Nokia 2011 Annual Report Download - page 212

Nokia Corporation and Subsidiaries
Consolidated Income Statements
Notes
Financial year ended December 31
2011 2010 2009
EURm EURm EURm
Net sales ...................................... 38 659 42 446 40 984
Cost of sales ................................... (27 340) (29 629) (27 720)
Gross profit ................................... 11 319 12 817 13 264
Research and development expenses .............. (5 612) (5 863) (5 909)
Selling and marketing expenses ................... (3 791) (3 877) (3 933)
Administrative and general expenses ............... (1 121) (1 115) (1 145)
Impairment of goodwill ........................... 8 (1 090) — (908)
Other income ................................... 7 221 476 338
Other expenses ................................. 7, 8 (999) (368) (510)
Operating (loss) profit .......................... 2-10, 24 (1 073) 2 070 1 197
Share of results of associated companies ........... 15, 31 (23) 130
Financial income and expenses .................... 8, 11 (102) (285) (265)
(Loss) profit before tax ......................... (1 198) 1 786 962
Tax........................................... 12 (290) (443) (702)
(Loss) profit ................................... (1 488) 1 343 260
(Loss) profit attributable to equity holders of the
parent ...................................... (1 164) 1 850 891
Loss attributable to non-controlling interests ...... (324) (507) (631)
(1 488) 1 343 260
2011 2010 2009
EUR EUR EUR
Earnings per share ............................. 28
(for (loss) profit attributable to the equity holders of the
parent)
Basic ...................................... (0.31) 0.50 0.24
Diluted .................................... (0.31) 0.50 0.24
2011 2010 2009
Average number of shares (000’s shares) ........... 28
Basic ...................................... 3 709 947 3 708 816 3 705 116
Diluted .................................... 3 709 947 3 713 250 3 721 072
See Notes to Consolidated Financial Statements.
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