Nokia 2004 Annual Report Download - page 131

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Nokia Corporation and Subsidiaries
Consolidated Statements of Changes in Shareholders’ Equity
Fair
value
Number of Share Share issue Treasury Translation and other Retained
shares capital premium shares differences(1) reserves(1) earnings Total
(000’s)
Group, EURm
Balance at December 31, 2001 ........ 4,736,302 284 2,060 (21) 326 20 9,536 12,205
Stock options exercised ........... 50,377 3 160 163
Stock options exercised related to
acquisitions .................. (17) (17)
Tax benefit on stock options exercised . 22 22
Acquisition of treasury shares ....... (900) (17) (17)
Reissuance of treasury shares ....... 983 18 18
Dividend ..................... (1,279) (1,279)
Translation differences ............ (285) (285)
Net investment hedge gains ........ 94 94
Cash flow hedges, net of tax ........ 60 60
Available-for-sale investments, net of
tax........................ (87) (87)
Other increase, net .............. 23 23
Net profit ..................... 3,381 3,381
Balance at December 31, 2002 ........ 4,786,762 287 2,225 (20) 135 (7) 11,661 14,281
Share issue related to acquisitions .... 1,225 18 18
Stock options exercised ........... 7,160 1 22 23
Stock options exercised related to
acquisitions .................. (6) (6)
Tax benefit on stock options exercised . 13 13
Acquisition of treasury shares ....... (95,339) (1,363) (1,363)
Reissuance of treasury shares ....... 460 10 10
Dividend ..................... (1,340) (1,340)
Translation differences ............ (375) (375)
Net investment hedge gains ........ 155 155
Cash flow hedges, net of tax ........ 2 2
Available-for-sale investments, net of
tax........................ 98 98
Other increase, net .............. 40 40
Net profit ..................... 3,592 3,592
Balance at December 31, 2003 ........ 4,700,268 288 2,272 (1,373) (85) 93 13,953 15,148
Stock options exercised ........... 5 0 0 0
Stock options exercised related to
acquisitions .................. (8) (8)
Acquisition of treasury shares ....... (214,120) (2,661) (2,661)
Reissuance of treasury shares ....... 788 14 14
Cancellation of treasury shares ...... (8) 8 1,998 (1,998) —
Dividend ..................... (1,398) (1,398)
Translation differences ............ (119) (119)
Net investment hedge gains ........ 78 78
Cash flow hedges, net of tax ........ 42 42
Available-for-sale investments, net of
tax........................ (66) (66)
Other increase, net .............. 11
Net profit ..................... 3,207 3,207
Balance at December 31, 2004 ........ 4,486,941 280 2,272 (2,022) (126) 69 13,765 14,238
(1) Accumulated other comprehensive income comprises translation differences and fair value and other reserves.
Dividends declared per share were EUR 0.33 for 2004 (EUR 0.30 for 2003 and EUR 0.28 for 2002), subject
to shareholders’ approval.
See Notes to Consolidated Financial Statements.
F-6