Annual Report 2008
Did the report help you?
Take survey (7 questions, 1 minute)

Other non-current financial assets

 
 
investments
other receivables
total
 
 
 
 
Balance as of January 1, 2008
2,730
5
2,735
 
 
 
 
Changes:
 
 
 
Transferred from Investments in affiliated companies
1,524
1,524
Acquisitions/additions
79
50
129
Sales/redemptions
(2,515)
(2,515)
Value adjustments /impairments
(925)
(2)
(927)
 
 
 
 
Balance as of December 31, 2008
893
53
946
 

Other non-current financial assets include available-for-sale securities and cost method investments that generate income unrelated to the normal business operations.

The transfer from investments in affiliated companies mainly relates to the interest in LG Display (see note B).

Sales/redemptions reflect the reduction of Philips’ interest in TSMC, LG Display and D&M Holdings.

Value adjustments/impairments mainly relate to the interests in LG Display, TPO Displays, Pace Micro Technology and NXP.

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.
247
247
Notes to the US GAAP financial statements
Notes to the IFRS financial statements
Notes to the Company financial statements
debugging messages