Philips 2011 Annual Report Download - page 210

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16 Five-year overview 16 - 16
210 Annual Report 2011
16 Five-year overview
All amounts in millions of euros unless otherwise stated.
Discontinued operations reflect the effect of classifying the Television business as discontinued operations in 2011, for which
the previous years results and cash flows have been restated.
Due to factors such as acquisitions and divestments, the amounts, percentages and ratios are not directly comparable.
General data 20071) 2008 2009 2010 2011
Sales 20,751 21,682 20,092 22,287 22,579
% increase over previous year 2 4 (7) 11 1
Income from operations (EBIT) (loss) 1,781 296 660 2,080 (269)
Financial income and expenses - net 2,847 88 (162) (121) (240)
Income (loss) from continuing operations 5,016 106 476 1,478 (776)
Income (loss) from discontinued operations (136) (198) (52) (26) (515)
Net income (loss) 4,880 (92) 424 1,452 (1,291)
Free cash flow 648 1,110 763 1,356 (108)
Net assets 21,868 15,593 14,644 15,092 12,389
Turnover rate of net operating capital 2.71 1.72 1.79 1.91 1.70
Total employees at year-end (in thousands)2) 124 1223) 1163) 1203) 125
1) Discontinued operations reflect the effect of the sale of MedQuist in 2007
2) Including discontinued operations
3) Adjusted to reflect a change of employees reported in the Healthcare sector
4) In euros unless otherwise stated
5) In millions of shares
6) Restated to present the Television business as discontinued operations
7) In manufacturing excluding new acquisitions
Income 20071) 2008 2009 2010 2011
EBIT 1,781 296 660 2,080 (269)
as a % of sales 8.6 1.4 3.3 9.3 (1.2)
EBITA 2,008 987 1,096 2,562 1,680
as a % of sales 9.7 4.6 5.5 11.5 7.4
Income taxes (496) (297) (99) (499) (283)
as a % of income before taxes (10.7) (77.3) (19.9) (25.5) 55.6
Income (loss) from continuing operations 5,016 106 476 1,478 (776)
as a % of shareholders’ equity (ROE) 23.1 0.6 3.3 9.8 (5.8)
Net income (loss) 4,880 (92) 424 1,452 (1,291)