42 RATI 0 Of SHARE 0]Devel Coun% ofP SOCF PROFIT TO SPROFIT'oped tries %ofP ;IAL SC1EN TABLE VIHARE OF CAP TO SHARP OFUL%ofP TJSTITAL EMPLOY SALES)C%ofP 'ED AND SHAFH% OfP IE OFL% ofP %ofC % ofS % ofC % ofS % ofC % ofS 1971 0.91 0.97 1.45 1.15 5.51 8.69 1972 0.88 0.99 1.55 1.01 5.30 8.77 r 1973 0.88 0.96 1.49 1.01 4.43 1.32 T 1974 0.84 0.88 1.59 1.24 4.54 7.31 1975 0.89 0.74 2.34 1.76 8.01 8.79 1976 0.78 0.83 1.87 1.46 6.55 6.39 1977 0.87 0.90 1.53 1.31 7.82 7.23 1978 0.89 0.92 1.61 1.43 9.23 6.86 1979 0.88 0.83 1.72 1.76 9.37 7.38 1980 0.80 0.79 1.98 2.00 10.69 7.83 1981 0.78 0.81 2.04 1.81 9.92 7.48 NOTES: Percentage of P: Share of Profit. Percentage of C: Share of Capital Employed. Percentage of S: Share of Sales. SOURCE: Annual Reports of Hindustan Lever and Unilever-employment figures of Hindustan Lever are relatively smaller than its share of capital within the corporate group. Due to incomplete statistics the relationship between the share of employment and the share of profit of Hindustan Lever cannot be analysed for the full decade 1971-1981. However, whatever data are available clearly indicate that, relatively to the share of profit it contributes to its parents, the employment in Hindustan Lever is remarkably small. In 1972, the ratio of the number of employees in Hindustan TABLE VI PROFIT BEFORE TAX AS A PERCENTAGE OF CAPITAL EMPLOYED: LiNILEVER AND HINDUSTAN LEVER Year Unilever Hindustan Lever 1970 13.65 23.75 1971 16.30 32.33 1972 17.75 23,13 1973 20.49 21.41 1974 17.24 19.94 1975 14.86 30.43 1976 20.51 25.42 1977 18.02 37.98 1978 17.28 37.57 1979 16.75 37.22 1980 15.87 33.40 1981 16.69 34.77 SOURCE; Annual Reports of Unilever and Hindustan Lever,