Standalone 7 Hndustan Unlever Lmted

Nole
As al
31sl March, 201/
As at
31st March, 2013
E0UITY AN0 LIASILITIE5
5harehoLders' lunds
Share capital 3 216.27 216.25
Reserves and surplus / 3,060.78 2,457.77
Non-currenl LacLles
Other long-term liabilities 5 278.82 476.25
Long-term provisions 838.69 706.34
0urrenl LacLles
Trade payables 7 5,793.89 5,167.69
Other current liabilities 852.94 616.15
Short-term provisions 10 1,957.01 1,872.02
T0TAL 12,8./0 11,512./7
A55ET5
Non-currenl assels
Fxed Assels
Tangible assets 12 2,397.94 2,256.79
Intangible assets 13 24.12 36.11
Capital work-in-progress 312.08 205.32
Intangible assets under development 7.70 10.32
Non-currenl nveslmenls 1/ 636.17 548.03
0elerred lax assels nel! 15 161.73 204.78
Long-lerm Loans and advances 1 605.51 384.29
0lher non-currenl assels 17 0.68 296.84
0urrenl assels
Current investments 18 2,457.95 1,782.63
Inventories 1 2,747.53 2,526.99
Trade receivables 20 816.43 833.48
Cash and bank balances 21 2,220.97 1,707.89
Short-term loans and advances 22 537.68 648.26
Other current assets 23 71.91 70.74
T0TAL 12,8./0 11,512./7
Summary of significant accounting policies 2
Contingent liabilities, capital and other commitments 2/, 25
The accompanyng noles are an nlegraL parl ol lhese nancaL slalemenls
SALANCE 5IEET
As at 31st March, 2014
ALL amounls n Rs. crores, unLess olherwse slaled!
As per our report of even date
For LoveLock & Lewes
Firm Registration No. 301056E
Chartered Accountants
Pradp Kanaka
Partner
Membership No. 39985
Mumbai : 28th April, 2014
For and on behalf of Board of Directors
5an|v Mehla Managing Director and CEO 5rdhar Ramamurlhy Executive Director
(Finance & IT) and CFO
Adlya Narayan Chairman - Audit Committee
Rlesh Twar Group Controller 0ev Sa|pa Executive Director
Legal and Company
Secretary
Mumbai : 28th April, 2014
Overview Financial Statements Shareholder Information Reports
Standalone 77 Annual Report 2013-14
Nole
Year ended
31sl March, 201/
Year ended
31st March, 2013
RE\ENUE FR0M 0PERATI0N5 0R055! 27 29,557.90 27,283.59
Less: Excise duty (1,538.77) (1,473.38)
Revenue lrom operalons nel! 28,01.13 25,810.21
Other income 28 621.03 606.90
T0TAL RE\ENUE 28,/0.1 2,/17.11
EXPEN5E5
Cost of materials consumed 2 11,159.81 10,284.66
Purchases of stock-in-trade 30 3,350.19 3,235.31
Changes in inventories of finished goods (including stock-in-
trade) and work-in-progress 31 (166.38) (31.13)
Employee benefits expenses 32 1,435.95 1,318.34
Finance costs 33 36.03 25.15
Depreciation and amortisation expenses 3/ 260.55 236.02
Other expenses 35 7,764.30 6,999.28
T0TAL EXPEN5E5 23,8/0./5 22,07.3
Prol celore exceplonaL lems and lax 4,799.71 4,349.48
Exceptional items 3 228.68 608.40
Prol celore lax 5,028.39 4,957.88
Tax expenses
Current tax (1,293.15) (1,167.59)
Deferred tax (24.83) (9.45)
Tax adjustments of prior years (net) 157.08 15.83
PR0FIT F0R TIE YEAR 3,87./ 3,7.7
Earnngs per equly share 37
Basic (Face value of Re. 1 each) Rs. 17.88 Rs. 17.5
Diluted (Face value of Re. 1 each) Rs. 17.87 Rs. 17.55
5ummary ol sgncanl accounlng poLces 2
The accompanyng noles are an nlegraL parl ol lhese nancaL slalemenls
5TATEMENT 0F PR0FIT AN0 L055
For the year ended 31st March, 2014
ALL amounls n Rs. crores, unLess olherwse slaled!
As per our report of even date
For LoveLock & Lewes
Firm Registration No. 301056E
Chartered Accountants
Pradp Kanaka
Partner
Membership No. 39985
Mumbai : 28th April, 2014
For and on behalf of Board of Directors
5an|v Mehla Managing Director and CEO 5rdhar Ramamurlhy Executive Director
(Finance & IT) and CFO
Adlya Narayan Chairman - Audit Committee
Rlesh Twar Group Controller 0ev Sa|pa Executive Director
Legal and Company
Secretary
Mumbai : 28th April, 2014
Standalone 78 Hndustan Unlever Lmted
Year ended
31sl March, 201/
Year ended
31st March, 2013
A 0A5I FL0W FR0M 0PERATIN0 A0TI\ITIE5.
Prol celore exceplonaL lems and lax /,7.71 /,3/./8
Adjustments for:
Depreciation and amortisation expenses 260.55 236.02
Net gain on sale of investments (259.08) (199.24)
Deficit on fixed assets sold, scrapped, etc. (net) 12.25 10.84
Interest income (258.02) (270.02)
Dividend income (103.93) (123.66)
Provision for expenses on employee stock options/ performance share
schemes 7.00 12.20
Provision for diminution in the value of non-current investments 13.46 18.12
Provision/ (write back) for doubtful debts and advances (net) (18.35) 5.63
Bad debts/ advances written off 22.11 5.50
Provision for Mark to Market loss on derivative instruments 17.33 3.37
Interest expense 36.03 25.15
(270.65) (276.09)
0peralng prol celore workng caplaL changes /,52.0 /,073.3
Adjustments for:
(Increase)/decrease in trade receivables 13.04 (161.89)
(Increase)/decrease in short-term loans and advances 70.61 (127.06)
(Increase)/decrease in long-term loans and advances (64.99) (3.51)
Increase/(decrease) in trade payables 608.87 541.36
Increase/(decrease) in long-term provisions 51.12 49.78
Increase/(decrease) in short-term provisions (3.39) (11.64)
Increase/(decrease) in other current liabilities 368.96 49.40
Increase/(decrease) in other long-term liabilities (344.87) 146.56
(Increase)/decrease in inventories (220.54) (10.34)
478.81 472.66
0ash generaled lrom operalons 5,007.87 /,5/.05
Taxes paid (net of refunds) (1,278.53) (1,004.67)
0ash ow celore exceplonaL lems 3,72.3/ 3,5/1.38
ExceplonaL lems.
Compensation paid under voluntary separation schemes - (1.78)
Amounts paid for other restructuring activities (5.19) (10.02)
Nel cash generaled lrom operalng aclvles - [A| 3,72/.15 3,52.58
S 0A5I FL0W FR0M IN\E5TIN0 A0TI\ITIE5.
Purchase of tangible/ intangible assets (530.81) (405.65)
Sale proceeds of tangible assets 19.66 0.80
Investment in equity shares of a subsidiary (100.64) -
Purchase of other non-current investments (11.13) (380.65)
Sale of non-current investments 9.13 -
Investment in long term deposits with banks - (296.84)
Purchase of current investments (9,537.48) (15,779.65)
CA5I FL0W 5TATEMENT
For the year ended 31st March, 2014
ALL amounls n Rs. crores, unLess olherwse slaled!
Overview Financial Statements Shareholder Information Reports
Standalone 7 Annual Report 2013-14
CA5I FL0W 5TATEMENT C0NT0.!
For the year ended 31st March, 2014
ALL amounls n Rs. crores, unLess olherwse slaled!
Year ended
31sl March, 201/
Year ended
31st March, 2013
Sale proceeds of current investments 9,091.73 16,382.18
Loans given to subsidiaries/ fellow subsidiaries (261.77) (117.86)
Loans repaid by subsidiaries/ fellow subsidiaries 135.74 87.55
Investment in bank deposits (having original maturity more than 3 months) (2,549.72) (4,310.94)
Redemption/ maturity of bank deposits (having original maturity
more than 3 months) 2,641.19 3,853.37
Interest received 210.38 207.81
Gain on sale of short term highly liquid investments 29.53 65.98
Dividend received from subsidiaries 130.63 51.21
Dividend received from others 13.27 31.95
0ash ow celore exceplonaL lems 710.2! 10.7/!
ExceplonaL lems.
Consideration received on disposal of surplus properties 197.13 645.07
Nel cash used n!} generaled lrom nveslng aclvles - [S| 513.1! 3/.33
0 0A5I FL0W FR0M FINAN0IN0 A0TI\ITIE5.
Dividends paid (2,472.70) (3,550.31)
Dividend distribution tax paid (406.39) (575.51)
Amounts deposited in bank accounts towards unpaid dividends (14.19) (16.81)
Interest paid (25.02) (25.15)

