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Provisions (Tables)
12 Months Ended
Dec. 31, 2019
Provisions  
Schedule of provision activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

    

 

    

Project

    

Divestment-

    

Material

    

 

    

 

EURm

    

Restructuring

    

 Warranty 

    

Litigation

    

Environmental

    

losses

    

related

    

liability

    

Other

    

Total

As of January 1, 2018

 

722

 

210

 

130

 

107

 

76

 

76

 

66

 

501

 

1 888

Translation differences

 

 2

 

 –

 

(11)

 

 4

 

 1

 

(5)

 

 2

 

 3

 

(4)

Reclassification

 

(18)

 

 –

 

 9

 

(1)

 

 –

 

 –

 

(1)

 

11

 

 –

Charged to income statement:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

Additional provisions

 

289

 

171

 

32

 

11

 

 –

 

 –

 

81

 

86

 

670

Changes in estimates(1)

 

(51)

 

(75)

 

(9)

 

(3)

 

(10)

 

(5)

 

(51)

 

(206)

 

(410)

Total charged to income statement

 

238

 

96

 

23

 

 8

 

(10)

 

(5)

 

30

 

(120)

 

260

Utilized during year(2)

 

(451)

 

(111)

 

(42)

 

(10)

 

(12)

 

 –

 

(25)

 

(66)

 

(717)

As of December 31, 2018

 

493

 

195

 

109

 

108

 

55

 

66

 

72

 

329

 

1 427

Translation differences

 

 1

 

 –

 

(1)

 

 2

 

 –

 

 1

 

 1

 

 –

 

 4

Reclassification(3)

 

(43)

 

 –

 

(1)

 

 –

 

 –

 

 –

 

 –

 

(9)

 

(53)

Charged to income statement:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Additional provisions

 

442

 

122

 

18

 

32

 

 –

 

 –

 

79

 

76

 

769

Changes in estimates

 

(57)

 

(46)

 

(11)

 

(8)

 

 –

 

(16)

 

(38)

 

(58)

 

(234)

Total charged to income statement

 

385

 

76

 

 7

 

24

 

 –

 

(16)

 

41

 

18

 

535

Utilized during year(2)

 

(459)

 

(104)

 

(39)

 

(7)

 

(5)

 

 –

 

(33)

 

(57)

 

(704)

As of December 31, 2019

 

377

 

167

 

75

 

127

 

50

 

51

 

81

 

281

 

1 209

(1)   The changes in estimates in other provisions include a release of EUR 110 million due to resolution of a tax dispute related to discontinued operations.

(2)   The utilization of restructuring provision includes items transferred to accrued expenses, of which EUR 78 million remained in accrued expenses as of December 31, 2019 (EUR 55 million in 2018). 

(3)  The reclassification in restructuring provisions is based on adoption of IFRS 16, Leases. Refer to Note 3, New and amended standards and interpretations for further details.