Nokia 2013 Annual Report Download - page 78

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NOKIA IN 2013
76
Duebetween Duebetween Duebetween
Total Duewithin 3 and 1 and 3 and Duebeyond
amount 1,2 3 months 12months 3years 5years 5years
Rating
3 EURm EURm EURm EURm EURm EURm
AtDecember31, 2013
Banks Aaa   — — — —
Aa – Aa   — — — —
A – A   — — — —
Baa – Baa   — — —
Nonrated 159 159 — — — —
Governments Aaa     — 
Aa1 – Aa3 572 176 39 357 — —
Other Aaa — — — — — —
Aa – Aa — — — — — —
A – A  —  — — —
Baa – Baa — — — — — —
Ba1 – C — — — — — —
Total 5 295 4 380 243 561 — 111
AtDecember31, 2012
Banks Aaa   — — — —
Aa – Aa   — — —
A – A    — — —
Baa – Baa   — — —
Non rated 215 215 — — — —
Governments Aaa      
Aa1 – Aa3 401 37 57 24 283 —
Other Aaa — — — — — —
Aa – Aa — — — — — —
A – A  — —  — —
Baa – Baa — — — — — —
Ba – C — — — — — —
Non rated 2 — 2 — — —
Total 6 405 5 772 115 76 303 139
Fixed income and money-market investments include term deposits, in-
vestments in liquidity funds and investments in fixed income instruments
classified as available-for-sale investments and investments at fair value
through profit and loss. Liquidity funds invested solely in government
securities are included under Governments. Other liquidity funds are
included under Banks.
Included within fixed income and money-market investments is EUR 
million of restricted investment at December ,  (EUR  million at
December , ). They are restricted financial assets under various
contractual or legal obligations.
Bank parent company ratings used here for bank groups. In some emerg-
ing markets countries actual bank subsidiary ratings may differ from
parent company rating.
% of Nokia’s cash in bank accounts is held with banks of
investment grade credit rating (% for ).
The following tables present fi nancial assets and liabilities
subject to off setting under enforceable master netting agree-
ments and similar arrangements.