Nokia 2011 Annual Report Download - page 5
Download and view the complete annual report
Please find page 5 of the 2011 Nokia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2 -
3 -
4 -
5 -
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 -
15 -
16 -
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
-
273
-
274
-
275
-
276
-
277
-
278
-
279
-
280
-
281
-
282
-
283
-
284
-
285
-
286
-
287
-
288
-
289
-
290
-
291
-
292
-
293
-
294
-
295
-
296
 |
 |
Page
ITEM 10. ADDITIONAL INFORMATION ............................................ 192
10A. Share capital .......................................................... 192
10B. Memorandum and Articles of Association ................................... 192
10C. Material Contracts ...................................................... 194
10D. Exchange Controls ..................................................... 194
10E. Taxation .............................................................. 195
10F. Dividends and Paying Agents ............................................ 199
10G. Statement by Experts ................................................... 199
10H. Documents on Display .................................................. 199
10I. Subsidiary Information .................................................. 199
ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK .... 199
ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES ......... 199
12D. American Depositary Shares ............................................. 199
PART II .............................................................. 200
ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES ............... 200
ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND
USE OF PROCEEDS ................................................... 200
ITEM 15. CONTROLS AND PROCEDURES ........................................ 200
ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT ................................. 201
ITEM 16B. CODE OF ETHICS ..................................................... 201
ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES ......................... 201
ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES . . 202
ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED
PURCHASERS ........................................................ 202
ITEM 16F. CHANGE IN REGISTRANT’S CERTIFYING ACCOUNTANT ................... 202
ITEM 16G. CORPORATE GOVERNANCE ........................................... 203
ITEM 16H. MINE SAFETY DISCLOSURE ............................................ 203
PART III .............................................................. 203
ITEM 17. FINANCIAL STATEMENTS .............................................. 203
ITEM 18. FINANCIAL STATEMENTS .............................................. 203
ITEM 19. EXHIBITS ............................................................ 204
GLOSSARY OF TERMS ........................................................... 205
3