Philips 2014 Annual Report Download - page 13

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Our strategic focus 4.2
Annual Report 2014 13
Human
• Employees 105,365
• Training spend EUR 45 million
on 280,000+ courses
Intellectual
• Invested in R&D EUR 1.6 billion
(Green Innovation EUR 463
million)
• Employees in R&D 11,704 in 60
R&D centers
Financial
• Debt EUR 4.1 billion
• Equity EUR 11.0 billion
• Market capitalization EUR 22.1
billion
Manufacturing
• Manufacturing sites 93, Cost
of materials used EUR 7,296
million
• Total assets EUR 28.4 billion,
Capital expenditure EUR 437
million
Natural
• Energy used in manufacturing
11,257 terajoules
•Water used 3.1 million m3
• Recycled content in our
products 13 kilotonnes
Social
• Stakeholder engagements
Human
• Employee benefit expenses
EUR 6,080 million
• EES 72% positive
• Sales per employee EUR
204,000
Intellectual
• New patent applications 1,680
and IP royalties EBITA EUR
299 million
• New product sales EUR 440
million and 52% Green Product
sales
Financial
• Comparable sales growth %
(0.9)%
• EBITA as % of sales 3.8%
• Return on invested capital
4.5%
• Dividend paid EUR 729 million
• Taxes paid EUR 344 million
Manufacturing
•EUR 21 billion products and
solutions sold corresponding
to 1.9 billion lives improved
Natural
• CO2 emissions 1,375 kilotonnes
•14,500 kilotonnes (estimated)
products put on market
• 75.0 kilotonnes waste, of
which 80% recycled
Social
• Brand value USD 10.3 billion
and 14th Best Global Green Brand
• Philips Foundation
Capitals
Human
We employ diverse
and talented people
and give them the
skills and training
they need to ensure
their eectiveness
and their personal
development and
employability.
Intellectual
We apply our
innovation and
design expertise to
create new products
and solutions that
meet local customer
needs.
Financial
We raise the funds
we need for our
businesses from
capital providers.
We then prioritize
our investment
opportunities,
focusing on those
areas oering the
best prospects for
growth and returns.
Manufacturing
We apply Lean
techniques also to
our manufacturing
processes to
produce high-
quality products. We
manage our supply
chain in a
responsible way.
Natural
We are a responsible
company and aim to
minimize the
environmental
impact of our supply
chain, our
operations, and our
products and
solutions.
Social
We engage with
stakeholders and
contribute to
customers and
society through our
products and
solutions, but also
through our tax
payments, the
products and
services we buy, and
our investments in
local communities.
Creating value
for our
stakeholders
Philips
Business
System
Capital
inputs
Value
outcomes