Nokia 2011 Annual Report Download - page 87

Of Nokia Siemens Networks’ global procurement staff, 72% had received corporate responsibility
training by the end of 2011 and 96% had completed the annual ethical business training.
Nokia Siemens Networks continues to work actively with other industry participants to improve
standards in the information and communications technology (ICT) supply chain through groups such
as the GeSI. By the end of 2011, 24 key suppliers representing 17% of Nokia Siemens Networks’
supplier expenditure had joined E-TASC, a common industry supplier assessment and auditing tool
developed by the GeSI and EICC. The average corporate score for these suppliers is 91% and the
average facility score 90%.
In 2011, Nokia Siemens Networks implemented further a corporate responsibility risk assessment tool
based on the Maplecroft risk indices. Nokia Siemens Networks does not accept the use of any conflict
minerals in its products and has developed a Conflict Minerals policy with the target to improve both
the traceability of minerals and the transparency of global supply chains. Work in 2011 focused on
developing an industry wide tool on due diligence, and the due diligence process will be conducted in
2012, starting with Tantalum users.
4C. Organizational Structure
The following is a list of Nokia’s significant subsidiaries at December 31, 2011. See also, Item 4A.
“History and Development of the Company—Organizational Structure and Reportable Segments”.
Company
Country of
Incorporation
Nokia
Ownership
Interest
Nokia
Voting
Interest
Nokia Inc. .................................United States 100% 100%
Nokia GmbH ..............................Germany 100% 100%
Nokia UK Limited ...........................England & Wales 100% 100%
Nokia TMC Limited .........................South Korea 100% 100%
Nokia Telecommunications Ltd. ...............China 83.9% 83.9%
Nokia Finance International B.V. ..............TheNetherlands 100% 100%
Nokia Komárom Kft .........................Hungary 100% 100%
Nokia India Pvt. Ltd. ........................India 100% 100%
Nokia Italia S.p.A ...........................Italy 100% 100%
Nokia Spain S.A.U. .........................Spain 100% 100%
Nokia Romania S.R.L. ......................Romania 100% 100%
Nokia do Brasil Tecnologia Ltda ..............Brazil 100% 100%
OOO Nokia ...............................Russia 100% 100%
NAVTEQ Corporation .......................United States 100% 100%
Nokia Siemens Networks B.V. ................TheNetherlands 50%(1) 50%(1)
Nokia Siemens Networks Oy .................Finland 50% 50%
Nokia Siemens Networks GmbH & Co KG ......Germany 50% 50%
Nokia Siemens Networks Pvt. Ltd. .............India 50% 50%
(1) Nokia Siemens Networks B.V., the ultimate parent of the Nokia Siemens Networks group, is
owned approximately 50% by each of Nokia and Siemens and consolidated by Nokia. Nokia
effectively controls Nokia Siemens Networks as it has the ability to appoint key officers and the
majority of the members of its Board of Directors and, accordingly, Nokia consolidates Nokia
Siemens Networks.
4D. Property, Plants and Equipment
At December 31, 2011, we operated eight manufacturing facilities in seven countries for the production
of Nokia-branded mobile devices, and Nokia Siemens Networks had ten manufacturing facilities in four
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