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Financial Statements

Nokia Corporation Sponsored American Depositary Shares

Nokia Corporation Sponsored American Depositary Shares (NOK)

Technology

Intangible and Goodwill Schedule

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Intangible and Goodwill (Previous Year) -11,38210,2298,0967,2864,9393,52760811,53711,067
New Purchases -2,485-2,3333,711979-483-1,437-3021,4941,156366
Intangible and Goodwill 11,38210,2298,0967,2864,9393,52760811,53711,06710,121

Nokia Corporation Sponsored American Depositary Shares income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Nokia Corporation Sponsored American Depositary Shares FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.