0000313216FY2021--12-31falsetruefalsefalsefalse00003132162021-01-012021-12-310000313216dei:BusinessContactMember2021-01-012021-12-3100003132162021-12-3100003132162019-01-012019-12-3100003132162020-01-012020-12-3100003132162020-12-3100003132162018-12-3100003132162019-12-310000313216ifrs-full:IssuedCapitalMember2018-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2018-12-310000313216ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember2018-12-310000313216ifrs-full:ReserveOfCashFlowHedgesMember2018-12-310000313216ifrs-full:SharePremiumMember2018-12-310000313216ifrs-full:RetainedEarningsMember2018-12-310000313216ifrs-full:TreasurySharesMember2018-12-310000313216ifrs-full:EquityAttributableToOwnersOfParentMember2018-12-310000313216ifrs-full:NoncontrollingInterestsMember2018-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2019-01-012019-12-310000313216ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember2019-01-012019-12-310000313216ifrs-full:ReserveOfCashFlowHedgesMember2019-01-012019-12-310000313216ifrs-full:RetainedEarningsMember2019-01-012019-12-310000313216ifrs-full:EquityAttributableToOwnersOfParentMember2019-01-012019-12-310000313216ifrs-full:NoncontrollingInterestsMember2019-01-012019-12-310000313216ifrs-full:IssuedCapitalMember2019-01-012019-12-310000313216ifrs-full:SharePremiumMember2019-01-012019-12-310000313216ifrs-full:TreasurySharesMember2019-01-012019-12-310000313216ifrs-full:IssuedCapitalMember2019-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2019-12-310000313216ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember2019-12-310000313216ifrs-full:ReserveOfCashFlowHedgesMember2019-12-310000313216ifrs-full:SharePremiumMember2019-12-310000313216ifrs-full:RetainedEarningsMember2019-12-310000313216ifrs-full:TreasurySharesMember2019-12-310000313216ifrs-full:EquityAttributableToOwnersOfParentMember2019-12-310000313216ifrs-full:NoncontrollingInterestsMember2019-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2020-01-012020-12-310000313216ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember2020-01-012020-12-310000313216ifrs-full:ReserveOfCashFlowHedgesMember2020-01-012020-12-310000313216ifrs-full:RetainedEarningsMember2020-01-012020-12-310000313216ifrs-full:EquityAttributableToOwnersOfParentMember2020-01-012020-12-310000313216ifrs-full:NoncontrollingInterestsMember2020-01-012020-12-310000313216ifrs-full:IssuedCapitalMember2020-01-012020-12-310000313216ifrs-full:SharePremiumMember2020-01-012020-12-310000313216ifrs-full:TreasurySharesMember2020-01-012020-12-310000313216ifrs-full:IssuedCapitalMember2020-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2020-12-310000313216ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember2020-12-310000313216ifrs-full:ReserveOfCashFlowHedgesMember2020-12-310000313216ifrs-full:SharePremiumMember2020-12-310000313216ifrs-full:RetainedEarningsMember2020-12-310000313216ifrs-full:TreasurySharesMember2020-12-310000313216ifrs-full:EquityAttributableToOwnersOfParentMember2020-12-310000313216ifrs-full:NoncontrollingInterestsMember2020-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2021-01-012021-12-310000313216ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember2021-01-012021-12-310000313216ifrs-full:ReserveOfCashFlowHedgesMember2021-01-012021-12-310000313216ifrs-full:RetainedEarningsMember2021-01-012021-12-310000313216ifrs-full:EquityAttributableToOwnersOfParentMember2021-01-012021-12-310000313216ifrs-full:NoncontrollingInterestsMember2021-01-012021-12-310000313216ifrs-full:IssuedCapitalMember2021-01-012021-12-310000313216ifrs-full:SharePremiumMember2021-01-012021-12-310000313216ifrs-full:TreasurySharesMember2021-01-012021-12-310000313216ifrs-full:IssuedCapitalMember2021-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2021-12-310000313216ifrs-full:ReserveOfGainsAndLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember2021-12-310000313216ifrs-full:ReserveOfCashFlowHedgesMember2021-12-310000313216ifrs-full:SharePremiumMember2021-12-310000313216ifrs-full:RetainedEarningsMember2021-12-310000313216ifrs-full:TreasurySharesMember2021-12-310000313216ifrs-full:EquityAttributableToOwnersOfParentMember2021-12-310000313216ifrs-full:NoncontrollingInterestsMember2021-12-310000313216ifrs-full:AssociatesMember2021-12-310000313216ifrs-full:AssociatesMember2020-12-310000313216ifrs-full:AssociatesMember2019-12-310000313216ifrs-full:BottomOfRangeMember2018-12-310000313216ifrs-full:TopOfRangeMember2018-12-310000313216phg:DiagnosisTreatmentMember2021-01-012021-12-310000313216phg:DiagnosisTreatmentMember2020-01-012020-12-310000313216phg:DiagnosisTreatmentMember2019-01-012019-12-310000313216phg:ConnectedCareMember2021-01-012021-12-310000313216phg:PersonalHealthMember2021-01-012021-12-310000313216phg:OtherMember2021-01-012021-12-310000313216phg:IntersectorEliminationsMember2021-01-012021-12-310000313216phg:ConnectedCareMember2020-01-012020-12-310000313216phg:PersonalHealthMember2020-01-012020-12-310000313216phg:OtherMember2020-01-012020-12-310000313216phg:IntersectorEliminationsMember2020-01-012020-12-310000313216phg:ConnectedCareMember2019-01-012019-12-310000313216phg:PersonalHealthMember2019-01-012019-12-310000313216phg:OtherMember2019-01-012019-12-310000313216phg:IntersectorEliminationsMember2019-01-012019-12-310000313216country:NL2021-01-012021-12-310000313216country:NL2021-12-310000313216country:US2021-01-012021-12-310000313216country:US2021-12-310000313216country:CN2021-01-012021-12-310000313216country:CN2021-12-310000313216country:JP2021-01-012021-12-310000313216country:JP2021-12-310000313216country:DE2021-01-012021-12-310000313216country:DE2021-12-310000313216country:GB2021-01-012021-12-310000313216country:GB2021-12-310000313216country:FR2021-01-012021-12-310000313216country:FR2021-12-310000313216phg:OtherCountriesMember2021-01-012021-12-310000313216phg:OtherCountriesMember2021-12-310000313216ifrs-full:ForeignCountriesMember2021-01-012021-12-310000313216ifrs-full:ForeignCountriesMember2021-12-310000313216country:NL2020-01-012020-12-310000313216country:NL2020-12-310000313216country:US2020-01-012020-12-310000313216country:US2020-12-310000313216country:CN2020-01-012020-12-310000313216country:CN2020-12-310000313216country:JP2020-01-012020-12-310000313216country:JP2020-12-310000313216country:DE2020-01-012020-12-310000313216country:DE2020-12-310000313216country:GB2020-01-012020-12-310000313216country:GB2020-12-310000313216country:IT2020-01-012020-12-310000313216country:IT2020-12-310000313216phg:OtherCountriesMember2020-01-012020-12-310000313216phg:OtherCountriesMember2020-12-310000313216ifrs-full:ForeignCountriesMember2020-01-012020-12-310000313216ifrs-full:ForeignCountriesMember2020-12-310000313216country:NL2019-01-012019-12-310000313216country:NL2019-12-310000313216country:US2019-01-012019-12-310000313216country:US2019-12-310000313216country:CN2019-01-012019-12-310000313216country:CN2019-12-310000313216country:JP2019-01-012019-12-310000313216country:JP2019-12-310000313216country:DE2019-01-012019-12-310000313216country:DE2019-12-310000313216country:GB2019-01-012019-12-310000313216country:GB2019-12-310000313216country:FR2019-01-012019-12-310000313216country:FR2019-12-310000313216phg:OtherCountriesMember2019-01-012019-12-310000313216phg:OtherCountriesMember2019-12-310000313216ifrs-full:ForeignCountriesMember2019-01-012019-12-310000313216ifrs-full:ForeignCountriesMember2019-12-310000313216phg:DomesticAppliancesBusinessGroupMember2021-01-012021-12-310000313216phg:DomesticAppliancesMember2021-01-012021-12-310000313216phg:OtherOperationsMember2021-01-012021-12-310000313216phg:OtherOperationsMember2020-01-012020-12-310000313216phg:OtherOperationsMember2019-01-012019-12-310000313216phg:DomesticAppliancesMember2019-01-012019-12-310000313216phg:DomesticAppliancesMember2020-01-012020-12-310000313216ifrs-full:DiscontinuedOperationsMember2019-01-012019-12-310000313216ifrs-full:DiscontinuedOperationsMember2020-01-012020-12-310000313216ifrs-full:DiscontinuedOperationsMember2021-01-012021-12-310000313216ifrs-full:DiscontinuedOperationsMemberphg:DomesticAppliancesBusinessGroupMember2019-01-012019-12-310000313216ifrs-full:DiscontinuedOperationsMemberphg:DomesticAppliancesBusinessGroupMember2020-01-012020-12-310000313216ifrs-full:DiscontinuedOperationsMemberphg:DomesticAppliancesBusinessGroupMember2021-01-012021-12-310000313216phg:AcquisitionsAndDivestmentsDomain2021-12-310000313216phg:BiotelemetryMember2021-01-012021-12-310000313216phg:BiotelemetryMember2021-12-310000313216phg:CapsuleTechnologiesMember2021-01-012021-12-310000313216phg:CapsuleTechnologiesMember2021-12-310000313216phg:AgingCaregivingMember2021-12-310000313216phg:AgingCaregivingMember2021-01-012021-12-310000313216phg:RemainingTwoAcquisitionsMember2020-01-012021-12-310000313216phg:RemainingTwoAcquisitionsMember2021-12-310000313216phg:IntactVascularMember2021-12-310000313216phg:IntactVascularMember2020-01-012020-12-310000313216phg:IntactVascularMember2021-01-012021-12-310000313216ifrs-full:ConsolidatedStructuredEntitiesMember2020-12-310000313216ifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2021-01-012021-12-310000313216ifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2020-01-012020-12-310000313216ifrs-full:AssociatesMember2021-01-012021-12-310000313216phg:AssociateMember2021-01-012021-12-310000313216phg:PhilipsMedicalCapitalLlcMember2021-12-310000313216phg:PhilipsMedicalCapitalLlcMember2019-12-310000313216phg:PhilipsChinaInvestmentCompanyLtdMember2020-01-012020-12-310000313216phg:PhilipsChinaInvestmentCompanyLtdMember2021-01-012021-12-310000313216phg:PhilipsGmbhMember2020-01-012020-12-310000313216phg:PhilipsGmbhMember2021-01-012021-12-310000313216phg:PhilipsMedizinSystemeBoblingenGmbhMember2020-01-012020-12-310000313216phg:PhilipsMedizinSystemeBoblingenGmbhMember2021-01-012021-12-310000313216phg:PhilipsMedicalSystemsTechnologiesLtdMember2021-12-312021-12-310000313216phg:PhilipsMedicalSystemsTechnologiesLtdMember2021-01-012021-12-310000313216phg:PhilipsIndiaLimitedMember2021-12-312021-12-310000313216phg:PhilipsJapanLtdMember2020-01-012020-12-310000313216phg:PhilipsConsumerLifestyleBvMember2020-01-012020-12-310000313216phg:PhilipsMedicalSystemsNederlandBVMember2021-12-312021-12-310000313216phg:AtlInternationalLlcMember2020-01-012020-12-310000313216phg:AllpartsMedicalLlcMember2021-12-312021-12-310000313216phg:DiscusHoldingsLlcMember2021-12-312021-12-310000313216phg:PhilipsHealthcareInformaticsIncMember2021-12-312021-12-310000313216phg:PhilipsNorthAmericaLlcMember2021-12-312021-12-310000313216phg:PhilipsOralHealthcareLlcMember2020-01-012020-12-310000313216phg:PhilipsUsaExportCorporationMember2020-01-012020-12-310000313216phg:SpectraneticsLlcMember2021-12-312021-12-310000313216ifrs-full:NotLaterThanOneYearMember2020-01-012020-12-310000313216ifrs-full:LaterThanOneYearMember2020-01-012020-12-310000313216phg:ShareBasedCompensationExpensesMember2021-01-012021-12-310000313216phg:ShareBasedCompensationExpensesMember2020-01-012020-12-310000313216phg:ShareBasedCompensationExpensesMember2019-01-012019-12-310000313216ifrs-full:OtherEnvironmentRelatedProvisionMemberphg:EpdSolutionsLtdMember2021-12-310000313216phg:ProvisionsForContingentConsiderationsMemberphg:EpdSolutionsLtdMemberphg:ForecastsRevisionMember2021-12-310000313216phg:ProvisionsForContingentConsiderationsMemberphg:EpdSolutionsLtdMemberphg:MilestoneMember2021-12-310000313216phg:ProvisionsForContingentConsiderationsMemberphg:EpdSolutionsLtdMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:DiagnosisTreatmentMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:DiagnosisTreatmentMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:ConnectedCareMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:ConnectedCareMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:PersonalHealthMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:PersonalHealthMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:OtherMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:OtherMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:DiagnosisTreatmentMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:DiagnosisTreatmentMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:ConnectedCareMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:ConnectedCareMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:PersonalHealthMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:PersonalHealthMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:OtherMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:OtherMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:DiagnosisTreatmentMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:DiagnosisTreatmentMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:ConnectedCareMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:ConnectedCareMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:PersonalHealthMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:PersonalHealthMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:OtherMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:OtherMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:WesternEuropeMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:WesternEuropeMember2021-01-012021-12-310000313216phg:WesternEuropeMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:NorthAmericaMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:NorthAmericaMember2021-01-012021-12-310000313216phg:NorthAmericaMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:OtherMatureGeographiesMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:OtherMatureGeographiesMember2021-01-012021-12-310000313216phg:OtherMatureGeographiesMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:TotalMatureGeographiesMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:TotalMatureGeographiesMember2021-01-012021-12-310000313216phg:TotalMatureGeographiesMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:GrowthGeographiesMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:GrowthGeographiesMember2021-01-012021-12-310000313216phg:GrowthGeographiesMember2021-01-012021-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:WesternEuropeMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:WesternEuropeMember2020-01-012020-12-310000313216phg:WesternEuropeMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:NorthAmericaMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:NorthAmericaMember2020-01-012020-12-310000313216phg:NorthAmericaMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:OtherMatureGeographiesMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:OtherMatureGeographiesMember2020-01-012020-12-310000313216phg:OtherMatureGeographiesMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:TotalMatureGeographiesMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:TotalMatureGeographiesMember2020-01-012020-12-310000313216phg:TotalMatureGeographiesMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:GrowthGeographiesMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:GrowthGeographiesMember2020-01-012020-12-310000313216phg:GrowthGeographiesMember2020-01-012020-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:WesternEuropeMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:WesternEuropeMember2019-01-012019-12-310000313216phg:WesternEuropeMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:NorthAmericaMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:NorthAmericaMember2019-01-012019-12-310000313216phg:NorthAmericaMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:OtherMatureGeographiesMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:OtherMatureGeographiesMember2019-01-012019-12-310000313216phg:OtherMatureGeographiesMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:TotalMatureGeographiesMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:TotalMatureGeographiesMember2019-01-012019-12-310000313216phg:TotalMatureGeographiesMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredAtPointInTimeMemberphg:GrowthGeographiesMember2019-01-012019-12-310000313216ifrs-full:GoodsOrServicesTransferredOverTimeMemberphg:GrowthGeographiesMember2019-01-012019-12-310000313216phg:GrowthGeographiesMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ProductionMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ProductionMember2020-01-012020-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ProductionMember2021-01-012021-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ResearchDevelopmentMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ResearchDevelopmentMember2020-01-012020-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ResearchDevelopmentMember2021-01-012021-12-310000313216ifrs-full:ContinuingOperationsMemberphg:OtherMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberphg:OtherMember2020-01-012020-12-310000313216ifrs-full:ContinuingOperationsMemberphg:OtherMember2021-01-012021-12-310000313216ifrs-full:ContinuingOperationsMemberphg:EmployeesMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberphg:EmployeesMember2020-01-012020-12-310000313216ifrs-full:ContinuingOperationsMemberphg:EmployeesMember2021-01-012021-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ThirdPartyWorkersMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ThirdPartyWorkersMember2020-01-012020-12-310000313216ifrs-full:ContinuingOperationsMemberphg:ThirdPartyWorkersMember2021-01-012021-12-310000313216ifrs-full:ContinuingOperationsMemberifrs-full:CountryOfDomicileMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberifrs-full:CountryOfDomicileMember2020-01-012020-12-310000313216ifrs-full:ContinuingOperationsMemberifrs-full:CountryOfDomicileMember2021-01-012021-12-310000313216ifrs-full:ContinuingOperationsMemberifrs-full:ForeignCountriesMember2019-01-012019-12-310000313216ifrs-full:ContinuingOperationsMemberifrs-full:ForeignCountriesMember2020-01-012020-12-310000313216ifrs-full:ContinuingOperationsMemberifrs-full:ForeignCountriesMember2021-01-012021-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2019-01-012019-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2020-01-012020-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2021-01-012021-12-310000313216ifrs-full:ComputerSoftwareMember2019-01-012019-12-310000313216ifrs-full:ComputerSoftwareMember2020-01-012020-12-310000313216ifrs-full:ComputerSoftwareMember2021-01-012021-12-310000313216ifrs-full:OtherIntangibleAssetsMember2019-01-012019-12-310000313216ifrs-full:OtherIntangibleAssetsMember2020-01-012020-12-310000313216ifrs-full:OtherIntangibleAssetsMember2021-01-012021-12-310000313216ifrs-full:CapitalisedDevelopmentExpenditureMember2019-01-012019-12-310000313216ifrs-full:CapitalisedDevelopmentExpenditureMember2020-01-012020-12-310000313216ifrs-full:CapitalisedDevelopmentExpenditureMember2021-01-012021-12-310000313216phg:EyNlMember2019-01-012019-12-310000313216phg:EyNetworkMember2019-01-012019-12-310000313216phg:EyNlMember2020-01-012020-12-310000313216phg:EyNetworkMember2020-01-012020-12-310000313216phg:EyNlMember2021-01-012021-12-310000313216phg:EyNetworkMember2021-01-012021-12-310000313216phg:EyNlMemberphg:ConsolidatedFinancialStatementsMember2019-01-012019-12-310000313216phg:EyNetworkMemberphg:ConsolidatedFinancialStatementsMember2019-01-012019-12-310000313216phg:ConsolidatedFinancialStatementsMember2019-01-012019-12-310000313216phg:EyNlMemberphg:ConsolidatedFinancialStatementsMember2020-01-012020-12-310000313216phg:EyNetworkMemberphg:ConsolidatedFinancialStatementsMember2020-01-012020-12-310000313216phg:ConsolidatedFinancialStatementsMember2020-01-012020-12-310000313216phg:EyNlMemberphg:ConsolidatedFinancialStatementsMember2021-01-012021-12-310000313216phg:EyNetworkMemberphg:ConsolidatedFinancialStatementsMember2021-01-012021-12-310000313216phg:ConsolidatedFinancialStatementsMember2021-01-012021-12-310000313216phg:StatutoryFinancialStatementMemberphg:EyNetworkMember2019-01-012019-12-310000313216phg:StatutoryFinancialStatementMember2019-01-012019-12-310000313216phg:StatutoryFinancialStatementMemberphg:EyNetworkMember2020-01-012020-12-310000313216phg:StatutoryFinancialStatementMember2020-01-012020-12-310000313216phg:StatutoryFinancialStatementMemberphg:EyNetworkMember2021-01-012021-12-310000313216phg:StatutoryFinancialStatementMember2021-01-012021-12-310000313216phg:EyNlMemberphg:DivestmentMember2020-01-012020-12-310000313216phg:EyNetworkMemberphg:DivestmentMember2020-01-012020-12-310000313216phg:DivestmentMember2020-01-012020-12-310000313216phg:SustainabilityAssuranceMemberphg:EyNlMember2019-01-012019-12-310000313216phg:SustainabilityAssuranceMember2019-01-012019-12-310000313216phg:SustainabilityAssuranceMemberphg:EyNlMember2020-01-012020-12-310000313216phg:SustainabilityAssuranceMember2020-01-012020-12-310000313216phg:SustainabilityAssuranceMemberphg:EyNlMember2021-01-012021-12-310000313216phg:SustainabilityAssuranceMember2021-01-012021-12-310000313216phg:EyNlMemberphg:OtherServicesMember2019-01-012019-12-310000313216phg:OtherServicesMemberphg:EyNetworkMember2019-01-012019-12-310000313216phg:OtherServicesMember2019-01-012019-12-310000313216phg:EyNlMemberphg:OtherServicesMember2020-01-012020-12-310000313216phg:OtherServicesMemberphg:EyNetworkMember2020-01-012020-12-310000313216phg:OtherServicesMember2020-01-012020-12-310000313216phg:EyNlMemberphg:OtherServicesMember2021-01-012021-12-310000313216phg:OtherServicesMemberphg:EyNetworkMember2021-01-012021-12-310000313216phg:OtherServicesMember2021-01-012021-12-3100003132162021-12-312021-12-310000313216ifrs-full:FinancialAssetsAtFairValueMember2020-01-012020-12-3100003132162018-01-012018-12-310000313216ifrs-full:IntangibleAssetsAndGoodwillMember2020-12-310000313216ifrs-full:IntangibleAssetsAndGoodwillMember2021-01-012021-12-310000313216ifrs-full:IntangibleAssetsAndGoodwillMember2021-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2020-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2021-01-012021-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2021-12-310000313216phg:InventoriesMember2020-12-310000313216phg:InventoriesMember2021-01-012021-12-310000313216phg:InventoriesMember2021-12-310000313216ifrs-full:OtherAssetsMember2020-12-310000313216ifrs-full:OtherAssetsMember2021-01-012021-12-310000313216ifrs-full:OtherAssetsMember2021-12-310000313216phg:PensionsAndOtherEmployeeBenefitsMember2020-12-310000313216phg:PensionsAndOtherEmployeeBenefitsMember2021-01-012021-12-310000313216phg:PensionsAndOtherEmployeeBenefitsMember2021-12-310000313216phg:OtherLiabilitiesMember2020-12-310000313216phg:OtherLiabilitiesMember2021-01-012021-12-310000313216phg:OtherLiabilitiesMember2021-12-310000313216phg:DeferredTaxAssetsOnTaxlossCarryforwardsMember2020-12-310000313216phg:DeferredTaxAssetsOnTaxlossCarryforwardsMember2021-01-012021-12-310000313216phg:DeferredTaxAssetsOnTaxlossCarryforwardsMember2021-12-310000313216phg:SetOffDefferedTaxPositionsMember2021-12-310000313216phg:NetDeferredTaxAssetsMember2020-12-310000313216phg:NetDeferredTaxAssetsMember2021-01-012021-12-310000313216phg:NetDeferredTaxAssetsMember2021-12-310000313216ifrs-full:IntangibleAssetsAndGoodwillMember2019-12-310000313216ifrs-full:IntangibleAssetsAndGoodwillMember2020-01-012020-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2019-12-310000313216ifrs-full:PropertyPlantAndEquipmentMember2020-01-012020-12-310000313216phg:InventoriesMember2019-12-310000313216phg:InventoriesMember2020-01-012020-12-310000313216ifrs-full:OtherAssetsMember2019-12-310000313216ifrs-full:OtherAssetsMember2020-01-012020-12-310000313216phg:PensionsAndOtherEmployeeBenefitsMember2019-12-310000313216phg:PensionsAndOtherEmployeeBenefitsMember2020-01-012020-12-310000313216phg:OtherLiabilitiesMember2019-12-310000313216phg:OtherLiabilitiesMember2020-01-012020-12-310000313216phg:DeferredTaxAssetsOnTaxlossCarryforwardsMember2019-12-310000313216phg:DeferredTaxAssetsOnTaxlossCarryforwardsMember2020-01-012020-12-310000313216phg:SetOffDefferedTaxPositionsMember2020-12-310000313216phg:NetDeferredTaxAssetsMember2019-12-310000313216phg:NetDeferredTaxAssetsMember2020-01-012020-12-310000313216ifrs-full:NotLaterThanOneYearMember2020-12-310000313216ifrs-full:NotLaterThanOneYearMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember2020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember2021-12-310000313216ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember2020-12-310000313216ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember2021-12-310000313216ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember2020-12-310000313216ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember2021-12-310000313216ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember2020-12-310000313216ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember2021-12-310000313216ifrs-full:LaterThanFiveYearsMember2020-12-310000313216ifrs-full:LaterThanFiveYearsMember2021-12-310000313216phg:UnlimitedMember2020-12-310000313216phg:UnlimitedMember2021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2020-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:MachineryMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2020-12-310000313216ifrs-full:MachineryMemberifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:OtherEquipmentMemberphg:OwnedMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2020-12-310000313216ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2020-12-310000313216ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:OwnedMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OwnedMember2020-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:MachineryMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OwnedMember2020-12-310000313216ifrs-full:MachineryMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OtherEquipmentMemberphg:OwnedMember2020-12-310000313216ifrs-full:OfficeEquipmentMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAndAmortisationMemberphg:OwnedMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:LandAndBuildingsMemberphg:Ifrs16Member2020-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:MachineryMemberphg:Ifrs16Memberphg:OwnedMember2020-12-310000313216ifrs-full:MachineryMemberifrs-full:RightofuseAssetsMember2020-12-310000313216phg:Ifrs16Member2020-12-310000313216ifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2020-12-310000313216ifrs-full:ConstructionInProgressMemberphg:OwnedMember2020-12-310000313216ifrs-full:ConstructionInProgressMemberifrs-full:RightofuseAssetsMember2020-12-310000313216phg:Ifrs16Memberphg:OwnedMember2020-12-310000313216ifrs-full:RightofuseAssetsMember2020-12-310000313216ifrs-full:LandAndBuildingsMemberphg:OwnedMember2021-01-012021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:RightofuseAssetsMember2021-01-012021-12-310000313216ifrs-full:MachineryMemberphg:OwnedMember2021-01-012021-12-310000313216ifrs-full:MachineryMemberifrs-full:RightofuseAssetsMember2021-01-012021-12-310000313216phg:OtherEquipmentMemberphg:OwnedMember2021-01-012021-12-310000313216ifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2021-01-012021-12-310000313216ifrs-full:ConstructionInProgressMemberphg:OwnedMember2021-01-012021-12-310000313216phg:OwnedMember2021-01-012021-12-310000313216ifrs-full:RightofuseAssetsMember2021-01-012021-12-310000313216ifrs-full:ConstructionInProgressMemberifrs-full:RightofuseAssetsMember2021-01-012021-12-310000313216ifrs-full:MachineryMember2021-01-012021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:MachineryMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2021-12-310000313216ifrs-full:MachineryMemberifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:OtherEquipmentMemberphg:OwnedMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2021-12-310000313216ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:OwnedMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OwnedMember2021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:MachineryMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OwnedMember2021-12-310000313216ifrs-full:MachineryMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OtherEquipmentMemberphg:OwnedMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OwnedMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:LandAndBuildingsMemberphg:OwnedMember2021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:MachineryMemberphg:OwnedMember2021-12-310000313216ifrs-full:MachineryMemberifrs-full:RightofuseAssetsMember2021-12-310000313216phg:OtherEquipmentMemberphg:OwnedMember2021-12-310000313216ifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2021-12-310000313216ifrs-full:ConstructionInProgressMemberphg:OwnedMember2021-12-310000313216phg:OwnedMember2021-12-310000313216ifrs-full:RightofuseAssetsMember2021-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2019-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:MachineryMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2019-12-310000313216ifrs-full:MachineryMemberifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:OtherEquipmentMemberphg:OwnedMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2019-12-310000313216ifrs-full:ConstructionInProgressMemberifrs-full:GrossCarryingAmountMemberphg:OwnedMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:OtherEquipmentMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:OwnedMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberphg:OwnedMember2019-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:MachineryMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OwnedMember2019-12-310000313216ifrs-full:MachineryMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OtherEquipmentMemberphg:OwnedMember2019-12-310000313216ifrs-full:OfficeEquipmentMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAndAmortisationMemberphg:OwnedMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:LandAndBuildingsMemberphg:Ifrs16Memberphg:OwnedMember2019-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:MachineryMemberphg:Ifrs16Memberphg:OwnedMember2019-12-310000313216ifrs-full:MachineryMemberifrs-full:RightofuseAssetsMember2019-12-310000313216phg:Ifrs16Memberphg:OtherEquipmentMemberphg:OwnedMember2019-12-310000313216ifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2019-12-310000313216ifrs-full:ConstructionInProgressMemberphg:OwnedMember2019-12-310000313216phg:OtherEquipmentMember2019-12-310000313216phg:OwnedMember2019-12-310000313216ifrs-full:RightofuseAssetsMember2019-12-310000313216ifrs-full:LandAndBuildingsMemberphg:OwnedMember2020-01-012020-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:RightofuseAssetsMember2020-01-012020-12-310000313216ifrs-full:MachineryMemberphg:OwnedMember2020-01-012020-12-310000313216ifrs-full:MachineryMemberifrs-full:RightofuseAssetsMember2020-01-012020-12-310000313216phg:OtherEquipmentMemberphg:OwnedMember2020-01-012020-12-310000313216ifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2020-01-012020-12-310000313216ifrs-full:ConstructionInProgressMemberphg:OwnedMember2020-01-012020-12-310000313216ifrs-full:ConstructionInProgressMemberifrs-full:RightofuseAssetsMember2020-01-012020-12-310000313216phg:OwnedMember2020-01-012020-12-310000313216ifrs-full:RightofuseAssetsMember2020-01-012020-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:GrossCarryingAmountMember2020-12-310000313216ifrs-full:GrossCarryingAmountMember2020-12-310000313216ifrs-full:LandAndBuildingsMemberifrs-full:AccumulatedDepreciationAndAmortisationMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:RightofuseAssetsMemberphg:OtherEquipmentMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:OwnedMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAndAmortisationMember2020-12-310000313216ifrs-full:LandAndBuildingsMember2020-12-310000313216ifrs-full:MachineryMemberphg:OwnedMember2020-12-310000313216phg:OtherEquipmentMemberphg:OwnedMember2020-12-310000313216phg:OwnedMember2020-12-310000313216ifrs-full:BuildingsMemberifrs-full:BottomOfRangeMember2020-01-012020-12-310000313216ifrs-full:BuildingsMemberifrs-full:TopOfRangeMember2020-01-012020-12-310000313216ifrs-full:MachineryMemberifrs-full:BottomOfRangeMember2020-01-012020-12-310000313216ifrs-full:MachineryMemberifrs-full:TopOfRangeMember2020-01-012020-12-310000313216ifrs-full:OtherPropertyPlantAndEquipmentMemberifrs-full:BottomOfRangeMember2020-01-012020-12-310000313216ifrs-full:OtherPropertyPlantAndEquipmentMemberifrs-full:TopOfRangeMember2020-01-012020-12-310000313216ifrs-full:GoodwillMember2021-01-012021-12-310000313216ifrs-full:GoodwillMember2021-12-312021-12-310000313216ifrs-full:GoodwillMember2020-01-312020-12-310000313216ifrs-full:GoodwillMemberphg:PopulationHealthManagementMember2020-01-012020-12-310000313216phg:IntactVascularMember2020-12-310000313216phg:PersonalEmergencyResponseAndSeniorLivingMember2021-01-012021-12-310000313216phg:PopulationHealthManagementMember2020-12-310000313216phg:PopulationHealthManagementMember2020-01-012020-12-310000313216phg:AgingCaregivingMember2019-12-310000313216ifrs-full:IndividualAssetsOrCashgeneratingUnitsMemberphg:AgingCaregivingMember2020-12-310000313216ifrs-full:IndividualAssetsOrCashgeneratingUnitsMemberphg:AgingCaregivingMember2020-01-012020-12-310000313216phg:SleepRespiratoryCareMember2021-01-012021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:GoodwillMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:GoodwillMember2020-12-310000313216ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2019-12-310000313216ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2020-12-310000313216ifrs-full:GoodwillMember2019-12-310000313216ifrs-full:GoodwillMember2020-12-310000313216ifrs-full:GoodwillMember2020-01-012020-12-310000313216ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2020-01-012020-12-310000313216ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2021-01-012021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:GoodwillMember2021-12-310000313216ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2021-12-310000313216ifrs-full:GoodwillMember2021-12-310000313216phg:AmbulatoryMonitoringDiagnosticsMember2021-12-310000313216phg:HospitalPatientMonitoringMember2020-12-310000313216phg:HospitalPatientMonitoringMember2021-12-310000313216phg:ImageGuidedTherapyMember2020-12-310000313216phg:ImageGuidedTherapyMember2021-12-310000313216phg:SleepRespiratoryCareMember2020-12-310000313216phg:SleepRespiratoryCareMember2021-12-310000313216phg:OtherUnitsCarryingNonSignificantGoodwillBalanceMember2020-12-310000313216phg:OtherUnitsCarryingNonSignificantGoodwillBalanceMember2021-12-310000313216ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesMemberifrs-full