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Annual Report 2009

Financial, social and environmental performance

staying focused acting decisively

Please note: this PDF contains only the pages highlighted in the list of contents below. The contents of this file are qualified in their entirety by reference to the printed version of the Philips Annual Report 2009. The information on this PDF has been derived from the audited financial statements 2009 of Koninklijke Philips Electronics N.V. KPMG has issued unqualified auditors’ reports on these financial statements.

This is the employee selection from the Philips Annual Report 2009

Contents

Grey text indicates parts not included in this selection from the Philips Annual Report 2009.

15 16

Investor contact Definitions and abbreviations Forward-looking statements and other information

56

Performance highlights President’s message 1

1.1 1.2 1.3

3

17

5 10 10 11 13 14 14 18 22 26 30 34 38 38 41 44 47 50 53 -

Who we are

Our company Our strategic focus Our ambitions

IFRS basis of presentation Philips moved to International Financial Reporting Standards (IFRS) as its sole accounting standard from January 1, 2009 onwards. The use of US GAAP has been discontinued per the same date. The financial information included in this document is based on IFRS, unless otherwise indicated. Forward-looking statements Please refer to chapter 17, Forward-looking statements and other information, of this Annual Report for more information about forwardlooking statements, third-party market share data, fair value information, IFRS basis of preparation, use of non-GAAP information, statutory financial statements and management report, and reclassifications. Dutch Financial Markets Supervision Act This document comprises regulated information within the meaning of the Dutch Financial Markets Supervision Act (Wet op het Financieel Toezicht). Statutory financial statements and management report The chapters Group financial statements and Company financial...