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Accrued expenses, deferred revenue and other liabilities
12 Months Ended
Dec. 31, 2019
Accrued expenses, deferred revenue and other liabilities  
Accrued expenses, deferred revenue and other liabilities

28. Accrued expenses, deferred revenue and other liabilities

Non-current

 

 

 

 

 

EURm

    

2019

    

2018

Deferred revenue(1)

 

615

 

770

Salaries, wages and social charges

 

45

 

54

Other

 

52

 

28

Total

 

712

 

852

 

Current

 

 

 

 

 

EURm

    

2019

    

2018

Deferred revenue(1)

 

155

 

155

Salaries, wages and social charges

 

1 236

 

1 426

VAT and other indirect taxes

 

359

 

387

Discount accruals(2)

 

385

 

604

Accrued expenses related to customer projects

 

496

 

617

Other

 

692

 

751

Total

 

3 323

 

3 940

(1)

Non-current deferred revenue EUR 615 million (EUR 770 million in 2018) and current deferred revenue EUR 155 million (EUR 155 million in 2018) relates to an IP licensing contract which was determined to be a completed contract as defined in the transition guidance of IFRS 15,  Revenue from Contracts with Customers.

(2)

Discount accruals represent customer credits without any outstanding future performance obligations.

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