Annual Report 2008
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Obligations not appearing in balance sheet

General guarantees as referred to in Section 403, Book 2, of the Dutch Civil Code, have been given by the Company on behalf of several group companies in the Netherlands. The liabilities of these companies to third parties and equity-accounted investees totaled EUR 1,249 million as of year-end 2008 (2007: EUR 1,232 million). Guarantees totaling EUR 266 million (2007: EUR 256 million) have also been given on behalf of other group companies, and guarantees totaling EUR 42 million (2007: EUR 44 million) on behalf of unconsolidated companies and third parties. The Company is the head of a fiscal unity that contains the most significant Dutch wholly-owned group companies. The company is therefore jointly and severally liable for the tax liabilities of the tax entity as a whole. For additional information, please refer to noteĀ (62) Contingent liabilities.

This is an interactive electronic version of the Philips Annual Report 2008 and also contains certain information in summarized form. The contents of this version are qualified in their entirety by reference to the printed version of the Philips Annual Report 2008. The printed version is available as a PDF file on this website. Information about: forward-looking statements, third-party market share data, fair value information, US GAAP basis of presentation, use of non-US GAAP information, statutory financial statements and management report, revision and reclassifications and analysis of 2007 compared to 2006.
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Notes to the US GAAP financial statements
Notes to the IFRS financial statements
Notes to the Company financial statements
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