Unilever Group reports the following equity information for the years ended December 31, 2009 and 2010 (euros in millions). December 31 2010 2009 Share capital € 486 € 486 Share premium 139 169 Other reserves (6,457 ) (3,427 ) Retained profit 15,827 15,178 Shareholders’ equity € 9,995 € 12,406 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, 2009 and 2010 (euros in millions).

December 31	2010			2009
Share capital	€	486		€	486
Share premium		139			169
Other reserves		(6,457	)		(3,427	)
Retained profit		15,827			15,178
Shareholders’ equity	€	9,995		€	12,406

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.

2. Prepare Unilever’s journal entry, using its account titles, to record the issuance of capital stock assuming that its entire par value stock was issued on December 31, 2009, for cash.   3. What were Unilever’s 2010 dividends assuming that only dividends and income impacted retained profit for 2010 and that its 2010 income totaled €2,679? (Enter answers in millions of euros and not in whole euros.)   Explanation: 3. 2010 Retained profit = 2009Retained profit + 2010 Income – 2010 Dividends € 15,827 € 15,178 € 2,679 € 2,030