| Income Statement for Nokia Corp. |
| (Amounts are in millions) |
|
12/2009 |
|
12/2008 |
|
12/2007 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$57,156.28 |
|
$74,594.41 |
|
$70,000.51 |
| Cost of Goods Sold |
|
$38,658.31 |
|
$49,038.72 |
|
$46,276.73 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$18,497.97 |
|
$25,555.68 |
|
$23,723.78 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$8,240.69 |
|
$8,778.92 |
|
$7,742.03 |
| Selling, General, & Admin. Expense |
|
$7,081.77 |
|
$8,331.74 |
|
$7,622.76 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$3,175.50 |
|
$8,445.01 |
|
$8,358.98 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($1,833.89) |
|
($1,134.14) |
|
$2,976.44 |
| Interest Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$1,341.60 |
|
$7,310.87 |
|
$11,335.42 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$979.00 |
|
$1,590.15 |
|
$2,086.66 |
| Minority Interest |
|
$0.00 |
|
($145.62) |
|
($629.28) |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$362.59 |
|
$5,866.34 |
|
$9,878.05 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$362.59 |
|
$5,866.34 |
|
$9,878.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$0.34 |
|
$1.56 |
|
$2.54 |
| Diluted Earnings Per Share |
|
$0.34 |
|
$1.54 |
|
$2.51 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
3,705.12 |
|
3,743.62 |
|
3,894.60 |
| Weighted Average Diluted Shares Outstanding |
|
3,721.07 |
|
3,780.36 |
|
3,894.60 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$3,451.66 |
|
$7,106.83 |
|
$7,688.86 |
| Income From Non-Recurring Items |
|
($2,198.94) |
|
($1,270.39) |
|
$2,189.19 |
| Diluted Earnings Per Share before extras |
|
$0.93 |
|
$1.88 |
|
$1.95 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$1,471.81 |
|
$2,283.95 |
|
$1,636.58 |
| Dividend Per Share (common) |
|
$0.39 |
|
$0.60 |
|
$0.42 |
|
