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Accrued expenses, deferred revenue and other liabilities
12 Months Ended
Dec. 31, 2017
Accrued expenses, deferred revenue and other liabilities  
Accrued expenses, deferred revenue and other liabilities

28. Accrued expenses, deferred revenue and other liabilities

Non-current liabilities

 

 

 

 

 

EURm

    

2017

    

2016

Advance payments and deferred revenue(1)

 

2 204

 

1 171

Discounted non-interest-bearing liabilities(2)

 

690

 

23

Salaries, wages and social charges

 

59

 

138

Other

 

33

 

121

Total

 

2 986

 

1 453

 

Current liabilities

 

 

 

 

 

EURm

    

2017

    

2016

Advance payments and deferred revenue(1)

 

3 513

 

3 178

Salaries, wages and social charges

 

1 551

 

1 576

VAT and other indirect taxes

 

453

 

362

Other

 

1 149

 

1 296

Total

 

6 666

 

6 412

 

(1)

Non-current deferred revenue includes EUR 924 million (EUR 1 080 million in 2016) and current deferred revenue includes EUR 155 million (EUR 155 million in 2016) prepayment relating to a ten-year mutual patent license agreement with Microsoft.

(2)

Includes EUR 672 million financial liability related to the conditional obligation to China Huaxin as part of the Nokia Shanghai Bell definitive agreements where China Huaxin obtained the right to fully transfer its ownership interest in Nokia Shanghai Bell to the Group in exchange for a future cash settlement. Refer to Note 33, Significant partly-owned subsidiaries.

Other accruals include accrued royalties, research and development expenses, marketing expenses and interest expenses, as well as various amounts which are individually insignificant.