Philips 2006 Annual Report Download - page 221

Philips Annual Report 2006 221
AA
BB
CC
D
Other non-current fi nancial assets
security
invest-
ments
other
recei-
vables total
Balance as of January 1, 2006 136 35 171
Changes:
Reclassifi cations 7,423 (23 ) 7,400
Sales/redemptions (59 ) − (59 )
Value adjustments 17 − 17
Translation and exchange differences (3 ) − (3 )
Balance as of December 31, 2006 7,514 12 7,526
Other non-current fi nancial assets include participations and securities
that generate income unrelated to the normal business operations.
EE
Property, plant and equipment
Balance as of January 1, 2006:
Cost 1
Accumulated depreciation -
Book value 1
Changes in book value:
Capital expenditures −
Retirements and sales −
Depreciation and write-downs −
Total changes −
Balance as of December 31, 2006:
Cost 1
Accumulated depreciation −
Book value 1
Property, plant and equipment consists of fi xed assets other than land
and buildings.
DD
EE
F
Other current liabilities
2005 2006
Income tax payable 3 73
Other short-term liabilities 133 88
Deferred income and accrued expenses 326 314
Derivative instruments – liabilities 324 190
786 665
G
Short-term debt
Short-term debt includes the current portion of outstanding long-
term debt of EUR 181 million (2005: EUR 430 million) and debt to
other Group companies totaling EUR 18,058 million (2005: EUR
15,988 million). Institutional fi nancing amounts EUR 115 million
(2005: EUR 65 million).
H
Provisions
2005 2006
Pensions 6 6
Deferred tax liabilities 274 -
Other 5 53
Total provisions 285 59
of which long-term 229 18
of which short-term 56 41
FF
GG
HH
226 Corporate governance224 Reconciliation of
non-US GAAP information
234 The Philips Group
in the last ten years
236 Investor information