Nokia 2013 Annual Report Download - page 85

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83
PARENT COMPANY
STATEMENTS OF CASH FLOWS,
PARENT COMPANY, FAS
Financial year ended 2013 2012
December 31 Notes EURm EURm
Cash fl ow from operating activities
Net loss – 569 – 154
Adjustments, total 13 – 192 – 2131
Cash fl ow before change
in net working capital – 761 – 2285
Change in net working capital 13 292 1631
Cash generated from operations – 469 – 654
Interest received 17 13
Interest paid – 335 – 146
Other fi nancial income and expenses – 33 – 352
Income taxes paid/received 48 – 115
Cash fl ow before extraordinary items – 772 – 1254
Extraordinary income and expenses 204 —
Net cash used in operating activities – 568 – 1254
Cash fl ow from investing activities
Investments in shares – 320 – 70
Capital expenditures – 4 – 9
Proceeds from sale of shares 2 357
Proceeds from sale of other
intangible assets 1 8
Proceeds from other
long-term receivables – 5 64
Proceeds from short-term receivables 820 109
Dividends received 925 1510
Net cash from investing activities 1419 1969
Cash fl ow from fi nancing activities
Proceeds from short-term borrowings 944 – 1184
Proceeds from of long-term borrowings – 1837 961
Dividends paid — – 742
Net cash used in fi nancing activities – 893 – 965
Net decrease in cash
and cash equivalents – 42 – 250
Cash and cash equivalents
at beginning of period 77 327
Cash and cash equivalents at end of period 35 77
See Notes to the financial statements of the parent company.
2013 2012
December 31 Notes EURm EURm
SHAREHOLDERS’ EQUITY AND LIABILITIES
Shareholders’ equity 7
Share capital 246 246
Share issue premium 46 46
Treasury shares 7, 8 – 608 – 634
Fair value reserve 7, 8 – 19 – 46
Reserve for invested
non-restricted equity 7, 8 3099 3120
Retained earnings 7, 8 2773 2927
Net profi t for the year 7, 8 – 569 – 154
4968 5505
Liabilities
Long-term liabilities
Long-term fi nance liabilities
to other companies 9 2590 4480
Short-term liabilities
Deferred tax liabilities — —
Current fi nance liabilities
from Group companies 802 3142
Current fi nance liabilities
from other companies 3253 —
Advance payments
from other companies 543 757
Trade creditors to Group companies 1301 1828
Trade creditors to other companies 623 293
Accrued expenses and prepaid
income to Group companies 125 68
Accrued expenses and prepaid
income to other companies 1554 1916
8201 8004
Total liabilities 10791 12484
Total 15759 17989
See Notes to the financial statements of the parent company.