Nokia 2011 Annual Report Download - page 249

Acquisition-related costs of EUR 4 million and EUR 8 million have been charged to administrative and
general expenses in the consolidated income statement for the years ended December 31, 2011 and
December 31, 2010, respectively.
From April 30, 2011, the consolidated statement of comprehensive income includes revenue and net
loss contributed by the Motorola networks business of EUR 894 million and EUR 4 million,
respectively.
Had Motorola Networks business been consolidated from January 1, 2011, the Group consolidated
statement of income would show revenue of EUR 39 445 million and loss of EUR 1 402 million. This
pro forma information is not necessarily indicative of the results of the combined operations, had the
acquisition actually occurred on January 1, 2011, nor is it indicative of the future results of the
combined operations.
During 2011, the Group completed additional acquisitions that in aggregate did not have a material
impact on the consolidated financial statements.
Acquisitions in 2010
During 2010, the Group completed several minor acquisitions that did not have a material impact on
the consolidated financial statements. The purchase consideration paid and the total goodwill arising
from these acquisitions amounted to EUR 108 million and EUR 82 million, respectively. The goodwill
arising from these acquisitions is attributable to assembled workforce and post acquisition synergies.
• MetaCarta Inc, based in Cambridge, USA, provides unique geographic intelligence
technology and expertise in geographic intelligence solutions. The Group acquired a 100%
ownership in MetaCarta on April 9, 2010.
• Novarra Inc, based in Chicago, USA, is a provider of a mobile browser and service platform
with more than 100 employees. The Group acquired a 100% ownership interest in Novarra on
April 9, 2010.
• Motally Inc, a US-based company, provides mobile analytics services offering in-application
tracking and reporting. The Group acquired a 100% ownership interest in Motally on
August 31 2010.
• PixelActive Inc, based in California, USA, specialises in tools and techniques for 3D modeling
of detailed road networks, buildings and terrain. The Group acquired a 100% ownership
interest in PixelActive on November 17, 2010.
Acquisitions in 2009
During 2009, the Group completed five acquisitions that did not have a material impact on the
consolidated financial statements. The purchase consideration paid and the total goodwill arising from
these acquisitions amounted to EUR 29 million and EUR 32 million, respectively. The goodwill arising
from these acquisitions is attributable to assembled workforce and post acquisition synergies.
• Plum Ventures, Inc, based in Boston, USA, develops and operates a cloud-based social
media sharing and messaging service for private groups. The Group acquired certain assets
of Plum on September 11, 2009.
• Dopplr Oy, based in Helsinki, Finland, provides a Social Atlas that enables members to share
travel plans and preferences privately with their networks. The Group acquired a 100%
ownership interest in Dopplr on September 28, 2009.
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