DOCSLIB.ORG

Nokia Annual Accounts 2013

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Nokia Annual Accounts 2013 Information incorporated by reference to the Listing Prospectus dated October 23, 2015 The annual report of Nokia’s Board of Directors for the financial year ended December 31, 2013…………………………………………………………………………………………………......5–19 The audited financial statements of Nokia, including the auditor’s report, for the financial year ended December 31, 2013………………………………………………………………………………..…22–100 NOKIA IN 2013 NOKIA IN 2013 YEAR 2013 HIGHLIGHTS ............................................................................. 2 KEY DATA ................................................................................................................. 4 REVIEW BY THE BOARD OF DIRECTORS 2012 .......................... 5 ANNUAL ACCOUNTS 2013 Consolidated income statements, IFRS ................................................................. 22 Consolidated statements of comprehensive income, IFRS ............................... 23 Consolidated statements of fi nancial position, IFRS .......................................... 24 Consolidated statements of cash fl ows, IFRS ...................................................... 25 Consolidated statements of changes in shareholders’ equity, IFRS ................ 26 Notes to the consolidated fi nancial statements .................................................. 28 Income statements, parent company, FAS ........................................................... 82 Balance sheets, parent company, FAS ................................................................... 82 Statements of cash fl ows, parent company, FAS ................................................. 83 Notes to the fi nancial statements of the parent company ................................ 84 Nokia shares and shareholders ............................................................................... 90 Nokia Group 2009 – 2013, IFRS ................................................................................ 96 Calculation of key ratios ............................................................................................ 98 Signing of the Annual Accounts 2013 and proposal for distribution of profi t .................................................................. 99 Auditors’ report ........................................................................................................ 100 ADDITIONAL INFORMATION Critical accounting policies .................................................................................... 102 Corporate governance statement Corporate governance ........................................................................................ 108 Board of Directors ............................................................................................... 114 Nokia Group Leadership Team ........................................................................... 117 Compensation of the Board of Directors and the Nokia Group Leadership Team ................................................................ 119 Auditor fees and services ....................................................................................... 140 Investor information ................................................................................................ 141 Contact information ................................................................................................. 143 YEAR 2013 HIGHLIGHTS A TRANSFORMATIVE YEAR FOR NOKIA 7.8. 3.6. Nokia completes the Nokia’s new acquisition of Siemens’ manufacturing stake in Nokia Siemens 25.2. facility in Hanoi, Networks and renames Nokia expands its Vietnam starts the business Nokia Windows Phone 8 customer Solutions and Networks, portfolio by shipments. also known as NSN. launching the Nokia 9.7. Lumia 720 and the Nokia Lumia 520 HERE introduces at Mobile World HERE Drive + Congress. for all Windows Phone 8 smartphones. 11.7. Nokia launches 25.2. 9.5. the Nokia Lumia HERE introduces Nokia introduces 1.7. 1020 in New York. LiveSightTM, Nokia’s the Nokia Asha Nokia announces set of augmented- 501 in New Delhi. its plans to acquire reality technologies in Siemens’ stake the new HERE Maps. in Nokia Siemens Networks. 1/2013 19.11. Nokia’s Extraordinary and approves the sale 22.10. of substantially all of the Devices & Services Windows tablet, the Nokia business to Microsoft. Lumia 2520 with integrated screen Lumia smartphones: the Nokia Lumia 1520 and the Nokia Lumia 1320. 9.9. HERE begins work with Mercedes-Benz to explore “smart maps” for self- driving cars and announces partnerships with Magneti Marelli and Continental. 31.12. The embedded navigation systems of more than 10 million new cars sold in 2013 are powered by maps from HERE, underlining the leadership of HERE in providing navigation and mapping solutions for the automotive industry. 30.10. NSN wins a deal with Sprint for the deployment of its TD-LTE network. Other major deals won by NSN in 2013 include e.g. China Mobile and China Telecommunications Corporation. 30.8. 3.9. HERE introduces Nokia announces the the Connected sale of substantially Driving solution. all of its Devices & Services business to Microsoft and changes in its leadership. 