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Revenue recognition (Tables)
12 Months Ended
Dec. 31, 2018
Revenue recognition  
Schedule of revenue-related contract assets and liabilities

 

 

 

 

 

EURm

    

As of December 31, 2018

    

As of January 1, 2018

Contract assets

 

1 875

 

1 919

Contract liabilities

 

3 496

 

3 694

Non-current

 

1 113

 

1 216

Current

 

2 383

 

2 478

 

Schedule of revenue components

 

 

 

 

 

 

 

EURm

    

2018

    

2017

    

2016

Continuing operations

 

  

 

  

 

  

Revenue from sale of products and licensing

 

14 003

 

14 216

 

14 543

Revenue from services(1)

 

7 980

 

8 150

 

8 166

Contract revenue recognized under percentage of completion accounting(2)

 

580

 

781

 

932

Total

 

22 563

 

23 147

 

23 641

(1)   Excludes services performed as part of contracts under percentage of completion accounting.

(2)   Contract revenue includes submarine projects, which account for the majority of the revenue.