Philips 2008 Annual Report Download - page 200
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IFRS 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 149 −
Inventories - net 3,146 3,371
Other current assets 622 749
Total current assets 17,356 12,029
Non-current assets
Investments in equity-accounted investees 1,817 293
Other non-current financial assets 3,183 1,331
Non-current receivables 78 47
Non-current assets of discontinued operations 170 −
Other non-current assets 2,610 1,906
Deferred tax assets 1,271 931
Property, plant and equipment:
- At cost 7,897 8,065
- Less accumulated depreciation (4,703) (4,569)
3,194 3,496
Intangible assets excluding goodwill:
- At cost 4,609 6,528
- Less accumulated amortization (1,774) (2,051)
2,835 4,477
Goodwill 3,800 7,280
Total non-current assets 18,958 19,761
36,314 31,790
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.
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Philips Annual Report 2008200
180
Sustainability performance
244
Company financial statements
124
US GAAP financial statements
192
IFRS financial statements
Consolidated balance sheets