Nokia 2008 Annual Report Download - page 151

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Nokia Corporation and Subsidiaries
Consolidated Statements of Changes in Shareholders’ Equity
Number of
shares (000’s)
Share
capital
Share
issue
premium
Treasury
shares
Translation
differences
Fair
value
and
other
reserves
Reserve for
invested
nonrestrict.
equity
Retained
earnings
Before
minority
interests
Minority
interests Total
Balance at December 31, 2005 .... 4 172 376 266 2 458 (3 616) 69 (176) — 13 308 12 309 205 12 514
Tax benefit on stock options
exercised . ............... 23 23 23
Excess tax benefit on sharebased
compsensation . . . .......... 14 14 14
Translation differences ......... (141) (141) (13) (154)
Net investment hedge gains, net of
tax .................... 38 38 38
Cash flow hedges, net of tax ..... 171 171 171
Availableforsale investments, net
oftax................... (9) (9) (9)
Other decrease, net . .......... (52) (52) (1) (53)
Profit . ................... 4 306 4 306 60 4 366
Total recognized income and
expense .................. — 37 — (103) 162 — 4 254 4 350 46 4,396
Stock options exercised ......... 3046 — 43 43 43
Stock options exercised related to
acquisitions ............... (1) (1) (1)
Sharebased compensation
(1)
..... 219 219 219
Settlement of performance shares . . 2 236 (69) 38 (31) (31)
Acquisition of treasury shares..... (212340) (3413) (3413) (3413)
Reissuance of treasury shares ..... 412 4 4 4
Cancellation of treasury shares .... (20) 20 4927 (4927) — —
Dividend . . . ............... (1 512) (1 512) (40) (1 552)
Acquisition of minority interests . . . — (119) (119)
Total of other equity movements .. (20) 212 1 556 — — — (6 439) (4 691) (159) (4 850)
Balance at December 31, 2006 .... 3 965 730 246 2 707 (2 060) (34) (14) — 11 123 11 968 92 12 060
Excess tax benefit on sharebased
compsensation . . . .......... 128 128 128
Translation differences ......... (167) (167) 16 (151)
Net investment hedge gains, net of
tax .................... 38 38 38
Cash flow hedges, net of tax ..... (11) (11) (11)
Availableforsale investments, net
oftax................... 48 48 48
Other decrease, net . .......... (40) (40) (40)
Profit . ................... 7 205 7 205 (459) 6 746
Total recognized income and
expense .................. — 128 — (129) 37 — 7 165 7 201 (443) 6 758
Stock options exercised ......... 57269 — 46 932 978 978
Stock options exercised related to
acquisitions ............... (3) (3) (3)
Sharebased compensation . ..... 228 228 228
Settlement of performance shares . . 3 138 (104) 58 9 (37) (37)
Acquisition of treasury shares..... (180590) (3884) (3884) (3884)
Reissuance of treasury shares ..... 403 7 7 7
Cancellation of treasury shares .... 2733 (2733) — —
Share premium reduction and
transfer . . ............... (2358) 2358 — —
Dividend . . . ............... (1 685) (1 685) (75) (1 760)
Minority interest on formation of
Nokia Siemens Networks . ..... — 2 991 2 991
Total of other equity movements .. — (2 191) (1 086) — — 3 299 (4 418) (4 396) 2 916 (1 480)
Balance at December 31, 2007 .... 3 845 950 246 644 (3 146) (163) 23 3 299 13 870 14 773 2 565 17 338
F7