Obtain the 2013 annual report of Unilever (www.Unilever.com). Assume that Unilever accounts for its investments according to

Question:

Obtain the 2013 annual report of Unilever (www.Unilever.com). Assume that Unilever accounts for its investments according to IAS No. 39.
Required:
1. Examine Unilever's Notes 17 and IS. Indicate the fair value and the carrying amount of investments that Unilever designates as held-to-maturity (HTM), fair value through profit or loss (FVPL), and available-for-sale (AFS) as of December 31, 2013, and discuss briefly how Unilever accounts for unrealized gains and losses on each of those categories of investments.
2. Examine Unilever's December 31, 2013, and its Note 17A. On what lines do the HTM, FVPL, and AFS investments appear?
3. Consider Unilever's description of how it accounts for the HTM investments. Does it appear Unilever accounts for those investments as it describes? Explain.
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...