Nokia 2009 Annual Report Download - page 224

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14. Investments in associated companies (Continued)
(1)
On December 2, 2008, the Group completed its acquisition of 52.1% of the outstanding common
stock of Symbian Ltd, a UK based software licensing company. As a result of this acquisition, the
Group’s total ownership interest has increased from 47.9% to 100% of the outstanding common
stock of Symbian. See Note 8.
Shareholdings in associated companies are comprised of investments in unlisted companies in all
periods presented.
15. Fair value of financial instruments
At December 31, 2009
Current
availablefor
sale financial
assets
Noncurrent
availablefor
sale financial
assets
Financial
instruments
at fair
value
through
profit or
loss
Loans and
receivables
measured at
amortised
cost
Financial
liabilities
measured at
amortised
cost
Carrying amounts
Total
carrying
amounts Fair value
EURm EURm EURm EURm EURm EURm EURm
Availableforsale investments in publicly
quoted equity shares ............ 8 8 8
Other availableforsale investments
carried at fair value ............. 257 257 257
Other availableforsale investments
carried at cost less impairment ..... 258 258 258
Longterm loans receivable.......... 46 46 40
Other noncurrent assets ........... 6 6 6
Accounts receivable ............... 7981 7981 7981
Current portion of longterm loans
receivable .................... 14 14 14
Derivative assets ................. 316 316 316
Other current financial assets ........ 13 13 13
Fixed income and moneymarket
investments carried at fair value .... 7151 31 7182 7182
Investments designated at fair value
through profit and loss ........... 580 580 580
Total financial assets .............. 7151 554 896 8060 16661 16655
Longterm interestbearing liabilities . . . 4 432 4 432 4 691
Other longterm noninterest bearing
financial liabilities .............. 2 2 2
Current portion of longterm loans
payable ..................... 44 44 44
Shortterm borrowings ............ 727 727 727
Derivative liabilities .............. 245 245 245
Accounts payable ................ 4950 4950 4950
Total financial liabilities ............ 245 10155 10400 10659
F50
Notes to the Consolidated Financial Statements (Continued)