Nokia in Q3 2009

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March 2009

Key Data: Net sales EURm (2008: 50 710, 2007: 51 058, 2006: 41 121, 2005: 34 191, 2004: 29 371), Operating profit EURm ( 2008: 4 966, 2007: 7 985, 2006: 5 488, 2005: 4 639, 2004: 4 326), Profit before taxes EURm ( 2008: 4 970, 2007: 8 268, 2006: 5 723, 2005: 4 971, 2004: 4 705)

2008 EURm 2007 EURm Change %
Net sales 50 710 51 058 -1
Operating profit 4 966 7 985 -38
Profit before taxes 4 970 8 268 -40
Profit attributable to equity holders of the parent 3 988 7 205 -45
Research & development expenses 5 968 5 636 6


2008 % 2007 %
Return on capital employed 27.2 54.8
Net debt to equity (gearing) -14 -62

Note. As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of Nokia's former Networks business group and Siemens' carrier-related operations for fixed and mobile networks. Accordingly, the results of the Nokia Group and Nokia Siemens Networks for the years ended December 31, 2007 and 2008 are not directly comparable between each other or to the results for the prior years. Nokia's results prior to year ended December 31, 2007 included Nokia's former Networks business group only.


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