Nokia 2010 Annual Report Download - page 192

Nokia Corporation and Subsidiaries
Consolidated Statements of Financial Position
Notes 2010 2009
December 31
EURm EURm
ASSETS
Noncurrent assets
Capitalized development costs . . . ................................. 13 40 143
Goodwill..................................................... 13 5 723 5 171
Other intangible assets . . . ...................................... 13 1 928 2 762
Property, plant and equipment . . ................................. 14 1 954 1 867
Investments in associated companies . . . ........................... 15 136 69
Availableforsale investments . . . ................................. 16 533 554
Deferred tax assets . ........................................... 25 1 596 1 507
Longterm loans receivable ...................................... 16,35 64 46
Other noncurrent assets . . ...................................... 16 4 6
11 978 12 125
Current assets
Inventories. . ................................................. 18,20 2 523 1 865
Accounts receivable, net of allowances for doubtful
accounts (2010: EUR 363 million, 2009: EUR 391 million) . . ........... 16,20,35 7 570 7 981
Prepaid expenses and accrued income. . . ........................... 19 4 360 4 551
Current portion of longterm loans receivable . . ...................... 16,35 39 14
Other financial assets ........................................... 16,17,35 378 329
Investments at fair value through profit and loss, liquid assets .......... 16,35 911 580
Availableforsale investments, liquid assets . . . ...................... 16,35 3 772 2 367
Availableforsale investments, cash equivalents ...................... 16,35 5 641 4 784
Bank and cash ................................................ 35 1 951 1 142
27 145 23 613
Total assets ................................................. 39 123 35 738
SHAREHOLDERS’ EQUITY AND LIABILITIES
Capital and reserves attributable to equity holders of the parent
Share capital ................................................. 23 246 246
Share issue premium ........................................... 312 279
Treasury shares, at cost . . . ...................................... (663) (681)
Translation differences .......................................... 22 825 (127)
Fair value and other reserves ..................................... 21 3 69
Reserve for invested nonrestricted equity........................... 3 161 3 170
Retained earnings . . ........................................... 10 500 10 132
14 384 13 088
Noncontrolling interests ...................................... 1 847 1 661
Total equity ................................................. 16 231 14 749
Noncurrent liabilities
Longterm interestbearing liabilities............................... 16,35 4 242 4 432
Deferred tax liabilities .......................................... 25 1 022 1 303
Other longterm liabilities . ...................................... 88 66
5 352 5 801
Current liabilities
Current portion of longterm loans ................................ 16,35 116 44
Shortterm borrowings . . . ...................................... 16,35 921 727
Other financial liabilities . . ...................................... 16,17,35 447 245
Accounts payable . . . ........................................... 16,35 6 101 4 950
Accrued expenses and other liabilities . . . ........................... 26 7 365 6 504
Provisions . . ................................................. 27 2 590 2 718
17 540 15 188
Total shareholders’ equity and liabilities ......................... 39 123 35 738
See Notes to Consolidated Financial Statements.
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