:GoodwillMember2020-12-310000313216ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesMemberifrs-full:GoodwillMember2021-12-310000313216ifrs-full:GoodwillMemberphg:AmbulatoryMonitoringDiagnosticsMember2021-12-310000313216ifrs-full:GoodwillMemberphg:HospitalPatientMonitoringMember2020-12-310000313216ifrs-full:GoodwillMemberphg:ImageGuidedTherapyMember2020-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMember2021-01-012021-12-310000313216phg:ProductDevelopmentMember2021-01-012021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2021-01-012021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberphg:DiagnosisTreatmentMember2021-12-310000313216phg:ConnectedCareMemberphg:ProductDevelopmentMember2021-01-012021-12-310000313216phg:BrandNamesCustomerRelationshipsTechnologyAndOtherIntangibleAssetsMember2021-01-012021-12-310000313216phg:BrandNamesCustomerRelationshipsTechnologyAndOtherIntangibleAssetsMember2020-01-012020-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberphg:BiotelemetryMember2021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberphg:BiotelemetryMember2021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberphg:BiotelemetryMember2021-01-012021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberphg:BiotelemetryMember2021-01-012021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2021-01-012021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2020-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2020-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2020-01-012020-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberphg:ImageGuidedTherapyBusinessGroupMember2020-01-012020-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:CustomerrelatedIntangibleAssetsMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:TechnologybasedIntangibleAssetsMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:ProductDevelopmentMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:ProductDevelopmentConstructionInProgressMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2020-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:CustomerrelatedIntangibleAssetsMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:TechnologybasedIntangibleAssetsMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:ProductDevelopmentMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:ProductDevelopmentConstructionInProgressMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2020-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2020-12-310000313216ifrs-full:BrandNamesMember2020-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMember2020-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMember2020-12-310000313216phg:ProductDevelopmentMember2020-12-310000313216phg:ProductDevelopmentConstructionInProgressMember2020-12-310000313216ifrs-full:ComputerSoftwareMember2020-12-310000313216ifrs-full:OtherIntangibleAssetsMember2020-12-310000313216phg:ProductDevelopmentConstructionInProgressMember2021-01-012021-12-310000313216ifrs-full:ComputerSoftwareMember2021-01-012021-12-310000313216ifrs-full:OtherIntangibleAssetsMember2021-01-012021-12-310000313216ifrs-full:BrandNamesMember2021-01-012021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMember2021-01-012021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:CustomerrelatedIntangibleAssetsMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:TechnologybasedIntangibleAssetsMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:ProductDevelopmentMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:ProductDevelopmentConstructionInProgressMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2021-12-310000313216ifrs-full:GrossCarryingAmountMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:CustomerrelatedIntangibleAssetsMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:TechnologybasedIntangibleAssetsMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:ProductDevelopmentMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:ProductDevelopmentConstructionInProgressMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2021-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-12-310000313216ifrs-full:BrandNamesMember2021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMember2021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMember2021-12-310000313216phg:ProductDevelopmentMember2021-12-310000313216phg:ProductDevelopmentConstructionInProgressMember2021-12-310000313216ifrs-full:ComputerSoftwareMember2021-12-310000313216ifrs-full:OtherIntangibleAssetsMember2021-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:BrandNamesMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:CustomerrelatedIntangibleAssetsMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:TechnologybasedIntangibleAssetsMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:ProductDevelopmentMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberphg:ProductDevelopmentConstructionInProgressMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2019-12-310000313216ifrs-full:GrossCarryingAmountMemberifrs-full:OtherIntangibleAssetsMember2019-12-310000313216ifrs-full:GrossCarryingAmountMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:BrandNamesMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:CustomerrelatedIntangibleAssetsMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:TechnologybasedIntangibleAssetsMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:ProductDevelopmentMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberphg:ProductDevelopmentConstructionInProgressMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:ComputerSoftwareMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMemberifrs-full:OtherIntangibleAssetsMember2019-12-310000313216ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2019-12-310000313216ifrs-full:BrandNamesMember2019-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMember2019-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMember2019-12-310000313216phg:ProductDevelopmentMember2019-12-310000313216phg:ProductDevelopmentConstructionInProgressMember2019-12-310000313216ifrs-full:ComputerSoftwareMember2019-12-310000313216ifrs-full:OtherIntangibleAssetsMember2019-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMember2020-01-012020-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMember2020-01-012020-12-310000313216phg:ProductDevelopmentMember2020-01-012020-12-310000313216phg:ProductDevelopmentConstructionInProgressMember2020-01-012020-12-310000313216ifrs-full:ComputerSoftwareMember2020-01-012020-12-310000313216ifrs-full:OtherIntangibleAssetsMember2020-01-012020-12-310000313216ifrs-full:BrandNamesMember2020-01-012020-12-310000313216ifrs-full:BrandNamesMemberifrs-full:BottomOfRangeMember2021-01-012021-12-310000313216ifrs-full:BrandNamesMemberifrs-full:TopOfRangeMember2021-01-012021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberifrs-full:BottomOfRangeMember2021-01-012021-12-310000313216ifrs-full:CustomerrelatedIntangibleAssetsMemberifrs-full:TopOfRangeMember2021-01-012021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberifrs-full:BottomOfRangeMember2021-01-012021-12-310000313216ifrs-full:TechnologybasedIntangibleAssetsMemberifrs-full:TopOfRangeMember2021-01-012021-12-310000313216ifrs-full:OtherIntangibleAssetsMemberifrs-full:BottomOfRangeMember2021-01-012021-12-310000313216ifrs-full:OtherIntangibleAssetsMemberifrs-full:TopOfRangeMember2021-01-012021-12-310000313216ifrs-full:ComputerSoftwareMemberifrs-full:BottomOfRangeMember2021-01-012021-12-310000313216ifrs-full:ComputerSoftwareMemberifrs-full:TopOfRangeMember2021-01-012021-12-310000313216ifrs-full:BottomOfRangeMemberphg:ProductDevelopmentMember2021-01-012021-12-310000313216ifrs-full:TopOfRangeMemberphg:ProductDevelopmentMember2021-01-012021-12-310000313216ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2021-01-012021-12-310000313216ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember2021-01-012021-12-310000313216ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2021-01-012021-12-310000313216ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2020-01-012020-12-310000313216ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember2020-01-012020-12-310000313216ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2020-01-012020-12-310000313216phg:NonCurrentAssetsMember2021-12-310000313216phg:NonCurrentAssetsMember2020-12-310000313216phg:CurrentAssetsMember2021-12-310000313216phg:CurrentAssetsMember2020-12-310000313216phg:DiagnosisTreatmentMember2021-12-310000313216phg:DiagnosisTreatmentMember2020-12-310000313216phg:OtherUsMember2021-12-310000313216phg:OtherUsMember2020-12-3100003132162020-12-300000313216ifrs-full:AssociatesMember2021-12-310000313216ifrs-full:AssociatesMember2020-12-310000313216ifrs-full:FinancialAssetsIndividuallyAssessedForCreditLossesMember2021-12-310000313216ifrs-full:FinancialAssetsIndividuallyAssessedForCreditLossesMember2020-12-310000313216phg:ConnectedCareMember2020-12-310000313216phg:ConnectedCareMember2021-12-310000313216phg:PersonalHealthMember2020-12-310000313216phg:PersonalHealthMember2021-12-310000313216phg:OtherSegmentsMember2020-12-310000313216phg:OtherSegmentsMember2021-12-310000313216ifrs-full:CurrentMember2020-12-310000313216ifrs-full:CurrentMember2021-12-310000313216ifrs-full:NotLaterThanOneMonthMember2020-12-310000313216ifrs-full:NotLaterThanOneMonthMember2021-12-310000313216ifrs-full:LaterThanOneMonthAndNotLaterThanSixMonthsMember2020-12-310000313216ifrs-full:LaterThanOneMonthAndNotLaterThanSixMonthsMember2021-12-310000313216ifrs-full:LaterThanSixMonthsMember2020-12-310000313216ifrs-full:LaterThanSixMonthsMember2021-12-310000313216phg:DoubtfulAccountsReceivableMember2019-12-310000313216phg:DoubtfulAccountsReceivableMember2020-12-310000313216phg:DoubtfulAccountsReceivableMember2020-01-012020-12-310000313216phg:DoubtfulAccountsReceivableMember2021-01-012021-12-310000313216ifrs-full:OtherAssetsMemberphg:DoubtfulAccountsReceivableMember2021-01-012021-12-310000313216phg:DoubtfulAccountsReceivableMember2021-12-310000313216ifrs-full:OrdinarySharesMember2021-12-310000313216ifrs-full:OrdinarySharesMember2020-12-310000313216ifrs-full:OrdinarySharesMember2019-12-310000313216ifrs-full:TreasurySharesMembercurrency:EUR2021-01-012021-12-310000313216phg:ShareRepurchaseLti2021Member2021-12-310000313216phg:PurchaseForwardContractsMember2021-11-230000313216phg:ShareRepurchaseLti2020Member2020-12-310000313216phg:PurchaseForwardContractsMember2020-12-310000313216phg:ShareRepurchaseProgramMember2021-12-310000313216phg:ShareRepurchaseProgramMember2018-01-012018-12-310000313216phg:PurchaseForwardContractsMember2020-11-120000313216phg:ShareRepurchaseProgramMember2018-11-1200003132162018-11-120000313216phg:ShareRepurchaseLtiMember2021-12-310000313216phg:ShareRepurchaseLti2021Member2019-12-310000313216phg:ShareRepurchaseLti2021Member2020-12-310000313216phg:ShareRepurchaseLti2021Member2021-11-190000313216phg:ShareRepurchaseLtiMember2021-01-012021-12-310000313216phg:ShareRepurchaseLti2021Member2019-01-012019-12-310000313216phg:ShareRepurchaseLti2021Member2020-01-012020-12-310000313216phg:ShareRepurchaseLti2021Member2021-01-012021-12-310000313216phg:PerformanceSharePlansMemberphg:ShareRepurchaseLti2021Member2020-12-310000313216phg:PurchaseForwardContractsMember2021-12-310000313216phg:ShareRepurchaseProgramMember2021-01-012021-12-310000313216phg:ForwardShareRepurchaseContractsMember2021-09-300000313216phg:ShareRepurchaseProgramMember2021-10-012021-12-310000313216phg:ShareRepurchaseProgramMember2022-01-012022-01-310000313216phg:ShareRepurchaseProgram2019Member2019-01-012019-12-310000313216phg:ShareRepurchaseProgram2019Member2020-01-012020-12-310000313216phg:ForwardShareRepurchaseContractsMember2020-01-012020-06-300000313216phg:ForwardShareRepurchaseContractsMember2020-06-300000313216phg:ShareRepurchaseProgramMember2021-06-300000313216phg:ShareRepurchaseProgramMember2021-09-300000313216phg:ShareRepurchaseProgramMember2021-12-200000313216currency:EUR2021-12-310000313216currency:USD2021-12-310000313216ifrs-full:PurchasedCallOptionsMember2021-01-012021-12-310000313216phg:ShareBuybackProgramMember2019-01-290000313216phg:ShareBuybackProgramMember2021-07-260000313216currency:EUR2019-01-012019-12-310000313216ifrs-full:BottomOfRangeMemberphg:DividendDistributionMember2021-01-012021-12-310000313216ifrs-full:TopOfRangeMemberphg:DividendDistributionMember2021-01-012021-12-310000313216ifrs-full:OrdinarySharesMember2018-12-310000313216ifrs-full:OrdinarySharesMember2019-12-310000313216ifrs-full:OrdinarySharesMember2020-12-310000313216ifrs-full:OrdinarySharesMember2019-01-012019-12-310000313216ifrs-full:OrdinarySharesMember2020-01-012020-12-310000313216ifrs-full:OrdinarySharesMember2021-01-012021-12-310000313216ifrs-full:OrdinarySharesMember2021-12-310000313216phg:TreasurySharesForShareBasedPaymentsMember2019-01-012019-12-310000313216phg:TreasurySharesForShareBasedPaymentsMember2020-01-012020-12-310000313216phg:TreasurySharesForShareBasedPaymentsMember2021-01-012021-12-310000313216phg:TreasurySharesForShareBasedPaymentsMember2019-12-310000313216phg:TreasurySharesForShareBasedPaymentsMember2020-12-310000313216phg:TreasurySharesForShareBasedPaymentsMember2021-12-310000313216phg:TreasurySharesTransactionsMember2019-01-012019-12-310000313216phg:TreasurySharesTransactionsMember2020-01-012020-12-310000313216phg:TreasurySharesTransactionsMember2021-01-012021-12-310000313216phg:TreasurySharesTransactionsMember2019-12-310000313216phg:TreasurySharesTransactionsMember2021-12-310000313216phg:CommercialPaperProgrammeMember2021-12-310000313216phg:CommittedRevolvingCreditFacilityMember2021-12-310000313216phg:CommercialPaperProgrammeMember2021-05-310000313216phg:CommercialPaperProgrammeMember2021-07-310000313216phg:BilateralLoansTotalMember2021-02-280000313216phg:BilateralLoansSingleMember2021-02-280000313216ifrs-full:ForwardContractMemberphg:ShareBuybackProgramMember2021-12-310000313216ifrs-full:ForwardContractMemberphg:MaturedMember2021-12-310000313216ifrs-full:ForwardContractMemberphg:PurchaseForwardContractsMemberphg:ShareRepurchaseLti2021Member2021-05-190000313216ifrs-full:ForwardContractMemberphg:PurchaseForwardContractsMember2021-12-310000313216phg:UnsecuredEurBondsDue30032025138Member2020-12-310000313216phg:UnsecuredEurBondsDue300320302Member2020-12-310000313216ifrs-full:ForwardContractMemberphg:MaturedMember2020-12-310000313216ifrs-full:ForwardContractMemberphg:ShareRepurchaseLti2020Memberphg:PurchaseForwardContractsMember2020-12-310000313216ifrs-full:ForwardContractMemberphg:PurchaseForwardContractsMember2020-12-310000313216ifrs-full:WeightedAverageMemberphg:BankBorrowingsMember2021-12-310000313216ifrs-full:WeightedAverageMemberphg:BankBorrowingsMember2020-12-310000313216currency:USDphg:BondsMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMembercurrency:USDphg:BondsMember2021-12-310000313216ifrs-full:LaterThanFiveYearsMembercurrency:USDphg:BondsMember2021-12-310000313216ifrs-full:WeightedAverageMembercurrency:USDphg:BondsMember2021-01-012021-12-310000313216ifrs-full:WeightedAverageMembercurrency:USDphg:BondsMember2021-12-310000313216currency:EURphg:BondsMember2021-12-310000313216ifrs-full:LaterThanOneYearMembercurrency:EURphg:BondsMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMembercurrency:EURphg:BondsMember2021-12-310000313216ifrs-full:LaterThanFiveYearsMembercurrency:EURphg:BondsMember2021-12-310000313216ifrs-full:WeightedAverageMembercurrency:EURphg:BondsMember2021-01-012021-12-310000313216ifrs-full:WeightedAverageMembercurrency:EURphg:BondsMember2021-12-310000313216ifrs-full:ForwardContractMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:ForwardContractMember2021-12-310000313216ifrs-full:WeightedAverageMemberifrs-full:ForwardContractMember2021-01-012021-12-310000313216ifrs-full:LeaseLiabilitiesMember2021-12-310000313216ifrs-full:LaterThanOneYearMemberifrs-full:LeaseLiabilitiesMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:LeaseLiabilitiesMember2021-12-310000313216ifrs-full:LaterThanFiveYearsMemberifrs-full:LeaseLiabilitiesMember2021-12-310000313216ifrs-full:WeightedAverageMemberifrs-full:LeaseLiabilitiesMember2021-01-012021-12-310000313216ifrs-full:WeightedAverageMemberifrs-full:LeaseLiabilitiesMember2021-12-310000313216phg:BankBorrowingsMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberphg:BankBorrowingsMember2021-12-310000313216ifrs-full:WeightedAverageMemberphg:BankBorrowingsMember2021-01-012021-12-310000313216ifrs-full:WeightedAverageMemberphg:BankBorrowingsMember2021-12-310000313216phg:OtherLongTermDebtMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberphg:OtherLongTermDebtMember2021-12-310000313216ifrs-full:LaterThanFiveYearsMemberphg:OtherLongTermDebtMember2021-12-310000313216ifrs-full:WeightedAverageMemberphg:OtherLongTermDebtMember2021-01-012021-12-310000313216ifrs-full:WeightedAverageMemberphg:OtherLongTermDebtMember2021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310000313216ifrs-full:WeightedAverageMember2021-01-012021-12-310000313216ifrs-full:WeightedAverageMember2021-12-310000313216currency:USDphg:BondsMember2020-12-310000313216ifrs-full:LaterThanOneYearMembercurrency:USDphg:BondsMember2020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMembercurrency:USDphg:BondsMember2020-12-310000