Philips 2011 Annual Report Download - page 121
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12 Group financial statements 12.6 - 12.6
Annual Report 2011 121
12.6 Consolidated balance sheets
in millions of euros unless otherwise stated
Consolidated balance sheets of the Philips Group as of December 31
Assets
2010 2011
Non-current assets
Property, plant and equipment:
8 24
- At cost 8,1121) 7,828
- Less accumulated depreciation (4,967)1) (4,814)
3,145 3,014
Goodwill
9 8,035 7,016
Intangible assets excluding goodwill:
10
- At cost 7,197 7,663
- Less accumulated amortization (2,999) (3,667)
4,198 3,996
Non-current receivables
11 88 127
Investments in associates
4 181 203
Other non-current financial assets
12 479 346
Deferred tax assets
3 1,351 1,713
Other non-current assets
13 75 71
Total non-current assets 17,552 16,486
Current assets
Inventories - net
14 3,865 3,625
Current financial assets
15 5 −
Other current assets
16 348 351
Derivative financial assets
33 112 229
Income tax receivable
3 79 162
Receivables:
17 31
- Accounts receivable - net 4,104 4,171
- Accounts receivable from related parties 20 19
- Other current receivables 231 225
4,355 4,415
Assets classified as held for sale
5 1201) 551
Cash and cash equivalents
34 5,833 3,147
Total current assets 14,717 12,480
32,269 28,966
1) Revised to reflect a property, plant and equipment reclassification to assets classified as held for sale