55 / 488
46
Wiley IFRS: Practical Implementation Guide and Workbook
19 .
EXTRACTS F ROM P UBLISHED F INANCIAL S TATEMENTS
19 .1 NOKIA,2006
C onsolidated Cash Flow Statem ents, IFRS
F inancial Year E nded December 31
(/11
euros millions)
Notes
2006
2005
2004
Cash now from ope rating activities
Profit attributable to equity holders of the parent
4,306
3,616
3, 192
Adjustments, total
34
1,857
1 774
~
Profit attributable to equity holders of the parent before
change in net working capita l
34
6,163
5,390
5,251
Change in net working capital
-.em)
(66)
--.W.
Cash generated from opera tions
5,370
5,024
5,492
Interest received
235
353
204
Interest paid
(18)
(26)
(26)
Other financial income and expen ses, net received
54
47
41
Income taxes paid
LL..!.Q3.)
(I
254)
(I
368)
Net cash from opera ting activities
4,478
4, 144)
4,343
Cash now fro m inves ting activ ities
Acquisition of Group companies, net of acquired cash
(517)
(92)
Purchase of current available-for-sale investments, liquid
assets
(3,219)
(7,277)
(10,318)
Purchase of noncurrent available-fo r-sale investments
(88)
(89)
(388)
Purchase of shares in associated companies
(15)
(16)
( 109)
Additions to capitalized development costs
(127)
(153)
(101)
Long-term loans made to customers
(I I)
(56)
Proceeds from repayment and sale of long-term loans
receivab le
56
368
Recovery of impaired long-term loans made to customers
276
Proceeds from (+)/payment of (-) other long-term
receivables
(3)
14
2
Proceeds from short-term loans receivable
199
182
66
Capita l expenditures
(650)
(607)
(548)
Proceeds from disposal of shares in Gro up companies, net
of disposed cash
5
Proceeds from disposa l of shares in associated companies
95
Proceeds from disposal of business
Proceeds from maturities and sale of current availa ble-for-
sale investments, liquid assets
5,058
9,402
9,737
Proceeds from sale of current available-for-sale
investments
247
587
Proceeds from sale of noncurrent available-for-sale
investments
17
3
346
Proceeds from sale of fixed assets
29
167
6
Dividends received
_ _I
-ll
Net cash from (used in) investing activitie s
1,006
1,844
(329)
Cas h now fro m finan cing acti vities
Proceeds from stock option exerc ises
46
2
Purchase of treasury shares
(3,37 1)
(4,258)
(2,648)
Proceeds from long-term borrowings
56
5
I
Repayment of long-term borrowings
(7)
(3)
Proceed s from (+)/repayment of (- ) short-term borrowings
(137)
212
(255)
Dividends paid
(I
553)
usan
!.Lill)
Net cash used in financing activities
(4,966)
(5,570)
(4,3 18)
Foreign exchange adjustments
-----ill)
-.ill
-ill)
Net increase (+)/decrease (- ) in cash and cash equivalents
467
60 1
(327)
Cash and cash equiva lents at beginning of period
3058
2457
2784
Cash and cash equivalents at end of period
;l.ill
3Jli8
2.4i1
Cash and cash equivalents comprise of
Bank and cash
1,479
1,565
1,090
Current available-for-sale investments, cash equiva lents 16& 37
2046
1493
1 367
3...ill.
3Jli8
2 457
See not es to consolida ted fina nc ial stateme nts .
The fi gures in th e consolida ted cash flow stateme nt ca nno t be directl y traced fro m the balance sheet
wi tho ut ad d itional informatio n as a result of ac quisitio ns and di sposal s of subsidiaries and net foreign
exchange d ifferen ces arising on consolidation.