12/2013 KEY DATA Based on fi nancial Nokia continuing operations, EURm 2013 2012 Change, % statements according Net sales 12 709 15 400 – 17 to International Operating profi t/loss 519 – 821 Financial Reporting Profi t/loss before tax 243 – 1 179 Standards, IFRS. Profi t/loss attributable to equity holders’ of the parent 186 – 771 Research and development expenses 2 619 3 081 – 15 Nokia Group, % 2013 2012 Return on capital employed neg. neg. Net debt to equity (gearing) – 35 – 47 EUR 2013 2012 Change, % Nokia continuing operations Earnings per share, basic 0.05 – 0.21 Nokia Group Earnings per share, basic – 0.17 – 0.84 – 80 Dividend per share 0.37 * 0.00 Average number of shares (1 000 shares) 3 712 079 3 710 845 * Board’s proposal Nokia continuing businesses, EURm 2013 2012 Change, % Networks Net sales 11 282 13 779 – 18 Operating profi t/loss 420 – 795 HERE Net sales 914 1 103 – 17 Operating loss – 154 – 301 – 49 Technologies Net sales 529 534 – 1 Operating profi t 310 325 – 5 Personnel, December 31 2013 2012 Change, % Networks 48 628 58 411 – 17 HERE 5 741 6 186 – 7 Technologies and Corporate Common Functions 875 950 – 8 Nokia continuing operations 55 244 65 547 – 16 10 major markets, net sales; EURm Continuing operations 2013 2012 USA 1 542 1 498 Main currencies, Japan 1 388 2 176 rates at the end of China 896 1 077 1 EUR USD 1.3751 India 656 757 GBP 0.8444 Germany 609 844 Finland 594 659 CNY 8.3498 Brazil 511 805 INR 85.1620 Russia 421 476 RUB 45.2264 Indonesia 410 418 JPY 141.80 Great Britain 392 540 4 NOKIA IN 2013 REVIEW BY THE BOARD OF DIRECTORS 2013 Year constituted a remarkable time in the almost - non-exclusive license to its patents and Microsoft granted year history of Nokia as two major transactions reshaped the Nokia reciprocal rights to use Microsoft patents in our HERE company. In the fi rst, Nokia purchased the remaining half of a services, our mapping and location services business. The leading telecommunications infrastructure business. In the total purchase price was EUR . billion, of which EUR . bil- second, Nokia divested its devices business which for over lion related to the purchase of substantially all of the Devices three decades had emerged to become a household name. & Services business, and EUR . billion related to the year This has been a transformative time for Nokia, its shareholders, mutual patent license agreement and the option to extend people and other stakeholders. However, we believe that the this agreement in perpetuity (hereafter the transaction is changes we have pursued and executed were in the interests referred to as the “Sale of the D&S Business”). In addition, of Nokia and its shareholders, and today, we believe that the Microsoft became a strategic licensee of the HERE platform, company is on a new path and has the capability to grow a new. and separately pays Nokia for a four-year license. On November , , Nokia’s shareholders confi rmed Sale of substantially all of Devices & Services and approved the transaction at the Extraordinary General business to Microsoft Meeting in Helsinki. We were very pleased by the overwhelm- The process leading to the announcement of the proposed ingly strong support our shareholders gave for the transaction, sale of substantially all of Nokia’s Devices & Services business as total of over % of the votes cast were in favour of the to Microsoft on September , , and eventually to the clos- approval. Having received the approval of Nokia shareholders ing of the transaction on April , , started in early and regulatory authorities as well as fulfi lling other customary when Microsoft approached Nokia indicating its interest in closing conditions, the transaction closed on April , . purchasing all or part of our Devices & Services business. After this contact, we carried out an extensive strategic review and Purchase of the remaining stake in NSN considered a wide range of strategic alternatives and scenarios During the summer we were able to move forward with for the company. This review included, among other things, a negotiating the purchase of Siemens’ share of Nokia Siemens thorough assessment of what would be possible within the Networks, our infrastructure joint venture. We saw potential framework of the partnership with Microsoft, outside of it, as in its leadership in next generation technologies, such as LTE, well as the value of Nokia’s businesses and assets in diff erent as well as in
Load more

Recommended publications
  • Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010
    Nokia in 2010 Review by the Board of Directors and Nokia Annual Accounts 2010 Key data ........................................................................................................................................................................... 2 Review by the Board of Directors 2010 ................................................................................................................ 3 Annual Accounts 2010 Consolidated income statements, IFRS ................................................................................................................ 16 Consolidated statements of comprehensive income, IFRS ............................................................................. 17 Consolidated statements of financial position, IFRS ........................................................................................ 18 Consolidated statements of cash flows, IFRS ..................................................................................................... 19 Consolidated statements of changes in shareholders’ equity, IFRS ............................................................. 20 Notes to the consolidated financial statements ................................................................................................ 22 Income statements, parent company, FAS .......................................................................................................... 66 Balance sheets, parent company, FAS ..................................................................................................................
