Nokia 2007 Annual Report Download - page 147

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Nokia Corporation and Subsidiaries
Consolidated Balance Sheets
Notes 2007 2006
December 31
EURm EURm
ASSETS
Noncurrent assets
Capitalized development costs .................................... 12 378 251
Goodwill . .................................................... 12 1 384 532
Other intangible assets. ......................................... 12 2 358 298
Property, plant and equipment.................................... 13 1 912 1 602
Investments in associated companies .............................. 14 325 224
Availableforsale investments .................................... 15 341 288
Deferred tax assets ............................................. 24 1 553 809
Longterm loans receivable . . .................................... 16,25 10 19
Other noncurrent assets ........................................ 44 8
8 305 4 031
Current assets
Inventories ................................................... 17,19 2 876 1 554
Accounts receivable, net of allowances for doubtful accounts (2007: EUR
332 million, 2006: EUR 212 million) .............................. 19,35 11 200 5 888
Prepaid expenses and accrued income .............................. 18 3 070 2 496
Current portion of longterm loans receivable ........................ 35 156 —
Other financial assets . . ......................................... 239 111
Availableforsale investments, liquid assets ......................... 15,35 4 903 5 012
Availableforsale investments, cash equivalents . . . ................... 15,32,35 4 725 2 046
Bank and cash . . .............................................. 32,35 2 125 1 479
29 294 18 586
Total assets .................................................. 37 599 22 617
SHAREHOLDERS’ EQUITY AND LIABILITIES
Capital and reserves attributable to equity holders of the parent
Share capital.................................................. 21 246 246
Share issue premium . . ......................................... 644 2 707
Treasury shares, at cost ......................................... (3 146) (2 060)
Translation differences . ......................................... (163) (34)
Fair value and other reserves . .................................... 20 23 (14)
Reserve for invested nonrestricted equity ........................... 3 299 —
Retained earnings ............................................. 13 870 11 123
14 773 11 968
Minority interests ............................................. 2 565 92
Total equity.................................................. 17 338 12 060
Noncurrent liabilities
Longterm interestbearing liabilities . .............................. 23,35 203 69
Deferred tax liabilities . ......................................... 24 963 205
Other longterm liabilities . . . .................................... 119 122
1 285 396
Current liabilities
Current portion of longterm loans. . . .............................. 35 173 —
Shortterm borrowings . ......................................... 35 898 247
Accounts payable .............................................. 35 7 074 3 732
Accrued expenses .............................................. 25 7 114 3 796
Provisions .................................................... 27 3 717 2 386
18 976 10 161
Total shareholders’ equity and liabilities ......................... 37 599 22 617
See Notes to Consolidated Financial Statements.
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