313216ifrs-full:LaterThanFiveYearsMembercurrency:USDphg:BondsMember2020-12-310000313216ifrs-full:WeightedAverageMembercurrency:USDphg:BondsMember2020-01-012020-12-310000313216ifrs-full:WeightedAverageMembercurrency:USDphg:BondsMember2020-12-310000313216currency:EURphg:BondsMember2020-12-310000313216ifrs-full:LaterThanOneYearMembercurrency:EURphg:BondsMember2020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMembercurrency:EURphg:BondsMember2020-12-310000313216ifrs-full:LaterThanFiveYearsMembercurrency:EURphg:BondsMember2020-12-310000313216ifrs-full:WeightedAverageMembercurrency:EURphg:BondsMember2020-01-012020-12-310000313216ifrs-full:WeightedAverageMembercurrency:EURphg:BondsMember2020-12-310000313216ifrs-full:ForwardContractMember2020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:ForwardContractMember2020-12-310000313216ifrs-full:WeightedAverageMemberifrs-full:ForwardContractMember2020-01-012020-12-310000313216ifrs-full:LeaseLiabilitiesMember2020-12-310000313216ifrs-full:LaterThanOneYearMemberifrs-full:LeaseLiabilitiesMember2020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:LeaseLiabilitiesMember2020-12-310000313216ifrs-full:LaterThanFiveYearsMemberifrs-full:LeaseLiabilitiesMember2020-12-310000313216ifrs-full:WeightedAverageMemberifrs-full:LeaseLiabilitiesMember2020-01-012020-12-310000313216ifrs-full:WeightedAverageMemberifrs-full:LeaseLiabilitiesMember2020-12-310000313216phg:BankBorrowingsMember2020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberphg:BankBorrowingsMember2020-12-310000313216ifrs-full:LaterThanFiveYearsMemberphg:BankBorrowingsMember2020-12-310000313216ifrs-full:WeightedAverageMemberphg:BankBorrowingsMember2020-01-012020-12-310000313216ifrs-full:WeightedAverageMemberphg:BankBorrowingsMember2020-12-310000313216phg:OtherLongTermDebtMember2020-12-310000313216ifrs-full:WeightedAverageMemberphg:OtherLongTermDebtMember2020-01-012020-12-310000313216ifrs-full:WeightedAverageMemberphg:OtherLongTermDebtMember2020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2020-12-310000313216ifrs-full:WeightedAverageMember2020-01-012020-12-310000313216ifrs-full:WeightedAverageMember2020-12-310000313216currency:EURphg:UnsecuredEurBondsDue0906202312PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue0906202312PercentMember2020-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue0906202312PercentMember2021-12-310000313216currency:EURphg:UnsecuredEurBondsDue0502202434PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue0502202434PercentMember2020-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue0502202434PercentMember2021-12-310000313216currency:EURphg:UnsecuredEurBondsDue2205202612PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue2205202612PercentMember2020-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue2205202612PercentMember2021-12-310000313216currency:EURphg:UnsecuredEurBondsDue05022028138PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:EURphg:UnsecuredEurBondsDue05022028138PercentMemberphg:UnsecuredBondsMember2020-12-310000313216currency:EURphg:UnsecuredEurBondsDue05022028138PercentMemberphg:UnsecuredBondsMember2021-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue30032025138Memberphg:EffectiveInterestRateMember2021-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue30032025138Member2020-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue30032025138Member2021-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:EffectiveInterestRateMemberphg:UnsecuredEurBondsDue300320302Member2021-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue300320302Member2020-12-310000313216currency:EURphg:UnsecuredBondsMemberphg:UnsecuredEurBondsDue300320302Member2021-12-310000313216currency:USDphg:UnsecuredUsdBondsDue05152025734PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue05152025734PercentMember2020-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue05152025734PercentMember2021-12-310000313216currency:USDphg:UnsecuredUsdBondsDue06012026715PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue06012026715PercentMember2020-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue06012026715PercentMember2021-12-310000313216currency:USDphg:UnsecuredUsdBondsDue05152025718PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue05152025718PercentMember2020-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue05152025718PercentMember2021-12-310000313216currency:USDphg:UnsecuredUsdBondsDue11032038678PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue11032038678PercentMember2020-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue11032038678PercentMember2021-12-310000313216currency:USDphg:UnsecuredUsdBondsDue031520425PercentMemberphg:EffectiveInterestRateMemberifrs-full:LongtermBorrowingsMember2021-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue031520425PercentMember2020-12-310000313216currency:USDphg:UnsecuredBondsMemberphg:UnsecuredUsdBondsDue031520425PercentMember2021-12-310000313216currency:USDphg:UnsecuredBondsMember2020-12-310000313216currency:USDphg:UnsecuredBondsMember2021-12-310000313216phg:UnsecuredBondsMember2020-12-310000313216phg:UnsecuredBondsMember2021-12-310000313216ifrs-full:NotLaterThanOneYearMemberifrs-full:LeaseLiabilitiesMember2020-12-310000313216ifrs-full:NotLaterThanOneYearMemberifrs-full:LeaseLiabilitiesMember2021-12-310000313216phg:RespironicsFieldActionMember2021-01-012021-12-310000313216ifrs-full:WarrantyProvisionMemberphg:ConnectedCareMember2021-01-012021-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:OtherEnvironmentRelatedProvisionMember2021-01-012021-12-310000313216ifrs-full:BottomOfRangeMemberphg:OtherEnvironmentRelatedProvisionLongTermMember2020-01-012020-12-310000313216ifrs-full:TopOfRangeMemberphg:OtherEnvironmentRelatedProvisionLongTermMember2020-01-012020-12-310000313216phg:OtherEnvironmentRelatedProvisionRemainderMember2020-01-012020-12-310000313216ifrs-full:PreviouslyStatedMember2021-01-012021-12-310000313216ifrs-full:IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMemberifrs-full:OtherEnvironmentRelatedProvisionMember2021-01-012021-12-310000313216ifrs-full:IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMemberifrs-full:OtherEnvironmentRelatedProvisionMemberifrs-full:ContinuingOperationsMember2021-01-012021-12-310000313216ifrs-full:IncreaseDecreaseDueToVoluntaryChangesInAccountingPolicyMemberifrs-full:OtherEnvironmentRelatedProvisionMemberifrs-full:DiscontinuedOperationsMember2021-01-012021-12-310000313216ifrs-full:LegalProceedingsProvisionMemberphg:NotLaterThanThreeYearsMember2020-01-012020-12-310000313216phg:ProvisionsForContingentConsiderationsMemberphg:EpdSolutionsLtdMember2021-01-012021-12-310000313216phg:ProvisionsForContingentConsiderationsMemberphg:EpdSolutionsLtdMemberphg:ForecastsRevisionMember2021-01-012021-12-310000313216phg:ProvisionsForContingentConsiderationsMemberphg:EpdSolutionsLtdMemberphg:MilestoneMember2021-01-012021-12-310000313216phg:ProvisionsForContingentConsiderationsMemberphg:NotLaterThanThreeYearsMember2020-01-012020-12-310000313216ifrs-full:ProvisionForTaxesOtherThanIncomeTaxMember2021-12-310000313216ifrs-full:ProvisionForTaxesOtherThanIncomeTaxMember2020-12-310000313216ifrs-full:OnerousContractsProvisionMember2021-12-310000313216ifrs-full:OnerousContractsProvisionMember2020-12-310000313216phg:ProvisionsForEmployeeJubileeFundsMember2021-12-310000313216phg:ProvisionsForEmployeeJubileeFundsMember2020-12-310000313216phg:SelfInsuranceProvisionsMember2021-12-310000313216phg:SelfInsuranceProvisionsMember2020-12-310000313216ifrs-full:ProvisionForDecommissioningRestorationAndRehabilitationCostsMember2021-12-310000313216ifrs-full:ProvisionForDecommissioningRestorationAndRehabilitationCostsMember2020-12-310000313216phg:ProvisionsForRightsOfReturnMember2021-12-310000313216phg:ProvisionsForRightsOfReturnMember2020-12-310000313216phg:NotLaterThanFiveYearsMember2020-01-012020-12-310000313216ifrs-full:LaterThanFiveYearsMemberphg:ProvisionsForEmployeeJubileeFundsMember2020-01-012020-12-310000313216ifrs-full:LaterThanFiveYearsMemberifrs-full:ProvisionForDecommissioningRestorationAndRehabilitationCostsMember2020-01-012020-12-310000313216ifrs-full:NotLaterThanOneYearMemberphg:ProvisionsForRightsOfReturnMember2020-01-012020-12-310000313216phg:PostEmployementBenefitMember2020-12-310000313216phg:PostEmployementBenefitMember2021-12-310000313216phg:RespironicsFieldActionMember2021-12-310000313216ifrs-full:WarrantyProvisionMember2020-12-310000313216ifrs-full:WarrantyProvisionMember2021-12-310000313216ifrs-full:OtherEnvironmentRelatedProvisionMember2020-12-310000313216ifrs-full:OtherEnvironmentRelatedProvisionMember2021-12-310000313216ifrs-full:RestructuringProvisionMember2020-12-310000313216ifrs-full:RestructuringProvisionMember2021-12-310000313216ifrs-full:LegalProceedingsProvisionMember2020-12-310000313216ifrs-full:LegalProceedingsProvisionMember2021-12-310000313216phg:ProvisionsForContingentConsiderationsMember2020-12-310000313216phg:ProvisionsForContingentConsiderationsMember2021-12-310000313216ifrs-full:MiscellaneousOtherProvisionsMember2020-12-310000313216ifrs-full:MiscellaneousOtherProvisionsMember2021-12-310000313216phg:RespironicsFieldActionMemberphg:TotalNumberOfDevicesMember2021-01-012021-12-310000313216phg:RespironicsFieldActionMemberphg:TenPercentagePointIncreaseMemberphg:TotalNumberOfDevicesMember2021-01-012021-12-310000313216phg:RespironicsFieldActionMemberphg:TenPercentagePointDecreaseMemberphg:TotalNumberOfDevicesMember2021-01-012021-12-310000313216phg:RespironicsFieldActionMemberphg:ReplacementShareMember2021-01-012021-12-310000313216phg:RespironicsFieldActionMemberphg:TenPercentagePointIncreaseMemberphg:ReplacementShareMember2021-01-012021-12-310000313216phg:RespironicsFieldActionMemberphg:TenPercentagePointDecreaseMemberphg:ReplacementShareMember2021-01-012021-12-310000313216ifrs-full:WarrantyProvisionMember2019-12-310000313216ifrs-full:WarrantyProvisionMember2020-01-012020-12-310000313216ifrs-full:WarrantyProvisionMember2021-01-012021-12-310000313216ifrs-full:OtherEnvironmentRelatedProvisionMember2019-12-310000313216ifrs-full:OtherEnvironmentRelatedProvisionMember2020-01-012020-12-310000313216ifrs-full:OtherEnvironmentRelatedProvisionMember2021-01-012021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:DiagnosisTreatmentMember2020-12-310000313216ifrs-full:RestructuringProvisionMemberphg:DiagnosisTreatmentMember2021-01-012021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:DiagnosisTreatmentMember2021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:ConnectedCareMember2020-12-310000313216ifrs-full:RestructuringProvisionMemberphg:ConnectedCareMember2021-01-012021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:ConnectedCareMember2021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:PersonalHealthMember2020-12-310000313216ifrs-full:RestructuringProvisionMemberphg:PersonalHealthMember2021-01-012021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:PersonalHealthMember2021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:OtherMember2020-12-310000313216ifrs-full:RestructuringProvisionMemberphg:OtherMember2021-01-012021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:OtherMember2021-12-310000313216ifrs-full:RestructuringProvisionMember2021-01-012021-12-310000313216ifrs-full:RestructuringProvisionMemberphg:DiagnosisTreatmentMember2019-12-310000313216ifrs-full:RestructuringProvisionMemberphg:DiagnosisTreatmentMember2020-01-012020-12-310000313216ifrs-full:RestructuringProvisionMemberphg:ConnectedCareMember2019-12-310000313216ifrs-full:RestructuringProvisionMemberphg:ConnectedCareMember2020-01-012020-12-310000313216ifrs-full:RestructuringProvisionMemberphg:PersonalHealthMember2019-12-310000313216ifrs-full:RestructuringProvisionMemberphg:PersonalHealthMember2020-01-012020-12-310000313216ifrs-full:RestructuringProvisionMemberphg:OtherMember2019-12-310000313216ifrs-full:RestructuringProvisionMemberphg:OtherMember2020-01-012020-12-310000313216ifrs-full:RestructuringProvisionMember2019-12-310000313216ifrs-full:RestructuringProvisionMember2020-01-012020-12-310000313216ifrs-full:LegalProceedingsProvisionMember2019-12-310000313216ifrs-full:LegalProceedingsProvisionMember2020-01-012020-12-310000313216ifrs-full:LegalProceedingsProvisionMember2021-01-012021-12-310000313216phg:ProvisionsForContingentConsiderationsMember2019-12-310000313216phg:ProvisionsForContingentConsiderationsMember2020-01-012020-12-310000313216phg:ProvisionsForContingentConsiderationsMember2021-01-012021-12-310000313216ifrs-full:MiscellaneousOtherProvisionsMemberphg:Ifrs16Member2019-12-310000313216ifrs-full:MiscellaneousOtherProvisionsMember2020-01-012020-12-310000313216ifrs-full:MiscellaneousOtherProvisionsMember2021-01-012021-12-310000313216phg:DomesticAppliancesMember2021-12-310000313216ifrs-full:BottomOfRangeMembercountry:DE2021-12-310000313216ifrs-full:TopOfRangeMembercountry:DE2021-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMember2021-01-012021-12-310000313216country:DE2021-12-312021-12-310000313216country:US2021-12-312021-12-310000313216phg:OtherCountriesMember2021-12-312021-12-3100003132162020-12-312020-12-310000313216ifrs-full:BottomOfRangeMember2019-01-012019-12-310000313216ifrs-full:TopOfRangeMember2019-01-012019-12-3100003132162022-01-012022-12-310000313216ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember2022-01-012022-12-310000313216country:DE2022-01-012022-12-310000313216country:US2022-01-012022-12-310000313216phg:OtherCountriesMember2022-01-012022-12-310000313216phg:UnfundedDefinedBenefitPlansMember2022-01-012022-12-310000313216country:DEphg:UnfundedDefinedBenefitPlansMember2022-12-312022-12-310000313216country:USphg:UnfundedDefinedBenefitPlansMember2022-01-012022-12-310000313216phg:OtherCountriesMemberphg:UnfundedDefinedBenefitPlansMember2022-01-012022-12-310000313216phg:DefinedContributionPlansMember2022-01-012022-12-310000313216country:NLphg:DefinedContributionPlansMember2022-01-012022-12-310000313216country:USphg:DefinedContributionPlansMember2022-01-012022-12-310000313216phg:OtherCountriesMemberphg:DefinedContributionPlansMember2022-01-012022-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMembercountry:DE2020-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMembercountry:DE2021-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMembercountry:US2020-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMembercountry:US2021-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMemberphg:OtherCountriesMember2020-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMemberphg:OtherCountriesMember2021-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMember2020-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMember2021-12-310000313216ifrs-full:PlanAssetsMembercountry:DE2020-12-310000313216ifrs-full:PlanAssetsMembercountry:DE2021-12-310000313216ifrs-full:PlanAssetsMembercountry:US2020-12-310000313216ifrs-full:PlanAssetsMembercountry:US2021-12-310000313216ifrs-full:PlanAssetsMemberphg:OtherCountriesMember2020-12-310000313216ifrs-full:PlanAssetsMemberphg:OtherCountriesMember2021-12-310000313216ifrs-full:PlanAssetsMember2020-12-310000313216ifrs-full:PlanAssetsMember2021-12-310000313216country:USphg:PostEmployementBenefitMember2021-12-310000313216phg:IncludedInIncomeFromOperationsMember2019-01-012019-12-310000313216phg:IncludedInIncomeFromOperationsMember2020-01-012020-12-310000313216phg:IncludedInIncomeFromOperationsMember2021-01-012021-12-310000313216phg:IncludedInFinancialExpenseMember2019-01-012019-12-310000313216phg:IncludedInFinancialExpenseMember2020-01-012020-12-310000313216phg:IncludedInFinancialExpenseMember2021-01-012021-12-310000313216phg:IncludedInDiscontinuedOperationsMember2019-01-012019-12-310000313216phg:IncludedInDiscontinuedOperationsMember2020-01-012020-12-310000313216phg:IncludedInDiscontinuedOperationsMember2021-01-012021-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMember2019-12-310000313216ifrs-full:PresentValueOfDefinedBenefitObligationMember2020-01-012020-12-310000313216ifrs-full:PlanAssetsMember2019-12-310000313216ifrs-full:PlanAssetsMember2020-01-012020-12-310000313216ifrs-full:PlanAssetsMember2021-01-012021-12-310000313216ifrs-full:PlanAssetsMemberphg:AssetsQuotedInActiveMarketMember2020-12-310000313216ifrs-full:PlanAssetsMemberphg:AssetsQuotedInActiveMarketMember2021-12-310000313216ifrs-full:PlanAssetsMemberphg:AssetsNotQuotedInActiveMarketMember2020-12-310000313216ifrs-full:PlanAssetsMemberphg:AssetsNotQuotedInActiveMarketMember2021-12-310000313216ifrs-full:ActuarialAssumptionOfDiscountRatesMember2020-12-310000313216ifrs-full:ActuarialAssumptionOfDiscountRatesMember2021-12-310000313216ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflationMember2020-12-310000313216ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflationMember2021-12-310000313216ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember2020-12-310000313216ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember2021-12-310000313216ifrs-full:ActuarialAssumptionOfLifeExpectancyAfterRetirementMember2020-12-310000313216ifrs-full:ActuarialAssumptionOfLifeExpectancyAfterRetirementMember2021-12-310000313216phg:SalariesAndWagesMember2020-12-310000313216phg:SalariesAndWagesMember2021-12-310000313216phg:HolidayEntitlementsMember2020-12-310000313216phg:HolidayEntitlementsMember2021-12-310000313216phg:OtherPersonnelRelatedCostsMember2020-12-310000313216phg:OtherPersonnelRelatedCostsMember2021-12-310000313216phg:GasWaterElectricityRentAndOtherMember2020-12-310000313216phg:GasWaterElectricityRentAndOtherMember2021-12-310000313216phg:CommunicationAndItCostsMember2020-12-310000313216phg:CommunicationAndItCostsMember2021-12-310000313216phg:DistributionCostsMember2020-12-310000313216phg:DistributionCostsMember2021-12-310000313216phg:CommissionPayableMember2020-12-310000313216phg:CommissionPayableMember2021-12-310000313216phg:AdvertisingAndMarketingRelatedCostsMember2020-12-310000313216phg:AdvertisingAndMarketingRelatedCostsMember2021-12-310000313216phg:OtherSalesRelatedCostsMember2020-12-310000313216phg:OtherSalesRelatedCostsMember2021-12-310000313216phg:MaterialRelatedCostsMember2020-12-310000313216phg:MaterialRelatedCostsMember2021-12-310000313216phg:InterestRelatedAccrualsMember2020-12-310000313216phg:InterestRelatedAccrualsMember2021-12-310000313216phg:OtherAccruedLiabilitiesMember2020-12-310000313216phg:OtherAccruedLiabilitiesMember2021-12-310000313216ifrs-full:LeaseLiabilitiesMember2021-01-012021-12-310000313216ifrs-full:LeaseLiabilitiesMember2020-01-012020-12-310000313216phg:Ifrs16Member2018-12-310000313216phg:LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember2020-12-310000313216phg:LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember2021-01-012021-12-310000313216phg:LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember2021-12-310000313216phg:BondsMembercurrency:USD2020-12-310000313216phg:BondsMembercurrency:USD2021-01-012021-12-310000313216phg:UsdBondMember2021-12-310000313216currency:EURphg:BondsMember2020-12-310000313216currency:EURphg:BondsMember2021-01-012021-12-310000313216phg:EurBondMember2021-12-310000313216phg:BankBorrowingsMember2020-12-310000313216phg:BankBorrowingsMember2021-01-012021-12-310000313216phg:BankBorrowingsMember2021-12-310000313216phg:OtherLongTermDebtMember2020-12-310000313216phg:OtherLongTermDebtMember2021-01-012021-12-310000313216phg:OtherLongTermDebtMember2021-12-310000313216ifrs-full:LeaseLiabilitiesMemberphg:Ifrs16Member2020-12-310000313216ifrs-full:LeaseLiabilitiesMember2021-01-012021-12-310000313216ifrs-full:LeaseLiabilitiesMember2021-12-310000313216phg:ForwardContractsLongTermMember2020-12-310000313216phg:ForwardContractsLongTermMember2021-01-012021-12-310000313216phg:ForwardContractsLongTermMember2021-12-310000313216ifrs-full:ShorttermBorrowingsMember2020-12-310000313216ifrs-full:ShorttermBorrowingsMember2021-01-012021-12-310000313216ifrs-full:ShorttermBorrowingsMember2021-12-310000313216phg:ShortTermBankBorrowingsMember2020-12-310000313216phg:ShortTermBankBorrowingsMember2021-01-012021-12-310000313216phg:ShortTermBankBorrowingsMember2021-12-310000313216phg:ForwardContractsShortTermMember2020-12-310000313216phg:ForwardContractsShortTermMember2021-01-012021-12-310000313216ifrs-full:EquityMember2021-01-012021-12-310000313216ifrs-full:EquityMember2021-12-310000313216phg:DividendPayableMember2021-01-012021-12-310000313216phg:ForwardContractsEquityMember2020-12-310000313216phg:ForwardContractsEquityMember2021-01-012021-12-310000313216phg:ForwardContractsEquityMember2021-12-310000313216ifrs-full:TreasurySharesMember2020-12-310000313216ifrs-full:TreasurySharesMember2021-01-012021-12-310000313216ifrs-full:TreasurySharesMember2021-12-310000313216phg:LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember2019-12-310000313216phg:LongTermBorrowingsIncludingCurrentPortionOfLongTermBorrowingsMember2020-01-012020-12-310000313216phg:BondsMembercurrency:USD2019-12-310000313216phg:BondsMembercurrency:USD2020-01-012020-12-310000313216phg:UsdBondMember2020-12-310000313216currency:EURphg:BondsMember2019-12-310000313216currency:EURphg:BondsMember2020-01-012020-12-310000313216phg:EurBondMember2020-12-310000313216phg:BankBorrowingsMember2019-12-310000313216phg:BankBorrowingsMember2020-01-012020-12-310000313216phg:OtherLongTermDebtMember2019-12-310000313216phg:OtherLongTermDebtMember2020-01-012020-12-310000313216ifrs-full:LeaseLiabilitiesMember2019-12-310000313216ifrs-full:LeaseLiabilitiesMember2020-01-012020-12-310000313216ifrs-full:LeaseLiabilitiesMember2020-12-310000313216phg:ForwardContractsLongTermMember2019-12-310000313216phg:ForwardContractsLongTermMember2020-01-012020-12-310000313216ifrs-full:ShorttermBorrowingsMember2019-12-310000313216ifrs-full:ShorttermBorrowingsMember2020-01-012020-12-310000313216phg:ShortTermBankBorrowingsMember2019-12-310000313216phg:ShortTermBankBorrowingsMember2020-01-012020-12-310000313216phg:ForwardContractsShortTermMember2020-01-012020-12-310000313216ifrs-full:EquityMember2019-12-310000313216ifrs-full:EquityMember2020-01-012020-12-310000313216ifrs-full:EquityMember2020-12-310000313216phg:DividendPayableMember2020-01-012020-12-310000313216phg:ForwardContractsEquityMember2019-12-310000313216phg:ForwardContractsEquityMember2020-01-012020-12-310000313216ifrs-full:TreasurySharesMember2019-12-310000313216ifrs-full:TreasurySharesMember2020-01-012020-12-310000313216ifrs-full:BottomOfRangeMember2019-12-310000313216ifrs-full:TopOfRangeMember2019-12-310000313216phg:PmcMember2020-01-012020-12-310000313216phg:PmcMember2019-01-012019-12-310000313216phg:PmcMember2018-01-012018-12-310000313216phg:DeLageLandenFinancialServicesIncDllMember2020-01-012020-12-310000313216phg:PmcMemberphg:PhilipsElectronicsNorthAmericaCorporationMember2020-01-012020-12-310000313216phg:PerformanceSharePlansMember2021-01-012021-12-310000313216phg:PerformanceSharePlansMember2020-01-012020-12-310000313216phg:PerformanceSharePlansMember2019-01-012019-12-310000313216phg:RestrictedSharesMember2020-12-310000313216phg:RestrictedSharesMember2021-01-012021-12-310000313216phg:RestrictedSharesMember2020-01-012020-12-310000313216phg:RestrictedSharesMember2019-01-012019-12-310000313216phg:OptionPlansMemberifrs-full:BottomOfRangeMember2020-12-310000313216phg:OptionPlansMemberifrs-full:TopOfRangeMember2021-12-310000313216currency:EUR2020-01-012020-12-310000313216phg:OptionPlansMember2020-12-310000313216currency:USDphg:OptionPlansMemberifrs-full:BottomOfRangeMember2021-12-310000313216currency:USDphg:OptionPlansMemberifrs-full:TopOfRangeMember2020-12-310000313216currency:USD2021-01-012021-12-310000313216phg:OptionPlansMember2021-12-310000313216currency:USDphg:OptionPlansMember2021-01-012021-12-310000313216currency:USDphg:OptionPlansMember2020-01-012020-12-310000313216currency:USDphg:OptionPlansMember2019-01-012019-12-310000313216currency:EUR2021-01-012021-12-310000313216currency:EURphg:OptionPlansMember2020-01-012020-12-310000313216currency:EURphg:OptionPlansMember2019-01-012019-12-310000313216currency:EURphg:OptionPlansMember2021-01-012021-12-310000313216phg:AccelerateOptionsMemberifrs-full:BottomOfRangeMember2021-12-310000313216currency:EURifrs-full:TopOfRangeMember2021-12-310000313216currency:USDphg:AccelerateOptionsMember2021-12-310000313216currency:EURphg:AccelerateOptionsMember2021-01-012021-12-310000313216currency:USDphg:AccelerateOptionsMember2021-01-012021-12-310000313216currency:EURphg:AccelerateOptionsMember2021-12-310000313216currency:EURphg:AccelerateOptionsMember2019-01-012019-12-310000313216currency:USDphg:AccelerateOptionsMember2020-01-012020-12-310000313216currency:USDphg:AccelerateOptionsMember2019-01-012019-12-310000313216currency:EURphg:AccelerateOptionsMember2020-01-012020-12-310000313216currency:EURphg:PerformanceSharePlansMember2020-12-310000313216currency:EURphg:PerformanceSharePlansMember2021-01-012021-12-310000313216currency:EURphg:PerformanceSharePlansMember2021-12-310000313216currency:USDphg:PerformanceSharePlansMember2020-12-310000313216currency:USDphg:PerformanceSharePlansMember2021-01-012021-12-310000313216currency:USDphg:PerformanceSharePlansMember2021-12-310000313216currency:EUR2020-12-310000313216currency:EURphg:RestrictedSharesMember2020-12-310000313216currency:EURphg:RestrictedSharesMember2021-01-012021-12-310000313216ifrs-full:WeightedAverageMembercurrency:EURphg:RestrictedSharesMember2021-01-012021-12-310000313216currency:EURphg:RestrictedSharesMember2021-12-310000313216currency:USD2020-12-310000313216currency:USDphg:RestrictedSharesMember2020-12-310000313216currency:USDphg:RestrictedSharesMember2021-01-012021-12-310000313216currency:USDphg:RestrictedSharesMember2021-12-310000313216currency:EURphg:OptionPlansMember2020-12-310000313216currency:EURphg:OptionPlansMember2021-12-310000313216currency:USDphg:OptionPlansMember2020-12-310000313216currency:USDphg:OptionPlansMember2021-12-310000313216currency:EURphg:PriceRangeOneMember2021-12-310000313216currency:EURphg:PriceRangeOneMember2021-01-012021-12-310000313216currency:EURphg:PriceRangeTwoMember2021-12-310000313216currency:EURphg:PriceRangeTwoMember2021-01-012021-12-310000313216currency:EURphg:PriceRangeThreeMember2021-12-310000313216currency:EURphg:PriceRangeThreeMember2021-01-012021-12-310000313216currency:USDphg:PriceRangeTwoMember2021-12-310000313216currency:USDphg:PriceRangeTwoMember2021-01-012021-12-310000313216currency:USDphg:PriceRangeThreeMember2021-12-310000313216currency:USDphg:PriceRangeThreeMember2021-01-012021-12-310000313216currency:USDphg:PriceRangeFiveMember2021-12-310000313216currency:USDphg:PriceRangeFiveMember2021-01-012021-12-310000313216currency:EURphg:AccelerateOptionsMember2020-12-310000313216currency:USDphg:AccelerateOptionsMember2020-12-310000313216phg:ExecutiveCommitteeMember2021-01-012021-12-310000313216phg:ExecutiveCommitteeMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMember2021-12-310000313216phg:ExecutiveCommitteeMember2020-12-310000313216phg:ExecutiveCommitteeMember2019-12-310000313216phg:ShareBasedCompensationExpensesMemberphg:BoardOfManagementMember2021-01-012021-12-310000313216phg:ShareBasedCompensationExpensesMemberphg:BoardOfManagementMember2020-01-012020-12-310000313216phg:ShareBasedCompensationExpensesMemberphg:BoardOfManagementMember2019-01-012019-12-310000313216phg:BoardOfManagementMember2021-01-012021-12-310000313216phg:BoardOfManagementMember2020-01-012020-12-310000313216phg:BoardOfManagementMember2019-01-012019-12-310000313216phg:SupervisoryBoardMember2021-01-012021-12-310000313216phg:SupervisoryBoardMember2020-01-012020-12-310000313216phg:SupervisoryBoardMember2019-01-012019-12-310000313216phg:BoardOfManagementMember2020-12-310000313216phg:ExecutiveCommitteeMemberphg:BaseSalaryMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMemberphg:BaseSalaryMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMemberphg:BaseSalaryMember2021-01-012021-12-310000313216phg:ExecutiveCommitteeMemberphg:AnnualIncentiveMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMemberphg:AnnualIncentiveMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMemberphg:AnnualIncentiveMember2021-01-012021-12-310000313216phg:ExecutiveCommitteeMemberphg:PerformanceSharePlansMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMemberphg:PerformanceSharePlansMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMemberphg:PerformanceSharePlansMember2021-01-012021-12-310000313216phg:ExecutiveCommitteeMemberphg:RestrictedSharesMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMemberphg:RestrictedSharesMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMemberphg:RestrictedSharesMember2021-01-012021-12-310000313216phg:ExecutiveCommitteeMemberphg:PensionAllowancesMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMemberphg:PensionAllowancesMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMemberphg:PensionAllowancesMember2021-01-012021-12-310000313216phg:ExecutiveCommitteeMemberphg:PensionSchemeCostsMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMemberphg:PensionSchemeCostsMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMemberphg:PensionSchemeCostsMember2021-01-012021-12-310000313216phg:ExecutiveCommitteeMemberphg:OtherCompensationMember2019-01-012019-12-310000313216phg:ExecutiveCommitteeMemberphg:OtherCompensationMember2020-01-012020-12-310000313216phg:ExecutiveCommitteeMemberphg:OtherCompensationMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:BaseSalaryMemberphg:FAVanHoutenMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMemberphg:FAVanHoutenMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PerformanceSharePlansMemberphg:FAVanHoutenMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:RestrictedSharesMemberphg:FAVanHoutenMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PensionAllowancesMemberphg:FAVanHoutenMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:FAVanHoutenMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:BaseSalaryMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMemberphg:ABhattacharyaMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:PerformanceSharePlansMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:RestrictedSharesMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:PensionAllowancesMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:ABhattacharyaMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:BaseSalaryMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:AnnualIncentiveMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:PerformanceSharePlansMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:RestrictedSharesMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:PensionAllowancesMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:MJVanGinnekenMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:BaseSalaryMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PerformanceSharePlansMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:RestrictedSharesMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PensionAllowancesMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMember2021-01-012021-12-310000313216phg:BoardOfManagementMemberphg:BaseSalaryMemberphg:FAVanHoutenMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMemberphg:FAVanHoutenMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PerformanceSharePlansMemberphg:FAVanHoutenMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:RestrictedSharesMemberphg:FAVanHoutenMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PensionAllowancesMemberphg:FAVanHoutenMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:FAVanHoutenMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:BaseSalaryMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMemberphg:ABhattacharyaMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:PerformanceSharePlansMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:RestrictedSharesMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:PensionAllowancesMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:ABhattacharyaMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:BaseSalaryMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:AnnualIncentiveMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:PerformanceSharePlansMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:RestrictedSharesMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:PensionAllowancesMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:MJVanGinnekenMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:BaseSalaryMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PerformanceSharePlansMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:RestrictedSharesMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PensionAllowancesMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMember2020-01-012020-12-310000313216phg:BoardOfManagementMemberphg:BaseSalaryMemberphg:FAVanHoutenMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMemberphg:FAVanHoutenMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PerformanceSharePlansMemberphg:FAVanHoutenMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:RestrictedSharesMemberphg:FAVanHoutenMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PensionAllowancesMemberphg:FAVanHoutenMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:FAVanHoutenMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:BaseSalaryMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMemberphg:ABhattacharyaMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:PerformanceSharePlansMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:RestrictedSharesMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMemberphg:PensionAllowancesMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:ABhattacharyaMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:BaseSalaryMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:AnnualIncentiveMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:PerformanceSharePlansMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:RestrictedSharesMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMemberphg:PensionAllowancesMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMemberphg:MJVanGinnekenMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:BaseSalaryMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:AnnualIncentiveMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PerformanceSharePlansMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:RestrictedSharesMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PensionAllowancesMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:PensionSchemeCostsMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