Nokia 2014 Annual Report Download - page 160

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158 NOKIA IN 2014
18. Investments in associated companies
EURm 2014 2013
Continuing operations
Net carrying amount at January 1 65 58
Translation dierences 5(1)
Additions 9
Deductions (7)
Share of results (12) 4
Dividend (5)
Net carrying amount at December 31 51 65
Shareholdings in associated companies comprise investments in unlisted companies.
19. Fair value of nancial instruments
EURm
Carrying amounts
Fair
value(1)
Current
available-
for-sale
financial assets
Non-current
available-
for-sale
financial assets
Financial
instruments at
fair value
through profit
or loss
Loans and
receivables
measured at
amortized cost
Financial
liabilities
measured at
amortized cost Total Total
Continuing operations
2014
Available-for-sale investments, publicly quoted
equity shares 14 14 14
Available-for-sale investments, carried at fair value 570 570 570
Available-for-sale investments, carried at cost less
impairment 244 –––244 244
Long-term loans receivable 34 34 28
Accounts receivable 3 430 3 430 3 430
Current portion of long-term loans receivable – – – 1 – 1 1
Other current nancial assets, derivatives 241 241 241
Other current nancial assets, other –––25 25 25
Investments at fair value through prot and loss,
liquid assets 418 418 418
Available-for-sale investments, liquid assets carried
at fair value 2 127 – – – – 2 127 2 127
Available for-sale investments, cash equivalents
carried at fair value 2 643 – – – – 2 643 2 643
Total nancial assets 4 770 828 659 3 490 9 747 9 741
Long-term interest-bearing liabilities(2) – – – – 2 576 2 576 4 058
Current portion of long-term interest-bearing
liabilities(2) – – – – 1 1 1
Short-term borrowing – – – – 115 115 115
Other nancial liabilities, derivatives 174 174 174
Accounts payable – – – – 2 313 2 313 2 313
Total nancial liabilities 174 5 005 5 179 6 661
Notes to consolidated nancial statements continued