Philips 2008 Annual Report Download - page 128

Consolidated balance sheets of the Philips Group as of December 31
in millions of euros unless otherwise stated
Assets
2007 2008
Current assets
Cash and cash equivalents 8,769 3,620
Receivables:
- Accounts receivable - net 4,209 3,813
- Accounts receivable from related parties 26 24
- Other receivables 435 452
4,670 4,289
Current assets of discontinued operations 169 −
Inventories - net 3,146 3,371
Other current assets 1,020 1,586
Total current assets 17,774 12,866
Non-current assets
Investments in equity-accounted investees 1,886 284
Other non-current financial assets 3,183 1,331
Non-current receivables 84 50
Non-current assets of discontinued operations 164 −
Other non-current assets 3,726 3,350
Property, plant and equipment:
- At cost 7,874 8,043
- Less accumulated depreciation (4,694) (4,559)
3,180 3,484
Intangible assets excluding goodwill:
- At cost 3,244 5,486
- Less accumulated amortization (1,090) (1,511)
2,154 3,975
Goodwill 4,135 7,701
Total non-current assets 18,512 20,175
36,286 33,041
Prior-period amounts have been revised to reflect immaterial adjustments of intercompany profit elimination on inventory (see Significant accounting policies,
Reclassifications and revisions). The accompanying notes are an integral part of these consolidated financial statements.
9 32
1
10
11
7
12
13
1
14
15 26
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Philips Annual Report 2008128
180
Sustainability performance
192
IFRS financial statements
244
Company financial statements
124
US GAAP financial statements
Consolidated balance sheets