:FAVanHoutenMember2021-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMember2021-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMember2021-12-310000313216phg:BoardOfManagementMember2021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:FSijbesmaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:FSijbesmaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:FSijbesmaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:FSijbesmaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:PAMStoffelsMemberphg:MembershipMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:PAMStoffelsMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:PAMStoffelsMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:PAMStoffelsMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:MembershipMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:CommitteesMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:OtherCompensationMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:CAPoonMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:CAPoonMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:CAPoonMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CAPoonMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:NDhawanMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:NDhawanMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:NDhawanMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:NDhawanMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMemberphg:MembershipMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:OGadieshMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMemberphg:OtherCompensationMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:DEIPyottMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:DEIPyottMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:DEIPyottMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:DEIPyottMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:AMHarrisonMemberphg:MembershipMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:AMHarrisonMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:AMHarrisonMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:AMHarrisonMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:MEDohertyMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:MEDohertyMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:MEDohertyMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MEDohertyMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:PLoscherMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:PLoscherMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:PLoscherMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:PLoscherMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:INooyiMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:INooyiMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:INooyiMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:INooyiMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:SKChuaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:SKChuaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:SKChuaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:SKChuaMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMember2021-01-012021-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:MembershipMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:CommitteesMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:OtherCompensationMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:CAPoonMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:CAPoonMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:CAPoonMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CAPoonMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:NDhawanMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:NDhawanMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:NDhawanMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:NDhawanMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMemberphg:MembershipMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:OGadieshMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMemberphg:OtherCompensationMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:DEIPyottMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:DEIPyottMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:DEIPyottMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:DEIPyottMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:PAMStoffelsMemberphg:MembershipMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:PAMStoffelsMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:PAMStoffelsMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:PAMStoffelsMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:AMHarrisonMemberphg:MembershipMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:AMHarrisonMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:AMHarrisonMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:AMHarrisonMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:MEDohertyMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:MEDohertyMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:MEDohertyMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MEDohertyMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:PLoscherMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:PLoscherMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:PLoscherMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:PLoscherMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:FSijbesmaMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:FSijbesmaMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:FSijbesmaMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:FSijbesmaMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMember2020-01-012020-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:MembershipMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:CommitteesMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMemberphg:OtherCompensationMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:JVanDerVeerMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:CAPoonMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:CAPoonMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:CAPoonMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CAPoonMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:HNFMVonProndzynskiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:HNFMVonProndzynskiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:HNFMVonProndzynskiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:HNFMVonProndzynskiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:JPTaiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:JPTaiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:JPTaiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:JPTaiMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:NDhawanMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:NDhawanMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:NDhawanMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:NDhawanMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMemberphg:MembershipMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:OGadieshMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMemberphg:OtherCompensationMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OGadieshMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:DEIPyottMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:DEIPyottMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:DEIPyottMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:DEIPyottMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:PAMStoffelsMemberphg:MembershipMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:PAMStoffelsMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:PAMStoffelsMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:PAMStoffelsMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:AMHarrisonMemberphg:MembershipMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:AMHarrisonMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:AMHarrisonMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:AMHarrisonMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMemberphg:MEDohertyMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMemberphg:MEDohertyMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMemberphg:MEDohertyMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MEDohertyMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:MembershipMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:CommitteesMember2019-01-012019-12-310000313216phg:SupervisoryBoardMemberphg:OtherCompensationMember2019-01-012019-12-310000313216phg:BoardOfManagementMemberphg:FAVanHoutenMember2020-12-310000313216phg:BoardOfManagementMemberphg:ABhattacharyaMember2020-12-310000313216phg:BoardOfManagementMemberphg:MJVanGinnekenMember2020-12-310000313216ifrs-full:BottomOfRangeMemberphg:EpdSolutionsLtdMember2021-12-310000313216ifrs-full:TopOfRangeMemberphg:EpdSolutionsLtdMember2021-12-310000313216phg:EpdSolutionsLtdMember2020-12-310000313216ifrs-full:TopOfRangeMemberphg:EpdSolutionsLtdMemberphg:MilestoneMember2021-12-310000313216ifrs-full:BottomOfRangeMemberphg:EpdSolutionsLtdMemberphg:MilestoneMember2021-12-310000313216ifrs-full:BottomOfRangeMemberphg:EpdSolutionsLtdMemberphg:DiscountRatesMember2021-12-310000313216ifrs-full:TopOfRangeMemberphg:EpdSolutionsLtdMemberphg:DiscountRatesMember2020-12-310000313216ifrs-full:DebtSecuritiesMember2021-12-310000313216ifrs-full:AtFairValueMemberifrs-full:DebtSecuritiesMember2021-12-310000313216ifrs-full:DebtSecuritiesMemberifrs-full:Level3OfFairValueHierarchyMember2021-12-310000313216ifrs-full:OtherEquitySecuritiesMember2021-12-310000313216ifrs-full:AtFairValueMemberifrs-full:OtherEquitySecuritiesMember2021-12-310000313216ifrs-full:OtherEquitySecuritiesMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310000313216phg:OtherFinancialAssetsMember2021-12-310000313216ifrs-full:AtFairValueMemberphg:OtherFinancialAssetsMember2021-12-310000313216ifrs-full:Level2OfFairValueHierarchyMemberphg:OtherFinancialAssetsMember2021-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberphg:OtherFinancialAssetsMember2021-12-310000313216ifrs-full:AtFairValueMember2021-12-310000313216ifrs-full:Level1OfFairValueHierarchyMember2021-12-310000313216ifrs-full:Level2OfFairValueHierarchyMember2021-12-310000313216ifrs-full:Level3OfFairValueHierarchyMember2021-12-310000313216ifrs-full:DebtSecuritiesMemberifrs-full:Level2OfFairValueHierarchyMember2021-12-310000313216ifrs-full:OtherEquitySecuritiesMemberifrs-full:CarryingAmountMember2021-12-310000313216ifrs-full:OtherEquitySecuritiesMemberifrs-full:Level3OfFairValueHierarchyMember2021-12-310000313216ifrs-full:AtFairValueMemberphg:CurrentAssetsMember2021-12-310000313216ifrs-full:TradeReceivablesMember2021-12-310000313216ifrs-full:AtFairValueMemberifrs-full:TradeReceivablesMember2021-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:TradeReceivablesMember2021-12-310000313216ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2021-12-310000313216ifrs-full:DebtSecuritiesMember2020-12-310000313216ifrs-full:AtFairValueMemberifrs-full:DebtSecuritiesMember2020-12-310000313216ifrs-full:DebtSecuritiesMemberifrs-full:Level3OfFairValueHierarchyMember2020-12-310000313216ifrs-full:OtherEquitySecuritiesMember2020-12-310000313216ifrs-full:AtFairValueMemberifrs-full:OtherEquitySecuritiesMember2020-12-310000313216ifrs-full:OtherEquitySecuritiesMemberifrs-full:Level1OfFairValueHierarchyMember2020-12-310000313216phg:OtherFinancialAssetsMember2020-12-310000313216ifrs-full:AtFairValueMemberphg:OtherFinancialAssetsMember2020-12-310000313216ifrs-full:Level2OfFairValueHierarchyMemberphg:OtherFinancialAssetsMember2020-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberphg:OtherFinancialAssetsMember2020-12-310000313216ifrs-full:AtFairValueMember2020-12-310000313216ifrs-full:Level1OfFairValueHierarchyMember2020-12-310000313216ifrs-full:Level2OfFairValueHierarchyMember2020-12-310000313216ifrs-full:Level3OfFairValueHierarchyMember2020-12-310000313216ifrs-full:DebtSecuritiesMemberifrs-full:Level2OfFairValueHierarchyMember2020-12-310000313216ifrs-full:OtherEquitySecuritiesMemberifrs-full:CarryingAmountMember2020-12-310000313216ifrs-full:OtherEquitySecuritiesMemberifrs-full:Level3OfFairValueHierarchyMember2020-12-310000313216ifrs-full:AtFairValueMemberphg:CurrentAssetsMember2020-12-310000313216ifrs-full:TradeReceivablesMember2020-12-310000313216ifrs-full:AtFairValueMemberifrs-full:TradeReceivablesMember2020-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:TradeReceivablesMember2020-12-310000313216ifrs-full:FinancialAssetsAtAmortisedCostCategoryMember2020-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:FinancialAssetsMember2020-12-310000313216ifrs-full:Level3OfFairValueHierarchyMember2021-01-012021-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:FinancialAssetsMember2021-01-012021-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:FinancialAssetsMember2021-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:FinancialAssetsMemberphg:Ifrs9Member2019-12-310000313216ifrs-full:Level3OfFairValueHierarchyMember2019-12-310000313216ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:FinancialAssetsMember2020-01-012020-12-310000313216ifrs-full:Level3OfFairValueHierarchyMember2020-01-012020-12-310000313216ifrs-full:DerivativesMember2020-12-310000313216ifrs-full:DerivativesMember2021-12-310000313216phg:RoyalPhilipsNvMember2021-12-310000313216ifrs-full:Level1OfFairValueHierarchyMemberifrs-full:EquityInvestmentsMember2021-12-310000313216ifrs-full:CashFlowHedgesMember2020-01-012020-12-310000313216phg:ChangeInValueOfForwardElementsOfForwardContractsAndTimeValueOfOptionsMember2020-12-310000313216ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2020-01-012020-12-310000313216currency:USD2020-01-012020-12-310000313216currency:USD2019-01-012019-12-310000313216ifrs-full:Level1OfFairValueHierarchyMemberifrs-full:EquityInvestmentsMember2020-12-310000313216ifrs-full:Level2And3OfFairValueHierarchyMemberifrs-full:EquityInvestmentsMember2020-12-310000313216ifrs-full:TopOfRangeMembercountry:IN2021-12-310000313216ifrs-full:BottomOfRangeMember2020-01-012020-12-310000313216ifrs-full:TopOfRangeMember2020-01-012020-12-310000313216ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember2021-12-310000313216ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember2021-12-310000313216currency:USDphg:ReceivablesCashFlowMember2021-12-310000313216currency:USDphg:PayablesCashFlowMember2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:JPY2021-12-310000313216phg:PayablesCashFlowMembercurrency:JPY2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:GBP2021-12-310000313216phg:PayablesCashFlowMembercurrency:GBP2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:CNY2021-12-310000313216phg:PayablesCashFlowMembercurrency:CNY2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:CAD2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:PLN2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:AUD2021-12-310000313216currency:CHFphg:ReceivablesCashFlowMember2021-12-310000313216phg:PayablesCashFlowMembercurrency:CHF2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:CZK2021-12-310000313216currency:SEKphg:ReceivablesCashFlowMember2021-12-310000313216currency:SEKphg:PayablesCashFlowMember2021-12-310000313216phg:ReceivablesCashFlowMembercurrency:RUB2021-12-310000313216ifrs-full:CashFlowHedgesMemberphg:ReceivablesCashFlowMembercurrency:RUB2021-12-310000313216phg:ReceivablesCashFlowMemberphg:OthersMember2021-12-310000313216phg:PayablesCashFlowMemberphg:OthersMember2021-12-310000313216phg:ReceivablesCashFlowMember2021-12-310000313216phg:PayablesCashFlowMember2021-12-310000313216ifrs-full:CashFlowHedgesMemberphg:PayablesCashFlowMember2021-12-310000313216phg:ReceivablesCashFlowMember2020-12-310000313216phg:PayablesCashFlowMember2020-12-310000313216currency:USD2021-01-012021-12-310000313216currency:JPY2020-01-012020-12-310000313216currency:JPY2021-01-012021-12-310000313216currency:GBP2020-01-012020-12-310000313216currency:GBP2021-01-012021-12-310000313216currency:CHF2020-01-012020-12-310000313216currency:CHF2021-01-012021-12-310000313216currency:PLN2020-01-012020-12-310000313216currency:PLN2021-01-012021-12-310000313216phg:RubMember2020-01-012020-12-310000313216phg:RubMember2021-01-012021-12-310000313216ifrs-full:InterestRateRiskMember2020-12-310000313216ifrs-full:InterestRateRiskMember2021-12-310000313216phg:Range10100MillionMemberphg:AAMinusRatedMember2021-12-310000313216phg:APlusRatedMemberphg:Range10100MillionMember2021-12-310000313216phg:APlusRatedMemberphg:Range100500MillionMember2021-12-310000313216phg:Range10100MillionMemberphg:ARatedMember2021-12-310000313216phg:Range100500MillionMemberphg:ARatedMember2021-12-310000313216phg:AMinusRatedMemberphg:Range10100MillionMember2021-12-310000313216phg:Range100500MillionMemberphg:AMinusRatedMember2021-12-310000313216phg:Range10100MillionMember2021-12-310000313216phg:Range100500MillionMember2021-12-310000313216phg:VesperMedicalMember2022-01-012022-01-11xbrli:sharesiso4217:EURxbrli:sharesiso4217:EURxbrli:pureiso4217:USDiso4217:USDxbrli:shares

