Philips 2010 Annual Report Download - page 232

16 Reconciliation of non-GAAP information 16 - 16
232 Annual Report 2010
Net operating capital to total assets
Philips Group Healthcare Consumer
Lifestyle Lighting
Group
Management
& Services
2010
Net operating capital (NOC) 12,071 8,908 911 5,561 (3,309)
Eliminate liabilities comprised in NOC:
- payables/liabilities 10,009 2,603 2,509 1,485 3,412
- intercompany accounts − 54 95 68 (217)
- provisions 2,339 321 342 247 1,429
Include assets not comprised in NOC:
- investments in associates 181 76 1 18 86
- other current financial assets 6 − − − 6
- other non-current financial assets 479 − − − 479
- deferred tax assets 1,351 − − − 1,351
- liquid assets 5,833 − − − 5,833
Total assets 32,269 11,962 3,858 7,379 9,070
2009
Net operating capital (NOC) 12,649 8,434 625 5,104 (1,514)
Eliminate liabilities comprised in NOC:
- payables/liabilities 8,636 2,115 2,155 1,247 3,119
- intercompany accounts − 32 85 62 (179)
- provisions 2,450 317 420 324 1,389
Include assets not comprised in NOC:
- investments in associates 281 71 1 11 198
- other current financial assets 191 − − − 191
- other non-current financial assets 691 − − − 691
- deferred tax assets 1,243 − − − 1,243
- liquid assets 4,386 − − − 4,386
Total assets 30,527 10,969 3,286 6,748 9,524
2008
Net operating capital (NOC) 14,069 8,785 798 5,712 (1,226)
Eliminate liabilities comprised in NOC:
- payables/ liabilities 8,708 2,207 2,408 1,234 2,859
- intercompany accounts − 30 83 31 (144)
- provisions 2,837 329 285 229 1,994
Include assets not comprised in NOC:
- investments in associates 293 72 2 16 203
- other current financial assets 121 − − − 121
- other non-current financial assets 1,331 − − − 1,331
- deferred tax assets 931 − − − 931
- liquid assets 3,620 − − − 3,620
Total assets 31,910 11,423 3,576 7,222 9,689