Nokia 2008 Annual Report Download - page 225

Download and view the complete annual report

Please find page 225 of the 2008 Nokia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 227

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227

35. Risk Management (Continued)
At December 31, 2007
Due within 3
months
Due between 3
and 12
months
Due between 1
and 3 years
Due
between
3 and 5 years
Due beyond
5 years
EURm EURm EURm EURm EURm
Noncurrent financial assets
Longterm loans receivable . . . . . . — — 7 3 1
Other noncurrent assets . . . . . . . . — — 6 — —
Loan commitments obtained
undrawn . . . . . . . . . . . . . . . . . . — 1 385 500 1 385 —
Current financial assets
Current portion of longterm loans
receivable . . . . . . . . . . . . . . . . . 5 165 — — —
Shortterm loans receivable . . . . . . 16 8 — — —
Availableforsale investment . . . . . 6 543 1 012 2 003 343 355
Cash . . . . . . . . . . . . . . . . . . . . . . . 2 125 — — — —
Cash flows related to derivative
financial assets net settled :
Derivative contracts — receipts . . . 24 15 8 1 1
Cash flows related to derivative
financial assets gross settled:
Derivative contracts — receipts. . 19 459 394 65 — —
Derivative contracts —
payments . . . . . . . . . . . . . . . . (19 331) (384) (69) — —
Accounts receivable
(1)(2)
......... 7398 1720 381 — —
Noncurrent financial liabilities
Longterm liabilities . . . . . . . . . . . (10) (3) (53) (130) (70)
Loan commitments given . . . . . . . (178) (39) (21) (18) (14)
Current financial liabilities
Currrent portion of longterm
loans . . . . . . . . . . . . . . . . . . . . . (115) (61) — — —
Shortterm liabilities . . . . . . . . . . . (617) (105) — — —
Cash flows related to derivative
financial liabilities net settled:
Derivative contracts —
payments . . . . . . . . . . . . . . . . (13) (10) — — —
Cash flows related to derivative
financial liabilities gross settled:
Derivative contracts — receipts. . 16 207 635 70 — —
Derivative contracts —
payments . . . . . . . . . . . . . . . . (16 317) (633) (65) — —
Accounts payable
(1)
............ (6986) (88) — — —
(1)
The fair values of trade receivables and payables are assumed to approximate their carrying
values due to their short term nature.
(2)
Accounts receivable maturity analysis does not include accrued receivables and receivables
accounted based on the percentage of completion method of EUR 1 528 million
(2007: EUR 1 700 million).
F81
Notes to the Consolidated Financial Statements (Continued)