As filed with the Securities and Exchange Commission on February 22, 2022

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


Form 20-F


(Mark one)

REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934

OR

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2021

OR

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

OR

SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of event requiring this shell company report . . . . . . . . . . . . . . . . . . . 

For the transition period from ___________________________ to ___________________________

Commission file number 001-05146-01

KONINKLIJKE PHILIPS NV

(Exact name of Registrant as specified in its charter)

ROYAL PHILIPS

(Translation of Registrant's name into English)

The Netherlands

(Jurisdiction of incorporation or organization)

Philips Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands

(Address of principal executive offices)

Marnix van Ginneken, Chief Legal Officer

+31 2059 77232, marnix.van.ginneken@philips.com, Philips Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands

(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)

Securities registered or to be registered pursuant to Section 12(b) of the Act.

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Shares - par value PHG New York Stock Exchange
Euro (EUR) 0.20 per share    

Securities registered or to be registered pursuant to Section 12(g) of the Act.

None

(Title of class)

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.

None

(Title of class)

Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered by the annual report.

Class Outstanding at December 31, 2021
KONINKLIJKE PHILIPS NV 870,182,445 shares
Common Shares par value EUR 0.20 per share  

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☒Yes ☐ No

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. ☐ Yes ☒ No

Note - Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of “large accelerated filer,"accelerated filer,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Emerging growth company

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange Act. ☐

† The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the
effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.
7262(b)) by the registered public accounting firm that prepared or issued its audit report.

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

U.S. GAAP ☐ International Financial Reporting Standards as issued by the International Accounting Standards Board ☒ Other ☐

If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. ☐ Item 17 ☐ Item 18

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes ☒ No

Contents

1Introduction

This document contains information required for the Annual Report on Form 20-F for the year ended December 31, 2021 of Koninklijke Philips N.V. (the 2021 Form 20-F). Reference is made to the Form 20-F cross reference table herein. Only (i) the information in this document that is referenced in the Form 20-F cross reference table, (ii) this introduction and the cautionary statement “forward-looking statements” on the next two pages and (iii) the Exhibits shall be deemed to be filed with the Securities and Exchange Commission for any purpose. Any additional information in this document which is not referenced in the Form 20-F cross reference table, or the Exhibits themselves, shall not be deemed to be so incorporated by reference, shall not be part of the 2021 Form 20-F and is furnished to the Securities and Exchange Commission for information only.

References to Philips

References to the Company or 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.

IFRS based information

The audited consolidated financial statements as of December 31, 2021 and 2020, and for each of the years in the three-year period ended December 31, 2021, included in the 2021 Form 20-F have been prepared in accordance with International Financial Reporting Standards (IFRS) as endorsed by the European Union (EU). All standards and interpretations issued by the International Accounting Standards Board (IASB) and the IFRS Interpretations Committee effective 2021 have been endorsed by the EU; consequently, the accounting policies applied by Philips also comply with IFRS as issued by the IASB. These accounting policies have been applied by group entities. Comparative results have been restated to reflect the treatment of the Domestic Appliances business as a discontinued operation (for more information, please refer to Discontinued operations and assets classified as held for sale).

Use of non-IFRS information

In presenting and discussing the Philips financial position, operating results and cash flows, management uses certain financial measures that are not measures of financial performance or liquidity under IFRS (‘non-IFRS’). These non-IFRS measures should not be viewed in isolation as alternatives to the equivalent IFRS measure and should be used in conjunction with the most directly comparable IFRS measures. Non-IFRS measures do not have standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. A reconciliation of these non-IFRS measures to the most directly comparable IFRS measures is contained in this document. Reference is made in Reconciliation of non-IFRS information.

Third-party market share data

Statements regarding market share, contained in this document, including those regarding Philips’ competitive position, are based on outside sources such as specialized research institutes, industry and dealer panels in combination with management estimates. Where full year information regarding 2021 is not yet available to Philips, market share statements may also be based on estimates and projections prepared by management and/or based on outside sources of information. Management's estimates of rankings are based on order intake or sales, depending on the business.

Documents on display

Philips’ SEC filings are publicly available through the SEC’s website at www.sec.gov. The SEC website contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC. Philips’ internet address is www.philips.com/investor. The contents of any websites referred to herein shall not be considered a part of or incorporated by reference into this document.

For definitions and abbreviations reference is made in Definitions and abbreviations

2Forward-looking statements

Pursuant to provisions of the United States Private Securities Litigation Reform Act of 1995, Philips is providing the following cautionary statement.

This document, including the information referred to in the Form 20-F cross reference table, contains certain forward-looking statements with respect to the financial condition, results of operations and business of Philips and certain of the plans and objectives of Philips with respect to these items, in particular, among other statements, certain statements in Item 4 “Information on the Company” with regard to management objectives, market trends, market standing, product volumes, business risks, the statements in Item 5 “Operating and financial review and prospects” with regards to trends in results of operations, margins overall market trends, risk management, exchange rates, the statements in Item 8 “Financial Information” relating to legal proceedings and goodwill and statements in Item 11 “Quantitative and qualitative disclosure about market risks” relating to risk caused by derivative positions, interest rate fluctuations and other financial exposure are forward-looking in nature. Forward-looking statements can be identified generally as those containing words such as “anticipates”, “assumes”, “believes”, “estimates”, “expects”, “should”, “will”, “will likely result”, “forecast”, “outlook”, “projects”, “may” or similar expressions. By their nature, these statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these statements.

These factors include but are not limited to: Philips’ ability to gain leadership in health informatics in response to developments in the health technology industry; Philips’ ability to transform its business model to health technology solutions and services; macroeconomic and geopolitical changes; integration of acquisitions and their delivery on business plans and value creation expectations; securing and maintaining Philips’ intellectual property rights, and unauthorized use of third-party intellectual property rights; ability to meet expectations with respect to ESG-related matters; failure of products and services to meet quality or security standards, adversely affecting patient safety and customer operations; breach of cybersecurity; ability to execute and deliver on programs on business transformation and IT system changes and continuity; the effectiveness of our supply chain; attracting and retaining personnel; COVID-19 and other pandemics; challenges to drive operational excellence and speed in bringing innovations to market; compliance with regulations and standards including quality, product safety and (cyber) security; compliance with business conduct rules and regulations; treasury and financing risks; tax risks; reliability of internal controls, financial reporting and management process. 

As a result, Philips’ actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, reference is made to the information in Risk factors.

3Form 20-F cross reference table

Only (i) the information in this document that is referenced in the Form 20-F cross reference table, (ii) the Introduction and the cautionary statements concerning forward-looking statements of this report on pages 5-6, and (iii) the Exhibits shall be deemed to be filed with the Securities and Exchange Commission for any purpose. The content of Philips’ websites and other websites referenced herein should not be considered to be a part of or incorporated into the 2021 Form 20-F. Any additional information which is not referenced in the Form 20-F cross reference table or the Exhibits themselves shall not be deemed to be so incorporated by reference, shall not be part of the 2021 Form 20-F and is furnished to the Securities and Exchange Commission for information only.

The table below sets out the location in this document of the information required by SEC Form 20-F. The exact location is included in the column ‘Location in this document’. The column “Page” refers to the starting page of the section for reference only (and is not intended to refer to the starting page of the specific subsection, if applicable).

