Nokia 2007 Annual Report Download - page 186

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14. Investments in associated companies
2007 2006
EURm EURm
Net carrying amount January 1 .............................................. 224 193
Translation differences .................................................... (2)
Additions ............................................................... 19 19
Acquisitions ............................................................. 67
Deductions .............................................................. (6) (1)
Impairments ............................................................ (7)
Share of results .......................................................... 44 28
Dividends ............................................................... (12)
Other movements ........................................................ (4) (13)
Net carrying amount December 31 ........................................... 325 224
Shareholdings in associated companies are comprised of investments in unlisted companies in all
periods presented.
15. Availableforsale investments
Availableforsale investments included the following:
Current Noncurrent Current Noncurrent
2007 2006
EURm EURm EURm EURm
Fixed income and moneymarket investments carried at
fair value ..................................... 9 628 7 058
Available for sale investments in publicly quoted equity
shares ....................................... —10 —8
Other available for sale investments carried at fair
value ........................................ — 184 — 177
Other available for sale investments carried at cost less
impairment ................................... — 147 — 103
9 628 341 7 058 288
The current fixed income and money market investments, carried at fair value, included available for
sale liquid assets of EUR 4 903 million (EUR 5 012 million in 2006) and cash equivalents of
EUR 4 725 million (EUR 2 046 million in 2006). See Note 35 for details of fixed income and money
market investments.
16. Longterm loans receivable
Carrying amount Fair value Carrying amount Fair value
2007 2006
EURm EURm EURm EURm
Longterm loans receivable carried at
amortised cost ...................... 10 10 19 19
The longterm loans receivable mainly consist of loans made to suppliers and to customers principally
to support their financing of network infrastructure and services or working capital. Their fair value
F43
Notes to the Consolidated Financial Statements (Continued)