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Financial income and expenses (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Financial income and expenses [Abstract] |
Financial income and expenses - Financial income and expenses [Text Block] | Philips Group Financial income and expenses in millions of EUR
| 2021 | 2022 | 2023
--- | --- | --- | ---
Interest income | 18 | 25 | 46
Interest income from loans and receivables | 7 | 7 | 13
Interest income from cash and cash equivalents | 11 | 18 | 33
Dividend income from financial assets | 2 | 3 | 2
Net gains from disposal of financial assets | - | - | -
Net change in fair value of financial assets through profit or loss | 95 | 9 |
Other financial income | 33 | 20 | 15
Financial income | 149 | 58 | 63
Interest expense | (159) | (235) | (277)
Interest expense on debt and borrowings | (126) | (200) | (229)
Finance charges under lease contract | (25) | (25) | (27)
Interest expense on pensions | (8) | (10) | (21)
Provision-related accretion expenses | (5) | (9) | (29)
Net foreign exchange gains (losses) | - | 9 | (23)
Net change in fair value of financial assets through profit or loss |  |  | (26)
Other financial expenses | (24) | (24) | (21)
Financial expenses | (188) | (258) | (376)
Financial income and expenses, net | (39) | (200) | (314)

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