Nokia 2007 Annual Report Download - page 151

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Number of
shares (000’s)
Share
capital
Share
issue
premium
Treasury
shares
Translation
differences
Fair
value
and
other
reserves
Reserve for
invested
nonrestricted
equity
Retained
earnings
Before
minority
interests
Minority
interests Total
Balance at December 31, 2006 ... 3 965 730 246 2 707 (2 060) (34) (14) 11 123 11 968 92 12 060
Excess tax benefit on sharebased
compensation ............ 128 128 128
Translation differences ........ (167) (167) 16 (151)
Net investment hedge gains, net
oftax ................. 38 38 38
Cash flow hedges, net of tax . . . . (11) (11) (11)
Availableforsale investments,
netoftax............... 48 48 48
Other decrease, net . . ........ (40) (40) (40)
Profit . . ................. 7 205 7 205 (459) 6 746
Total recognized income and
expense ................. 128 (129) 37 7 165 7 201 (443) 6 758
Stock options exercised ....... 57269 0 46 932 978 978
Stock options exercised related
to acquisitions ............ (3) (3) (3)
Sharebased compensation . . . . . 228 228 228
Settlement of performance and
restricted shares. . . ........ 3138 (104) 58 9 (37) (37)
Acquisition of treasury shares . . . (180 590) (3 884) (3 884) (3 884)
Reissuance of treasury shares. . . . 403 7 7 7
Cancellation of treasury shares . . . 2 733 (2 733)
Share premium reduction and
transfer . ............... (2358) 2358 — —
Dividend ................. (1 685) (1 685) (75) (1 760)
Minority interest on formation of
Nokia Siemens Networks . . . . . 2 991 2 991
Total of other equity
movements .............. 0 (2 191) (1 086) 3 299 (4 418) (4 396) 2 916 (1 480)
Balance at December 31, 2007 ... 3 845 950 246 644 (3 146) (163) 23 3 299 13 870 14 773 2 565 17 338
(1) In 2005 and 2006, sharebased compensation is shown net of deferred compensation recorded
related to social security costs on sharebased payments.
Dividends declared per share were EUR 0.53 for 2007 (EUR 0.43 for 2006 and EUR 0.37 for 2005),
subject to shareholders’ approval.
See Notes to Consolidated Financial Statements.
F8
Nokia Corporation and Subsidiaries
Consolidated Statements of Changes in Shareholders’ Equity (Continued)