Philips 2015 Annual Report Download - page 13

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Our strategic focus 4.2
Annual Report 2015 13
Capital input Creating value for our stakeholders Value outcomes
Capabilities, Assets
and Positions
Our unique strengths
Strategy
Where
we invest
Excellence
How we
operate
Path to Value
What we deliver
Human
• Employees 104,204, 35% female
• Training spend EUR 50 million on
450,000 courses, over 1 million
hours through Philips University
•48,092 employees in growth
geographies
Intellectual
• Invested in R&D EUR 1.9 billion
(Green Innovation
EUR 495 million)
• Employees in R&D 11,462 in 60
R&D centers across the globe
including growth markets
Financial
• Debt EUR 5.8 billion
• Equity EUR 11.8 billion
• Market capitalization
EUR 21.6 billion
Manufacturing
• Manufacturing sites 95, cost of
materials used EUR 8,446 million
• Total assets EUR 31.0 billion
• Capital expenditure
EUR 522 million
Natural
• Energy used in manufacturing
9,702 terajoules
•Water used 2.7 million m3
• Recycled content in
our products 13.5 kilotonnes
Social
• Philips Foundation
• Stakeholder engagement
Human
• Employee Engagement Index
71% positive
• Sales per employee EUR 232,659
• Employee benet expenses
EUR 7,107 million
Intellectual
• New patent lings 1,750 and IP
Royalties EBITA EUR 284 million
•54% Green Product sales
Financial
• Comparable sales growth 2.2%
• EBITA as % of sales 5.7%
• Free cash ow EUR 325 million
• Dividend EUR 730 million
• Corporate taxes paid
EUR 280 million
Manufacturing
•EUR 24 billion products and
solutions sold, corresponding to
2.0 billion lives improved
Natural
• CO2 emissions 1,417 kilotonnes
•13,800 kilotonnes (estimated)
products put on market
•68.5 kilotonnes waste, of which
83% recycled
Social
• Brand value USD 10.9 billion
• Partnerships with UNICEF and
Red Cross
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 from
shareholders and
other capital
providers. We allocate
this capital to the
businesses and
markets we think oer
the best prospects for
growth and returns.
Manufacturing
We apply Lean
techniques 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 also
our products and
solutions.
Social
We contribute to our
customers and
society through our
products and
solutions, our tax
payments, the
products and
services we buy, and
our investments in
local communities.