XML 88 R52.htm IDEA: XBRL DOCUMENT v3.24.0.1
Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Equity - Outstanding number of shares [Text Block]

Philips Group

Outstanding number of shares

 202120222023
Balance as of January 1905,128,293870,182,445881,480,527
Dividend distributed6,345,96814,174,56839,334,938
Purchase of treasury shares(45,486,392)(5,080,693)(15,964,445)
Delivery of treasury shares4,194,5772,204,2071,552,136
Balance as of December 31870,182,445881,480,527906,403,156
Equity - Transactions related to share-based compensation plans [Text Block]

Philips Group

Transactions related to share-based compensation plans

 202120222023
Shares acquired3,996,5762,142,4453,000,000
Average market priceEUR 36.15EUR 31.76EUR 41.59
Amount paidEUR 144 millionEUR 68 millionEUR 125 million
Shares delivered4,194,5772,204,2071,552,136
Average price (FIFO)EUR 34.14EUR 35.16EUR 34.59
Cost of delivered sharesEUR 143 millionEUR 77 millionEUR 54 million
Total shares in treasury at year-end5,726,7085,664,9467,112,810
Total costEUR 201 millionEUR 191 millionEUR 262 million
Equity - Transactions related to capital reduction [Text Block]

Philips Group

Transactions related to capital reduction

 202120222023
Shares acquired41,489,8162,938,24812,964,445
Average market priceEUR 36.22EUR 36.61EUR 37.25
Amount paidEUR 1,503 millionEUR 108 millionEUR 483 million
Cancellation of treasury shares (shares)33,500,0008,758,45515,134,054
Cancellation of treasury shares (EUR)EUR 1,216 millionEUR 299 millionEUR 566 million
Total shares in treasury at year-end7,989,8162,169,609 
Total costEUR 287 millionEUR 83 million 
Equity - Composition of net debt and group equity [Text Block]

Philips Group

Composition of net debt and group equity

in millions of EUR unless otherwise stated

 202120222023
Long-term debt6,4737,2707,035
Short-term debt506931654
Total debt6,9808,2017,689
Cash and cash equivalents2,3031,1721,869
Net debt4,6767,0285,820
Shareholders' equity14,43813,24912,028
Non-controlling interests363433
Group equity14,47513,28312,061
Net debt and group equity ratio24:7635:6533:67
Equity - Adjusted income from continuing operations attributable to shareholders [Text Block]

Philips Group

Adjusted income from continuing operations attributable to shareholders

1) in millions of EUR

 202120222023
Net income3,323(1,605)(463)
Discontinued operations, net of income taxes(2,711)(13)10
Income from continuing operations612(1,618)(454)
Income from continuing operations attributable to non-controlling interests(4)(3)(2)
Income from continuing operations attributable to shareholders1)608(1,622)(456)
Adjustments for:   
Amortization and impairment of acquired intangible assets322363290
Impairment of goodwill151,3578
Restructuring costs and acquisition-related charges95202381
Other items:1,0699251,358
Respironics litigation provision  575
Respironics field-action connected to the proposed consent decree719250363
Respironics field-action running remediation cost94210224
Quality remediation actions9459 175
R&D project impairments 134 
Portfolio realignment charges 109 
Impairment of assets in S&RC 39 
Provision for public investigations tender irregularities 60 
Provision for a legal matter  31
Investment re-measurement loss  23
Loss (gain) on divestment of business76 (35)
Remaining items87632
Net finance income/expenses(84)(4)18
Tax impact of adjusted items and tax only adjusting items(527)(376)(450)
Adjusted Income from continuing operations attributable to shareholders1)1,4978451,148
1)Shareholders in this table refers to shareholders of Koninklijke Philips N.V. Per share calculations have been adjusted retrospectively for all periods presented to reflect the issuance of shares for the share dividend in respect of 2022.