Philips 2009 Annual Report Download - page 128

Capital employed 20051,2,3) 20061,2,3) 20073) 2008 2009
Cash and cash equivalents 5,143 5,886 8,769 3,620 4,386
Receivables and other current assets 4,961 5,502 5,292 5,038 4,610
Assets of discontinued operations 5,512 427 319 − −
Inventories 2,843 2,940 3,213 3,491 2,913
Non-current financial assets/equity-accounted investees 5,889 10,924 5,000 1,624 972
Non-current receivables/assets 4,035 3,905 3,959 2,884 2,871
Property, plant and equipment 3,018 3,102 3,194 3,496 3,252
Intangible assets 3,895 5,964 6,635 11,757 11,523
Total assets 35,296 38,650 36,381 31,910 30,527
Property, plant and equipment:
Capital expenditures for the year 624 698 658 770 524
Depreciation for the year 919 990 562 729 746
Capital expenditures : depreciation 0.7 0.7 1.2 1.1 0.7
Inventories as a % of sales 11.2 11.0 12.0 13.2 12.6
Outstanding trade receivables, in days sales 44 45 44 42 40
Financial structure 20051,2,3) 20061,2,3) 20073) 2008 2009
Other liabilities 8,717 8,156 7,817 8,708 8,636
Liabilities of discontinued operations 1,719 78 78 − −
Debt 4,507 3,878 3,563 4,188 4,267
Provisions 2,880 3,304 3,055 3,421 2,980
Total provisions and liabilities 17,823 15,416 14,513 16,317 15,883
Minority interests 353 135 127 49 49
Stockholders’ equity 17,120 23,099 21,741 15,544 14,595
Total equity and liabilities 35,296 38,650 36,381 31,910 30,527
Net debt : group equity ratio (4):104 (9):109 (31):131 4:96 (1):101
Market capitalization at year-end 31,536 31,624 31,436 12,765 19,170
7 Investor information 7.8 - 7.8
128 Philips Annual Report 2009