v3.25.4
Goodwill (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill [Abstract]  
Movements in goodwill The changes in 2024 and 2025 were:
Philips Group
Goodwill in millions of EUR
2025
2024
Balance as of January 1
Cost
12,777
12,133
Impairments
(2,394)
(2,256)
Book value
10,383
9,876
Divestments and transfers to assets classified as held for sale
(53)
(22)
Translation differences and other
(1,058)
528
Total change
(1,112)
507
Balance as of December 31
Cost
11,367
12,777
Impairments
(2,096)
(2,394)
Book value
9,271
10,383
Goodwill by business Goodwill allocated to the Businesses (groups of cash-generating units) as of December 31, 2025, is presented
in the accompanying table:
Philips Group
Goodwill by business in millions of EUR
2025
2024
Monitoring
3,752
4,194
Image-Guided Therapy
2,888
3,216
Precision Diagnosis
1,289
1,440
Sleep & Respiratory Care
625
694
Personal Health
469
509
Enterprise Informatics
248
331
Book value
9,271
10,383
Key assumptions The values assigned to the key assumptions used for the value-in-use calculations for 2025 and 2024 were:
Philips Group
Key assumptions 2025
Compound sales growth rate
Initial forecast
period
Extrapolation
period
Used to calculate
terminal value
Pre-tax discount
rates
Monitoring
5.6%
4.3%
2.5%
9.0%
Image-Guided Therapy
6.7%
4.6%
2.5%
9.8%
Precision Diagnosis
3.1%
3.8%
2.5%
10.4%
Sleep & Respiratory Care
10.8%
7.3%
2.5%
11.8%
Personal Health
5.5%
4.2%
2.5%
9.9%
Enterprise Informatics
3.9%
3.1%
2.5%
9.6%
Philips Group
Key assumptions 2024
compound sales growth rate
initial forecast
period
extrapolation
period
used to calculate
terminal value
pre-tax discount
rates
Monitoring
5.3%
4.7%
2.5%
9.1%
Image-Guided Therapy
6.3%
5.0%
2.5%
9.7%
Precision Diagnosis
2.4%
3.6%
2.5%
9.9%
Sleep & Respiratory Care
10.1%
7.3%
2.5%
10.3%
Personal Health
5.1%
4.2%
2.5%
9.9%
Enterprise Informatics
4.4%
5.4%
2.5%
8.9%