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Consolidated statements of changes in equity - EUR (€)
€ in Millions
Total
Equity attributable to owners of parent [member]
Issued capital [member]
Non-controlling interests [member]
Reserve of cash flow hedges [member]
Reserve of exchange differences on translation [member]
[1]
Reserve of gains and losses on financial assets measured at fair value through other comprehensive income [member]
[2]
Retained earnings [member]
Share premium [member]
Treasury shares [member]
Equity at beginning of period at Dec. 31, 2016 € 13,453 € 12,546 € 186 € 907 € 10 € 1,234 € 36 € 8,178 € 3,083 € (181)
Total comprehensive income (loss) 895 805   90 12 (823) (66) 1,681    
Dividend distributed 478 384 (2) 94       742 (356)  
Sale of shares of Philips Lighting (now Signify) 1,039 327   712   (19)   346    
Deconsolidation Philips Lighting (now Signify) (1,602) (12)   (1,590)       54 (66)  
Purchase of treasury shares 318 318               318
Re-issuance of treasury shares 133 133           3 (205) 334
Forward contracts 1,079 1,079           1,018   61
Share call options (160) (160)           95   (255)
Share-based compensation plans 151 151             151  
Income tax share-based compensation plans 8 8             8  
Equity at end of period at Dec. 31, 2017 12,023 [3] 11,999 188 24 23 392 (30) 8,596 3,311 (481)
IFRS 9 And 15 Adjustment (29) (29)         (4) (25)    
Total comprehensive income (loss) 1,233 1,225   8 (33) 347 (147) 1,058    
Dividend distributed 403 400 (2) 3       738 (336)  
Purchase of treasury shares 514 514               514
Re-issuance of treasury shares 61 61           (4) (276) 341
Forward contracts (319) (319)           124   (443)
Share call options (51) (51)           34   (85)
Share-based compensation plans 107 107             107  
Cancellation of treasury shares     (5)         (779)   783
Income Tax Share-based Compensation Plans 11 11             11  
Equity at end of period at Dec. 31, 2018 12,117 [3] 12,088 185 29 (10) 739 (181) 8,266 3,487 (399)
IFRS 16 adjustment [4] (33) (33)           (33)    
Total comprehensive income (loss) 1,512 1,507   5 (13) 239 82 1,200    
Dividend distributed 456 453 (2) 2       775 (319)  
Purchase of treasury shares 621 621               621
Re-issuance of treasury shares 31 31           11 (246) 266
Forward contracts               706   (706)
Share call options               28 (30) (58)
Share-based compensation plans 101 101             101  
Cancellation of treasury shares     (8)         (1,308)   1,316
Income Tax Share-based Compensation Plans 10 10             10  
Minority buy-out (6) (3)   (3)       (3)    
Transfer of gain on disposal of equity investments at FVTOCI to retained earnings             204 204    
Equity at end of period at Dec. 31, 2019 € 12,625 [3] € 12,597 € 179 € 28 € (24) € 978 € (303) € 8,296 € 3,671 € (201)
[1] Cumulative translation adjustments related to investments in associates were EUR 44 million at December 31, 2019 (2018: EUR 45 million, 2017: EUR 46 million).
[2] Previously available-for-sale financial assets.
[3] Non-IFRS financial measure. For the definition and reconciliation of the most directly comparable IFRS measure, refer to Reconciliation of non-IFRS information.
[4] Impact of IFRS 16 adoption. Reference is made to the Significant accounting policies