Philips 2009 Annual Report Download - page 230

profile
disclosure description cross-reference1)
Economic
Economic performance Disclosure on management approach on
economic aspects
President’s message
section 6.1, Introduction
EC1 Direct economic value generated and
distributed, including revenues, operating
costs, employee compensation, donations
and other community investments, retained
earnings, and payments to capital providers
and governments
Performance highlights
section 13.2, Economic indicators
EC2 Financial implications and other risks and
opportunities for the organization’s activities
due to climate change
section 3.1, Climate change
section 13.1, Approach to sustainability reporting
EC3 Coverage of the organization’s defined-
benefit plan obligations
note 18
EC4 Significant financial assistance received from
government
Philips does not receive significant financial assistance from
governments
EC6 Policy, practices, and proportion of spending
on locally-based suppliers at significant
locations of operation
section 13.1, Approach to sustainability reporting
section 13.2, Economic indicators
section 13.5, Supplier indicators
EC7 Procedures for local hiring and proportion of
senior management hired from the local
community at significant locations of
operation
section 3.5, Working at Philips
section 4.1.15, Employment
section 4.3.8, Social performance
section 13.4, Social indicators
EC8 Development and impact of infrastructure
investments and services provided primarily
for public benefit through commercial, in-
kind, or pro bono engagement
section 3.1, Climate change
section 3.2, Our environmental footprint
section 3.3, Partnerships for progress
13 Sustainability performance 13.7 - 13.7
230 Philips Annual Report 2009