Philips 2006 Annual Report Download - page 172

Philips Annual Report 2006172
Key data
in millions of euros unless otherwise stated
2004
1) 2005 1) 2006
Sales 24,855 25,775 26,976
Income from operations 1,105 1,419 939
as a % of sales 4.4 5.5 3.5
Financial income and expenses 34 113 35
Income taxes (183 ) (481 ) (159 )
Results of equity-accounted investees 1,498 2,279 (139 )
Minority interests (24 ) 2 (4 )
Income from continuing operations 2,430 3,332 672
Discontinued operations 353 42 3,992
Net income attributable to stockholders 2,783 3,374 4,664
Per common share (in euro) - basic 2.17 2.70 3.97
Per common share (in euro) - diluted 2.17 2.69 3.94
1) Restated to present the Semiconductors division as a discontinued operation
Sales per sector
in millions of euros
2004 2005 2006
Medical Systems 5,884 6,343 6,742
DAP 2,044 2,194 2,645
Consumer Electronics 9,919 10,422 10,576
Lighting 4,526 4,775 5,466
Other Activities 2,482 2,041 1,547
24,855 25,775 26,976
Income from operations
in millions of euros
2004 2005 2006
Medical Systems 51 690 842
DAP 342 374 387
Consumer Electronics 359 527 402
Lighting 588 556 574
Other Activities 391 (206 ) (475 )
Unallocated (626 ) (522 ) (791 )
1,105 1,419 939
Management commentary
112 Group fi nancial statements 172 IFRS information
Management commentary
218 Company fi nancial statements
IFRS information
Introduction
This chapter of the 2006 Annual Report contains the management
summary and the audited consolidated fi nancial statements including
the notes thereon, all based on IFRS accounting policies.
Compared to the unaudited 2006 IFRS results, which were released
on January 22, 2007, we have made certain changes, particularly
relating to income taxes, increasing the net income from EUR 4,633
million to EUR 4,664 million for the full year 2006. In addition, certain
reclassifi cations have been made in the statement of income and
balance sheet for the year 2006.