    [Show full text]
  • The Future of Maps: Technologies, Processes, and Ecosystem
    THE FUTURE OF MAPS: TECHNOLOGIES, PROCESSES, AND ECOSYSTEM Vice President: Dominique Bonte, Senior Analyst: James Hodgson TABLE OF CONTENTS 1. MAPS: BACKGROUND AND MARKET TRENDS 1. MAPS: BACKGROUND AND MARKET TRENDS...................................................1 1.1 INTRODUCTION 1.1 Introduction ......................................................1 Maps remain critical elements across all consumer, mobility, and Internet of Things (IoT) use 1.2 Key Trends ........................................................1 1.2.1. New Mapping Use Cases...........................1 cases, powering a range of transformational paradigms, including location-based search, 1.2.2. New Mapping Content..............................2 social networking, end-to-end freight tracking, and autonomous driving. Maps are at the 1.2.3. Globalization Trend...................................3 1.2.4. Developing Mapping Ecosystem................3 heart of the smartphone, driverless vehicle, and IoT revolution. Maps are ubiquitous and 1.2.5. New Business Models...............................3 taken for granted. However, new demands in terms of accuracy, attributes, functional safety, 1.2.6. Open (source) Location and Mapping Platforms..................................................3 freshness and continuous updates, and quality requirements are turning map making into 2. Building Maps: Data Sources, increasingly complex, high-tech, and expensive processes. While a growing ecosystem of Technologies, Standards, and Processes....3 new entrants and mapping startups
    [Show full text]
  • Nokia Phones: from a Total Success to a Total Fiasco
    Portland State University PDXScholar Engineering and Technology Management Faculty Publications and Presentations Engineering and Technology Management 10-8-2018 Nokia Phones: From a Total Success to a Total Fiasco Ahmed Alibage Portland State University Charles Weber Portland State University, [email protected] Follow this and additional works at: https://pdxscholar.library.pdx.edu/etm_fac Part of the Engineering Commons Let us know how access to this document benefits ou.y Citation Details A. Alibage and C. Weber, "Nokia Phones: From a Total Success to a Total Fiasco: A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed," 2018 Portland International Conference on Management of Engineering and Technology (PICMET), Honolulu, HI, 2018, pp. 1-15. This Article is brought to you for free and open access. It has been accepted for inclusion in Engineering and Technology Management Faculty Publications and Presentations by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. 2018 Proceedings of PICMET '18: Technology Management for Interconnected World Nokia Phones: From a Total Success to a Total Fiasco A Study on Why Nokia Eventually Failed to Connect People, and an Analysis of What the New Home of Nokia Phones Must Do to Succeed Ahmed Alibage, Charles Weber Dept. of Engineering and Technology Management, Portland State University, Portland, Oregon, USA Abstract—This research intensively reviews and analyzes the management made various strategic changes to take the strategic management of technology at Nokia Corporation. Using company back into its leading position, or at least into a traditional narrative literature review and secondary sources, we position that compensates or reduces the losses incurred since reviewed and analyzed the historical transformation of Nokia’s then.
