Information by sector and main country

in millions of euros

Information by sector and main country

Sectors
 
sales
sales including
intercompany
research and
development
expenses
income from
operations
income from
operations as a % of sales
cash flow before financing
activities
 
 
 
 
 
 
 
2013
 
 
 
 
 
 
Healthcare
9,575
9,600
(780)
1,315
13.7
1,292
Consumer Lifestyle
4,605
4,622
(261)
429
9.3
472
Lighting
8,413
8,433
(441)
489
5.8
478
Innovation, Group & Services
736
1,049
(251)
(242)
(2,101)
Inter-sector eliminations
 
(375)
 
 
 
 
 
23,329
23,329
(1,733)
1,991
8.5
141
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
Healthcare
9,983
10,005
(823)
1,026
10.3
1,298
Consumer Lifestyle
4,319
4,329
(251)
400
9.3
422
Lighting
8,442
8,465
(462)
(66)
(0.8)
279
Innovation, Group & Services
713
984
(295)
(712)
(842)
Inter-sector eliminations
 
(326)
 
 
 
 
 
23,457
23,457
(1,831)
648
2.8
1,157
 
 
 
 
 
 
 
2011
 
 
 
 
 
 
Healthcare
8,852
8,866
(754)
27
0.3
707
Consumer Lifestyle
3,771
3,777
(249)
109
2.9
(271)
Lighting
7,638
7,652
(416)
(408)
(5.3)
208
Innovation, Group & Services
731
984
(186)
(207)
(1,159)
Inter-sector eliminations
 
(287)
 
 
 
 
 
20,992
20,992
(1,605)
(479)
(2.3)
(515)

Our sectors are organized based on the nature of the products and services. The four sectors comprise Healthcare, Consumer Lifestyle, Lighting and Innovation, Group & Services as shown in the table above. A short description of these sectors is as follows:

Healthcare: Consists of the following businesses - Imaging Systems, Home Healthcare Solutions, Patient Care & Clinical Informatics, and Customer Services.

Consumer Lifestyle: Consists of the following businesses - Personal Care, Domestic Appliances, and Health & Wellness.

Lighting: Consists of the following businesses - Light Sources & Electronics, Professional Lighting Solutions, Consumer Luminaires, Automotive Lighting, and Lumileds.

Innovation, Group & Services: Consists of group headquarters, as well as the overhead expenses of regional and country organizations. Also included are the net results of group innovation, intellectual property & services, the global service units and Philips’ pension and other postretirement benefit costs not directly allocated to the other sectors.

Transactions between the sectors mainly relate to services provided by the sector Innovation, Group & Services to the other sectors. The pricing of such transactions is determined on an arm’s length basis.

Sectors
 
total assets
net operating capital
total liabilities excl. debt
current accounts receivable, net
tangible and intangible assets
depreciation and amortization1)
capital expenditures
 
 
 
 
 
 
 
 
2013
 
 
 
 
 
 
 
Healthcare
10,465
7,437
2,943
1,978
6,467
(517)
132
Consumer Lifestyle
2,832
1,261
1,571
743
1,574
(199)
135
Lighting
6,711
4,462
2,229
1,567
3,857
(504)
223
Innovation, Group & Services
6,044
(2,922)
4,340
132
648
(129)
97
 
26,052
10,238
11,083
4,420
12,546
(1,349)
587
Assets classified as held for sale
507
 
348
 
 
 
 
 
26,559
 
11,431
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
Healthcare
11,248
7,976
3,186
1,967
7,130
(543)
135
Consumer Lifestyle
3,280
1,205
2,075
865
1,694
(198)
128
Lighting
6,970
4,635
2,313
1,364
4,293
(543)
290
Innovation, Group & Services
7,540
(4,500)
5,761
138
521
(114)
108
 
29,038
9,316
13,335
4,334
13,638
(1,398)
661
Assets classified as held for sale
43
 
27
 
 
 
 
 
29,081
 
13,362
 
 
 
 
 
 
 
 
 
 
 
 
2011
 
 
 
 
 
 
 
Healthcare
11,591
8,418
3,087
1,882
7,479
(538)
153
Consumer Lifestyle
3,794
874
2,917
1,309
1,752
(167)
130
Lighting
6,915
4,965
1,927
1,261
4,320
(570)
279
Innovation, Group & Services
6,546
(3,875)
5,183
132
475
(125)
78
 
28,846
10,382
13,114
4,584
14,026
(1,400)
640
Assets classified as held for sale
551
 
61
 
 
 
 
 
29,397
 
13,175
 
 
 
 
1)
Includes impairments of tangible and intangible assets excluding goodwill
Goodwill assigned to sectors
 
carrying value
at
January 1
reclassifi-cation
acquisitions
purchase price allocation adjustment
impairments
divestments and transfers to assets classified as held for sale
translation differences
carrying value at
December 31
 
 
 
 
 
 
 
 
 
2013
 
 
 
 
 
 
 
 
Healthcare
4,573
3
11
(40)
(272)
4,275
Consumer Lifestyle
668
(18)
(18)
632
Lighting
1,707
(8)
1
(15)
(26)
(73)
1,586
Innovation, Group & Services
8
3
11
 
6,948
4
(4)
(26)
(55)
(363)
6,504
 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
 
Healthcare
4,703
(1)
(129)
4,573
Consumer Lifestyle
674
(1)
(6)
1
668
Lighting
1,639
100
(32)
1,707
Innovation, Group & Services
 
 
7,016
100
(2)
(6)
(160)
6,948

Main countries
 
sales1)
tangible and intangible assets
 
 
 
2013
 
 
Netherlands
656
915
United States
6,442
7,384
China
2,942
1,057
Germany
1,355
288
Japan
1,006
401
France
915
80
United Kingdom
692
573
Other countries
9,321
1,848
 
23,329
12,546
Assets classified as held for sale
 
62
 
 
12,608
 
 
 
20122)
 
 
Netherlands
627
886
United States
6,824
8,007
China
2,585
1,114
Germany
1,323
271
Japan
1,204
537
France
941
90
United Kingdom
676
628
Other countries
9,277
2,105
 
23,457
13,638
Assets classified as held for sale
 
6
 
 
13,644
 
 
 
20112)
 
 
Netherlands
636
908
United States
6,159
8,473
China
1,978
1,126
Germany
1,272
252
Japan
908
618
France
892
97
United Kingdom
579
615
Other countries
8,568
1,937
 
20,992
14,026
Assets classified as held for sale
 
287
 
 
14,313
1)
The sales are reported based on country of destination
2)
Previous years reflect the sales and tangible and intangible assets of those respective years of the main countries of 2013
(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.