Nokia Oyj (FRA:NOA3)

Nokia Oyj Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,797	6,623	6,234	5,467	6,691	6,940
Short-Term Investments	755	1,661	1,565	3,080	2,577	1,140
Trading Asset Securities	-	28	24	-	-	-
Cash & Short-Term Investments	5,552	8,312	7,823	8,547	9,268	8,080
Cash Growth	-36.30%	6.25%	-8.47%	-7.78%	14.70%	32.24%
Accounts Receivable	4,581	5,942	6,057	6,752	6,528	6,583
Other Receivables	1,121	969	1,071	984	1,009	1,096
Receivables	5,702	6,911	7,128	7,736	7,537	7,679
Inventory	2,479	2,163	2,719	3,265	2,392	2,242
Prepaid Expenses	-	-	-	103	64	-
Other Current Assets	529	601	496	615	336	214
Total Current Assets	14,262	17,987	18,166	20,266	19,597	18,215
Property, Plant & Equipment	2,432	2,120	2,857	2,944	2,808	2,588
Long-Term Investments	1,646	1,763	1,903	1,854	1,001	978
Goodwill	6,019	5,736	5,504	5,667	6,552	5,074
Other Intangible Assets	1,571	802	1,086	1,263	499	1,953
Long-Term Deferred Tax Assets	3,635	3,599	3,873	3,834	1,272	1,822
Other Long-Term Assets	6,463	7,142	6,471	7,115	8,320	5,561
Total Assets	36,028	39,149	39,860	42,943	40,049	36,191
Accounts Payable	2,979	3,213	3,423	4,730	3,679	3,174
Accrued Expenses	-	-	-	3,002	3,125	2,921
Current Portion of Long-Term Debt	749	979	582	327	116	561
Current Portion of Leases	202	199	198	184	185	189
Current Income Taxes Payable	198	207	203	185	202	188
Current Unearned Revenue	1,498	1,506	2,157	1,977	2,448	2,549
Other Current Liabilities	4,149	5,290	4,370	2,369	2,346	2,179
Total Current Liabilities	9,775	11,394	10,933	12,774	12,101	11,761
Long-Term Debt	2,342	2,918	3,637	4,249	4,537	5,015
Long-Term Leases	807	664	799	858	824	721
Long-Term Unearned Revenue	222	185	210	120	659	1,026
Long-Term Deferred Tax Liabilities	507	562	725	332	282	260
Other Long-Term Liabilities	596	596	629	725	776	817
Total Liabilities	16,215	18,402	19,232	21,517	22,587	23,646
Common Stock	246	246	246	246	246	246
Additional Paid-In Capital	880	734	628	503	454	443
Retained Earnings	1,608	1,956	1,404	1,375	-2,537	-4,143
Treasury Stock	-352	-431	-352	-352	-352	-352
Comprehensive Income & Other	17,339	18,152	18,611	19,561	19,549	16,271
Total Common Equity	19,721	20,657	20,537	21,333	17,360	12,465
Minority Interest	92	90	91	93	102	80
Shareholders' Equity	19,813	20,747	20,628	21,426	17,462	12,545
Total Liabilities & Equity	36,028	39,149	39,860	42,943	40,049	36,191
Total Debt	4,100	4,760	5,216	5,618	5,662	6,486
Net Cash (Debt)	1,452	3,552	2,607	2,929	3,606	1,594
Net Cash Growth	-64.66%	36.25%	-10.99%	-18.77%	126.22%	98.51%
Net Cash Per Share	0.26	0.64	0.47	0.52	0.63	0.28
Filing Date Shares Outstanding	5,379	5,373	5,526	5,587	5,635	5,617
Total Common Shares Outstanding	5,379	5,373	5,526	5,587	5,635	5,617
Working Capital	4,487	6,593	7,233	7,492	7,496	6,454
Book Value Per Share	3.67	3.84	3.72	3.82	3.08	2.22
Tangible Book Value	12,131	14,119	13,947	14,403	10,309	5,438
Tangible Book Value Per Share	2.26	2.63	2.52	2.58	1.83	0.97
Land	-	-	1,434	1,409	1,228	1,265
Machinery	-	-	3,547	3,589	3,371	3,135
Construction In Progress	-	-	167	248	280	137
Order Backlog	-	20,000	22,000	19,500	20,300	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.