Philips 2005 Annual Report Download - page 131

Philips Annual Report 2005 131
Information by sectors and main countries
in millions of euros unless otherwise stated;
Sectors
sales
research and
development
expenses1)
earnings before
interest and tax
EBIT
as a % of sales
results relating to
unconsolidated
companies
cashowbefore
nancingactivities
2005
Medical Systems 6,343 526 679 10.7 10 566
DAP 2,194 139 358 16.3 −418
Consumer Electronics 10,422 419 506 4.9 2 650
Lighting 4,775 212 556 11.6 18 (180)
Semiconductors 4,620 957 307 6.6 (73) 675
Other Activities 2,041 587 (156) (7.6) 1,773 2,584
Unallocated − − (471) −(49) (1,325)
Inter-sector eliminations −(281) − − − −
30,395 2,559 1,779 5.9 1,681 3,388
20042)
Medical Systems 5,884 477 35 0.6 11 677
DAP 2,044 134 332 16.2 – 393
Consumer Electronics 9,919 475 370 3.7 1 503
Lighting 4,526 175 593 13.1 26 625
Semiconductors 4,491 900 430 9.6 (42) 658
Other Activities 2,482 654 366 14.7 1,426 741
Unallocated − − (540) − − (306)
Inter-sector eliminations −(301) − − − −
29,346 2,514 1,586 5.4 1,422 3,291
20032)
Medical Systems 5,990 515 431 7.2 (2) 842
DAP 2,131 129 398 18.7 −417
Consumer Electronics 9,188 540 248 2.7 1 399
Lighting 4,522 151 577 12.8 4 674
Semiconductors 3,888 903 (328) (8.4) 882 1,446
Other Activities 2,218 650 (263) (11.9) (372) (769)
Unallocated − − (561) −(7) (231)
Inter-sector eliminations −(317) − − − −
27,937 2,571 502 1.8 506 2,778
1) Includes the write-off of acquired in-process research and development of EUR 6 million.
2) Restated to present the MDS business as a discontinued operation and global brand campaign costs under Unallocated.
The following sectors are distinguished as reportable segments in compliance with SFAS No. 131: Medical Systems, Domestic Appliances and Personal
Care (DAP), Consumer Electronics (CE), Lighting, Semiconductors, Other Activities and Unallocated. A short description of these sectors is as follows:
Medical Systems: Supplier of Diagnostic Imaging Modalities, Patient Monitoring Systems, Medical IT Systems and Associated Customer Service.
DAP: Markets a wide range of products in the areas of Shaving & Beauty, Oral Healthcare, Home Environment Care, Food & Beverage and
Consumer Health & Wellness.
CE: Provider of connected Displays, Home Entertainment Networks, Mobile Infotainment and Optical Licenses.
Lighting: Consists of the following lines of business – Lamps; Luminaires; Lighting Electronics; Automotive, Special Lighting, UHP & LCD
Backlighting; and Lumileds.
Semiconductors: Provider of silicon solutions for ‘Connected Consumer’ applications in the Home, Mobile & Personal, Automotive &
Identicationmarkets,andMultiMarketSemiconductors.
OtherActivities:Comprisesvariousactivitiesandbusinessesnotbelongingtoaspecicsector.ItconsistsofCorporateTechnologies(suchas
Philips Research, Intellectual Property and Standards, System Integration Services and Emerging Businesses), Corporate Investments and other.
Also included are some remaining former businesses from other sectors and equity investments such as LG.Philips LCD and TSMC.
Unallocated: Includes general and administrative expenses in the corporate center and the cost of regional and country organizations. Also
includedarethecostsfortheCompany’sglobalbrandmanagement,sustainabilityprograms,andpensionsandpostretirementbenetcostsnot
directly allocated to the other sectors.
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