Nokia 2014 Annual Report Download - page 126

Download and view the complete annual report

Please find page 126 of the 2014 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.

Page out of 216

  • 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

124 NOKIA IN 2014
For the year ended December 31 Notes
2014
EURm
2013
EURm
2012
EURm
Net sales 512 732 12 709 15 400
Cost of sales 6(7 094) (7 364) (9 841)
Gross prot 5 638 5 345 5 559
Research and development expenses 6(2 493) (2 619) (3 081)
Selling, general and administrative expenses 6(1 634) (1 671) (2 062)
Impairment of goodwill 10 (1 209) – –
Other income 11 136 272 276
Other expenses 11 (268) (808) (1 513)
Operating prot/(loss) 170 519 (821)
Share of results of associated companies 18 (12) 4(1)
Financial income and expenses 12 (395) (280) (357)
(Loss)/prot before tax (237) 243 (1 179)
Income tax benet/(expense) 13 1 408 (202) (304)
Prot/(loss) for the year from continuing operations 1 171 41 (1 483)
Attributable to:
Equity holders of the parent 1 163 186 (771)
Non-controlling interests 8(145) (712)
1 171 41 (1 483)
Prot/(loss) for the year from discontinued operations attributable to:
Equity holders of the parent 2 299 (801) (2 334)
Non-controlling interests 621 31
3 2 305 (780) (2 303)
Prot/(loss) for the year attributable to:
Equity holders of the parent 3 462 (615) (3 105)
Non-controlling interests 14 (124) (681)
3 476 (739) (3 786)
Earnings per share from continuing and discontinued operations
(from prot/(loss) attributable to equity holders of the parent) 15 EUR EUR EUR
Basic earnings per share
Continuing operations 0.31 0.05 (0.21)
Discontinued operations 0.62 (0.22) (0.63)
Prot/(loss) for the year 0.94 (0.17) (0.84)
Diluted earnings per share
Continuing operations 0.30 0.05 (0.21)
Discontinued operations 0.56 (0.22) (0.63)
Prot/(loss) for the year 0.85 (0.17) (0.84)
Average number of shares 000s shares 000s shares 000s shares
Basic
Continuing operations 3 698 723 3 712 079 3 710 845
Discontinued operations 3 698 723 3 712 079 3 710 845
Prot/(loss) for the year 3 698 723 3 712 079 3 710 845
Diluted
Continuing operations 4 131 602 3 733 364 3 710 845
Discontinued operations 4 131 602 3 712 079 3 710 845
Prot/(loss) for the year 4 131 602 3 712 079 3 710 845
The notes are an integral part of these consolidated nancial statements.
Consolidated income statement