UNAUDITED RESULTS FOR THE PERIOD ENDED 31 MARCH 2022
Statement of Financial Position As at
Statement of Cash Flows for the Period Ended
31/3/2022
N 'mill
31/12/2021
N 'mill
31/3/2022
N 'mill
31/3/2021
N 'mill
Non-current assets
Current assets
21,838
94,494
27,538
63,980
Net cashflow genarated from operating activities
4,990
1,806
Current liabilities
Net current Assets
Total assets less current liabilitie
Non-current liabilities
(46,056)
48,438
s
70,276
(2,718)
(27,799)
36,181
63,719
(1,590)
Net cash flows/ (used) in investing activities
Net cash used in financing activities
At start of the year
187
(38)
55,698
(64)
(34)
37,101
1,708
Net assets
67,558
62,129
Inrease in cash and cash equivalents
5,139
As at end of the year
60,836
38,809
Shareholders' funds
67,558
62,129
Directors: His Majesty Nnaemeka A. Achebe, CFR, mni, Obi of Onitsha (Chairman), Carl Cruz (Managing Director) -(Filipino), Jaime Aguilera (Spanish), Abiola Alabi (Mrs), Ammuna Lawan Ali OON, Felix Enwemadu, Michael Ikpoki, Chika Nwobi, Folake Ogundipe, Mutiu Sunmonu CON
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Disclaimer
Unilever Nigeria plc published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 15:34:01 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 
