Nokia Oyj (NOK)

Nokia Oyj Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	7,043	6,234	5,467	6,691	6,940	5,910
Short-Term Investments	1,714	1,565	3,080	2,577	1,140	200
Trading Asset Securities	-	24	-	-	-	-
Cash & Short-Term Investments	8,757	7,823	8,547	9,268	8,080	6,110
Cash Growth	38.93%	-8.47%	-7.78%	14.70%	32.24%	-13.05%
Accounts Receivable	3,875	6,057	6,752	6,528	6,583	6,514
Other Receivables	1,164	884	984	1,009	1,096	1,167
Receivables	5,039	6,941	7,736	7,537	7,679	7,681
Inventory	2,532	2,719	3,265	2,392	2,242	2,936
Prepaid Expenses	-	187	103	64	-	-
Other Current Assets	1,273	496	615	336	214	81
Total Current Assets	17,601	18,166	20,266	19,597	18,215	16,808
Property, Plant & Equipment	2,031	2,857	2,944	2,808	2,588	2,768
Long-Term Investments	1,599	1,784	1,854	1,001	978	1,350
Goodwill	5,425	5,504	5,667	6,552	5,074	5,527
Other Intangible Assets	870	1,086	1,263	499	1,953	2,429
Long-Term Deferred Tax Assets	3,675	3,873	3,834	1,272	1,822	5,124
Other Long-Term Assets	6,684	6,590	7,115	8,320	5,561	5,122
Total Assets	37,885	39,860	42,943	40,049	36,191	39,128
Accounts Payable	2,783	3,423	4,730	3,679	3,174	3,786
Accrued Expenses	-	2,345	3,002	3,125	2,921	2,476
Current Portion of Long-Term Debt	953	582	327	116	561	292
Current Portion of Leases	211	198	184	185	189	259
Current Income Taxes Payable	158	203	185	202	188	187
Current Unearned Revenue	1,680	2,157	1,977	2,448	2,549	2,907
Other Current Liabilities	4,715	2,025	2,369	2,346	2,179	2,148
Total Current Liabilities	10,500	10,933	12,774	12,101	11,761	12,055
Long-Term Debt	2,785	3,637	4,249	4,537	5,015	3,985
Long-Term Leases	661	799	858	824	721	771
Long-Term Unearned Revenue	147	210	120	659	1,026	1,530
Long-Term Deferred Tax Liabilities	638	725	332	282	260	390
Other Long-Term Liabilities	547	629	725	776	817	653
Total Liabilities	17,431	19,232	21,517	22,587	23,646	23,727
Common Stock	246	246	246	246	246	246
Additional Paid-In Capital	758	628	503	454	443	427
Retained Earnings	1,309	1,404	1,375	-2,537	-4,143	-1,613
Treasury Stock	-645	-352	-352	-352	-352	-352
Comprehensive Income & Other	18,686	18,611	19,561	19,549	16,271	16,617
Total Common Equity	20,354	20,537	21,333	17,360	12,465	15,325
Minority Interest	100	91	93	102	80	76
Shareholders' Equity	20,454	20,628	21,426	17,462	12,545	15,401
Total Liabilities & Equity	37,885	39,860	42,943	40,049	36,191	39,128
Total Debt	4,610	5,216	5,618	5,662	6,486	5,307
Net Cash (Debt)	4,147	2,607	2,929	3,606	1,594	803
Net Cash Growth	266.67%	-10.99%	-18.77%	126.22%	98.51%	-74.95%
Net Cash Per Share	0.75	0.47	0.52	0.63	0.28	0.14
Filing Date Shares Outstanding	5,453	5,526	5,587	5,635	5,617	5,606
Total Common Shares Outstanding	5,453	5,526	5,587	5,635	5,617	5,606
Working Capital	7,101	7,233	7,492	7,496	6,454	4,753
Book Value Per Share	3.73	3.72	3.82	3.08	2.22	2.73
Tangible Book Value	14,059	13,947	14,403	10,309	5,438	7,369
Tangible Book Value Per Share	2.58	2.52	2.58	1.83	0.97	1.31
Land	-	1,434	1,409	1,228	1,265	1,267
Machinery	-	3,547	3,589	3,371	3,135	3,018
Construction In Progress	-	167	248	280	137	143
Order Backlog	-	22,000	19,500	20,300	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.