Annual Report 2008
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Receivables

Auditor report 		Notes
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Income taxes receivable (current portion) totaling EUR 133 million (2007: EUR 52 million) are included under other receivables.

The changes in the allowance for doubtful accounts receivable are as follows:

 
 
2006
2007
2008
 
 
 
 
Balance as of January 1
369
336
300
Additions charged to income
52
62
33
Deductions from allowance 1)
(72)
(85)
(63)
Other movements 2)
(13)
(13)
10
Balance as of December 31
336
300
280
 
1) Write-offs for which an allowance was previously provided
2) Including the effect of translation differences and consolidation changes
Previous - US GAAP financial statements: Significant accounting policies Next - IFRS financial statements: Introduction
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.
155
155
Notes to the US GAAP financial statements
Notes to the IFRS financial statements
Notes to the Company financial statements
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