Philips 2008 Annual Report Download - page 2

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At Philips, we seek to improve people’s lives with timely innovations
that enhance their health and well-being. We want to help people
live a healthy, fulfi lled life.
Our health and well-being focus also extends beyond the individual,
refl ecting a commitment to the sustainability of our communities,
our societies, our world.
We care about our performance
We remain tightly focused on our
fi nancial and sustainability performance.
This report
Simplifying our external annual reporting in order to
better meet the needs of our stakeholders, this year’s
Annual Report covers both our fi nancial and our social
and environmental performance in a single volume. This
refl ects the fact that sustainability is no mere adjunct to,
but rather embedded in the very fabric of our business
operations. Our Annual Report 2008 will also be the last
to be based on both US GAAP (Generally Accepted
Accounting Principles in the United States) and IFRS
(International Financial Reporting Standards): as of 2009
we will apply IFRS only.
www.philips.com/annualreport2008
2008
Welcome to the Philips Annual Report
Refl ecting our commitment to simplicity in our external reporting, as of 2009 we will
of complexity from our fi nancial reporting. And we will continue to shift our publishing
Please send an e-mail to annual.report@philips.com if you would like to be notifi ed
when next year’s Annual Report 2009 website, covering both our fi nancial and our
Visit our Investor Relations site to fi nd out the latest developments
... their needs
drive our actions