Philips 2015 Annual Report Download - page 172

Company nancial statements 13.1
172 Annual Report 2015
13.1 Balance sheets before appropriation of results
Koninklijke Philips N.V.
Balance sheets in millions of EUR unless otherwise stated
As of December 31
2014 2015
Assets
Non-current assets:
Property, plant and equipment 1 1
CIntangible assets 57 81
DFinancial xed assets 19,676 21,176
Non-current receivables 61 88
Deferred tax assets 479 766
EOther non-current nancial assets 229 279
Total non-current assets 20,503 22,391
Current assets:
Current nancial assets 121 10
FReceivables 8,454 8,298
Assets classied as held for sale 54 -
Cash and cash equivalents 701 730
Total current assets 9,330 9,038
Total assets 29,833 31,429
Liabilities and shareholders’ equity
GShareholders’ equity:
Preference shares, par value EUR 0.20 per share:
- Authorized: 2,000,000,000 shares (2014: 2,000,000,000 shares)
- Issued: none
Common shares, par value EUR 0.20 per share:
- Authorized: 2,000,000,000 shares (2014: 2,000,000,000 shares)
- Issued and fully paid: 931,130,387 shares (2014: 934,819,413 shares) 187 186
Capital in excess of par value 2,181 2,669
Legal reserve: revaluation 13 4
Legal reserve: available-for-sale nancial assets 27 56
Legal reserve: cash ow hedges (13) 12
Legal reserve: aliated companies 1,059 958
Legal reserve: currency translation dierences 229 1,058
Retained earnings 7,316 6,437
ANet income1) 415 645
Treasury shares, at cost: 14,026,801 shares (2014: 20,430,544 shares) (547) (363)
Total equity 10,867 11,662
Non-current liabilities:
HLong-term debt 3,555 3,933
Long-term provisions 10 5
Deferred tax liabilities 12 12
Other non-current liabilities 670 789
Total non-current liabilities 4,247 4,739
Current liabilities:
HShort-term debt 14,060 14,528
IOther current liabilities 659 500
Total current liabilities 14,719 15,028
KContractual obligations and contingent liabilities not appearing in the balance sheet
Liabilities and shareholders’ equity 29,833 31,429
1) Prepared before appropriation of results