Nokia 2013 Annual Report Download - page 60

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NOKIA IN 2013
58
22. FAIR VALUE AND OTHER RESERVES
Pension Hedging Available-for-sale Fairvalueandother
remeasurements reserve investments reservestotal
EURm Gross Tax Net Gross Tax Net Gross Tax Net Gross Tax Net
Balance at December31, 2010 10 – 4 6 – 30 3 – 27 26 4 30 6 3 9
Pension remeasurements:
Remeasurements of defi ned benefi t plans – 36 12 – 24 — — — — — — – 36 12 – 24
Cash fl ow hedges:
Net fair value gains (+)/losses (–) — — — 106 – 25 81 — — — 106 – 25 81
Transfer of gains (–)/losses (+) to profi t and loss
account as adjustment to net sales — — — – 166 42 – 124 — — — – 166 42 – 124
Transfer of gains (–)/losses (+) to profi t and loss
account as adjustment to cost of sales — — — 162 – 36 126 — — — 162 – 36 126
Transfer of gains (–)/losses (+) as a basis
adjustment to assets and liabilities 1 — — — 14 – 3 11 — — — 14 – 3 11
Available-for-sale investments:
Net fair value gains (+)/losses (–) — — — — — — 67 — 67 67 — 67
Transfer to profi t and loss account on impairment — — — — — — 22 – 2 20 22 – 2 20
Transfer of net fair value gains (–)/losses (+)
to profi t and loss account on disposal — — — — — — – 19 – 1 – 20 – 19 – 1 – 20
Movements attributable to
non-controlling interests 24 – 7 17 – 8 – 2 – 10 — — — 16 – 9 7
Balance at December31, 2011 – 2 1 – 1 78 – 21 57 96 1 97 172 – 19 153
Pension remeasurements:
Remeasurements of defi ned benefi t plans – 228 22 – 206 — — — — — — – 228 22 – 206
Cash fl ow hedges:
Net fair value gains (+)/losses (–) — — — – 25 21 – 4 — — — – 25 21 – 4
Transfer of gains (–)/losses (+) to profi t and loss
account as adjustment to net sales — — — 390 — 390 — — — 390 — 390
Transfer of gains (–)/losses (+) to profi t and loss
account as adjustment to cost of sales — — — – 406 — – 406 — — — – 406 — – 406
Transfer of gains (–)/losses (+) as a basis
adjustment to assets and liabilities 1 — — — — — — — — — — — —
Available-for-sale investments:
Net fair value gains (+)/losses (–) — — — — — — 32 1 33 32 1 33
Transfer to profi t and loss account on impairment — — — — — — 24 — 24 24 — 24
Transfer of net fair value gains (–)/losses (+)
to profi t and loss account on disposal — — — — — — – 21 — – 21 – 21 — – 21
Movements attributable
to non-controlling interests 83 – 4 79 – 47 — – 47 — — — 36 – 4 32
Balance at December31, 2012 – 147 19 – 128 – 10 — – 10 131 2 133 – 26 21 – 5
Pension remeasurements:
Transfer to discontinued operations 2 31 – 11 20 — — — — — — 31 – 11 20
Remeasurements of defi ned benefi t plans 114 – 6 108 — — — — — — 114 – 6 108
Cash fl ow hedges:
Transfer to discontinued operations 2 — — — 48 — 48 — — — 48 — 48
Net fair value gains (+)/losses (–) — — — 124 — 124 — — — 124 — 124
Transfer of gains (–)/losses (+) to profi t and
loss account as adjustment to net sales — — — – 130 — – 130 — — — – 130 — – 130
Transfer of gains (–)/losses (+) to profi t and
loss account as adjustment to cost of sales — — — – 23 — – 23 — — — – 23 — – 23
Transfer of gains (–)/losses (+) as a basis
adjustment to assets and liabilities 1 — — — — — — — — — — — —
Available-for-sale investments:
Net fair value gains (+)/losses (–) — — — — — — 139 — 139 139 — 139
Transfer to profi t and loss account on impairment — — — — — — 5 — 5 5 — 5
Transfer of net fair value gains (–)/losses (+)
to profi t and loss account on disposal — — — — — — – 95 — – 95 – 95 — – 95
Acquisition of non-controlling interest – 63 3 – 60 44 — 44 – 1 — – 1 – 20 3 – 17
Movements attributable
to non-controlling interests – 28 3 – 25 – 6 — – 6 — — — – 34 3 – 31
Balance at December31, 2013 2 – 93 8 – 85 47 — 47 179 2 181 133 10 143
The adjustments relate to acquisitions completed in . Movements in  after transfer to discontinued operations represents movements of continuing
operations and the balance at December ,  represents the balance of continuing operations.