Nokia 2005 Annual Report Download - page 140

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Nokia Corporation and Subsidiaries
Consolidated Profit and Loss Accounts
Financial year ended December 31
2005 2004 2003
Notes As revised As revised
EURm EURm EURm
Net sales .................... 34,191 29,371 29,533
Cost of sales .................. (22,209) (18,179) (17,325)
Gross profit .................. 11,982 11,192 12,208
Research and development
expenses ................... (3,825) (3,776) (3,788)
Selling and marketing expenses . . 7 (2,961) (2,564) (2,657)
Administrative and general
expenses ................... (609) (611) (635)
Other income ................. 8 285 343 300
Other expenses ................ 8, 9 (233) (162) (384)
Customer finance impairment
charges, net of reversals ....... 9—— 226
Impairment of goodwill ......... 9—— (151)
Amortization of goodwill ........ 11 (96) (159)
Operating profit .............. 3, 4, 5, 6, 7, 8, 9, 10, 11 4,639 4,326 4,960
Share of results of associated
companies .................. 34 10 (26) (18)
Financial income and expenses . . . 12 322 405 352
Profit before tax .............. 4,971 4,705 5,294
Tax......................... 13 (1,281) (1,446) (1,697)
Profit before minority interests .3,690 3,259 3,597
Minority interests .............. (74) (67) (54)
Profit attributable to equity
holders of the parent ........ 3,616 3,192 3,543
2005 2004 2003
As revised As revised
EUR EUR EUR
Earnings per share 31
(for profit attributable to the
equity holders of the parent)
Basic ...................... 0.83 0.69 0.74
Diluted .................... 0.83 0.69 0.74
2005 2004 2003
Average number of shares
(000’s shares) 31
Basic ...................... 4,365,547 4,593,196 4,761,121
Diluted .................... 4,371,239 4,600,337 4,761,160
See Notes to Consolidated Financial Statements.
F-2