Philips 2008 Annual Report Download - page 131
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Supplemental disclosures to the consolidated statements of cash flows
2006 2007 2008
Net cash paid during the year for
Pensions 1,144 449 379
Interest 211 49 123
Income taxes 632 493 352
Net gain on sale of assets
Cash proceeds from the sale of assets 429 5,826 2,770
Book value of these assets (193) (2,765) (1,508)
Deferred results on sale-and-leaseback transactions 27 11 −
Non-cash gains 26 87 107
289 3,159 1,369
Non-cash investing and financing information
Assets received in lieu of cash from the sale of businesses:
- Shares/share options/convertible bonds 188 −148
- Receivables/loans 6 −−
Conversion of convertible personnel debentures 26 38 9
Treasury stock transactions
Shares acquired (2,899) (1,609) (3,298)
Exercise of stock options 144 161 41
The accompanying notes are an integral part of these consolidated financial statements. For a number of reasons, principally the effects of translation differences and
consolidation changes, certain items in the statements of cash flows do not correspond to the differences between the balance sheet amounts for the respective items.
31
Philips Annual Report 2008 131
254
Corporate governance
250
Reconciliation of
non-US GAAP information
262
Ten-year overview
266
Investor information