Philips 2007 Annual Report Download - page 190

Philips Annual Report 2007196
IFRS Consolidated balance sheets of the Philips Group as of December 31
in millions of euros unless otherwise stated
Assets
2006 2007
Current assets
Cash and cash equivalents 5,886 8,769
Receivables:
- Accounts receivable - net 4,257 4,209
- Accounts receivable from related parties 37 26
- Other receivables 438 435
4,732 4,670
Current assets of discontinued operations 185 149
Inventories - net 2,880 3,203
Other current assets 770 622
Total current assets 14,453 17,413
Non-current assets
Investments in equity-accounted investees 2,869 1,817
Other non-current nancial assets 8,055 3,183
Non-current receivables 206 78
Non-current assets of discontinued operations 242 170
Other non-current assets 390 384
Deferred tax assets 1,449 1,271
Property, plant and equipment:
- At cost 7,560 7,897
- Less accumulated depreciation (4,458) (4,703)
3,102 3,194
Intangible assets excluding goodwill:
- At cost 4,082 4,609
- Less accumulated amortization (1,524) (1,774)
2,558 2,835
Goodwill 3,406 3,800
Total non-current assets 22,277 16,732
36,730 34,145
The year 2006 is restated to present the MedQuist business as a discontinued operation.
The accompanying notes are an integral part of these consolidated nancial statements.
45 67
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128 Group nancial statements 188 IFRS information
Consolidated balance sheets
240 Company nancial statements