- Non-current assets
- Current assets
- Non-current liabilities
- Current liabilities
- Shareholders’ equity and etc.
These various finance and their relevant cost would have controlled by the financial statement of Nokia. Here is some example---
-Property, plant and equipment-
Property, plant and equipments are the biggest non-current assets of any company. It has a huge effect on the balance sheet. If the amount of property, …show more content…
If assets increase, then share price get higher. This is how also increasing the net income and balance sheet is controlled.
-Available for-sale investments-
Available for sale investments carried on balance sheet at their right value and any change in right price between two reporting dates is taken to the shareholders equity as a separate component which is called ‘changes in fair price value of available for sale investments’. If the fair price value of an investment increase, the carrying amount of the investments is debited and changes in fair price value of investments is created. If the fair price value of the investment decrease, the carrying amount of the investments is decreased and the changes in fair price value of investment is debited.
*Current …show more content…
Cash dividend affects primarily cash and shareholder’s equity accounts. Nokia has ‘5832536262’ outstanding share, share owned by the group ‘52944582’ and the number of share excluding shares owned by the group ‘5779591680’ at 30th June 2016. Share market controls the company directly, so its effect balance sheet. Company’s shareholder’s dividend is payable, which is a liability account. If dividend get higher price in share market, its effect directly in company’s financial statement. It may control the profit and loss of the company. So share market control the balance sheet of