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Content is presented on an IFRS basis unless otherwise indicated, and includes forward-looking statements subject to risk and uncertainty. The report outlines statutory financial statements and management report structure, notes rounding effects, and provides a detailed contents framework covering strategy, governance, sustainability, financial statements, notes, and investor information.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/philips-full-annual-report-2025-annual-report/500965/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/philips-full-annual-report-2025-annual-report/500965.png","ImageObject",300,407,{"name":92,"@type":93},"SundayMiles","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-21","2026-10-03",true,{"@type":102,"interactionType":103,"userInteractionCount":44},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"When was the Philips 2025 Annual Report filed in the ESEF package?","Question",{"text":112,"@type":113},"It was filed on February 19, 2026 in the ESEF package format.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"Which reporting basis is used for the financial information in the report?",{"text":117,"@type":113},"The financial information is based on IFRS, unless otherwise indicated.",{"name":119,"@type":110,"acceptedAnswer":120},"How are discrepancies handled between the PDF version and the ESEF package?",{"text":121,"@type":113},"In case of discrepancies, the ESEF package prevails.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},500965,1791242623,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":44,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":145},1099529839202,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","Annual Report 2025  \nBetter care for more people  \nPDF/printed version  \nThis document is the PDF/printed version of the 2025 Annual Report of Royal Philips and has been prepared for ease of use. The 2025 Annual Report was made publicly available pursuant to section 5:25c of the Dutch Financial Supervision Act ( Wet op het financieel toezicht) and was filed with Netherlands Authority for the Financial Markets in European single electronic reporting format (the ESEF package) on February 19, 2026. The ESEF package is available on the company’s website at [https://www.results.philips.com/downloadcenter\\#ar25](https://www.results.philips.com/downloadcenter#ar25) and includes a human readable XHTML version of the 2025 Annual Report. In any case of discrepancies between this PDF version and the ESEF package, the latter prevails.  \nIFRS basis of presentation  \nThe financial information included in this document is based on IFRS, as explained in General information to the Consolidated financial statements, unless otherwise indicated.  \nForward-looking statements  \nThis document contains certain forward-looking statements. By their nature, these statements involve risk and uncertainty. For more information, please refer to Forward-looking statements and other information.  \nReferences to Philips  \nReferences to the company, to Philips or the (Philips) Group or group, relate to Koninklijke Philips N.V. and its subsidiaries, as the context requires. Royal Philips refers to Koninklijke Philips N.V.  \nDutch Financial Markets Supervision Act  \nThis document comprises regulated information within the meaning of the Dutch Financial Markets Supervision Act (Wet op het financieel toezicht) .  \nStatutory financial statements and management report  \nThe chapters Group financial statements and Company financial statements contain the statutory financial statements of the company. Under ’Management report’ in section References to the content of this Annual Report we set out which parts of this Annual Report form the Management report within the meaning of Section 2:391 of the Dutch Civil Code.  \nDue to rounding, amounts may not add up precisely to the totals provided in this report.  \nContents  \n2025 at a glance: key figures 4  \nOur management 7  \nMessage from the CEO 8  \nMembers of the Board of Management and Executive Committee 10  \nStrategy 12  \nStrategic focus 13  \nBusiness 15  \nFinancial performance 25  \nPerformance summary 26  \nResults of operations 29  \nFinancial position 33  \nCash flow and liquidity 35  \nEnvironmental, Social and Governance 38  \nEnvironmental 42  \nSocial 48  \nGovernance 53  \nSupervisory Board 63  \nLetter from the Chairman of the Supervisory Board 64  \nMembers of the Supervisory Board 65  \nSupervisory Board report 67  \nRemuneration Report 2025 75  \nGroup financial statements 91  \nConsolidated statements of income 92  \nConsolidated statements of comprehensive income 92  \nConsolidated balance sheets 93  \nConsolidated statements of cash flows 94  \nConsolidated statements of changes in equity 95  \nNotes to the Consolidated financial statements 96  \nCompany financial statements 157  \nStatements of income 158  \nBalance sheets before appropriation of results 159  \nStatements of changes in equity 160  \nNotes to the Company financial statements 161  \nSustainability statement 168  \nTracking our ESG program 169  \nGeneral basis for preparation 172  \nDouble Materiality Assessment 175  \nEnvironmental information 187  \nSocial information 216  \nGovernance information 236  \nESRS cross-reference table 242  \nFurther information 251  \nReferences to the content of this Annual Report 252  \nManagement’s statements and report 253  \nIndependent auditor’s reports 255  \nCorporate governance report 270  \nRisk factors and responses 278  \nHow we create value 289  \nAppropriation of profits 290  \nReconciliation of non-IFRS information 291  \nOther key performance indicators 299  \nForward-looking statements and other information 300  \nInvestor information 3","cbCaiaKNtxkycy1C","https://ap.wps.com/l/cbCaiaKNtxkycy1C","pdf",36925082,306,"English","# 2025 at a glance: key figures\n## Our management\n## Message from the CEO\n## Members of the Board of Management and Executive Committee\n## Strategy\n## Business\n## Financial performance\n## Environmental, Social and Governance\n## Supervisory Board\n## Letter from the Chairman of the Supervisory Board\n## Remuneration Report 2025\n# Group financial statements\n## Notes to the Consolidated financial statements\n## Company financial statements\n## Sustainability statement\n## General basis for preparation\n## Further information\n# References and statements","[{\"question\":\"When was the Philips 2025 Annual Report filed in the ESEF package?\",\"answer\":\"It was filed on February 19, 2026 in the ESEF package format.\"},{\"question\":\"Which reporting basis is used for the financial information in the report?\",\"answer\":\"The financial information is based on IFRS, unless otherwise indicated.\"},{\"question\":\"How are discrepancies handled between the PDF version and the ESEF package?\",\"answer\":\"In case of discrepancies, the ESEF package prevails.\"}]","Philips Full Annual Report 2025 - Annual Report | PDF",1791016386,771]