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Consolidated statement of cash flows - Adjustments (Parenthetical) - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of cash flows [abstract]      
Depreciation and amortization € 1,119 € 1,014 € 1,087
Share-based payments 337 241 202
Impairment charges 18 611 25
Restructuring charges 391 388 316
Gain on sale of businesses and associated companies (23) (286) (19)
Gain on sale of property, plant and equipment (22) (94) (143)
Financial income and expenses (11) (107) 220
Income tax expense 277 385 825
Other adjustments, net (21) 5 46
Total [1] € 2,065 € 2,157 € 2,559
[1]
(1) Adjustments
EURm
2025
2024
2023
Depreciation and amortization
1 119
1 014
1 087
Share-based payments
337
241
202
Impairment charges
18
611
25
Restructuring charges(1)
391
388
316
Gain on sale of businesses and associated
companies
(23)
(286)
(19)
Gain on sale of property, plant and
equipment
(22)
(94)
(143)
Financial income and expenses(2)
(11)
(107)
220
Income tax expense
277
385
825
Other adjustments, net(2)
(21)
5
46
Total
2 065
2 157
2 559
(1)Restructuring charges in adjustments represent the non-cash portion recognized
in the consolidated income statement.
(2)In 2025, Nokia changed the presentation of gains and losses from venture fund
investments which resulted in reclassifications in adjustments. The comparative
amounts for 2024 and 2023 have been recast accordingly. For more information,
refer to Note 1.2. General accounting policies.