Nokia 2008 Annual Report Download - page 182
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8. Acquisitions (Continued)
The table below presents the reported results of Nokia Networks prior to the formation of Nokia
Siemens Networks and the reported results of Nokia Siemens Networks since inception.
Net sales, EUR million
January
March
April
December Total
January
March
April
December Total
2007 2006
Nokia Networks..................... 1,697 * 1 697 1 699 5 754 7 453
Nokia Siemens Networks ............. * 11696 11696 N/A N/A N/A
Total ............................. 1697 11696 13393 1699 5754 7453
Operating profit, EUR million
January
March
April
December Total
January
March
April
December Total
2007 2006
Nokia Networks ...................... 78 * 78 149 659 808
Nokia Siemens Networks ............... * (1386) (1386) N/A N/A N/A
Total ............................... 78 (1386) (1308) 149 659 808
* No results presented as Nokia Siemens Networks began operations on April 1, 2007.
It is not practicable to determine the results of the Siemens’ carrierrelated operations for the three
month period of January 1, 2007 through March 31, 2007 as Siemens did not report those operations
separately. As a result pro forma revenues and operating profit as if the acquisition had occurred as of
January 1, 2007 have not been presented.
F38
Notes to the Consolidated Financial Statements (Continued)