    [Show full text]
  • Case No COMP/M.4942 - NOKIA / NAVTEQ
    EN This text is made available for information purposes only. A summary of this decision is published in all Community languages in the Official Journal of the European Union. Case No COMP/M.4942 - NOKIA / NAVTEQ Only the English text is authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 8 (1) Date: 02/VII/2008 COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 02/VII/2008 C (2008) 3328 PUBLIC VERSION COMMISSION DECISION of 02/VII/2008 declaring a concentration to be compatible with the common market and the EEA Agreement (Case No COMP/M.4942 - NOKIA/ NAVTEQ) COMMISSION DECISION of 02/VII/2008 declaring a concentration to be compatible with the common market and the EEA Agreement (Case No COMP/M.4942 - NOKIA/ NAVTEQ) (Only the English text is authentic) (Text with EEA relevance) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to the Agreement on the European Economic Area, and in particular Article 57 thereof, Having regard to Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings1, and in particular Article 8(1) thereof, Having regard to the Commission's decision of 28 March 2008 to initiate proceedings in this case, After consulting the Advisory Committee on Concentrations, Having regard to the final report of the Hearing Officer in this case, Whereas: I. INTRODUCTION (1) On 19 February 2008, the Commission received a notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 ("the Merger Regulation") by which the undertaking Nokia Inc.
    [Show full text]
  • Nokia Corporation (Exact Name of Registrant As Specified in Its Charter)
    Table of Contents As filed with the Securities and Exchange Commission on March 7, 2013. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012 Commission file number 1-13202 Nokia Corporation (Exact name of Registrant as specified in its charter) Republic of Finland (Jurisdiction of incorporation) Keilalahdentie 4, P.O. Box 226, FI-00045 NOKIA GROUP, Espoo, Finland (Address of principal executive offices) Riikka Tieaho, Vice President, Corporate Legal, Telephone: +358 (0)7 1800-8000, Facsimile: +358 (0) 7 1803-8503 Keilalahdentie 4, P.O. Box 226, FI-00045 NOKIA GROUP, Espoo, Finland (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”): Title of each class Name of each exchange on which registered American Depositary Shares New York Stock Exchange Shares New York Stock Exchange(1) (1) Not for trading, but only in connection with the registration of American Depositary Shares representing these shares, pursuant to the requirements of the Securities and Exchange Commission. Securities registered pursuant to Section 12(g) of the Exchange Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Exchange Act: 5.375% Notes due 2019 and 6.625% Notes due 2039 Indicate the number of outstanding shares of each of the registrant’s classes of capital or common stock as of the close of the period covered by the annual report.
    [Show full text]
  • Printmgr File
    NOKIA FORM 20-F 2013 NOKIA FORM NOKIA ANNUAL REPORT ON FORM 20-F 2013 Copyright © 2014 Nokia Corporation. All rights reserved. Nokia and Nokia Connecting People are registered trademarks of Nokia Corporation. As filed with the Securities and Exchange Commission on April 30, 2014. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2013 Commission file number 1-13202 Nokia Corporation (Exact name of Registrant as specified in its charter) Republic of Finland (Jurisdiction of incorporation) Karakaari 7, P.O. Box 226, FI-02610 NOKIA GROUP, Espoo, Finland (Address of principal executive offices) Riikka Tieaho, Vice President, Corporate Legal, Telephone: +358 (0) 10 44 88 000, Facsimile: +358 (0) 7 1803-8503, Karakaari 7, P.O. Box 226, FI-02610 NOKIA GROUP, Espoo, Finland (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”): Title of each class Name of each exchange on which registered American Depositary Shares New York Stock Exchange Shares New York Stock Exchange(1) (1) Not for trading, but only in connection with the registration of American Depositary Shares representing these shares, pursuant to the requirements of the Securities and Exchange Commission. Securities registered pursuant to Section 12(g) of the Exchange Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Exchange Act: 5.375% Notes due 2019 and 6.625% Notes due 2039.
