Philips 2007 Annual Report Download - page 129

Philips Annual Report 2007 135
Supplemental disclosures to the consolidated statements of cash ows
2005 2006 2007
Net cash paid during the year for
Interest 178 211 49
Income taxes 302 632 493
Net gain on sale of assets
Cash proceeds from the sale of assets 3,558 429 5,826
Book value of these assets (1,390) (193) (2,765)
Deferred results on sale-and-leaseback transactions 21 27 11
Non-cash gains (losses) (85) 26 87
2,104 289 3,159
Non-cash investing and nancing information
Assets received in lieu of cash from the sale of businesses:
- Shares/share options/convertible bonds 308 188 −
- Receivables/loans − 6 −
Conversion of convertible personnel debentures − 26 38
Treasury stock transactions
Shares acquired (1,836) (2,899) (1,609)
Exercise of stock options 75 145 161
The years 2005 and 2006 are restated to present the MedQuist business as discontinued operation.
The accompanying notes are an integral part of these consolidated nancial statements.
For a number of reasons, principally the effects of translation differences and consolidation changes, certain items in the statements
of cash ows do not correspond to the differences between the balance sheet amounts for the respective items.
31
Group nancial statements
Consolidated statements of cash ows
Company nancial statements 250 Corporate governance246 Reconciliation of
non-US GAAP information 258 The Philips Group in the last ten years 260
Investor information