Philips 2008 Annual Report Download - page 207

Download and view the complete annual report

Please find page 207 of the 2008 Philips annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 276

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276

Sectors
total assets
net operating
capital
total liabilities
excl. debt
long-lived
assets
capital
expenditures
depreciation of
property, plant
and equipment
2008
Healthcare 11,305 8,785 2,448 8,117 206 139
Consumer Lifestyle 3,621 825 2,794 1,213 173 170
of which Television 1,000 (244) 1,244 82 64 68
Lighting 7,177 5,685 1,477 5,135 302 329
Innovation & Emerging Businesses 506 150 220 211 5 31
Group Management & Services 9,181 (1,376) 5,070 577 84 60
31,790 14,069 12,009 15,253 770 729
2007
Healthcare 6,744 4,758 1,911 3,987 166 91
Consumer Lifestyle 4,535 1,113 3,423 1,514 164 156
of which Television 1,350 (208) 1,558 115 59 53
Lighting 5,287 4,059 1,220 3,462 247 217
Innovation & Emerging Businesses 626 270 −261 53 39
Group Management & Services 18,803 602 4,251 605 28 59
35,995 10,802 10,805 9,829 658 562
Discontinued operations 319 78
36,314 10,883
2006
Healthcare 6,625 4,640 1,924 4,053 89 77
Consumer Lifestyle 4,499 1,126 3,365 1,568 156 140
of which Television 1,359 (133) 1,492 121 40 43
Lighting 3,983 2,817 1,159 2,508 343 205
Innovation & Emerging Businesses 811 171 475 291 4 66
Group Management & Services 22,199 202 4,391 646 106 66
38,117 8,956 11,314 9,066 698 554
Discontinued operations 427 78
38,544 11,392
As of January 2008, Philips’ activities are organized on a sector basis, with each operating sector, Healthcare, Lighting and Consumer Lifestyle – being responsible fo
the management of its business worldwide. The Healthcare sector brings together the former Medical Systems division and Home Healthcare Solutions (formerly
Consumer Healthcare Solutions) – which has been transferred from Innovation & Emerging Businesses. The former Consumer Electronics and Domestic Appliances
and Personal Care divisions have been integrated in the Consumer Lifestyle sector. As a consequence of the aforementioned, prior-year financials have been restated.
Prior-period amounts have also been restated to reflect a change in accounting policy related to pensions (see Significant accounting policies, Change in accounting
policy). Prior-period Group and Healthcare amounts have been revised to reflect immaterial adjustments of intercompany profit elimination on inventory
(see Significant accounting policies, Reclassifications and revisions).
Philips Annual Report 2008 207
254
Corporate governance
250
Reconciliation of
non-US GAAP information
262
Ten-year overview
266
Investor information