Nokia 2006 Annual Report Download - page 127
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PricewaterhouseCoopers Oy, which has audited Nokia’s consolidated financial statements for the year
ended December 31, 2006, has issued an attestation report on management’s assessment of the
effectiveness of the company’s internal control over financial reporting under Auditing Standard
No. 2 of the Public Company Accounting Oversight Board (United States of America).
(c)
Attestation Report of the Registered Public Accounting Firm.
See the Auditors’ report on
page F1.
(d)
Changes in Internal Control Over Financial Reporting.
There were no changes in the Group’s
internal control over financial reporting that occurred during the year ended December 31, 2006 that
have materially affected, or are reasonably likely to materially affect, the Group’s internal control
over financial reporting.
ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT
The Board of Directors has determined that Per Karlsson is an ‘‘audit committee financial expert’’ as
defined in Item 16A of Form 20F. Mr. Per Karlsson and each of the other members of the Audit
Committee is an ‘‘independent director’’ as defined in Section 303A.02 of the New York Stock
Exchange’s Listed Company Manual.
ITEM 16B. CODE OF ETHICS
We have adopted a code of ethics that applies to our Chief Executive Officer, President, Chief
Financial Officer and Corporate Controller. This code of ethics is posted on our website,
www.nokia.com,
and may be found as follows:
1. From our main web page, first click on ‘‘About Nokia.’’
2. Next, click on ‘‘Company.’’
3. Next, click on ‘‘Corporate Governance.’’
4. Next, click on ‘‘Board of Directors.’’
5. Finally, click on ‘‘Code of Ethics.’’
ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES
Auditor fees and services
PricewaterhouseCoopers Oy has served as Nokia’s independent auditor for each of the fiscal years in
the threeyear period ended December 31, 2006. The independent auditor is elected annually by
Nokia’s shareholders at the Annual General Meeting. The Audit Committee of the Board of Directors
makes a recommendation to the shareholders in respect of the appointment of the auditor based
upon its evaluation of the qualifications and independence of the auditor to be proposed for election
or reelection.
The following table presents the aggregate fees for professional services and other services rendered
by PricewaterhouseCoopers to Nokia in 2006 and 2005.
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