Philips 2006 Annual Report Download - page 121

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Philips Annual Report 2006 121
Sectors
sales
research and
development
expenses
income from
operations
income from
operations as a %
of sales
results relating to
equity-accounted
investees
cash fl ow before
fi nancing activities
2006
Medical Systems 6,742 575 795 11.8 9 (371 )
DAP 2,645 174 386 14.6 − (828 )
Consumer Electronics 10,576 385 416 3.9 3 351
Lighting 5,466 269 635 11.6 (4 ) 509
Other Activities 1,547 571 (448 ) (29.0 ) (190 ) (115 )
Unallocated − − (601 ) − 25 (2,015 )
Inter-sector eliminations − (306 ) − − − −
26,976 1,668 1,183 4.4 (157 ) (2,469 )
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 )
Other Activities 2,041 587 (156 ) (7.6 ) 1,773 2,584
Unallocated − − (471 ) − (49 ) (1,210 )
Inter-sector eliminations − (281 ) − − − −
25,775 1,602 1,472 5.7 1,754 2,828
2004
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
Other Activities 2,482 654 366 14.7 1,426 741
Unallocated − − (540 ) − − (182 )
Inter-sector eliminations − (300 ) − − − −
24,855 1,615 1,156 4.7 1,464 2,757
The years 2005 and 2004 are restated to present the Semiconductors division as a discontinued operation.
Information by sectors and main countries
in millions of euros unless otherwise stated
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, Other Activities and Unallocated.
A short description of these sectors is as follows:
Medical Systems: Supplier of Imaging Systems, Ultrasound & Monitoring systems, Healthcare Informatics
and Customer Services.
DAP: Markets a wide range of products in the areas of Shaving & Beauty, Domestic Appliances, Health & Wellness and
Oral Healthcare.
CE: Provider of Connected Displays, Entertainment Solutions, Peripherals & Accessories, Home Networks,
Mobile Phones and Optical Licenses.
Lighting: Consists of the following lines of business – Lamps, Luminaires, Lighting Electronics, Automotive,
Special Lighting & UHP and Lumileds.
Other Activities: Comprises various activities and businesses not belonging to a specifi c sector. It consists of Corporate
Technologies (such as Research, Intellectual Property & Standards, Applied Technologies and the Healthcare, Lifestyle
and Technology Incubators), Corporate Investments and Other.
Unallocated: Includes overhead expenses in the corporate center and the cost of regional and country organizations.
Also included are the costs of Philips’ global brand campaign and pension and other postretirement benefi t costs not
directly allocated to the other sectors.
226 Corporate governance224 Reconciliation of
non-US GAAP information
234 The Philips Group
in the last ten years
236 Investor information