Company Profile For Nokia Oyj

Nokia Corporation (Nokia) is engaged in the manufacturing of mobile devices and in converging Internet and communications industries. The company is engaged in manufacturing a range of devices for all the consumer segments and offer Internet services that enable people to experience music, maps, media, messaging and games. Nokia is also engaged in providing digital map information through NAVTEQ and equipment, solutions and services for communications networks through Nokia Siemens Networks. The Company operates in three business segments: Devices and Services; NAVTEQ, and Nokia Siemens Networks. On July 10, 2008, the Company completed the acquisition of NAVTEQ Corporation. The Devices and Services group was formed on January 1, 2008, and combined the three former mobile device groups, Mobile Phones, Multimedia and Enterprise Solutions and the supporting horizontal groups into one integrated business group. In August 2009, Nokia acquired Cellity.

BRIEF: For the fiscal year ended 31 December 2009, Nokia Oyj's net sales decreased 19% to EUR41B. Net profit for the period decreased 78% to EUR891M. Net sales reflect a decrease in demand for the Company's products and services in the Europe, Middle East & Africa, North America and Asia-Pacific geographic segments. Net profit for the period suffered from an increase in loss from net financial income and expenses, as well as a presence of goodwill impairment.