Performance

Nokia's impact summary

All monetary figures are in EUR millions unless otherwise noted.

Nokia* 2007 2006 2005
Net sales 51 058 41 121 34 191
Operating profit 7 985 5 488 4 639
Earnings/share diluted, EUR 1.83 1.05 0.83
Market capitalization (at year-end) 101 995 61 390 64 463
Research & development 5 647 3 897 3 825
Total tax 1 522 1 357 1 281
Liquid assets (at year-end) 11 753 8 537 9 910
Total liabilities (at year-end) 20 261 10 557 9 938
Retained earnings (at year-end) 13 870 11 123 13 308
Total number of employees (at year-end) 112 262 68 483 58 874
Total payroll & benefits 4 664 3 457 3 127
Pension expenses, net 420 310 252

*As of April 1, 2007, Nokia financial data includes that of Nokia Siemens Networks on a fully consolidates basis. Accordingly, Nokia financial data for 2007 is not directly comparable to the data of 2006 and 2005.

Ethics 2007 2006 2005
Employee Code of Conduct awareness, % 98 81 75
Languages of the Code of Conduct 32 31 25
Supply Chain 2007 2006 2005
Total purchases of goods and services *, EUR billion 36.4 29.5 24.2
Supplier diversity, USD million 18 28 20
Number of assessments** 90 120 137
Persons trained under new Nokia Supplier requirements 50 92*** 100***

* Includes all external purchases.

** Includes system and in-depth assessments.

*** Supply chain ethics and environmental training.

Employees* 2007** 2006 2005
Total number of permanent employees 49 560 62 851 50 839
Employees in production 28 096 33 031 25 437
Total employee training cost, kEUR 70 125 103
Average cost of training per employee, EUR*** N/A 1 908 1 850
Injury/illness rate within production **** 0.73 0.82 1.08
Women in senior management, % 14.3 12.5 12
Non-Finnish nationalities in senior management, % 44.1 45.1 41
Voluntary attrition, % 8.5 6.2 4.8

* Excluding Nokia Siemens Networks employees.

** The 2007 figures are not comparable with previous years’ figures because of the formation of Nokia Siemens Networks as of April 1, 2007.

*** The average number is impacted by the departure of Nokia Siemens Networks employees as of April 1, 2007.

**** IIR = Number of occupational injuries and illnesses per total hours worked by all employees during calendar year multiplied by 200 000 (the number of hours theoretically worked by 100 full time employees in a year).

Environment* 2007 2006 2005
Energy consumption, GWh 1 134 850 810
Indirect CO2, t 397 522 316 812 280 566
Direct CO2, t 15 619 15 755 14 743
Water consumption, m3 2 066 704 1 357 385 1 196 508
Total waste, t 59 914 49 952 35 236
Solid waste recovery rate, % 88 83 82
Emissions of ODS, kg of CFC-11 equivalent ** 108 326 101
Countries with Nokia take-back points *** 85 85 N/A

* All figures (excluding data of Nokia take-back points) include both Nokia and Nokia Siemens Networks figures. The 2007 figures are not comparable with previous years’ figures because of the formation of Nokia Siemens Networks as of April 1, 2007.

Nokia Siemens Networks’ share of the above figures are following: Energy consumption 462 GWh, Indirect CO2 emissions 174 469 tonne, Direct CO2 emissions 3585 tonne, Water consumption 840 607 m3, Total waste 5124 tonne, Solid waste recovery rate 86 %, Emissions of ODS 3kg. Please see more detailed figures for Nokia and Nokia Siemens Networks.

Nokia data collection coverage in 2007 was 91% of all square meters managed by Nokia, including all production sites and other sites greater than 3000 sq m. Nokia Siemens Networks energy and water data have been extrapolated to cover 100 % of buildings greater than 3000 sq m. Nokia Siemens Networks waste data coverage is 36% and ODS data is only from Finland, representing 22% of greater than 3000 sq m. buildings.

** Nokia uses no ODS (Ozone Depleting Substances) in its products or production. The reported ODS figures are due to ODS contained in cooling systems in facilities. ODP (Ozone Depleting Potential) = emission in kg of CFC-11 equivalent.

***Many countries have multiple take-back locations.

Society 2007* 2006 2005
Countries with community involvement programs 45 37 35
Countries with volunteer efforts 32 35 29
Employee volunteer hours 32 100 25 000 17 700

*Contributions of the employees of Nokia's former Networks business group included until the formation of Nokia Siemens Networks, April 1, 2007.