Nokia 2008 Annual Report Download - page 169
Download and view the complete annual report
Please find page 169 of the 2008 Nokia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.2. Segment information (Continued)
2006
Devices &
Services NAVTEQ Networks
Total
reportable
segments
Corporate
Common
Functions
and
Corporate
unallocated Eliminations Group
EURm EURm EURm EURm EURm EURm EURm
Profit and Loss Information
Net sales to external customers ........ 33668 — 7453 41121 — 41121
Net sales to other segments ........... 16 — — 16 (16) —
Depreciation and amortization ......... 509 — 203 712 — 712
Impairment and customer finance
charges ....................... — — — — 51 51
Operating profit / (loss) .............. 4865 — 808 5673 (185) 5488
Share of results of associated companies . . — — — — 28 28
(1)
Corporate Common Functions operating profit in 2007 includes a nontaxable gain of
EUR 1 879 million related to the formation of Nokia Siemens Networks. Networks operating profit
in 2006 includes a gain of EUR 276 million relating to a partial recovery of a previously impaired
financing arrangement with Telsim.
(2)
Including goodwill and capitalized development costs, capital expenditures in 2008 amount to
EUR 5 502 million (EUR 1 753 million in 2007). The goodwill and capitalized development costs
consist of EUR 752 million in 2008 (EUR 150 million in 2007) for Devices & Services,
EUR 3 673 million in 2008 (EUR 0 million in 2007) for NAVTEQ, EUR 188 million in 2008
(EUR 888 million in 2007) for Nokia Siemens Networks, and EUR 0 million in 2008 (EUR 0 million
in 2007) for Corporate Common Functions.
(3)
Comprises intangible assets, property, plant and equipment, investments, inventories and
accounts receivable as well as prepaid expenses and accrued income except those related to
interest and taxes for Devices & Services and Corporate Common Functions. In addition, NAVTEQ’s
and Nokia Siemens Networks’ assets include cash and other liquid assets, availableforsale
investments, longterm loans receivable and other financial assets as well as interest and tax
related prepaid expenses and accrued income. These are directly attributable to NAVTEQ and
Nokia Siemens Networks as they are separate legal entities.
(4)
Unallocated assets include cash and other liquid assets, availableforsale investments, longterm
loans receivable and other financial assets as well as interest and tax related prepaid expenses
and accrued income for Devices & Services and Corporate Common Functions.
(5)
Comprises accounts payable, accrued expenses and provisions except those related to interest and
taxes for Devices & Services and Corporate Common Functions. In addition, NAVTEQ’s and Nokia
Siemens Networks’ liabilities include noncurrent liabilities and shortterm borrowings as well as
interest and tax related prepaid income and accrued expenses and provisions. These are directly
attributable to NAVTEQ and Nokia Siemens Networks as they are separate legal entities.
(6)
Unallocated liabilities include noncurrent liabilities and shortterm borrowings as well as interest
and tax related prepaid income, accrued expenses and provisions related to Devices & Services
and Corporate Common Functions.
F25
Notes to the Consolidated Financial Statements (Continued)