    [Show full text]
  • Nokia in 2014 at Nokia, We’Re Excited by Where Technology Will Lead Us
    Nokia in 2014 At Nokia, we’re excited by where technology will lead us. We’re reimagining a world where technology blends into our lives. Technology that works for us, discreetly yet magically in the background, enriching our lives. But for some, this new technology world, where everything and everybody are connected, can be challenging. Fear of intrusion, technology that seems hard to understand or control, and the complexity of choice, can be overwhelming. That’s why our focus is, and has always been, on people. We work together, with our partners, customers, and across our businesses, to create human technology that helps people thrive. Effortless, simple, and intuitive technology, designed to enable new and extraordinary experiences in people’s lives each day. We see the possibilities of technology. The human possibilities. Read more online: company.nokia.com The year 2014 was one of fundamental rapidly evolving world of technology which is change for Nokia, a new chapter in our storied as much about connecting things as about history, which stretches back to the founding connecting people. We expect to see more of a small paper mill in southern Finland in than 50 billion connected things—devices, 1865. Following the sale of substantially all of modules and sensors—by year 2025. The our Devices & Services business to Microsoft opportunity is extraordinary—not just for us, (the “Sale of the D&S Business”), which was but for the world at large. completed on April 25, 2014, Nokia emerged with three businesses—Nokia Networks, HERE We have a powerful role to play in this and Nokia Technologies—and a significantly increasingly connected world.
    [Show full text]
  • Nokia OYJ ADR [NYSE: NOK]
    Nokia OYJ ADR [NYSE: NOK] Created by Rahul Madhu March 25th , 2012 1 Presentation Overview • History/Company Overview • Misperception • Thesis Points • Catalyst • Risk • VAR • Recommendation 2 History • Founded in 1865 near Tampere • As wood pulp manufacturer • 1967 – Nokia Company , Finnish Rubber Works and Finnish Cable Works merged, into the Nokia Corporation. 3 History • By 1970s, Nokia began to focus on networking solutions. • With the adoption of GSM in Europe, the Company began to focus solely on consumer cellular devices. • Nokian Tyres/Footwear • By the start of new millennium, the company had corned the mobile cellular market. 4 Stock 5 Financials In USD Last price $5.42 Market Cap $19.63 b EPS (TTM) -.41 P/E -- Forward P/E 13.92 2010 Revenue $51.01 b Yield 3.5 % P/Sales .4 Beta 1.86 6 Company Structure: • Nokia • Mobile Solutions • Mobile Phones • Markets • Subsidiaries • Navteq [2007] • Nokia Siemens Networks [JV 2007 ] • Vertu 7 Misperceptions: Symbian • Many people perceive that Nokia will not be able to build feature phones, because they are dropping the Symbian platform for the Windows phone OS. • False, Nokia is only dropping S60, but keeping S40 OS for the feature phones. 8 Misperceptions: Symbian S60 S40 Symbian Feature phone OS Used in Very Popular Developed in Developing countries Countries 9 Misperceptions: Smartphones • Many people perceive that feature phones is dying sector and everyone is willing to switch over to smart phones. • False, Feature phone market is slowly declining and the distinction between them is almost non-exist. • Number of cellphone companies have withdrawn from this market 10 Misperceptions: Smartphones • 1 GHz CPU Sony Ericsson • 3’ Xperia X10 • 2G/3G • Bluetooth 2.1 Mini pro • 512 mB ram • 1 GHz CPU Nokia Asha • 2.6’ • 2G/3G 303 • Bluetooth 2.1 • 128 mB ram 11 Misperceptions: Hardware • Nokia phones are outdated when compared to its competitors • False, Nokia’s hardware is similar to LG, Apple.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION FORM 20F Nokia Corporation
    As filed with the Securities and Exchange Commission on March 5, 2009. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20­F ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2008 Commission file number 1­13202 Nokia Corporation (Exact name of Registrant as specified in its charter) Republic of Finland (Jurisdiction of incorporation) Keilalahdentie 4, P.O. Box 226, FI­00045 NOKIA GROUP, Espoo, Finland (Address of principal executive offices) Kaarina Sta˚hlberg, Vice President, Assistant General Counsel Telephone: +358 (0) 7 1800­8000, Facsimile: +358 (0) 7 1803­8503 Keilalahdentie 4, P.O. Box 226, FI­00045 NOKIA GROUP, Espoo, Finland (Name, Telephone, E­mail and/or Facsimile number and Address of Company Contact Person) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”): Name of each exchange Title of each class on which registered American Depositary Shares New York Stock Exchange Shares New York Stock Exchange(1) (1) Not for trading, but only in connection with the registration of American Depositary Shares representing these shares, pursuant to the requirements of the Securities and Exchange Commission. Securities registered pursuant to Section 12(g) of the Exchange Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Exchange Act: None Indicate the number of outstanding shares of each of the registrant’s classes of capital or common stock as of the close of the period covered by the annual report.
