Philips 2012 Annual Report Download - page 209
Download and view the complete annual report
Please find page 209 of the 2012 Philips annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199 -
200 -
201 -
202 -
203 -
204 -
205 -
206 -
207 -
208 -
209 -
210 -
211 -
212 -
213 -
214 -
215 -
216 -
217 -
218 -
219 -
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
 |
 |
15 Reconciliation of non-GAAP information 15 - 15
Annual Report 2012 209
Composition of net debt to group equity
2010 2011 2012
Long-term debt 2,818 3,278 3,725
Short-term debt 1,840 582 809
Total debt 4,658 3,860 4,534
Cash and cash equivalents 5,833 3,147 3,834
Net debt (cash)1) (1,175) 713 700
Shareholders’ equity 15,007 12,316 11,140
Non-controlling interests 46 34 34
Group equity 15,053 12,350 11,174
Net debt and group equity 13,878 13,063 11,874
Net debt divided by net debt and group equity (in %) (8) 5 6
Group equity divided by net debt and group equity (in %) 108 95 94
1) Total debt less cash and cash equivalents.
Composition of cash flows
2010 2011 2012
Cash flows from operating activities 2,074 768 2,198
Cash flows from investing activities (597) (1,293) (912)
Cash flows before financing activities 1,477 (525) 1,286
Cash flows from operating activities 2,074 768 2,198
Net capital expenditures: (716) (872) (475)
Purchase of intangible assets (53) (69) (39)
Proceeds from sale of intangible assets − − 160
Expenditures on development assets (220) (278) (347)
Capital expenditures on property, plant and equipment (572) (653) (675)
Proceeds from disposals of property, plant and equipment 129 128 426
Free cash flows 1,358 (104) 1,723
EBITA to Income from operations (or EBIT )
Philips Group Healthcare Consumer Lifestyle Lighting
Innovation, Group
& Services
2012
EBITA 1,502 1,322 663 188 (671)
Amortization of intangible assets1) (472) (200) (70) (194) (8)
Income from operations (or EBIT) 1,030 1,122 593 (6) (679)
2011
EBITA 1,680 1,145 297 445 (207)
Amortization of intangible assets1) (594) (228) (80) (276) (10)
Impairment of goodwill (1,355) (824) − (531) −
Income from operations (or EBIT) (269) 93 217 (362) (217)
2010
EBITA 2,556 1,186 487 863 20
Amortization of intangible assets1) (482) (264) (38) (174) (6)
Income from operations (or EBIT) 2,074 922 449 689 14
1) Excluding amortization of software and product development.