Koninklijke Philips N.V. Logo

Koninklijke Philips N.V.

ISIN: NL0000009538 | Ticker: PHIA | LEI: H1FJE8H61JGM1JSGM897
Sector: Health CareSub-Industry: Health Care Technology
Country: Netherlands

About Koninklijke Philips N.V.

Company Description

Koninklijke Philips N.V. is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Philips was formerly one of the largest electronics companies in the world, but is currently focused on the area of health technology, having divested its other divisions. The company was founded in 1891 by Gerard Philips and his father Frederik, with their first products being light bulbs. Philips is organized into three main divisions: Personal Health (formerly Philips Consumer Electronics and Philips Domestic Appliances and Personal Care), Connected Care, and Diagnosis & Treatment (formerly Philips Medical Systems). The lighting division was spun off as a separate company, Signify N.V.

Year founded

1891

Served area

Worldwide

Headquarters

Philips Center Amstelplein 2, 1070 Amsterdam – Netherlands

Financial statements

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Line item in (eur) 01.01.2018 01.01.2019 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A N/A 27,016,000,000.00 27,713,000,000.00 30,961,000,000.00 30,688,000,000.00
Noncurrent Assets N/A N/A 17,557,000,000.00 16,486,000,000.00 20,613,000,000.00 20,429,000,000.00
Goodwill N/A N/A 8,654,000,000.00 8,014,000,000.00 10,637,000,000.00 10,238,000,000.00
Intangible Assets Other Than Goodwill N/A N/A 3,466,000,000.00 2,997,000,000.00 3,650,000,000.00 3,526,000,000.00
Investments In Associates Accounted For Using Equity Method N/A N/A 233,000,000.00 240,000,000.00 426,000,000.00 537,000,000.00
Noncurrent Receivables N/A N/A 178,000,000.00 230,000,000.00 224,000,000.00 279,000,000.00
Deferred Tax Assets N/A N/A 1,865,000,000.00 1,820,000,000.00 2,216,000,000.00 2,449,000,000.00
Other Noncurrent Financial Assets N/A N/A 248,000,000.00 430,000,000.00 630,000,000.00 660,000,000.00
Other Noncurrent Nonfinancial Assets N/A N/A 47,000,000.00 66,000,000.00 129,000,000.00 98,000,000.00
Noncurrent Derivative Financial Assets N/A N/A 1,000,000.00 6,000,000.00 2,000,000.00 4,000,000.00
Current Assets N/A N/A 9,459,000,000.00 11,227,000,000.00 10,347,000,000.00 10,259,000,000.00
Inventories N/A N/A 2,773,000,000.00 2,993,000,000.00 3,450,000,000.00 4,049,000,000.00
Trade And Other Current Receivables N/A N/A 4,554,000,000.00 4,156,000,000.00 3,787,000,000.00 4,115,000,000.00
Current Tax Assets Current N/A N/A 177,000,000.00 150,000,000.00 180,000,000.00 222,000,000.00
Other Current Financial Assets N/A N/A 1,000,000.00 0.00 2,000,000.00 11,000,000.00
Cash and cash equivalents 1,939,000,000.00 1,688,000,000.00 1,425,000,000.00 3,226,000,000.00 2,303,000,000.00 1,172,000,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A N/A 13,000,000.00 173,000,000.00 71,000,000.00 77,000,000.00
Current Derivative Financial Assets N/A N/A 38,000,000.00 105,000,000.00 61,000,000.00 123,000,000.00
Current Prepayments And Other Current Assets N/A N/A 476,000,000.00 424,000,000.00 493,000,000.00 N/A
Equity And Liabilities N/A N/A 27,016,000,000.00 27,713,000,000.00 30,961,000,000.00 30,688,000,000.00
Equity 11,993,000,000.00 12,084,000,000.00 12,625,000,000.00 11,901,000,000.00 14,475,000,000.00 13,283,000,000.00
Issued Capital N/A N/A 179,000,000.00 182,000,000.00 177,000,000.00 178,000,000.00
Share Premium N/A N/A N/A N/A 4,646,000,000.00 5,025,000,000.00
Other Reserves N/A N/A N/A N/A 748,000,000.00 1,488,000,000.00
Equity Attributable To Owners Of Parent N/A N/A 12,597,000,000.00 11,870,000,000.00 14,438,000,000.00 13,249,000,000.00
Noncontrolling Interests N/A N/A 28,000,000.00 31,000,000.00 36,000,000.00 34,000,000.00
Noncurrent Liabilities N/A N/A 7,413,000,000.00 8,077,000,000.00 9,037,000,000.00 9,471,000,000.00
Noncurrent Provisions N/A N/A 1,603,000,000.00 1,458,000,000.00 1,315,000,000.00 1,097,000,000.00
Noncurrent Contract Liabilities N/A N/A 348,000,000.00 403,000,000.00 446,000,000.00 515,000,000.00
Deferred Tax Liabilities N/A N/A 143,000,000.00 59,000,000.00 83,000,000.00 91,000,000.00
Current Tax Liabilities Noncurrent N/A N/A 186,000,000.00 291,000,000.00 544,000,000.00 435,000,000.00
Other Noncurrent Nonfinancial Liabilities N/A N/A N/A N/A 56,000,000.00 60,000,000.00
Noncurrent Derivative Financial Liabilities N/A N/A 124,000,000.00 86,000,000.00 119,000,000.00 4,000,000.00
Other Noncurrent Liabilities N/A N/A 71,000,000.00 74,000,000.00 56,000,000.00 N/A
Longterm Borrowings N/A N/A 4,939,000,000.00 5,705,000,000.00 6,473,000,000.00 7,270,000,000.00
Current Liabilities N/A N/A 6,978,000,000.00 7,735,000,000.00 7,450,000,000.00 7,934,000,000.00
Current Provisions N/A N/A 556,000,000.00 522,000,000.00 998,000,000.00 1,018,000,000.00
Trade And Other Current Payables N/A N/A 2,089,000,000.00 2,119,000,000.00 1,872,000,000.00 1,968,000,000.00
Current Contract Liabilities N/A N/A 1,170,000,000.00 1,239,000,000.00 1,491,000,000.00 1,696,000,000.00
Accruals Classified As Current N/A N/A N/A 1,678,000,000.00 1,784,000,000.00 1,626,000,000.00
Current Tax Liabilities Current N/A N/A 100,000,000.00 57,000,000.00 128,000,000.00 40,000,000.00