    [Show full text]
  • Nokia Corporation Q2 2012 Interim Report FINANCIAL AND
    INTERIM REPORT 1(35) Nokia Corporation July 19, 2012 at 13:00 (CET +1) Nokia Corporation Q2 2012 Interim Report FINANCIAL AND OPERATING HIGHLIGHTS Nokia net sales in Q2 2012 were EUR 7.5 billion, up from EUR 7.4 billion in Q1 2012 - Nokia Devices & Services Q2 net sales decreased 5% quarter-on-quarter. - Lumia Q2 volumes increased quarter-on-quarter to 4 million units. - Mobile Phones Q2 volumes increased quarter-on-quarter and year-on-year to 73 million units. Nokia non-IFRS EPS in Q2 2012 of EUR -0.08, level with Q1 2012; reported EPS EUR -0.38 - Reported EPS adversely affected by non-cash valuation allowances related to deferred tax assets* of EUR 800 million, inventory-related allowances, and restructuring related charges. - Devices & Services Q2 non-IFRS operating margin negative 9.1%, adversely affected by EUR 220 million of inventory-related allowances for our Lumia, Symbian and MeeGo devices. Smart Devices Q2 gross margin and contribution adversely affected by the inventory-related allowances. Q3 expected to be a challenging quarter in Smart Devices due to product transitions. - Nokia Siemens Networks returned to non-IFRS operating profitability in Q2; restructuring progressing well and company seeing continued progress against new strategy that focuses on key markets and product segments. Both gross and net cash higher year-on-year - Nokia ended Q2 with gross cash of EUR 9.4 billion and net cash of EUR 4.2 billion. - Net cash lower quarter-on-quarter, after EUR 742 million annual dividend payment to shareholders. - Nokia Q2 net cash from operating activities of positive EUR 102 million, including receipt of EUR 400 million pre- payments from existing IPR licenses.
