Nokia 2015 Annual Report Download - page 157
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155
Financial statements
NOKIA IN 2015
17. Property, plant and equipment
EURm
Buildings and
constructions
Machinery and
equipment
Other tangible
assets
Assets under
construction Total
Acquisition cost atJanuary 1, 2014 336 1 748 40 24 2 148
Transfer from assets held for sale 76 3 4 – 83
Translation dierences 25 103 – 1 129
Additions 28 205 –15 248
Acquisitions through business combinations – 2 – – 2
Reclassications 12 6 1 (21) (2)
Disposals and retirements (39) (213) (4) –(256)
Acquisition cost at December 31, 2014 438 1 854 41 19 2 352
Accumulated depreciation at January 1, 2014 (157) (1 404) (21) – (1 582)
Translation dierences (13) (75) 1 – (87)
Disposals and retirements 30 202 – – 232
Depreciation (40) (157) (2) –(199)
Accumulated depreciation at December 31, 2014 (180) (1 434) (22) – (1 636)
Net book value at January 1, 2014 179 344 19 24 566
Net book value at December 31, 2014 258 420 19 19 716
Acquisition cost atJanuary 1, 2015 438 1 854 41 19 2 352
Translation dierences 32 134 1 – 167
Additions 62 186 15 16 279
Acquisitions through business combinations 2 5 – – 7
Reclassications 12 4 – (16) –
Disposals and retirements(1) (119) (437) (16) (4) (576)
Acquisition cost at December 31, 2015 427 1 746 41 15 2 229
Accumulated depreciation at January 1, 2015 (180) (1 434) (22) – (1 636)
Translation dierences (18) (114) (1) –(133)
Disposals and retirements(1) 71 365 16 –452
Depreciation (47) (168) (2) –(217)
Accumulated depreciation at December 31, 2015 (174) (1 351) (9) – (1 534)
Net book value at January 1, 2015 258 420 19 19 716
Net book value at December 31, 2015 253 395 32 15 695
(1) In 2015, disposals and retirements include buildings and constructions with acquisition cost of EUR 81 million and accumulated depreciation of EUR 35 million, machinery and equipment with
acquisition cost of EUR 305 million and accumulated depreciation of EUR 239 million and assets under construction with acquisition cost of EUR 3 million disposed as part of the Sale of the HERE Business.
In 2014, the tax authorities in India placed a lien which prohibited the Group from transferring the mobile devices-related facility in Chennai to
Microsoft as part of the Sale of the D&S Business.