Koninklijke Philips N.V.

ENXTAM-PHIA

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						17,147	17,313	17,156	17,827	18,169	18,133
Total Revenues % Chg.						-5.4%	1%	-0.9%	3.9%	1.9%	-1.3%
Cost of Goods Sold, Total						9,199	9,401	9,988	10,633	10,721	10,597
Gross Profit						7,948	7,912	7,168	7,194	7,448	7,536
Selling General & Admin Expenses, Total						4,582	4,564	4,865	5,302	5,153	5,164
R&D Expenses						1,639	1,691	1,806	1,957	1,890	1,737
Other Operating Expenses						7	-28	-16	20	-12	-7
Other Operating Expenses, Total						6,228	6,227	6,655	7,279	7,031	6,894
Operating Income						1,720	1,685	513	-85	417	642
Interest Expense, Total						-173	-169	-156	-234	-285	-290
Interest And Investment Income						77	16	20	28	48	62
Net Interest Expenses						-96	-153	-136	-206	-237	-228
Income (Loss) On Equity Invest.						1	-9	-4	-2	-98	-139
Currency Exchange Gains (Loss)						-2	4	—	9	-23	-23
Other Non Operating Income (Expenses)						-18	-10	9	-3	-7	-8
EBT, Excl. Unusual Items						1,605	1,517	382	-287	52	244
Restructuring Charges	—	—			—	—	—	—	-134	—	—
Impairment of Goodwill		—			—	-97	-144	-15	-1,357	-8	-8
Gain (Loss) On Sale Of Investments						19	129	95	9	-26	-26
Gain (Loss) On Sale Of Assets			—			72	2	-57	6	61	61
Asset Writedown	—	—		—	—	-50	-92	—	—	—	—
Insurance Settlements	—	—	—	—	—	—	—	—	—	—	538
Legal Settlements		—	—		—	—	-38	17	-60	-606	-1,013
Other Unusual Items	—	—				-302	-163	87	92	—	—
EBT, Incl. Unusual Items						1,247	1,211	509	-1,731	-527	-204
Income Tax Expense						258	212	-103	-113	-73	349
Earnings From Continuing Operations						989	999	612	-1,618	-454	-553
Earnings Of Discontinued Operations						183	196	2,711	13	-10	134
Minority Interest						-5	-8	-4	-3	-2	-2
Net Income						1,167	1,187	3,319	-1,608	-466	-421
Net Income to Common Incl Extra Items						1,167	1,187	3,319	-1,608	-466	-421
Net Income to Common Excl. Extra Items						984	991	608	-1,621	-456	-555
Total Shares Outstanding						957.7	953.6	916.8	928.7	914.1	934.1
Weighted Avg. Shares Outstanding						970.4	956.3	951.6	928.8	925.2	917.3
Weighted Avg. Shares Outstanding Dil						980.6	965.7	957.1	928.8	925.2	917.3
EPS						1.2	1.2	3.5	-1.7	-0.5	-0.5
EPS Diluted						1.2	1.2	3.5	-1.7	-0.5	-0.5
EBITDA						2,624	2,752	1,464	669	1,127	1,375
Effective Tax Rate						20.7%	17.5%	-20.2%	6.5%	13.9%	-171.1%