Philips 2008 Annual Report Download - page 199

IFRS Consolidated statements of recognized income and expenses of the Philips Group
for the years ended December 31
in millions of euros
2006 2007 2008
Revaluation reserve
Release revaluation reserve −(34) (16)
Reclassification into retained earnings −34 16
Reclassification into income (loss) (95) −−
Included in other reserves
Currency translation differences:
Net current period change - continuing operations (515) (749) (60)
Net current period change - discontinued operations −(22) 4
Income tax on net current period change (72) (10) 5
Reclassification into income (loss) (10) (67) 8
Available-for-sale securities:
Net current period change 4,768 (618) (269)
Reclassification into income (loss) (98) (2,870) (939)
Cash flow hedges:
Net current period change 72 19 (24)
Income tax on net current period change (15) (3) 18
Reclassification into income (loss) (20) 4 (50)
Actuarial gains (losses) on pension plans:
Net current period change (181) 59 (1,310)
Income tax on net current period change 51 (12) 406
Net income (loss) recognized directly in equity 3,885 (4,269) (2,211)
Net income (loss) for the period 5,153 4,873 (91)
Total recognized income (loss) for the period 9,038 604 (2,302)
Attributable to
Stockholders 9,256 612 (2,224)
Minority interests (218) (8) (78)
Total recognized income (loss) for the period 9,038 604 (2,302)
Prior-period amounts have been restated to reflect a change in accounting policy related to pensions (see Significant accounting policies, Change in accounting policy)
and 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.
Earnings per share
2006 2007 2008
Weighted average number of common shares outstanding (after deduction
of treasury stock) during the year (in thousands) 1,174,925 1,086,128 991,420
Adjusted weighted average number of shares (after deduction
of treasury stock) during the year (in thousands) 1,183,631 1,098,925 996,714
Basic earnings per common share in euros
Income (loss) from continuing operations 0.85 4.61 (0.09)
Income (loss) from discontinued operations 3.54 (0.12) −
Net income (loss) 4.39 4.49 (0.09)
Diluted earnings per common share in euros
Income (loss) from continuing operations 0.84 4.56 (0.09)1)
Income (loss) from discontinued operations 3.51 (0.13) −1)
Net income (loss) 4.35 4.43 (0.09)1)
Dividend paid per common share in euros 0.44 0.60 0.70
In 2008, the incremental shares from assumed conversion are not taken into account as the effect would be antidilutive.
1)
Philips Annual Report 2008 199
254
Corporate governance
250
Reconciliation of
non-US GAAP information
262
Ten-year overview
266
Investor information