Proceeds from share allotment under employee stock options/ performance

share schemes 1.51 7.34
Nel cash used n nancng aclvles - [0| 2,1.7! /,10.//!
Nel ncrease}decrease! n cash and cash equvaLenls - [A-S-0| 294.20 (596.53)
0ash and cash equvaLenls al lhe cegnnng ol lhe year 326.41 922.94
0ash and cash equvaLenls al lhe end ol lhe year 20.1 32./1
0ash and cash equvaLenls comprse ol.
Cash on hand 1.42 1.17
SaLances wlh canks
In current accounts 34.50 43.17
Term deposits with original maturity of less than three months 417.02 282.07
5horl lerm, hghLy Lqud nveslmenls
Treasury bills with original maturity of less than three months 167.67 -
20.1 32./1
As per our report of even date
For LoveLock & Lewes
Firm Registration No. 301056E
Chartered Accountants
Pradp Kanaka
Partner
Membership No. 39985
Mumbai : 28th April, 2014
For and on behalf of Board of Directors
5an|v Mehla Managing Director and CEO 5rdhar Ramamurlhy Executive Director
(Finance & IT) and CFO
Adlya Narayan Chairman - Audit Committee
Rlesh Twar Group Controller 0ev Sa|pa Executive Director
Legal and Company
Secretary
Mumbai : 28th April, 2014