Nokia Corporation Monitor

Nokia Corporation Annual Report 2017
CR Monitor Issue: 
Company covered: 
Nokia Corporation
Period End: 
31 December, 2017
Report issued on 29 May 2018 covered the following practice issues:
Extended disclosure in respect of new standards issued but not yet adopted IFRS 9 and IFRS 15.
Introduction of a reconciliation of movements in liabilities arising from financing activities.
Change in segment reporting structure following split of former operating segment.
Change in cost allocations in the income statement.

Provisions under IFRS

The focus of this report is the disclsoure of provisions within IFRS financial statements. Included is an examination of company disclosures relating to individual classes of provision such as nature and timing as well as movements during the year. Our analysis is based on the financial statements of 26 large listed European companies drawn from a broad range of countries and industries. 

Inventories - Nokia Oyj

Period End: 
31 December 2011
Period End Date: 
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3743 Consumer Electronics

Inventories under IFRS

Based on a sample of 28 large listed European companies that report under IFRS, supplemented by Company Reporting data and comment, this report analyses the disclosure of inventory accounting practice. Included is an examination of company disclosures relating to cost allocation formulae and a survey of the methods identified.

Nokia Oyj Period End 31 Dec 2007

Nokia Annual Report 2007

Gain on part disposal to minority interest recognised in income
Finnish mobile phone maker Nokia has contributed one of its businesses to a new subsidiary in which it has a 50% interest and recognises €1.88 billion gain in the income statement, representing 22.7% of pre-tax profit.