Philips 2008 Annual Report Download - page 205

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Changes in other reserves
in millions of euros
currency
translation
differences
available-for-sale
securities cash flow hedges
Actuarial gains
(losses) on
pension plans
total other
reserves
Balance as of December 31, 2005 832 1 (29) −804
Change in accounting policy1) −−−(222) (222)
Balance as of December 31, 2005 - as restated 832 1 (29) (222) 582
Net current period change (515) 4,768 72 (181) 4,144
Income tax on net current period change (72) −(15) 51 (36)
Reclassification into income (10) (98) (20) −(128)
(597) 4,670 37 (130) 3,980
Balance as of December 31, 2006 235 4,671 8 (352) 4,562
Net current period change - continuing operations (749) (618) 19 59 (1,289)
Net current period change - discontinued
operations (22) −−−(22)
Income tax on net current period change (10) −(3) (12) (25)
Reclassification into income (67) (2,870) 4 −(2,933)
(848) (3,488) 20 47 (4,269)
Balance as of December 31, 2007 (613) 1,183 28 (305) 293
Net current period change - continuing operations (60) (269) (24) (1,310) (1,663)
Net current period change - discontinued
operations 4 −−−4
Income tax on net current period change 5 −18 406 429
Reclassification into income 8 (939) (50) −(981)
(43) (1,208) (56) (904) (2,211)
Balance as of December 31, 2008 (656) (25) (28) (1,209) (1,918)
Prior-period amounts have been restated to reflect a change in accounting policy related to pensions (see Significant accounting policies, Change in accounting policy).
1)
Philips Annual Report 2008 205
254
Corporate governance
250
Reconciliation of
non-US GAAP information
262
Ten-year overview
266
Investor information