Philips 2004 Annual Report Download - page 94

Liabilities and stockholders’ equity
2003 2004
Current liabilities
O
31 Accounts and notes payable:
- Trade creditors 3,023 3,215
- Unconsolidated companies 182 284
3,205 3,499
O
18 Accrued liabilities 3,165 3,307
O
19 O 20 O 21 O 26 Short-term provisions 949 781
O
22 Other current liabilities 649 627
O
23 O 24 Short-term debt 1,860 961
Total current liabilities 9,828 9,175
Non-current liabilities
O
23 O 24 Long-term debt 4,016 3,552
O
19 O 20 O 21 O 26 Long-term provisions 1,976 2,117
O
25 Other non-current liabilities 653 736
Total non-current liabilities 6,645 6,405
O
26 Commitments and contingent liabilities
O
6Minority interests 175 283
O
27 Stockholders’ equity:
Priority shares, par value EUR 500 per share:
Authorized and issued: 10 shares
Preference shares, par value EUR 0.20 per share:
Authorized: 3,249,975,000 shares
Issued: none
Common shares, par value EUR 0.20 per share:
Authorized: 3,250,000,000 shares
Issued: 1,316,070,392 shares
(1,316,070,392 shares in 2003) 263 263
Capital in excess of par value 71 97
Retained earnings 16,970 19,346
Accumulated other comprehensive income (loss) (3,285) (3,607)
Treasury shares, at cost: 34,543,388 shares
( 35,384,262 shares in 2003) (1,256)(1,239)
12,763 14,860
Total 29,411 30,723
The accompanying notes are an integral part of these consolidated financial statements.
93Philips Annual Report 2004