Nokia 2015 Annual Report Download - page 5

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Overview
03NOKIA IN 2015
Our businesses in 2015
In 2015, through our Continuing operations,
we had a global presence with operations in
Europe, the Middle East & Africa, Greater
China, North America, Asia-Pacic and Latin
America and research and development
(“R&D”) facilities in Europe, North America
andAsia; and sales in approximately
130countries. We employed approximately
56000 people at the end of 2015.
Our Continuing operations delivered net
salesin 2015 of EUR 12.5 billion with strong
underlying protability. We once again made
signicant targeted R&D investments, a
bedrock of our success in innovation, with
R&D expenditures equaling approximately
EUR2.1 billion in 2015.
Net sales 2015 by regionNet sales 2015 by business
1 Nokia Networks €11 490m (+3%)
A Mobile Broadband € 6 064m (0%)
B Global Services € 5 422m (+6%)
2 Nokia Technologies € 1 024m (+77%)
1 Europe(1) € 3 813m (+9%)
2 Middle East & Africa € 1 177m (+12%)
3 Greater China € 1 712m (+24%)
4 Asia-Pacic € 3 230m (-2%)
5 North America € 1 594m (+4%)
6 Latin America € 973m (-4%)
(1) All Nokia Technologies net sales are allocated to Finland.
Year-on-year change is in parentheses.
Derived from our nancial statements which were prepared in accordance with International Financial Reporting Standards, IFRS.
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A
B
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