Philips 2004 Annual Report Download - page 60
Download and view the complete annual report
Please find page 60 of the 2004 Philips annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
 |
 |
Employment
At the end of December 2004, the Philips Group had 161,586
employees, a decline of 2,852 from December 31, 2003.
Headcount per sector at year-end 2004
Other Activities
23,869
Unallocated 2,609 Medical
Systems
30,790
Semi-
conductors
35,116
DAP
8,205
Consumer
Electronics
16,993
Lighting 44,004
in FTEs
The largest reductions in 2004 occurred at Consumer Electronics
(2,118) and at Other Activities (3,217), mainly related to the
NAVTEQ deconsolidation and a reduction at Optical Storage. The
consolidation of SSMC and the acquisition of Gemini partly offset
those declines.
Change in number of employees 2003 2004
Position at beginning of year 170,087 164,438
Consolidation changes:
- new consolidations – 2,374
- deconsolidations (1,630) (2,792)
Comparable change (4,019) (2,434)
Position at year-end 164,438 161,586
Employees by product sector at the end of
2003 2004
Medical Systems 30,611 30,790
DAP 8,180 8,205
Consumer Electronics 19,111 16,993
Lighting 43,800 44,004
Semiconductors 33,177 35,116
Other Activities 27,086 23,869
Unallocated 2,473 2,609
Total 164,438 161,586
In geographic terms, headcount decreased in Latin America,
Europe and North America, offset by new hirings in Asia Pacific.
Employees by geographic area at the end of
2003 2004
Netherlands 27,688 26,772
Europe (excl. Netherlands) 46,174 42,470
USA and Canada 28,111 27,144
Latin America 14,714 14,084
Africa 409 411
Asia Pacific 47,342 50,705
Total 164,438 161,586
The number of employees, both permanent and temporary,
declined in 2004.
Sales per employee continued to increase.
Sales per employee
in thousands of euros
20042003200220012000
200
150
100
50
0
164 174 175
158
183
After a minor increase in 2003, the sales per employee of the
Group increased by 5% in 2004. Whereas the increase in 2003 was
mainly due to a decline in the number of employees, the 2004
improvement was driven by sales growth, as the personnel
decrease was relatively small. The main areas of growth were
Consumer Electronics and Other Activities. Semiconductors’ sales
per employee was affected by the decline of the US dollar.
59Philips Annual Report 2004