Other Current Nonfinancial Liabilities N/A N/A N/A N/A 587,000,000.00 448,000,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A N/A 0.00 30,000,000.00 1,000,000.00 0.00
Current Derivative Financial Liabilities N/A N/A 67,000,000.00 77,000,000.00 83,000,000.00 207,000,000.00
Other Current Liabilities N/A N/A 856,000,000.00 785,000,000.00 587,000,000.00 N/A
Current Borrowings And Current Portion Of Noncurrent Borrowings N/A N/A 508,000,000.00 1,229,000,000.00 506,000,000.00 931,000,000.00
Line item in (eur) 01.01.2018/
01.01.2019
01.01.2019/
01.01.2020
01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 18,121,000,000.00 17,147,000,000.00 17,313,000,000.00 17,156,000,000.00 17,827,000,000.00
Other Income 88,000,000.00 154,000,000.00 122,000,000.00 186,000,000.00 127,000,000.00
Profit Loss From Operating Activities 1,719,000,000.00 1,366,000,000.00 1,264,000,000.00 553,000,000.00 -1,529,000,000.00
Finance Income N/A 114,000,000.00 158,000,000.00 149,000,000.00 58,000,000.00
Finance Costs N/A 233,000,000.00 202,000,000.00 188,000,000.00 258,000,000.00
Profit Loss Before Tax 1,503,000,000.00 1,248,000,000.00 1,211,000,000.00 509,000,000.00 -1,731,000,000.00
Income Tax Expense Continuing Operations 193,000,000.00 258,000,000.00 212,000,000.00 -103,000,000.00 -113,000,000.00
Profit Loss From Continuing Operations 1,310,000,000.00 990,000,000.00 999,000,000.00 612,000,000.00 -1,618,000,000.00
Profit Loss From Discontinued Operations -213,000,000.00 183,000,000.00 196,000,000.00 2,711,000,000.00 13,000,000.00
Profit (loss) 1,097,000,000.00 1,173,000,000.00 1,195,000,000.00 3,323,000,000.00 -1,605,000,000.00
Profit Loss Attributable To Owners Of Parent 1,090,000,000.00 1,167,000,000.00 1,187,000,000.00 3,319,000,000.00 -1,608,000,000.00
Profit Loss Attributable To Noncontrolling Interests 7,000,000.00 5,000,000.00 8,000,000.00 4,000,000.00 3,000,000.00
Line item in (eur) 01.01.2018 01.01.2019 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 1,097,000,000.00 1,173,000,000.00 1,195,000,000.00 3,323,000,000.00 -1,605,000,000.00
Adjustments For Income Tax Expense N/A 193,000,000.00 258,000,000.00 212,000,000.00 -103,000,000.00 -113,000,000.00
Adjustments For Decrease Increase In Inventories N/A -394,000,000.00 -202,000,000.00 -578,000,000.00 -581,000,000.00 -572,000,000.00
Adjustments For Provisions N/A -271,000,000.00 29,000,000.00 -91,000,000.00 427,000,000.00 -199,000,000.00
Adjustments For Sharebased Payments N/A 97,000,000.00 96,000,000.00 112,000,000.00 108,000,000.00 95,000,000.00
Adjustments For Undistributed Profits Of Associates N/A 2,000,000.00 -6,000,000.00 -9,000,000.00 -4,000,000.00 -112,000,000.00
Other Adjustments For Noncash Items N/A -59,000,000.00 77,000,000.00 96,000,000.00 -164,000,000.00 -39,000,000.00
Adjustments For Losses Gains On Disposal Of Noncurrent Assets N/A 71,000,000.00 -78,000,000.00 -1,000,000.00 55,000,000.00 -115,000,000.00
Cash Flows From Used In Operations N/A -898,000,000.00 -359,000,000.00 1,727,000,000.00 -4,390,000,000.00 N/A
Dividends Received Classified As Operating Activities N/A 20,000,000.00 12,000,000.00 4,000,000.00 14,000,000.00 12,000,000.00
Interest Paid Classified As Operating Activities N/A 170,000,000.00 171,000,000.00 148,000,000.00 151,000,000.00 205,000,000.00
Interest Received Classified As Operating Activities N/A 35,000,000.00 25,000,000.00 13,000,000.00 17,000,000.00 15,000,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 301,000,000.00 354,000,000.00 390,000,000.00 249,000,000.00 333,000,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 70,000,000.00 146,000,000.00 4,000,000.00 107,000,000.00 124,000,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 628,000,000.00 252,000,000.00 317,000,000.00 3,098,000,000.00 712,000,000.00
Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities N/A 77,000,000.00 162,000,000.00 65,000,000.00 124,000,000.00 78,000,000.00
Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities N/A 34,000,000.00 63,000,000.00 131,000,000.00 124,000,000.00 116,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 46,000,000.00 60,000,000.00 19,000,000.00 33,000,000.00 18,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 422,000,000.00 486,000,000.00 485,000,000.00 397,000,000.00 444,000,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 123,000,000.00 138,000,000.00 114,000,000.00 107,000,000.00 105,000,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 1,042,000,000.00 1,376,000,000.00 343,000,000.00 1,636,000,000.00 187,000,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 1,287,000,000.00 847,000,000.00 1,065,000,000.00 76,000,000.00 2,516,000,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 1,161,000,000.00 756,000,000.00 298,000,000.00 302,000,000.00 1,472,000,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -251,000,000.00 -262,000,000.00 1,856,000,000.00 -986,000,000.00 -1,172,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 0.00 -2,000,000.00 -55,000,000.00 65,000,000.00 41,000,000.00
Cash and cash equivalents 1,939,000,000.00 1,688,000,000.00 1,425,000,000.00 3,226,000,000.00 2,303,000,000.00 1,172,000,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2020

