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Unilever NV, et al. – ‘F-3ASR’ on 9/30/14 – EX-12

On:  Tuesday, 9/30/14, at 11:52am ET   ·   Effective:  9/30/14   ·   Accession #:  1047469-14-7971   ·   File #s:  333-199023, -01, -02, -03

Previous ‘F-3ASR’:  ‘F-3ASR’ on 11/1/11   ·   Next:  ‘F-3ASR’ on 7/27/17   ·   Latest:  ‘F-3ASR’ on 8/13/20   ·   1 Reference:  By:  Unilever NV – Latest ‘F-3ASR’ on 8/13/20

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 9/30/14  Unilever NV                       F-3ASR      9/30/14    8:1.4M                                   Merrill Corp/New/FA
          Unilever Capital Corp
          Unilever PLC
          Unilever United States Inc

Automatic Shelf Registration Statement for Securities of a Well-Known Seasoned Foreign Private Issuer   —   Form F-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: F-3ASR      Automatic Shelf Registration Statement for          HTML    190K 
                          Securities of a Well-Known Seasoned                    
                          Foreign Private Issuer                                 
 2: EX-4.(A)    Instrument Defining the Rights of Security Holders  HTML    678K 
 3: EX-5.(A)    Opinion re: Legality                                HTML     18K 
 4: EX-5.(B)    Opinion re: Legality                                HTML     25K 
 5: EX-5.(C)    Opinion re: Legality                                HTML     54K 
 6: EX-12       Statement re: Computation of Ratios                 HTML     34K 
 7: EX-23.(A)   Consent of Experts or Counsel                       HTML      8K 
 8: EX-25       Statement re: Eligibility of Trustee                HTML     72K 


EX-12   —   Statement re: Computation of Ratios


This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]




Exhibit 12

 

Calculation of Ratio of Earnings to Fixed Charges

 

The ratio of earnings to fixed charges is determined using the following applicable factors:

 

Earnings available for fixed charges are calculated, first, by determining the sum of: (a) net profit before taxation and the Unilever Group’s share of net profit/(loss) of joint ventures and associates; (b) dividend income receivable from joint ventures and associates; and (c) fixed charges, as defined below.

 

Fixed charges are calculated as the sum of: (a) finance costs (both expensed and capitalized); and (b) one-third of lease costs (e.g., that portion of rental expense that is representative of the interest factor).

 

 

 

 

Six
months
ended
June
30,

 

Year ended December 31,

 

 

 

2014

 

2013

 

2012

 

2011

 

2010

 

2009

 

 

 

(€ million)

 

Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

Net profit

 

2,995

 

5,263

 

4,836

 

4,491

 

4,465

 

3,646

 

Add: Taxation

 

1,223

 

1,851

 

1,697

 

1,575

 

1,486

 

1,253

 

(Less)/Add: Share of net profit/(loss) of joint ventures and associates

 

(61

)

(113

)

(105

)

(113

)

(111

)

(115

)

Add: Dividend income receivable from joint ventures and associates

 

60

 

110

 

119

 

111

 

141

 

177

 

Add: Fixed charges

 

354

 

663

 

712

 

691

 

634

 

640

 

 

 

4,571

 

7,774

 

7,259

 

6,755

 

6,615

 

5,601

 

Fixed charges

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance costs

 

273

 

500

 

526

 

540

 

480

 

483

 

Add: One-third of lease costs

 

81

 

163

 

186

 

151

 

154

 

157

 

 

 

354

 

663

 

712

 

691

 

634

 

640

 

Ratio of earnings to fixed charges (times)

 

12.9

 

11.7

 

10.2

 

9.8

 

10.4

 

8.8

 

 




Dates Referenced Herein

This ‘F-3ASR’ Filing    Date    Other Filings
12/31/14None on these Dates
Filed on / Effective on:9/30/14
 List all Filings


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/13/20  Unilever NV                       F-3ASR      8/13/20    7:2.3M                                   Toppan Merrill/FA
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Filing Submission 0001047469-14-007971   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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