Nokia 2010 Annual Report Download - page 214

2. Segment information (Continued)
2008
Devices &
Services NAVTEQ
Nokia
Siemens
Networks
Total
reportable
segments
Corporate
Common
Functions and
Corporate
unallocated
(4),(6)
Eliminations Group
EURm EURm EURm EURm EURm EURm EURm
Profit and Loss Information
Net sales to external customers ..... 35084 318 15308 50710 — 50710
Net sales to other segments ........ 15 43 1 59 — (59) —
Depreciation and amortization ...... 484 238 889 1611 6 1617
Impairment ................... 58 — 47 105 33 138
Operating profit / (loss) ........... 5816 (153) (301) 5 362 (396) 4 966
Share of results of associated
companies .................. — — (13) (13) 19 6
Balance Sheet Information
Capital expenditures
(2)
............ 578 18 292 888 1 889
Segment assets
(3)
............... 10300 7177 15652 33129 9641 (3188) 39 582
of which:
Investments in associated
companies................. — 4 62 66 30 96
Segment liabilities
(5)
............. 8425 2726 10503 21654 4606 (3188) 23 072
(1)
Nokia Siemens Networks operating loss in 2009 includes a goodwill impairment loss of
EUR 908 million.
(2)
Including goodwill, capital expenditures in 2010 amount to EUR 761 million (EUR 590 million in
2009). The goodwill and capitalized development costs consist of EUR 73 million in 2010 (EUR
7 million in 2009) for Devices & Services, EUR 9 million in 2010 (EUR 22 million in 2009) for
NAVTEQ, EUR 0 million in 2010 (EUR 30 million in 2009) for Nokia Siemens Networks, and EUR
0 million in 2010 (EUR 0 million in 2009) 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, availableforsale
investments, longterm 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, availableforsale investments, longterm
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 other liabilities as well as 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 noncurrent liabilities and
shortterm 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 noncurrent liabilities and shortterm borrowings as well as interest
and tax related prepaid income, accrued expenses and provisions related to Devices & Services
and Corporate Common Functions.
(7)
Elimination of profits recognized in NAVTEQ that are deferred in Devices & Services related to Ovi
Maps service sold in combination with Nokia’s GPS enabled smartphones.
F26
Notes to the Consolidated Financial Statements (Continued)