Philips 2013 Annual Report Download - page 157
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11 Group financial statements 11.9 - 11.9
Annual Report 2013 157
Other business income for an amount of EUR 160 million. The remainder
was included in various line items of the Consolidated statements of
income (EUR 8 million) or deducted from the book value of Property, plant
and equipment (EUR 2 million).
2011
During 2011, Philips entered into six acquisitions. These acquisitions
involved an aggregated purchase price of EUR 498 million and have been
accounted for using the acquisition method. Measured on an annualized
basis, the aggregated impact of the six acquisitions on group Sales,
Income from operations, Net income and Net income per common share
(on a fully diluted basis) is not material in respect of IFRS 3 disclosure
requirements.
The divestments in 2011 involved an aggregated consideration of EUR 57
million and were therefore deemed immaterial in respect of IFRS 3
disclosure requirements.