Nokia 2013 Annual Report Download - page 92

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NOKIA IN 2013
90
NOKIA SHARES AND SHAREHOLDERS
Key ratios December 31, 2013, IFRS (calculation see page 98) 2013 2012 2011 2010 2009
Earnings per share for profi t attributable
to equity holders of the parent, EUR
Earnings per share, basic – 0.17 -0.84 – 0.31 0.50 0.24
Earnings per share, diluted – 0.17 -0.84 – 0.31 0.50 0.24
P/E ratio neg. neg. neg. 15.48 37.17
(Nominal) dividend per share, EUR 0.37 0.00 0.20 0.40 0.40
Total dividends paid, EURm 2 1 386 0.00 749 1 498 1 498
Payout ratio neg. 0.00 neg. 0.80 1.67
Dividend yield, % 6.36 0.00 5.30 5.17 4.48
Shareholders’ equity per share, EUR 3 1.74 2.14 3.20 3.88 3.53
Market capitalization, EURm 3 21 606 10 873 13 987 28 709 33 078
Dividend to be proposed by the Board of Directors for fiscal year  for shareholders’ approval at the Annual General Meeting convening on June , .
Calculated for all the shares of the company as of the applicable year-end.
Shares owned by the Group companies are not included.
SHARES AND SHARE CAPITAL
Nokia has one class of shares. Each Nokia share entitles the
holder to one vote at General Meetings of Nokia.
On December , , the share capital of Nokia Corpora-
tion was EUR   . and the total number of shares
issued was   . On December , , the total
number of shares included    shares owned by Group
companies representing approximately .% of the share
capital and the total voting rights.
Under the Articles of Association of Nokia, Nokia Corpo ra-
tion does not have minimum or maximum share capital or a par
value of a share.
Share capital and shares December 31, 2013 2013 2012 2011 2010 2009
Share capital, EURm 246 246 246 246 246
Shares (1 000) 3 744 994 3 744 956 3 744 956 3 744 956 3 744 956
Shares owned by the Group (1 000) 32 568 33 971 34 767 35 826 36 694
Number of shares excluding shares owned by the Group (1 000) 3 712 427 3 710 985 3 710 189 3 709 130 3 708 262
Average number of shares excluding shares
owned by the Group during the year (1 000), basic 3 712 079 3 710 845 3 709 947 3 708 816 3 705 116
Average number of shares excluding shares
owned by the Group during the year (1 000), diluted 3 712 079 3 710 845 3 709 947 3 713 250 3 721 072
Number of registered shareholders 1 225 587 250 799 229 096 191 790 156 081
Each account operator is included in the figure as only one registered shareholder.
AUTHORIZATIONS
Authorization to increase the share capital
At the Annual General Meeting held on May , , Nokia share-
holders authorized the Board of Directors to issue a maximum
of  million shares through one or more issues of shares
or special rights entitling to shares, including stock options.
The Board of Directors may issue either new shares or shares
held by the Company. The authorization includes the right for
the Board to resolve on all the terms and conditions of such
issuances of shares and special rights, including to whom the
shares and the special rights may be issued. The authorization
may be used to develop the Company’s capital structure, di-
versify the shareholder base, fi nance or carry out acquisitions
or other arrangements, settle the Company’s equity-based
incentive plans, or for other purposes resolved by the Board.
The authorization is eff ective until June , .
At the end of , the Board of Directors had no other
authorizations to issue shares, convertible bonds, warrants or
stock options.
Other authorizations
At the Annual General Meeting held on May , , Nokia
shareholders authorized the Board of Directors to repurchase
a maximum of  million Nokia shares by using funds in the
unrestricted equity. Nokia did not repurchase any shares on
the basis of this authorization. This authorization would have
been eff ective until June ,  as per the resolution of the
Annual General Meeting on May , , but it was terminated
by the resolution of the Annual General Meeting on May , .
At the Annual General Meeting held on May , , Nokia
shareholders authorized the Board of Directors to repurchase
a maximum of  million Nokia shares by using funds in the
unrestricted equity. The amount of shares corresponds to
less than % of all the shares of the Company. The shares
may be repurchased under the buyback authorization in order
to develop the capital structure of the Company. In addition,
shares may be repurchased in order to fi nance or carry out
acquisitions or other arrangements, to settle the Company’s