Philips 2005 Annual Report Download - page 126

Philips Annual Report 2005126
Consolidated balance sheets of the Philips Group as of December 31
in millions of euros unless otherwise stated
Assets
2004 2005
Current assets
Cash and cash equivalents 4,349 5,293
Receivables:
- Accounts receivable - net 4,158 4,591
- Accounts receivable from unconsolidated companies 25 125
- Other receivables 229 439
4,412 5,155
Assets of discontinued operations 337 241
Inventories 3,140 3,480
Other current assets 1,213 937
Total current assets 13,451 15,106
Non-current assets
Investments in unconsolidated companies 5,670 5,698
Othernon-currentnancialassets 876 673
Non-current receivables 227 213
Other non-current assets 2,823 3,231
Property, plant and equipment:
- At cost 14,298 15,160
- Less accumulated depreciation (9,427) (10,267)
4,871 4,893
Intangible assets excluding goodwill:
- At cost 2,103 2,655
- Less accumulated amortization (1,116) (1,356)
987 1,299
Goodwill 1,818 2,748
Total non-current assets 17,272 18,755
Total 30,723 33,861
The year 2004 is restated to present the MDS business as a discontinued operation (see note 1).
Theaccompanyingnotesareanintegralpartoftheseconsolidatednancialstatements.
1111 3434
11
1212
1313
77
1414
1515
1616
1717 2828
1818
1919
Groupnancialstatements