Unilever Nigeria : Unaudited Statement of Financial Position and CashFlows September 2023
October 20, 2023 at 12:53 pm EDT
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Unilever Nigeria PLC (RC 113)
1 Billings Way, Oregun
P.O. Box 1063, Ikeja Lagos
T: +234 (1) 279 3000 & +234 803 906 6000
www.unilevernigeria.com
UNAUDITED RESULTS FOR PERIOD ENDED 30 SEPTEMBER 2023
Statement of Financial Position
Statement of Cash Flows for the Period Ended
As at
30/09/2023
31/12/2022
Changes vs 2022
30/09/2023
30/09/2022
N 'mill
N 'mill
N 'mill
N 'mill
N 'mill
Non-current assets
21,010
21,494
(484)
Net cashflow genarated from operating activities
6,708
5,960
Current assets
114,395
103,896
10,499
Current liabilities
(62,516)
(55,377)
(7,139)
Net cash flows/ (used) in investing activities
1,401
522
Net current Assets
51,878
48,519
3,359
Net cash used in financing activities
(624)
(632)
Total assets less current liabilities
72,888
70,013
2,875
Non-current liabilities
(5,089)
(2,448)
(2,641)
At start of the year
66,318
55,698
Net assets
67,798
67,565
233
Inrease in cash and cash equivalents
7,484
5,849
As at end of the year
73,802
61,547
Shareholders' funds
67,798
67,565
233
His Majesty N.A Achebe CFR, MNI
Tim Kleinebenne*
Folake Ogundipe
Chairman
Managing Director
National Finance Director
FRC/2013/NIM/00000001568
FRC/2019/ICAN/00000019604
Dated this 19th October 2023
Oregun, Lagos
*The Financial Reporting Council (FRC) granted a waiver to the Managing Director to sign the Financial Statements without FRC registration number. His FRC number will be obtained in due course.
Directors: His Majesty Nnaemeka A. Achebe, CFR, mni, Obi of Onitsha (Chairman), Tim Kleinebenne (Managing Director) (Deutsch), Jaime Aguilera (Spanish), Abiola Alabi (Mrs), Ammuna Lawan Ali OON, Michael Ikpoki, Chika Nwobi, Folake Ogundipe (Mrs), Mutiu Sunmonu CON
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Disclaimer
Unilever Nigeria plc published this content on 20 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2023 16:52:30 UTC.
Unilever Nigeria Plc specializes in manufacturing and marketing food and care products. Net sales break down by family of products as follows:
- food products (55.1%): tea (Lipton and Glen brands), broths (Royco), ready meals, seasonings and sauces (Knorr);
- housekeeping and personal care products (44.9%): washing powders (OMO multiactive and Sunlight brands), toothpastes (Close-Up and Pepsodent), body creams, lotions and hair oil (Vaseline and Pears) and soap bars (Lux and LifeBuoy).
At the end of 2020, the group has 2 production sites located in Nigeria.
Nigeria accounts for 98% of net sales.
UNILEVER NIGERIA PLC 
