Philips 2013 Annual Report Download - page 135
Download and view the complete annual report
Please find page 135 of the 2013 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
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
 |
 |
11 Group financial statements 11.7 - 11.7
Annual Report 2013 135
2011 2012 2013
Cash flows from discontinued operations
Net cash (used for) provided by operating activities (280) (166) (159)
Net cash (used for) provided by investing activities (94) 40 (47)
Net cash used for discontinued operations (374) (126) (206)
Net cash (used for) provided by continuing and discontinued operations (2,679) 738 (1,306)
Eect of changes in exchange rates on cash and cash equivalents (7) (51) (63)
Cash and cash equivalents at the beginning of the year 5,833 3,147 3,834
Cash and cash equivalents at the end of the year 3,147 3,834 2,465
Supplemental disclosures to the Consolidated statements of cash flows
2011 2012 2013
Cash flows from:
Interest paid (269) (273) (267)
Interest received 38 34 52
Pensions (639) (610) (679)
Income taxes (582) (359) (454)
Net gain on sale of assets:
Cash proceeds from the sale of assets 234 589 121
Book value of these assets (164) (473) (63)
Deferred results on sale and leaseback transactions − 25 (4)
Non-cash proceeds 18 − −
88 141 54
Non-cash investing and financing information
Assets in lieu of cash from the sale of businesses:
29
Shares/share options/convertible bonds (continuing operations) 18 − −
Shares/share options/convertible bonds (discontinued operations) − 17 −
Conversion of convertible personnel debentures − 4 7
Treasury shares transactions:
Shares acquired (751) (816) (669)
Exercise of stock options 80 48 107
Prior-period financial statements have been restated for the treatment of Audio, Video, Multimedia and Accessories as discontinued operations (see note 7, Discontinued
operations and other assets classified as held for sale) and the adoption of IAS 19R, which mainly relates to accounting for pensions (see note 30, Post-employment
benefits). The accompanying notes are an integral part of these consolidated financial statements.
For a number of reasons, principally the eects of translation dierences and consolidation changes, certain items in the statements of cash flows do not correspond to the
dierences between the balance sheet amounts for the respective items.