Philips 2004 Annual Report Download - page 181

Assets
2004 2003
Current assets
Cash and cash equivalents 4,349 3,072
O
9Receivables:
- Accounts receivable – net 4,268 4,164
- Accounts receivable from unconsolidated companies 25 49
- Other receivables 235 415
4,528 4,628
O
10 Inventories 3,230 3,204
O
11 Other current assets 1,216 1,010
Total current assets 13,323 11,914
Non-current assets
O
39 Unconsolidated companies:
- Goodwill 760 847
- Equity investments 4,447 3,672
- Loans 49 59
5,256 4,578
O
12 Other non-current financial assets 876 1,213
O
13 Non-current receivables 227 218
O
40 Other non-current assets 2,914 2,644
O
15 Property, plant and equipment:
- At cost 14,609 14,153
- Less accumulated depreciation (9,612)(9,274)
4,997 4,879
O
16 Intangible assets excluding goodwill:
- At cost 2,108 2,189
- Less accumulated amortization (1,119)(918)
989 1,271
O
41 Goodwill consolidated companies:
- At cost 2,769 2,954
- Less accumulated amortization (1,472)(855)
1,297 2,099
Total non-current assets 16,556 16,902
Total 29,879 28,816
The accompanying notes are an integral part of these consolidated financial statements.
180 Philips Annual Report 2004
Consolidated balance sheets of the Philips Group
as of December 31
in millions of euros unless otherwise stated
The consolidated balance sheets are presented before appropriation of profit.