2. PHILIPS: A generaloverview A strongdiversifiedindustrialgroupleading in health and well-being Founded in 1891 Headquartered in Amsterdam, the Netherlands Sales over EUR 22.1 bilion in 2010 Growth Markets 32% of salesgenerated in Growth Markets Globallyrecognized brand (world top 50) 11700 employees
3. Headlines in Quarter 1 2011 Net income of EUR 138 million, EBITA of EUR 437 million and sales of EUR 5.3 billion Philips and TPV to createstrongtelevisioncompany Televisionresultsreported as discontinuedoperations Nominalsales of EUR 5.3 billion, 6% higheryear-on-year Comparablesalesincreasedby 4%, withsolidgrowth at Lighting and Healthcare ComparableSales in ourgrowthmarketsincreasedby 11% EBITA of EUR 437 million at 8% of sales in the quarter Net income of EUR 138 million, EUR 63 millionbelow Q1 2010 Free cash outflow of EUR 615 million