Saturday 7 December 2013

Unilever Group reports the following equity information for the years ended December 31, 2007 and 2008 (euros in millions). December 31 2008 2007 Share capital € 493 € 493 Share premium 133 159 Other reserves (6,461 ) (3,420 ) Retained profit 15,821 15,176 Shareholders’ equity € 9,986 € 12,408 1. Match each of the three account titles share capital, share premium, and retained profit with the usual account title applied under U.S. GAAP.

Unilever Group reports the following equity information for the years ended December 31, 2007 and 2008 (euros in millions).
   
  December 31 2008 2007
  Share capital 493   493  
  Share premium   133     159  
  Other reserves   (6,461 )   (3,420 )
  Retained profit   15,821     15,176  
 

 

 
  Shareholders’ equity 9,986   12,408  
 



 



 

   
1.
Match each of the three account titles share capital, share premium, and retained profit with the usual account title applied under U.S. GAAP.
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Explanation: 3.
2008 Retained profit = 2007 Retained profit + 2008 Income 2008 Dividends
€ 15,821   € 15,176   € 2,678   € 2,033

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