Nokia 2014 Annual Report Download - page 124

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Financial statements
NOKIA IN 2014122
Contents
Consolidated income statement 124
Consolidated statement of
comprehensive income 125
Consolidated statement of
nancial position 126
Consolidated statement of cash ows 127
Consolidated statement of changes
in shareholders’ equity 128
Notes to consolidated nancial
statements 130
1. Accounting principles 130
2. Segment information 140
3. Disposals treated as
discontinued operations 142
4. Acquisitions 143
5. Revenue recognition 144
6. Expenses by nature 145
7. Personnel expenses 145
8. Pensions 145
9. Depreciation and amortization
by function 149
10. Impairment 149
11. Other income and expenses 151
12. Financial income and expenses 152
13. Income tax 153
14. Deferred taxes 154
15. Earnings per share 155
16. Intangible assets 156
17. Property, plant and equipment 157
18. Investments in associated companies 158
19. Fair value of nancial instruments 158
20. Derivative nancial instruments 162
21. Inventories 163
22. Allowances for doubtful accounts 163
23. Prepaid expenses and
accrued income 163
24. Shares of the Parent Company 164
25. Share-based payment 165
26. Translation dierences 168
27. Fair value and other reserves 169
28. Provisions 170
29. Accrued expenses, deferred revenue
and other liabilities 171
30. Commitments and contingencies 172
31. Contractual obligations 173
32. Notes to the consolidated
statement of cash ows 173
33. Principal Group companies 174
34. Related party transactions 175
35. Risk management 177
Parent Company Income Statement 186
Parent Company Statement
of Financial Position 187
Parent Company Statement
of Cash Flows 189
Notes to Parent Company
Financial statements 190
1. Accounting principles 190
2. Net sales by segment 192