    [Show full text]
  • 1 Nokia People & Planet Report 2012
    NOKIA PEOPLE & PLANET REPORT 2012 1 NOKIA PEOPLE & PLANET REPORT 2012 NOKIA PEOPLE & PLANET REPORT 2012 2 Contents 1.0 ABOUT THIS REPORT 3.0 NOKIA & THE PLANET 1.1 THE SCOPE OF THIS REPORT 3.1 A LEADING ENVIRONMENTALLY-RESPONSIBLE 1.2 GREETINGS FROM NOKIA’S CEO PRODUCT RANGE 1.3 NOKIA IN 2012 3.1.1 DESIGN FOR THE ENVIRONMENT PROCESS 1.4 KEY SUSTAINABILITY TOPICS 3.1.2 PRODUCT LIFECYCLE ASSESSMENT (LCA) 1.4.1 IDENTIFYING KEY SUSTAINABILITY TOPICS 3.1.3 SUBSTANCE AND MATERIALS MANAGEMENT 1.4.2 OUR KEY SUSTAINABILITY TOPICS TABLE 3.1.4 PACKAGING 1.5. SUSTAINABILITY STRATEGY, TARGETS & PERFORMANCE 3.1.5 TAKEBACK & RECYCLING 1.5.1 OUR SUSTAINABILITY VISION 3.2 ENABLING SUSTAINABLE LIFESTYLE 1.5.2 NOKIA’S SUSTAINABILITY STRATEGY 3.2.1 REPLACING SEVERAL PRODUCTS WITH 1.5.3 WE STRIVE FOR NET POSITIVE IMPACT ONE SMARTPHONE 1.5.4 KEY SUSTAINABILITY TARGETS AND 3.2.2 HELPING SAVE ENERGY WITH PERFORMANCE TABLE ENERGY-EFFICIENT SOLUTIONS 1.6 ACHIEVEMENTS & CHALLENGES IN 2012 3.3 OUR ENVIRONMENTAL IMPACT 1.6.1 SUSTAINABILITY RANKINGS 2012 3.3.1 CLIMATE TARGETS 1.6.2 EXTERNAL RECOGNITION FOR OUR 3.3.2 ENVIRONMENTAL MANAGEMENT SYSTEMS (EMS) WORK IN 2012 3.3.3 GREEN OPERATIONS AND FACILITIES 1.7 NOKIA’S SUSTAINABILITY MANAGEMENT 3.4 NOKIA AND SUPPLIERS 1.7.1 SUSTAINABILITY GOVERNANCE 3.4.1 NOKIA SUPPLIER REQUIREMENTS 1.8 RISK & OPPORTUNITY MANAGEMENT 3.4.2 SUPPLIER ASSESSMENTS 3.4.3 THE ENVIRONMENTAL IMPACT OF OUR SUPPLY CHAIN 2.0 NOKIA & PEOPLE 3.4.4 IMPROVING SOCIAL CONDITIONS IN OUR SUPPLY CHAIN 2.1 UNLEASHING THE POTENTIAL OF MOBILE TECHNOLOGY 3.4.5
    [Show full text]
  • The Intensity of Competitive Rivalry – HIGH
    Table of contents Introduction 1. History of Nokia Company…………………………..2 Body 2. Strategic Analysis…………………………………………..9 3. External Environment…………………………………….10 4. PESTEL……………………………………………………11 5. Porters Five(5) Forces……………………………………13 6. Industry Life Cycle………………………………………..18 7. SWOT Analysis…………………………………………...19 8. Scenario Planning………………………………………..22 9. Strategic Options…………………………………………26 10. Questionnaire : …………………………………………..27 10.1 Analysis Tools……………………………………..29 10.2 Findings…………………………………………...29 Conclusion 11. Recommendations…………………………………..30 12. References……………………………………………31 13. Bibliography…………………………………………32 Introduction History of Nokia Company Over the past 150 years, Nokia has evolved from a riverside paper mill in south-western Finland to a global telecommunications leader connecting over 1.3 billion people. During that time, we’ve made rubber boots and car types. We’ve generated electricity. We’ve even manufactured TVs. Changing with the times, disrupting the status quo – it’s what we’ve always done. And we fully intend to keep doing it. The story so far Once upon a time, by the Nokianvirta river… In 1865, mining engineer Fredrik Idestam sets up his first wood pulp mill at the Tammerkoski Rapids in south-western Finland. A few years later he opens a second mill on the banks of the Nokianvirta River, which inspires him to name his company Nokia Ab in 1871. How apt that Nokia begins by making paper – one of the most influential communications technologies in history. The galoshes revolution OK, so it’s not exactly a revolution. But in 1898, Eduard Polón founds Finnish Rubber Works, which later becomes Nokia’s rubber business, making everything from galoshes to tyres. Nokia rubber boots become a bona fide design classic, still on sale to this day – though we no longer make them.
    [Show full text]