Nokia 2014 Annual Report Download - page 116

114 NOKIA IN 2014
Shares and shareholders
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 31, 2014, the share capital of Nokia Corporation was EUR 245 896 461.96 and the total number of shares issued was
3 745 044 246. The number includes 11 513 shares which were registered on January 2, 2015. At December 31, 2014, the total number
of shares included 96 900 800 shares owned by Group companies representing approximately 2.6% of the total number of shares and the total
voting rights.
Under the Articles of Association of Nokia, Nokia Corporation does not have minimum or maximum share capital or a par value of a share.
At December 31 2014 2013 2012 2011 2010
Share capital, EURm 246 246 246 246 246
Shares, (000s) 3 745 044 3 744 994 3 744 956 3 744 956 3 744 956
Shares owned by the Group, (000s) 96 901 32 568 33 971 34 767 35 826
Number of shares excluding shares owned by the Group, (000s) 3 648 143 3 712 427 3 710 985 3 710 189 3 709 130
Average number of shares excluding shares owned by the Group
during the year, (000s), basic 3 698 723 3 712 079 3 710 845 3 709 947 3 708 816
Average number of shares excluding shares owned by the Group
during the year, (000s), diluted 4 131 602 3 712 079 3 710 845 3 709 947 3 713 250
Number of registered shareholders(1) 216 830 225 587 250 799 229 096 191 790
(1) Each account operator is included in the gure as only one registered shareholder.
Calculation of key ratios
At December 31,
Continuing operations 2014 2013 2012 2011 2010
Earnings per share, basic, EUR 0.31 0.05 (0.21) (0.34) (0.28)
Earnings per share, diluted, EUR 0.30 0.05 (0.21) (0.34) (0.28)
P/E ratio, basic(1) 21.16 116.40 neg. neg. neg.
Dividend per share, EUR 0.14(2) 0.37 00.20 0.40
Total dividends paid, EURm(3) 511(2) 1 374 0742 1 484
Payout ratio, basic 0.45(2) 7.40 0neg. neg.
Dividend yield, % 2.13(2) 6.36 05.30 5.17
Shareholders’ equity per share, EURm(4) 2.36 1.74 2.14 3.20 3.88
Market capitalization, EURm(4) 23 932 21 606 10 873 13 987 28 709
(1) Based on Nokia closing share price at year-end.
(2) Based on the proposal by the Board for the scal year 2014, subject to shareholders approval at the Annual General Meeting convening on May 5, 2015.
(3) Maximum amount to be distributed as dividends based on the number of shares at December 31, 2014 excluding the number of treasury shares. Previous year gure represents the total actual
amounts paid.
(4) Excludes shares owned by the Group companies.
Reductions of share capital and number of shares
Type of reduction Year
Number of
shares
000s
Amount
of reduction
of the share
capital
EURm
Amount
of reduction
of the restricted
capital
EURm
Amount
of reduction
of the retained
earnings
EURm
Cancellation of shares 2010 – – – –
Cancellation of shares 2011 – – – –
Cancellation of shares 2012 – – – –
Cancellation of shares 2013 – – – –
Cancellation of shares 2014 – – – –
As announced on January 29, 2015 the Board decided to cancel 66 903 682 Nokia shares held by the company. The cancellation of the shares
did not aect the company’s share capital.
General facts on Nokia continued