NOK : NYSE
Industry: Telecommunications Equipment

Balance Sheet
2008
12/31/08
2007
12/31/07
2006
12/31/06
2005
12/31/05
Cash2,3763,1021,9511,850
Short Term Investments8,56314,4049,3119,864
ASSETS
Cash & Short Term Investments10,93917,50711,26311,714
Receivables - Net13,19616,0227,7636,294
Raw Materials723863475427
Work in Progress1,0361,547792810
Finished Goods1,7691,788784735
Inventories - Total3,5284,1992,0501,972
Prepaid Expenses--------
Other Current Assets6,3204,4823,2932,291
CURRENT ASSETS - TOTAL33,98342,20924,36822,271
Land8410710397
Buildings1,7741,4721,2201,022
Machinery & Equipment5,8265,8574,8904,415
Other Property, Plant & Equipment42292920
Property, Plant and Equipment - Gross7,8727,6896,3395,696
Accumulated Depreciation(4,961)(4,898)(4,226)(3,823)
Property, Plant and Equipment - Net2,9112,7912,1131,874
Long Term Receivables135571177204
Investments in Associated Companies134474296228
Other Investments713498380291
Other Tangible Assets1464118
Total Intangible Other Assets - Net14,5046,0151,426663
Other Assets - Total17,2528,3462,5041,671
TOTAL ASSETS52,39452,62228,77025,539
LIABILITIES
Accounts Payable7,27710,3274,9234,130
Short Term Debt & Current Portion of Long Term Debt5,0011,295326446
Accrued Payroll9261,263330273
Other Current Liabilities15,14514,8177,8266,582
CURRENT LIABILITIES - TOTAL28,35027,70213,40511,430
Long Term Debt1,1992969125
Deferred Taxes - Credit2,4891,406270178
Deferred Taxes - Debit2,7342,2671,0671,000
DEFERRED TAXES(245)(861)(797)(822)
Other Liabilities96174161113
TOTAL LIABILITIES29,40027,31112,86010,747
EQUITY
Non-Equity Reserves0000
Minority Interest3,2063,745121242
Preferred Stock0000
Common Stock343359325314
Capital Surplus6169403,5712,905
Unappropriated (Free) Reserves4,6044,816----
Retained Earnings16,28420,24814,67415,730
Unrealized Foreign Exchange Gain/Loss475(238)(45)82
Unrealized Gain/Loss on Marketable Securities8634(18)(208)
Treasury Stock(2,620)(4,593)(2,718)(4,274)
COMMON EQUITY19,78821,56615,78914,550
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY52,39452,62228,77025,539
SHARE INFORMATION
Common Shares Outstanding3,6983,8463,9664,172
2009 Q3
9/30/09
2009 Q2
6/30/09
2009 Q1
3/31/09
2008 Q4
12/31/08
2008 Q3
9/30/08
Cash------2,376--
ASSETS
Cash & Short Term Investments11,55610,36011,35410,93910,172
Receivables - Net12,11712,25511,88213,19615,748
Inventories - Total2,9782,7673,0163,5284,565
Prepaid Expenses6,8466,4116,001--5,262
Other Current Assets0006,3200
CURRENT ASSETS - TOTAL33,49831,79432,25333,98335,747
Property, Plant and Equipment - Gross------7,872--
Accumulated Depreciation------(4,961)--
Property, Plant and Equipment - Net2,8262,8202,7372,9112,879
Investments in Associated Companies10497125134471
Total Intangible Other Assets - Net12,26413,80413,91414,50414,096
Other Assets - Total15,36517,56817,47418,10017,550
TOTAL ASSETS49,47749,29349,78952,39453,969
LIABILITIES
Accounts Payable7,4177,4006,8727,2778,958
Short Term Debt & Current Portion of Long Term Debt1,2472,0283,5665,0016,523
Other Current Liabilities14,20614,06614,06316,07115,744
CURRENT LIABILITIES - TOTAL22,87123,49424,50128,35031,225
Long Term Debt6,5115,7214,0471,199245
Deferred Taxes - Credit1,9992,1182,2002,4892,527
Deferred Taxes - Debit2,3152,9862,7992,7342,678
DEFERRED TAXES(316)(868)(599)(245)(150)
Other Liabilities94948996224
TOTAL LIABILITIES29,16028,44028,03929,40031,543
EQUITY
Non-Equity Reserves00000
Minority Interest2,5802,9242,8363,2063,312
Preferred Stock00000
Common Stock360345324343346
Capital Surplus401419482616750
Retained Earnings13,43313,65914,25116,28415,675
Unrealized Foreign Exchange Gain/Loss(196)303930475300
Unrealized Gain/Loss on Marketable Securities105(278)(276)8672
Treasury Stock1,016(978)(1,020)(2,620)(2,699)
COMMON EQUITY17,73817,92818,91419,78819,114
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY49,47749,29349,78952,39453,969
SHARE INFORMATION
Common Shares Outstanding3,7083,7073,7033,6983,696
() = Negative Values
Values are displayed in Millions except for earnings per share and where noted