Report
Q1
H1
Q3
FY
Consolidated Report
ENG
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
18.05.23 R.W.O. Jakobs Non-Executive member Other EUR 0.00
28.04.23 R.W.O. Jakobs Non-Executive member Other EUR 0.00
21.02.23 R.W.O. Jakobs Non-Executive member Other EUR 0.00
28.10.22 R.W.O. Jakobs Non-Executive member Other EUR 0.00
30.09.22 R.W.O. Jakobs Non-Executive member Other EUR 0.00
08.06.22 P. Löscher Non-Executive member Other EUR 0.00
10.05.22 S.J. Poonen Non-Executive member Other USD 0.00
06.05.22 A. Bhattacharya Non-Executive member Sell EUR 140,981.06
06.05.22 M.J. van Ginneken Non-Executive member Sell EUR 102,853.04
06.05.22 A. Bhattacharya Non-Executive member Other EUR 0.00

Short Interest


Current short interest

Position Holder Short Interest in Percent Date
Greenvale Capital LLP 0.51% 26.07.23
Citadel Advisors LLC 0.52% 25.07.23
Viking Global Investors LP 0.54% 25.08.22
Marshall Wace LLP 0.50% 23.11.23
Millennium International Management LP 0.51% 22.11.23
Total 2.58%

Capital markets information

ISIN

NL0000009538

LEI

H1FJE8H61JGM1JSGM897

Sector

Health Care

Industry Group

Health Care Equipment & Services

Industry

Health Care Technology

Sub-Industry

Health Care Technology

Listed Stock Exchange

Euronext Amsterdam

Main Stock Exchange

Contact Investor Relations department

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