Balance sheets before appropriation of results

Balance sheets of Koninklijke Philips N.V. as of December 31
in millions of euros
 
 
2012
 
2013
 
 
 
 
 
Assets
 
 
 
 
Non-current assets:
 
 
 
 
Property, plant and equipment
2
 
18
 
Intangible assets
9
 
55
 
Financial fixed assets
16,597
 
19,535
 
Non-current receivables
49
 
32
 
Deferred tax assets
212
 
161
 
Other non-current financial assets
325
 
283
 
 
 
17,194
 
20,084
Current assets:
 
 
 
 
Receivables
7,988
 
7,500
 
Assets classified as held for sale
 
45
 
Cash and cash equivalents
2,879
 
1,282
 
 
 
10,867
 
8,827
 
 
28,061
 
28,911
 
 
 
 
 
Liabilities and shareholders’ equity
 
 
 
 
Shareholders’ equity:
 
 
 
 
Preference shares, par value EUR 0.20 per share:
 
 
 
 
- Authorized: 2,000,000,000 shares (2012: 2,000,000,000 shares)
 
 
 
 
- Issued: none
 
 
 
 
Common shares, par value EUR 0.20 per share:
 
 
 
 
- Authorized: 2,000,000,000 shares (2012: 2,000,000,000 shares)
 
 
 
 
- Issued and fully paid: 937,845,789 shares (2012: 957,132,962 shares)
191
 
188
 
Capital in excess of par value
1,304
 
1,796
 
Legal reserve: revaluation
54
 
23
 
Legal reserve: available-for-sale financial assets
54
 
55
 
Legal reserve: cash flow hedges
20
 
24
 
Legal reserve: affiliated companies
1,161
 
1,319
 
Legal reserve: currency translation differences
(93)
 
(569)
 
Retained earnings
9,598
 
7,927
 
Net income 1)
(35)
 
1,169
 
Treasury shares, at cost: 24,508,022 shares (2012: 42,541,687 shares)
(1,103)
 
(718)
 
 
 
11,151
 
11,214
Non-current liabilities:
 
 
 
 
Long-term debt
3,539
 
3,158
 
Long-term provisions
10
 
16
 
Deferred tax liabilities
19
 
15
 
Other non-current liabilities
139
 
161
 
 
 
3,707
 
3,350
Current liabilities:
 
 
 
 
Short-term debt
11,742
 
13,645
 
Other current liabilities
1,461
 
702
 
 
 
13,203
 
14,347
 
 
 
 
 
Contractual obligations and contingent liabilities not appearing in the balance sheet
 
 
 
 
 
 
28,061
 
28,911
1)
Prepared before appropriation of results
(0)
(0)
This is an interactive electronic version of the Philips Annual Report 2013 and also contains certain information in summarized form. The contents of this version are qualified in their entirety by reference to the printed version of the full Philips Annual Report 2013. This printed version is available as a PDF file on this website. Information about: forward-looking statements, third-party market share data, fair value information, IFRS basis of presentation, use of non-GAAP information, statutory financial statements and management report, reclassifications and analysis of 2013 compared to 2012.