Nokia 2009 Annual Report Download - page 232
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21. Translation differences
Gross Tax Net Gross Tax Net Gross Tax Net
Translation
differences, EURm
Net investment
hedging, EURm Total, EURm
Balance at December 31, 2006 .............. (37) — (37) 41 (38) 3 4 (38) (34)
Translation differences:
Currency translation differences ............... (151) — (151) — — — (151) — (151)
Transfer to profit and loss (financial income and
expense)................................ — — — — — — — — —
Net investment hedging:
Net investment hedging gains/(losses).......... — — — 51 (13) 38 51 (13) 38
Transfer to profit and loss (financial income and
expense)................................ — — — — — — — — —
Movements attributable to minority
interests ............................... (16) — (16) — — — (16) — (16)
Balance at December 31, 2007 .............. (204) — (204) 92 (51) 41 (112) (51) (163)
Translation differences:
Currency translation differences ............... 595 — 595 — — — 595 — 595
Transfer to profit and loss (financial income and
expense)................................ — — — — — — — — —
Net investment hedging:
Net investment hedging gains/(losses).......... — — — (123) 32 (91) (123) 32 (91)
Transfer to profit and loss (financial income and
expense)................................ — — — — — — — — —
Movements attributable to minority
interests ............................... — — — — — — — — —
Balance at December 31, 2008 .............. 391 — 391 (31) (19) (50) 360 (19) 341
Translation differences:
Currency translation differences ............... (556) 2 (554) — — — (556) 2 (554)
Transfer to profit and loss (financial income and
expense)................................ (7) — (7) — — — (7) — (7)
Net investment hedging:
Net investment hedging gains/(losses).......... — — — 114 (31) 83 114 (31) 83
Transfer to profit and loss (financial income and
expense)................................ — — — 1 — 1 1 — 1
Movements attributable to minority
interests ............................... 8 1 9 — — — 8 1 9
Balance at December 31, 2009 .............. (164) 3 (161) 84 (50) 34 (80) (47) (127)
F58
Notes to the Consolidated Financial Statements (Continued)