Philips 2007 Annual Report Download - page 252

Philips Annual Report 2007258
General data 19981) 1999 2000 20012) 2002
2) 3)
2003
2) 3) 4)
2004
2) 3) 4)
2005
2) 3) 4)
2006
2) 3) 4)
2007
4)
Sales 30,459 31,459 37,862 31,725 26,788 23,614 24,488 25,445 26,682 26,793
Percentage increase over
previous year 3 3 20 (16) (2) (10) 4 4 5 −
Income (loss) from
continuing operations 1,025 1,595 9,577 (2,331) (2,863) 219 3,164 2,879 901 4,601
Discontinued operations
1) 2) 3) 4)
4,891 − − (144) (343) 490 (328) (11) 4,482 (433)
Cumulative effect of a change
in accounting principle − − 85 − − (14) − − − −
Net income (loss) 5,900 1,590 9,662 (2,475) (3,206) 695 2,836 2,868 5,383 4,168
Turnover rate of net
operating capital 2.95 3.20 3.12 2.15 3.07 4.48 5.27 4.92 3.09 2.59
Total employees at year-end
(in thousands) 234 227 219 189
5)
170
5)
164
5)
162
5)
159
5)
122
5)
124
5)
Income 1998
1)
1999 2000 2001
2)
2002
2) 3)
2003
2) 3) 4)
2004
2) 3) 4)
2005
2) 3) 4)
2006
2) 3) 4)
2007
4)
EBIT 1,289 1,553 4,258 (1,251) 943 924 1,733 1,558 1,201 1,852
as a % of sales 4.2 4.9 11.2 (3.9) 3.5 3.9 7.1 6.1 4.5 6.9
EBITA 1,547 1,768 4,600 (810) 1,464 1,018 1,838 1,652 1,386 2,065
as a % of sales 5.1 5.6 12.1 (2.6) 5.5 4.3 7.5 6.5 5.2 7.7
Income taxes (162) (208) (563) 428 (133) (38) (227) (526) (167) (622)
as a % of income
before taxes (17) (14) (9) 20 (10) (5.6) (11.6) (31.6) (13.6) (13.9)
Income (loss) from
continuing operations
6)
1,025 1,595 9,577 (2,331) (2,863) 219 3,164 2,879 901 4,601
as a % of stockholders’
equity (ROE) 9.7 10.9 48.5 (11.2) (15.3) 1.7 22.7 18.4 4.3 21.0
Net income (loss) 5,900 1,590 9,662 (2,475) (3,206) 695 2,836 2,868 5,383 4,168
1) Discontinued operations reect the effect of the sale of PolyGram N.V. in 1998.
2) Discontinued operations from 2001 onwards reect the effect of the sale of MDS in 2006, for which previous years have been restated.
3) Discontinued operations from 2002 onwards reect the effect of the sale of Semiconductors in 2006, for which previous years have been restated.
4) Discontinued operations from 2003 onwards reect the effect of classifying the MedQuist business as a discontinued operation, for which previous years have been restated.
5) Including discontinued operations.
6) Before cumulative effect of a change in accounting principles.
The Philips Group in the last ten years
All amounts based on US GAAP and in millions of euros unless otherwise stated.
Due to factors such as consolidations and divestments, the amounts, percentages
and ratios are not directly comparable.
128 Group nancial statements 188 IFRS information 240 Company nancial statements