Prepared BY:-: Mrinkal Mayank Maruthu Ravi Dhiman Steffi
Prepared BY:-: Mrinkal Mayank Maruthu Ravi Dhiman Steffi
Prepared BY:-: Mrinkal Mayank Maruthu Ravi Dhiman Steffi
Executive Summary
Name: Hindustan Unilever Limited History: HUL was formed in 1933 as Lever Brothers India Limited and came into being in 1956 as Hindustan Lever Limited through a merger of Lever Brothers, Hindustan Vanaspati Mfg. Co. Ltd. and United Traders Ltd. Management (Key Members): 1. Mr. Harish Manwani (Chairman) 2. Mr. Nitin Paranjpe (Managing Director and Chief Executive Officer) 3. Mr. Sridhar Ramamurthy (Executive Director, Finance & IT and Chief Financial Officer).
Company
OUR MISSION
We work to create a better future every day. We help people feel good, look good and get more out of life with brands and services that are good for them and good for others. We will inspire people to take small, everyday actions that can add up to a big difference for the world. We will develop new ways of doing business with the aim of doubling the size of our Company while reducing our environmental impact.
Personal wash
Laundry
Skin care
Hair care
Sunsilk Clinic
Deodorants
Axe Rexona
Color cosmetics
Lakme
Ayurvedic
Ayush
Auditors Report
Company
maintains proper records. Fixed assets are physically verified. The Company has neither granted nor taken any loans. Certain items purchased are of special nature. There is an adequate internal control system. Company has not defaulted in repayment of dues. The Company is not a dealer or trader in shares, securities, debentures. Company has not come across any instance of material fraud.
Directors Report
Net
profit increase by 103.77 crores . Final dividend rupees 3.50 rs per share and interim dividend 3 rs per share. Annual accounts on going concern concept Business Categories / Product line Home and personal care value growth of 9.8% Soaps and detergents value grew by 6.1% Foods Diversification Export Business grew by 9.3 % Water pure it
Hindustan
Unilever Network - Re-engineering Beauty and wellness Lakme lever Pvt. Ltd. Customer Management Urban coverage increase by 20% R & D and Innovation Capital expenditure & Revenue expenditure.
Capital Expenditure 311.31 crores in comparison to 572 crores in previous year due to capacity expansion , energy and other cost saving techniques.
Corporate Governance
The
Board of Directors Board Meetings Committees of the Board Audit committee Internal Controls and Risk Management Reward Policy Remuneration and Compensation Committee Shareholders/Investors Grievance Committee Routine Business Matter Committee Committee for approving disposal of surplus Residential assets
Accounting Policies
REVENUE
RECOGNITION EXPENDITURE IMPAIRMENT OF ASSETS FIXED ASSETS INVESTMENTS INVENTORIES RETIREMENT / POSTRETIREMENT BENEFITS GOODWILL AND OTHER INTANGIBLE ASSETS
RATIO ANALYSIS
Ratio Liquidity Ratio Acid Test Ratio Quick Assets/Quick Liabilities Current Assets/Current Liabilities 0.46 0.49 Formula Year 2010-2011 Year 2009-2010
Current Ratio
0.84
0.81
Activity Ratio Total Assets Turnover Ratio Sales/Total Assets 7.221 7.319
Formula
Year 2010-2011
Year 20092010
Total Debt/Equity
0.001
.004
Profitability Ratio
Return on Equity Net Profit Margin PAT/Equity Net Profit/Sales 10.63 0.116 9.88 0.109
Formula
Year 2010-2011
Year 2009-2010
10.63
9.88
12.629
12.331
Particulars
1910.21
3479.57
157.70
(1143.51)
(2293.03)
(2187.79)
(225.12)
148.27