Koninklijke Philips N.V. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported sales of EUR 5,303 million against EUR 5,306 million a year ago. Income from operations was EUR 723 million against EUR 693 million a year ago. Income before taxes was EUR 713 million against EUR 626 million a year ago. Income from continuing operations was EUR 476 million against EUR 465 million a year ago. Net income attributable to company shareholders was EUR 713 million or EUR 0.91 per diluted share against EUR 626 million or EUR 0.67 per diluted share a year ago. Adjusted EBITA was EUR 884 million against EUR 811 million a year ago. EBITA was EUR 790 million against EUR 753 million a year ago. Adjusted EBITDA was EUR 1,072 million against EUR 991 million a year ago. For the year, the company reported sales of EUR 17,780 million against EUR 17,422 million a year ago. Income from operations was EUR 1,517 million against EUR 1,464 million a year ago. Income before taxes was EUR 1,377 million against EUR 1,034 million a year ago. Income from continuing operations was EUR 1,028 million against EUR 831 million a year ago. Net income attributable to company shareholders was EUR 1,657 million or EUR 1.75 per diluted share against EUR 1,448 million or EUR 1.56 per diluted share a year ago. Net cash provided by operating activities was EUR 1,870 million against EUR 1,170 million a year ago. Net capital expenditures were EUR 685 million against EUR 741 million a year ago. Purchase of intangible assets was EUR 106 million against EUR 95 million a year ago. Capital expenditures on property, plant and equipment was EUR 420 million against EUR 360 million a year ago. Adjusted EBITA was EUR 2,153 million against EUR 1,921 million a year ago. EBITA was EUR 1,787 million against EUR 1,707 million a year ago. Adjusted EBITDA was EUR 2,832 million against EUR 2,613 million a year ago. Free cash flows were EUR 1,185 million against EUR 429 million a year ago. Net debt was EUR 2,776 million against EUR 3,272 million a year ago.