Philips Annual Report 2004 1 Contents
Annual Report 2004 A new approach to annual reporting Forward-looking statements Philips is striving to combine timely reporting of its annual financial This document contains certain forward-looking statements with respect to the financial results with full disclosure and transparency. condition, results of operations and business of Philips and certain of the plans and This year, Philips has again accelerated the reporting of its annual objectives of Philips with respect to these items (including, but not limited to, cost financial results. The performance in 2004 has been summarized in savings), in particular the outlook paragraph of the Operating and financial review and a separate booklet entitled ‘Annual Review 2004’ of Koninklijke prospects in this Annual Report booklet. Philips Electronics N.V. (‘Royal Philips Electronics’, or the By their nature, forward-looking statements involve risk and uncertainty because they ‘Company’), which was published on January 27, 2005. relate to events and depend on circumstances that will occur in the future. There are a Full financial information and further statutory and other number of factors that could cause actual results and developments to differ materially information, including the Operating and financial review and from those expressed or implied by these forward-looking statements. These factors prospects, is contained in this Annual Report. include, but are not limited to, levels of consumer and business spending in major economies, changes in consumer tastes and preferences, changes
[Show full text]