ItemForm 20-F captionLocation in this document
Part 1  
1Identity of directors, senior management and advisorsNot applicable
2Offer statistics and expected timetableNot applicable
3Key information 
 A [Reserved]Not applicable
   
 B Capitalization and indebtednessNot applicable
   
 C Reason for the offer and use of proceedsNot applicable
   
 D Risk factorsChapter 9.2 – Risk factors
  Chapter 9.3 – Strategic risks
  Chapter 9.4 – Operational risks
  Chapter 9.5 – Compliance risks
  Chapter 9.6 – Financial risks
4Information on the Company 
 A History and development of the companyChapter 1 – Introduction - Documents on display
  Chapter 6.4 – Our businesses - Our reporting structure in 2021
  Chapter 7.1.1 – Results of operations - Discontinued operations
  Chapter 7.1.2 – Restructuring and acquisition-related charges and goodwill impairment charges
  Chapter 7.1.3 – Acquisitions and divestments
  Chapter 7.1.4 – Changes in cash and cash equivalents, including cash flows
  Chapter 12.1 – Introduction
  Chapter 12.9 – Corporate information
  Chapter 14.3.3 – Investor contact- How to reach us
  Note 4 – Discontinued operations and assets classified as held for sale
  Note 5 – Acquisitions and divestments
  Note 6 – Interests in entities
  Note 31 – Subsequent events
   
 B Business OverviewChapter 1 – Introduction - Third-party market share data
  Chapter 6.1 – Driven by purpose – Helping our customers address their healthcare challenges
  Chapter 6.4 – Our businesses
  Chapter 6.5 – Our geographies - 6.5.1 and 6.5.3
  Chapter 6.6.1 – Supply chain
  Chapter 6.6.2 – Procurement
  Chapter 7.1 – Performance review -from 7.1.1 to 7.13
  Chapter 8.5.3 – Quality & Regulatory 
  Chapter 9.4 – Operational risks - Philips may be unable to ensure an effective supply chain (paragraph 2)
  Note 3 – Information by segment and main country
   
 C Organizational structureChapter 6.4 – Our businesses - Our reporting structure in 2021
  Note 3 – Information by segment and main country
  Note 6 – Interests in entities
  Index of exhibits - Exhibit 8
   
 D Property, plant and equipmentChapter 6.4.4 – Other- Real estate
  Note 3 – Information by segment and main country
  Note 4 – Discontinued operations and assets classified as held for sale - Assets classified as held for sale
  Note 11 – Property, plant and equipment
  Note 20 – Provisions - Environmental provisions; Other provisions (decommissioning bullet)
  Note 25 – Contingent assets and liabilities - Contingent liabilities - Environmental remediation
4AUnresolved staff commentsNot applicable
5Operating and financial review and prospects 
 A Operating resultsChapter 6.4 – Our businesses
  Chapter 6.6.1 – Supply chain
  Chapter 6.6.2 – Procurement
  Chapter 7.1 – Performance review
  Chapter 7.1.1 – Results of operations
  Chapter 7.1.2 – Restructuring and acquisition-related charges and goodwill impairment charges
  Chapter 7.1.3 – Acquisitions and divestments
  Chapter 7.1.4 – Changes in cash and cash equivalents, including cash flows
  Chapter 7.1.7 – Liquidity position
  Chapter 7.1.9 – Cash obligations 
  Chapter 8.3.3 – Sustainable Operations - Carbon Footprint and energy efficiency; Waste
  Chapter 14.1 – Reconciliation of non-IFRS information
  Chapter 14.2 – Other Key Performance Indicators
  Note 1 – Significant accounting policies - Foreign currencies
  Note 4 – Discontinued operations and assets classified as held for sale
  Note 5 – Acquisitions and divestments
  Note 7 – Income from operations
  Note 8 – Financial income and expenses
  Note 9 – Income taxes - Deferred tax assets and liabilities
  Note 12 – Goodwill
  Note 13 – Intangible assets excluding goodwill
  Note 21 – Post-employment benefits
  Note 25 – Contingent assets and liabilities
  Note 30 – Details of treasury and other financial risks - Currency risk
  Note 31 – Subsequent events
   
 B Liquidity and capital resourcesChapter 7.1 – Performance review - from 7.1.1 to 7.1.9
  Note 18 – Equity
  Note 19 – Debt
  Note 24 – Cash flow statement supplementary information
  Note 30 – Details of treasury and other financial risks
   
 C Research and development, patents and licenses, etc.Chapter 6.4.4 – Other - IP Royalties
  Chapter 7.1.1 – Results of operations - Research and development expenses
   
 D Trend informationChapter 6.6.1 – Supply chain
  Chapter 6.6.2 – Procurement
  Chapter 7.1 – Performance review - The year 2021; The year 2020
  Chapter 14.1 – Reconciliation of non-IFRS information
  Chapter 14.2 – Other Key Performance Indicators
   
 E Critical accounting estimatesNot applicable
   
6Directors, senior management and employees 
   
 A Directors and senior managementChapter 5 – Board of Management and Executive Committee - Members of the Board of Management
  Chapter 10 – Supervisory Board
  Chapter 12.2 – Board of Management and Executive Committee - Appointment and composition
  Chapter 12.3 – Supervisory Board - Appointment and composition
  Note 28 – Information on remuneration - Table: Accumulated annual pension entitlements and pension-related costs in EUR unless otherwise stated
   
 B CompensationChapter 11.2 – Report of the Remuneration Committee
  Chapter 11.2.3 – Remuneration of the Board of Management in 2021 
  Note 27 – Share-based compensation
  Note 28 – Information on remuneration
   
 C Board practicesChapter 10 – Supervisory Board 
  Chapter 11 – Supervisory Board report - Supervisory Board Committees
  Chapter 11.2 – Report of the Remuneration Committee - Composition of the Remuneration Committee and its activities (first and second paragraphs)
  Chapter 11.2.2 – Remuneration report 2021 - Main elements of the remuneration policy; Services agreements
  Chapter 11.3 – Report of the Audit Committee
  Chapter 12.2 – Board of Management and Executive Committee - Appointment and composition
  Chapter 12.3 – Supervisory Board - Appointment and composition; Supervisory Board committees
   
 D EmployeesChapter 8.4.6 – Employment
  Note 7 – Income from operations - Employees
   
 E Share ownershipChapter 11.2 – Report of the Remuneration Committee - Main elements of the Remuneration Policy
  Chapter 11.2.3 – Remuneration of the Board of Management in 2021
  Chapter 12.4 – Other Board-related matters - Remuneration and share ownership
  Chapter 12.10 – Additional information - Equity compensation plans
  Note 18 – Equity
  Note 27 – Share-based compensation
  Note 28 – Information on remuneration
   
7Major shareholders and related party transactions 
   
 A Major shareholdersChapter 12.5 – General Meeting of Shareholders - Share capital; issue and repurchase of (rights to) shares (second and third paragraph)
  Chapter 12.7 – Stichting Preferente Aandelen Philips – First and sixth paragraph
  Chapter 12.8 – Major shareholders
  Chapter 12.10 – Additional information - Voting Rights (last sentence); Major shareholders as filed with SEC
   
 B Related party transactionsChapter 12.4 – Other Board-related matters - Conflicts of interest
  Note 6 – Interests in entities
  Note 26 – Related-party transactions
  Note 28 – Information on remuneration
   
 C Interests of experts and counselNot applicable
   
8Financial information 
   
 A Consolidated statements and other financial informationChapter 7.1.10 – Dividend - Dividend policy
  Chapter 13 – Group financial statements - 13.2 (last paragraph); 13.4 to 13.9
   
 B Significant changesNote 31 – Subsequent events
   
9The offer and listing 
   
 A Offer and listing detailsChapter 14.3.1 – Share information
   
 B Plan of distributionNot applicable
   
 C MarketsChapter 14.3.1 – Share information
   
 D Selling shareholdersNot applicable
   
 E DilutionNot applicable
   
 F Expenses of the issueNot applicable
   
10Additional information 
   
 A Share capitalNot applicable
   
 B Memorandum and articles of associationChapter 12.2 – Board of Management and Executive Committee - Appointment and composition
  Chapter 12.3 – Supervisory Board - Appointment and composition
  Chapter 12.4 – Other Board-related matters - Remuneration and share ownership, paragraph 5; Conflicts of interest
  Chapter 12.5 – General Meeting of Shareholders - Meetings; Main powers of the General Meeting of Shareholders
  Chapter 12.7 – Stichting Preferente Aandelen Philips
  Chapter 12.10 – Additional information - Articles of association
  Index of exhibits - Exhibit 1; Exhibit 2
   
 C Material contractsChapter 11.2.2 – Remuneration report 2021 - Services agreements
  Chapter 12.2 – Board of Management and Executive Committee - Appointment and Composition
  Note 27 – Share-based compensation
  Note 28 – Information on remuneration
  Index of exhibits - Exhibit 4(a)
  Index of exhibits - Exhibit 4(b)
  Exhibit 4 (c)
  Index of exhibits - Exhibit 4(d)
   
 D Exchange controlsChapter 12.10 – Additional information- Exchange controls
  Note 30 – Details of treasury and other financial risks - Liquidity risk
   
 E TaxationChapter 7.2 – Taxation - Dividend withholding tax
   
 F Dividends and paying agentsNot applicable
   
 G Statements by expertsNot applicable
   
 H Documents on displayChapter 1 – Introduction - Documents on display
   
 I Subsidiary informationNot applicable
   
11Quantitative and qualitative disclosure about market risk 
   
 A Quantitative information about market riskChapter 2 – Forward-looking statements
  Note 30 – Details of treasury and other financial risks
   
 B Qualitative information about market riskNote 30 – Details of treasury and other financial risks
   
 C Interim periodsNot applicable
   
 D Safe harborChapter 2 – Forward-looking statements
  Note 30 – Details of treasury and other financial risks
   
 E Smaller reporting companiesNot applicable
   
12Description of securities other than equity securities 
   
 A Debt securitiesNot applicable
   
 B Warranty and rightsNot applicable
   
 C Other securitiesNot applicable
   
 D American depository sharesChapter 14.3.4 – New York Registry Shares
   
Part 2  
13Defaults, dividend arrearages and delinquenciesNot applicable
14Material modifications to the rights of security holders and use of proceedsNot applicable
15Controls and procedures 
   
 A Disclosure controls and proceduresChapter 13.1.1 – Disclosure controls and procedures
   
 B Management's Annual Report on internal control over financial reportingChapter 13.1 – Management’s report on internal control
   
 C Attestation report of the registered public accounting firmChapter 13.3 – Independent auditor’s report on internal control over financial reporting
   
 D Changes in internal control over financial reportingChapter 13.1.2 – Changes in internal control over financial reporting
   
16AAudit Committee Financial ExpertChapter 12.3 – Supervisory Board - Supervisory Board Committees, fifth paragraph
16BCode of EthicsChapter 9.1 – Our approach to risk management - Philips General Business Principles, last paragraph
  Chapter 12.10 – Additional information - Code of business conduct
16CPrincipal Accountant Fees and ServicesChapter 11.3 – Report of the Audit Committee
  Chapter 12.6 – Annual financial statements and external audit
  Note 7 – Income from operations - Audit fees
16DExemptions from the Listing Standards for Audit CommitteesNot applicable
16EPurchases of Equity Securities by the Issuer and Affiliated PurchasersChapter 7.1.8 – Shareholders’ equity - Share repurchase methods for long-term incentive plans and capital reduction purposes
  Chapter 12.5 – General Meeting of Shareholders - Share capital: issue and repurchase of (rights to) shares
16FChange in Registrant’s Certifying AccountantNot applicable
16GCorporate GovernanceChapter 12.10 – Additional information - Significant differences in Corporate Governance Practices
16HMine Safety DisclosureNot applicable
16IDisclosure regarding Foreign Jurisdictions that prevent inspectionsNot applicable
Part 3  
17Financial statementsNot applicable
18Financial statementsChapter 13 – Group financial statements - from 13.4 to 13.9
19ExhibitsIndex of exhibits

4Message from the CEO

Dear Stakeholder,

Amidst the ongoing impact of COVID-19 on society, 2021 was an eventful and challenging year. Our continued strategic progress and strong growth in the first half of the year were overshadowed by the unprecedented scale of the global supply chain disruptions in the second half of the year, as well as the Philips Respironics voluntary field action to remediate the component quality issue in certain of its products.

The intensified global supply chain headwinds and postponement of customer equipment installations due to COVID-19 presented challenges to fully convert our opportunities to revenue in the second half of the year. These factors, combined with the sales consequences of the recall, resulted in full-year sales of EUR 17.2 billion, down 1% year-on-year.

As we work to overcome these headwinds and look to the future, I am very encouraged by the underlying performance of our businesses. Our Diagnosis & Treatment businesses and Personal Health businesses performed well in 2021, recording 8% and 9% comparable sales growth*) respectively. Following in the wake of 2020’s high COVID-19-related demand for hospital ventilation and monitoring & analytics solutions, our Connected Care businesses posted a 23% decline in comparable sales in 2021, which also reflects the effect of the Philips Respironics recall.

We have strengthened our portfolio through our R&D programs, partnerships, and acquisitions. The relevance of our innovative products and solutions and customer interest in partnering with Philips, is underscored by the 4% growth in comparable order intake, resulting in an order book that is 18% higher year-on-year.

Nevertheless, I would like to emphasize that I very much regret the impact of the Philips Respironics recall on patients, care providers and shareholders. We identified – through our post-market surveillance processes – that the sound abatement foam used since 2008 in certain of our sleep and respiratory care products may degrade under certain circumstances. Subsequently, we issued a voluntary recall notification for affected devices to address potential health risks. We have ramped up production, service and repair capacity to ensure patients receive a repaired or replacement device as fast as possible.

As of January 2022, Philips Respironics has shipped a total of approximately 750,000 repair kits and replacement devices to customers and aims to complete the repair and replacement program in the fourth quarter of 2022. In close dialogue with regulators across the world, we are conducting a comprehensive test and research program to better characterize health risks. In parallel, we have captured and applied learnings from this recall across the entire company, as patient safety, quality and integrity are of the utmost importance to us.

Continued progress on strategic roadmap

In 2021, we saw sustained traction for our strategy to help transform the delivery of care across the health continuum, and our innovative portfolio resonates very strongly with customers.

Inspired by our purpose to improve people’s health and well-being, we innovate solutions that deliver meaningful impact. In the consumer domain, for instance, our new Sonicare 9900 Prestige electric toothbrush leverages AI to optimize the user’s brushing technique, ensuring full coverage of their teeth, and instills brushing habits that improve oral health.

For healthcare providers, our innovative solutions – smart combinations of systems, devices, software and services – help them deliver on the Quadruple Aim of better health outcomes, improved patient and staff experience, and lower cost of care:

We signed 80 long-term strategic partnerships with hospitals and health systems around the world in 2021, underlining customers’ appreciation of our holistic approach to healthcare. Solutions-based sales and recurring revenues continue to generate a growing proportion of total sales, with the figure now standing at around 45%. In order to maintain the strong flow of health technology innovations going forward, we invested EUR 1.8 billion in R&D in 2021.

Major divestment completed, acquisitions to drive future growth

In September, we completed the sale of the Domestic Appliances business to Hillhouse Investment, concluding our line of major divestments. We believe this will allow us to focus on extending our leadership in health technology solutions.

To support future growth and the delivery of data-enabled care across care settings, we again invested significantly in our data science, informatics and cloud technology capabilities in 2021. The acquisitions of BioTelemetry, Capsule Technologies and Cardiologs (the latter completed in January 2022) strengthen our position in patient care management in the hospital and the home. In January 2022, we also closed the acquisition of Vesper Medical, further expanding our image-guided therapy devices portfolio with venous stents.

Delivering on our ESG commitments

We reached 1.67 billion people with our products and services in 2021, including 167 million in underserved communities – taking us a step closer to our goal of improving 2 billion lives per year by 2025, including 300 million in underserved communities.

We continued to deliver on the other key commitments set out in our Environmental, Social & Governance (ESG) framework. We are already carbon-neutral in our operations and are now engaging with suppliers and customers to reduce emissions across our entire value chain, as well as driving the transition to a circular economy.

We again received recognition for our sustainability efforts in 2021 – achieving a CDP ‘A List’ rating for the ninth consecutive year for our climate action, and securing second-highest place in the global Dow Jones Sustainability Indices (DJSI) list.

Looking ahead

We continue to invest in the future, further improving operational excellence and growing our core business, while driving our transformation into a digital, customer-first solutions company. I am very confident in our ability to overcome our current challenges. Against this background, and reflecting the importance we atta