Nokia 2011 Annual Report Download - page 192

quantities of CRTs for this purpose from several defendants, as well as non-defendant manufacturers.
The lawsuit alleges that as a result of defendants’ cartel activities, Nokia suffered harm by, among
other reasons, paying supra-competitive prices for CRTs.
A number of defendants have settled the claims against them. Chunghwa Picture Tubes, Ltd, Philips
and LG Display Co. Ltd have settled on confidential terms. Epson Imaging Devices Corporation have
paid $80 million in damages as well as certain additional consideration. We intend to pursue our CRT
and LCD claims against the remaining defendants as appropriate in these matters in order to protect
our interests. However, the final outcome of the claims, including the ability to recover damages for any
overcharges paid, is uncertain due to the nature and inherent risks of such legal proceedings.
Based upon the information currently available, management does not expect the resolution of any of
the matters discussed in this section 8A7 “Litigation” to have a material adverse effect on our financial
condition or results of operations.
We are also party to other routine litigation incidental to the normal conduct of our business. Based
upon the information currently available, our management does not believe that liabilities related to
those proceedings are likely to be material to our financial condition or results of operations.
8A8. Dividend Policy
See Item 3A. “Selected Financial Data—Distribution of Earnings” for a discussion of our dividend
policy.
8B. Significant Changes
No significant changes have occurred since the date of our consolidated financial statements included
in this annual report. See Item 5A. “Operating Results—Principal Factors and Trends Affecting our
Results of Operations” for information on material trends affecting our business and results of
operations.
ITEM 9. THE OFFER AND LISTING
9A. Offer and Listing Details
Our capital consists of shares traded on NASDAQ OMX Helsinki under the symbol “NOK1V.” American
Depositary Shares, or ADSs, each representing one of our shares, are traded on the New York Stock
Exchange under the symbol “NOK.” The ADSs are evidenced by American Depositary Receipts, or
ADRs, issued by Citibank, N.A., as the Depositary under the Amended and Restated Deposit
Agreement dated as of March 28, 2000 (as amended), among Nokia, Citibank, N.A. and registered
holders from time to time of ADRs.
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