Philips 2006 Annual Report Download - page 117

Philips Annual Report 2006 117
Liabilities and stockholders’ equity
2005 2006
Current liabilities
Accounts and notes payable:
- Trade creditors 3,159 3,179
- Accounts payable to related parties 298 271
3,457 3,450
Current liabilities of discontinued operations 1,044 −
Accrued liabilities 3,281 3,336
Short-term provisions 807 876
Other current liabilities 657 605
Short-term debt 1,167 863
Total current liabilities 10,413 9,130
Non-current liabilities
Long-term debt 3,320 3,006
Long-term provisions 1,903 2,449
Non-current liabilities and minority interests of discontinued operations 341 −
Other non-current liabilities 1,103 784
Total non-current liabilities 6,667 6,239
Contractual obligations and contingent liabilities
Minority interests 159 131
Stockholders’ equity:
Preference shares, par value EUR 0.20 per share
- Authorized: 2,500,000,000 shares (2005: 3,250,000,000 shares)
- Issued: none
Common shares, par value EUR 0.20 per share:
- Authorized: 2,500,000,000 shares (2005: 3,250,000,000 shares)
- Issued: 1,142,826,763 shares (2005: 1,316,095,392 shares) 263 228
Capital in excess of par value 82 −
Retained earnings 21,710 22,085
Accumulated other comprehensive income (loss) (2,470 ) 1,607
Treasury shares, at cost 35,933,526 shares (2005: 114,736,942 shares) (2,919 ) (923 )
16,666 22,997
33,905 38,497
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226 Corporate governance224 Reconciliation of
non-US GAAP information
234 The Philips Group
in the last ten years
236 Investor information