Nokia 2011 Annual Report Download - page 256

16. Fair value of financial instruments
Carrying amounts
Total
carrying
amounts
Fair
value
At December 31, 2011
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
liabilties
measured at
amortized
cost
EURm EURm EURm EURm EURm EURm EURm
Available-for-sale investments in
publicly quoted equity
shares ................... — 7 — — — 7 7
Other available-for-sale
investments carried at fair
value ..................... — 359 — — — 359 359
Other available-for-sale
investments carried at cost
less impairment ............ — 215 — — — 215 215
Long-term loans receivable .... — — — 99 — 99 97
Accounts receivable .......... — — — 7181 — 7181 7181
Current portion of long-term
loans receivable ........... — — — 54 — 54 54
Derivative assets ............. — — 475 — — 475 475
Other current financial assets . . — — — 25 — 25 25
Fixed income and money-
market investments carried at
fair value ................. 8512 60 — — — 8572 8572
Investments designated at fair
value through profit and
loss ...................... — — 433 — — 433 433
Total financial assets ......... 8 512 641 908 7 359 — 17 420 17 418
Long-term interest-bearing
liabilities .................. — — — — 3969 3969 3929
Other long-term non-interest
bearing financial liabilities .... — — — — 3 3 3
Current portion of long-term
loans payable ............. — — — — 357 357 357
Short-term borrowings ........ — — — — 995 995 995
Other financial liabilities ....... — — 483 — — 483 483
Accounts payable ............ — — — — 5532 5532 5532
Total financial liabilities ........ — — 483 — 10 856 11 339 11 299
F-46