Nokia 2009 Annual Report Download - page 178

Nokia Corporation and Subsidiaries
Consolidated Statements of Financial Position
Notes 2009 2008
EURm EURm
December 31
ASSETS
Noncurrent assets
Capitalized development costs . . . ................................. 12 143 244
Goodwill..................................................... 12 5 171 6 257
Other intangible assets . . . ...................................... 12 2 762 3 913
Property, plant and equipment . . ................................. 13 1 867 2 090
Investments in associated companies . . . ........................... 14 69 96
Availableforsale investments . . . ................................. 15 554 512
Deferred tax assets . ........................................... 24 1 507 1 963
Longterm loans receivable ...................................... 15,33 46 27
Other noncurrent assets . . ...................................... 15 6 10
12 125 15 112
Current assets
Inventories. . ................................................. 17,19 1 865 2 533
Accounts receivable, net of allowances for doubtful
accounts (2009: EUR 391 million, 2008: EUR 415 million) . . ........... 15,19,33 7 981 9 444
Prepaid expenses and accrued income. . . ........................... 18 4 551 4 538
Current portion of longterm loans receivable . . ...................... 15,33 14 101
Other financial assets ........................................... 15,16,33 329 1 034
Investments at fair value through profit and loss, liquid assets .......... 15,33 580 —
Availableforsale investments, liquid assets . . . ...................... 15,33 2 367 1 272
Availableforsale investments, cash equivalents ...................... 15,33 4 784 3 842
Bank and cash ................................................ 33 1 142 1 706
23 613 24 470
Total assets ................................................. 35 738 39 582
SHAREHOLDERS’ EQUITY AND LIABILITIES
Capital and reserves attributable to equity holders of the parent
Share capital ................................................. 22 246 246
Share issue premium ........................................... 279 442
Treasury shares, at cost . . . ...................................... (681) (1 881)
Translation differences .......................................... 21 (127) 341
Fair value and other reserves ..................................... 20 69 62
Reserve for invested nonrestricted equity........................... 3 170 3 306
Retained earnings . . ........................................... 10 132 11 692
13 088 14 208
Minority interests ............................................ 1 661 2 302
Total equity ................................................. 14 749 16 510
Noncurrent liabilities
Longterm interestbearing liabilities............................... 15,33 4 432 861
Deferred tax liabilities .......................................... 24 1 303 1 787
Other longterm liabilities . ...................................... 66 69
5 801 2 717
Current liabilities
Current portion of longterm loans ................................ 15,33 44 13
Shortterm borrowings . . . ...................................... 15,33 727 3 578
Other financial liabilities . . ...................................... 15,16,33 245 924
Accounts payable . . . ........................................... 15,33 4 950 5 225
Accrued expenses. . . ........................................... 25 6 504 7 023
Provisions . . ................................................. 26 2 718 3 592
15 188 20 355
Total shareholders’ equity and liabilities ......................... 35 738 39 582
See Notes to Consolidated Financial Statements.
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