Notes to the consolidated accounts

11 Other non-current assets

		€ million 2007	€ million 2006
Interest in net assets of joint ventures		150	57
Interest in net assets of associates		74	46
Other non-current financial assets(a):		738	735
Held-to-maturity investments		473	453
Loans and receivables		13	13
Available-for-sale financial assets		201	257
Financial assets at fair value through profit or loss		51	12
Long-term trade and other receivables(b)		187	199
Fair value of biological assets		37	36
Other non-financial assets		138	53
		1 324	1 126

(a) Predominantly consist of investments in a number of companies and financial institutions in India, Europe and the US, including €162 million (2006: €181 million) of assets in a trust to fund benefit obligations in the US (see also note 20).
(b) Classified as loans and receivables.

Movements during 2007 and 2006		€ million 2007	€ million 2006
Joint ventures(c)
1 January		57	67
Additions(d)		115	–
Dividends received/reductions		(122)	(85)
Share in net profit		102	78
Currency retranslation		(2)	(3)
31 December		150	57
Associates(e)
1 January		12	(20)
Acquisitions/(disposals)		31	5
Dividends received/reductions		(48)	(13)
Share in net profit		50	36
Currency retranslation		(1)	4
		44	12
Of which: Net liabilities of JohnsonDiversey reclassified to provisions		30	34
31 December		74	46

(c) Our principal joint ventures are the FIMA business in Portugal, Pepsi/Lipton International and the Pepsi/Lipton Partnership in the US.
(d) In January 2007, the reorganisation of our Portuguese businesses was completed, whereby Unilever now has a 55% share of the combined Portuguese entity, called Unilever Jerónimo Martins. The structure of the newly formed entity is such that there is joint control and it is therefore accounted for by Unilever as a joint venture. In December 2007 a capital contribution of €103 million was made to Pepsi/Lipton International.
(e) Associates primarily comprise our investments in JohnsonDiversey Holdings Inc., Palmci, Langholm Capital Partners and Physic Ventures. Other Unilever Ventures assets (excluding Langholm) are included under 'Other non-current financial assets' above.

Analysis of listed and unlisted investments		€ million 2007	€ million 2006
Investments listed on a recognised stock exchange		388	402
Unlisted investments		350	333
		738	735

Other income from non-current investments	€ million 2007	€ million 2006	€ million 2005
Income from other non-current investments	19	21	20
Profit/(loss) on disposal	20	9	13
	39	30	33

The joint ventures and associates have no significant contingent liabilities to which the Group is exposed, and the Group has no significant contingent liabilities in relation to its interest in the joint ventures and associates.

The Group has no outstanding capital commitments to joint ventures.

Outstanding balances with joint ventures and associates are shown in note 30.