Philips 2007 Annual Report Download - page 235

Philips Annual Report 2007 241
Statements of income of Koninklijke Philips Electronics N.V. as for the years ended December 31
in millions of euros unless otherwise stated
2006 2007
Income after taxes from afliated companies 231 781
Other income after taxes 4,4331) 3,874
Net income 4,664 4,655
1) The gain on the sale of the majority stake in the Semiconductors division of EUR 3,683 million has been presented under Other income after taxes.
Statement of changes in equity of Koninklijke Philips Electronics N.V.
in millions of euros unless otherwise stated
out-
standing
number of
shares in
thousands
common
stock
capital in
excess of
par value
legal reserves
retained
earnings
net
income
treasury
shares at
cost
total
stock-
holders’
equity revaluation
afliated
companies
currency
translation
differences
Balance as of
January 1, 2007 1,106,893 228 − 4,846 1,291 235 11,569 4,664 (923) 21,910
Net income 4,655 4,655
Release revaluation reserve (34) 34 −
Net current period change (599) 52 (771) 3,953 (4,005) (1,370)
Income tax on net current
period change (3) (10) (13)
Reclassication into income (2,866) (67) (2,933)
Dividend paid (659) (659)
Purchase of treasury stock (53,141) (1,633) (1,633)
Re-issuance of treasury stock 11,141 (131) (10) 340 199
Share-based
compensation plans 104 104
Income tax share-based
compensation plans 27 27
Balance as of
December 31, 2007 1,064,893 228 − 1,344 1,343 (613) 15,546 4,655 (2,216) 20,287
I
Group nancial statements Company nancial statements 250 Corporate governance246 Reconciliation of
non-US GAAP information 258 The Philips Group in the last ten years 260
Investor information