Nokia 2009 Annual Report Download - page 132

change in liability in the early retirement benefit at the age of 60 provided under his service
contract. Nokia carries the liability on its books for the early retirement benefit. Considerable
portion of this change in pension liability stems from the actuarial change to the discount
interest rate used in the calculation.
(6)
All other compensation for Mr. Kallasvuo in 2009 includes: EUR 130 000 for his services as
member of the Board or Directors, see “—Board of Directors—Remuneration of the Board of
Directors in 2009” above; EUR 21 540 for car allowance, EUR 10 000 for financial counseling, EUR
10 989 for taxable benefit for premiums paid under supplemental medical and disability
insurance, EUR 4 719 for driver and for mobile phone.
(7)
All other compensation for Mr. Ihamuotila in 2009 includes: EUR 7 620 for car allowance, EUR 10
000 for financial counseling, EUR 2 337 for the amount related to the end of his international
assignment in the United States under Nokia’s policy, EUR 1 238 taxable benefit for premiums
paid under supplemental medical and disability insurance and for mobile phone.
(8)
Salaries, benefits and perquisites for Ms. McDowell and Mr. Simonson are paid and denominated
in USD. Amounts were converted to euro using yearend 2009 USD/EUR exchange rate of 1.43.
For year 2008 disclosure, amounts were converted to euro using the yearend 2008 USD/EUR
exchange rate of 1.40. For year 2007 disclosure, amounts were converted to euro using yearend
2007 USD/EUR exchange rate of 1.47.
(9)
All other compensation for Mr. Simonson in 2009 includes: EUR 96 498 company contributions to
the Restoration & Deferral plan, EUR 11 538 company contributions to the 401(k) plan, EUR 12
345 for car allowance, EUR 11 194 for financial counseling, EUR 3 391 imputed income under the
Employee Stock Purchase Plan.
(10)
All other compensation for Mr. Vanjoki in 2009 includes: EUR 19 817 for car allowance and driver
benefit, EUR 10 000 for financial counseling, EUR 1 238 as taxable benefit for premiums paid
under supplemental medical and disability insurance and for mobile phone.
(11)
All other compensation for Mr. O
¨ista
¨mo ¨in 2009 includes: EUR 18 540 for car allowance, EUR 10
000 for Financial counseling, EUR 1 238 as taxable benefit for premiums paid under
supplemental medical and disability insurance and for mobile phone.
(12)
All other compensation for Ms. McDowell in 2009 includes: EUR 12 345 for car allowance, EUR 10
996 for Financial counseling, EUR 10 280 company contributions to the 401(k) plan and EUR 105
as service award under Nokia’s policy.
(*) None of the named executive officers participated in a formulated, nondiscretionary, incentive
plan. Annual incentive payments are included under the “Bonus” column.
(**) History has been provided only for those data elements previously disclosed unless otherwise
indicated.
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