Nokia 2015 Annual Report Download - page 198

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196 NOKIA IN 2015
14. Investments
EURm 2015 2014
Investments in subsidiaries
Net carrying amount at January 1 10 151 10 625
Additions(1) – 4 970
Impairment(2) (24) (3 800)
Disposals(3) (3 835) (1 644)
Net carrying amount at December 31 6 292 10 151
Investments in associated companies
Net carrying amount at January 1 and December 31 33
Available-for-sale investments
Net carrying amount at January 1 105 108
Additions 16 15
Impairment –(12)
Other changes 12 –
Disposals (1) (6)
Net carrying amount at December 31 132 105
(1) In 2014, related to the formation of Nokia Technologies Oy.
(2) In 2014, the carrying values of shareholdings in subsidiaries were reviewed resulting in impairment charges in Nokia Inc. and the HERE business.
(3) In 2015, relates to the Sale of the HERE Business. In 2014, relates to the Sale of the D&S Business.
Investments in associated companies
Associated company
Ownership
%
Carrying amount
EURk
Sapura-Nokia Telecommunication Sdn Bhd 40% 1 242
Noksel A.S 20% 986
Sapura Nokia Software Sdn Bhd 50% 375
Notes to Parent Company nancial statements continued