PHG FY 2006 Earnings Report — Koninklijke Philips N.V. Revenue & Financial Results | Market Cap Arena

Koninklijke Philips N.V.PHG

FY 2006 Earnings

Reported February 20, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$31.6B	—	—	—	—
Op. Income	$1.4B	—	—	—	—
Gross Margin	30.8%	—	—	—	—
Net Margin	20.0%	—	—	—	—
EPS (Diluted)	$5.00	—	—	—	—
Free Cash Flow	$59M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$31.6B
Cost of Revenue	$21.9B
GROSS PROFIT	$9.7B
R&D Expenses	$2.0B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$6.6B
Other Expenses	$0
Operating Expenses	$8.3B
Cost & Expenses	$30.2B
OPERATING INCOME	$1.4B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$33M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$161M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$5.3B
NET INCOME	$6.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.3B
D&A	$977M
EBIT	$1.4B
EBITDA	$2.4B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$31.6B
Cost of Revenue	$21.9B
GROSS PROFIT	$9.7B
R&D Expenses	$2.0B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$6.6B
Other Expenses	$0
Operating Expenses	$8.3B
Cost & Expenses	$30.2B
OPERATING INCOME	$1.4B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$33M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$161M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$5.3B
NET INCOME	$6.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6.3B
D&A	$977M
EBIT	$1.4B
EBITDA	$2.4B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$6.3B
Depreciation & Amortization	$977M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$6.7B
Change in Working Capital	-$1.6B
OPERATING CASH FLOW	$1000M
Capital Expenditure	-$940M
Acquisitions (Net)	-$2.5B
Purchases of Investments	-$36M
Sales/Maturities of Investments	$4M
Other Investing Activities	$4.4B
NET CASH FROM INVESTING	$4.4B
Net Debt Issuance	-$512M
Common Stock Repurchased	-$3.2B
Common Dividends Paid	-$612M
Other Financing Activities	-$612M
NET CASH FROM FINANCING	-$4.4B
FREE CASH FLOW	$59M
Net Change in Cash	$854M

Balance Sheet

Item	Amount
Cash & Equivalents	$7.1B
Short-Term Investments	$0
Net Receivables	$5.5B
Inventory	$3.4B
Other Current Assets	$1.4B
TOTAL CURRENT ASSETS	$17.5B
PP&E (Net)	$3.6B
Goodwill	$4.5B
Intangible Assets	$2.2B
Long-Term Investments	$0
Tax Assets	$1.3B
Other Non-Current Assets	$15.9B
TOTAL NON-CURRENT ASSETS	$27.6B
TOTAL ASSETS	$45.1B
Account Payables	$3.7B
Short-Term Debt	$1.0B
Deferred Revenue	$3.9B
Other Current Liabilities	$2.1B
TOTAL CURRENT LIABILITIES	$10.7B
Long-Term Debt	$3.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3.8B
TOTAL NON-CURRENT LIABILITIES	$7.3B
TOTAL LIABILITIES	$18.0B
Common Stock	$267M
Additional Paid-In Capital	$0
Retained Earnings	$25.9B
Treasury Stock	-$1.1B
Accum. Other Comp. Income	$1.9B
Other Equity	$27.7B
TOTAL STOCKHOLDERS' EQUITY	$26.9B
Minority Interest	$153M
TOTAL EQUITY	$27.1B
TOTAL LIABILITIES & EQUITY	$45.1B
Total Debt	$4.5B
Net Debt	-$2.5B