date:Jan 23, 2014
Unilever reported that its 2013 turnover was down 3% to 49.8 billion with foreign exchange 5.9% and net acquisitions and disposal 1.1%
Finance costs and tax
The cost of financing net borrowings in 2013 was 397 million versus 390 million in 2012. The average level of net debt increased following the acquisition of additional shares in Hindustan Unilever Limited whilst interest rate movements were favourable. The average interest rate on borrowings was 3.3% and the average return on cash deposi