2017 2018
16.47% 14.10 % 14.79 % 16.48 % 24.58 %
2014 2015 2016 2017 2018
11.38 % 9.87 % 10.52 % 12.07 % 19.23 %

13. CONSOLIDATED BALANCESHEET

14. PARTICULARS 31st march
2014
31st march
2015
31st march
2016
31st march
2017
31st march
2018
ASSETS
Non-current Assets
Goodwill 14,642 16,213 17,624 16,881 17,341
Intangible Assets 7,532 8,846 9,809 11,520 12,152
Property, Plant & Equipment 10,472 11,058 11,673 10,411 10,347
Pension Asset For Funded Schemes In Surplus 376 934 694 2,173 1,728
Deferred Tax Assets 1286 1185 1354 1085 1117
Financial Assets 715 605 673 675 642
Other Current Assets 657 771 718 557 648
35,680 39,612 42,545 43,302 43,975
Current Assets
Inventories 4,168 4,335 4,278 3,962 4,301
Trade & Other Current Receivables 5,029 4,804 5,102 5,222 6,485
Current Tax Assets 281 230 317 488 472
Cash & Cash Equivalents 2,151 2,302 3,382 3,317 3230
Other Financial Assets 671 836 599 770 874
Non-current Assets Held For Sale 47 179 206 3,224 119
12,347 12,686 13,884 16,983 15,481
TOTALASSETS 48,027 52,298 56,429 60,285 59,456

15. PARTICULARS 31st march
2014
31st march
2015
31st march
2016
31st march
2017
31st march
2018
LIABILITIES
Current Liabilities
Financial Liabilities 5,536 4,789 5,450 7,968 3,235
Trade Payables & Other Current Liabilities 12,606 13,788 13,871 13,426 14,457
Current Tax Liabilities 1,081 1,127 844 1,088 1,445
Provisions 418 309 390 525 624
Liabilities Held For Sale 1 6 1 170 11
TOTAL 19,642 20,019 20,556 23,177 19,772
Non-current Liabilities
Financial Liabilities 7,186 9,854 11,145 16462 21,650
Non-current Tax Liabilities 161 121 120 118 174
Pensions And Post-retirement Health Care Liabilities:
Funded Schemes In Deficit
Unfunded Schemes
2,222
1,725
1,569
1,685
2,163
1,704
1,225
1,509
1,209
1,393
Provisions 916 831 1033 794 697
Deferred Tax Liabilities 1,534 1,744 2061 1,913 1,923
Other Non Current Liabilities 378 393 667 700 346
14,122 16,197 18,893 22,721 27,392
TOTAL 33,764 36,216 39,449 45,898 47,164

16. PARTICULARS 31st march
2014
31st march
2015
31st march
2016
31st march
2017
31st march
2018
EQUITY
Shareholders Equity
Called Up Share Capital 484 484 484 484 464
Share Premium Account 145 152 134 130 129
Other Reserves (7538) (7,816) (7,443) (13,633) (15,286)
Retained Profit 20,560 22,619 23,179 26,648 26,265
13,651 15,439 16,354 13,629 11,572
Non Controlling Interests 612 643 626 758 720
Total Equity 14,263 16,082 16,980 14,387 12,292
TOTAL LIABILITIES & EQUITY 48,027 52,298 56,429 60,285 59,456

17. 35680
39612
42545 43302 43975
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
2014 2015 2016 2017 2018
NON CURRENT ASSETS
NON CURRENT ASSETS
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
11.02 % 7.40 % 1.77 % 1.55 % 23.24 %

18. 12347 12686
13884
16983
15481
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
2014 2015 2016 2017 2018
CURRENT ASSETS
CURRENT ASSETS
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
2.74 % 9.44 % 22.32 % (8.84) % 25.38 %

19. 19642
20019
20556
23177
19772
17000
18000
19000
20000
21000
22000
23000
24000
2014 2015 2016 2017 2018
CURRENT LIABILITIES
CURRENT LIABILITIES
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
1.91 % 2.68 % 12.75 % (14.69) % 0.66 %

20. 14121
16197
18893
22721
27392
0
5000
10000
15000
20000
25000
30000
2014 2015 2016 2017 2018
NON CURRENT LIABILITIES
NON CURRENT LIABILITIES
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
14.70 % 16.64 % 20.26 % 20.55 % 93.98 %

21. 14263
16082
16980
14387
12292
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
2014 2015 2016 2017 2018
EQUITY
EQUITY
PERCENTAGE CHANGE
(INCREASE/DECREASE)
2014 & 15 2015 & 16 2016 & 17 2017 & 18 2014 & 18
12.75 % 5.58 % (15.27) % (14.56) % (13.81) %

22. CURRENT RATIO
CURRENT RATIO = CURRENT ASSETS
CURRENT LIABILITIES
2014 2015 2016 2017 2018
0.63 : 1 0.63: 1 0.67 :1 0.73 :1 0.78 :1
DEBT EQUITY RATIO
DEBT EQUTY RATIO = DEBT
EQUITY
2014 2015 2016 2017 2018
0.99 :1 1 :1 1.11 :1 1.58 :1 2.23 :1

23. TOTAL ASSET TO DEBT RATIO
TOTAL ASSET TO DEBT RATIO = TOTAL ASSETS
LONG TERM DEBTS
2014 2015 2016 2017 2018
3.4 :1 3.23 :1 2.99:1 2.65:1 2.17:1
PROPRIETORY RATIO
PROPRIETORY RATIO = SHAREHOLDERS FUNDS OR
PROPRIETORY FUNDS
TOTAL ASSETS
2014 2015 2016 2017 2018
0.29:1 0.3:1 0.3:1 0.24:1 0.21:1

24. THANK YOU