The quarterly and annual financial statements for Nokia Corporation are available at www nokia com Locate the most recent annual financial statements Examine the information in the report and answer the following questions about Nokia 's statement of changes in equity (a) What is Nokia Corporation ...

a 2295 million for the year ended 31 December 2010 b 1343 million for the year ended 31 December 201 ...

The quarterly and annual financial statements for Nokia Corporation are available at www.nokia.com.Locate the most recent annual

Question:

The quarterly and annual for Nokia are available at www.nokia.com.Locate the most recent annual Examine the information in the report and answer the following questions about Nokia's statement of changes in equity.
(a) What is Nokia Corporation's total comprehensive income for the period?
(b) What is Nokia Corporation's profit for the period?
(c) Why is Nokia Corporation's total recognised income and expense different from its profit?
(d) Identify and state the amount of Nokia Corporation's transactions with equity holders as equity holders during the period.
(e) Does the profit in the statement of changes in equity agree with that in the income statement?
(f) Does the balance of retained earnings at the end of the period agree with that in the balance sheet?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...