DOCSLIB.ORG

Review by the Board of Directors and Nokia Annual Accounts 2007

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Review by the Board of Directors and Nokia Annual Accounts 2007 Nokia in 2007 Review by the Board of Directors and Nokia Annual Accounts 2007 Key data 2007 ........................................................................................................................................... 2 Review by the Board of Directors ...................................................................................................... 3 Annual Accounts 2007 Consolidated profit and loss accounts, IFRS ..................................................................................... 8 Consolidated balance sheets, IFRS ....................................................................................................... 9 Consolidated cash flow statements, IFRS ....................................................................................... 10 Consolidated statements of changes in shareholders’ equity, IFRS ........................................ 12 Notes to the consolidated financial statements ........................................................................... 13 Profit and loss accounts, parent company, FAS ............................................................................. 46 Balance sheets, parent company, FAS .............................................................................................. 46 Cash flow statements, parent company, FAS ................................................................................. 47 Notes to the financial statements of the parent company ........................................................ 48 Nokia shares and shareholders ......................................................................................................... 52 Nokia Group 2003–2007, IFRS ............................................................................................................. 56 Calculation of key ratios ...................................................................................................................... 58 Proposal by the Board of Directors for distribution of profit .................................................... 59 Auditors’ report ..................................................................................................................................... 60 Additional information Critical accounting policies ................................................................................................................ 62 Group Executive Board ........................................................................................................................ 66 Board of Directors ................................................................................................................................. 68 Corporate governance ......................................................................................................................... 70 Investor information ............................................................................................................................ 86 Contact information ............................................................................................................................. 87 Key data * Based on financial statements according to International Financial Reporting Standards, IFRS Nokia, EURm 2007 2006 Change, % Net sales 51 058 41 121 24 Operating profit 7 985 5 488 45 Profit before taxes 8 268 5 723 44 Profit attributable to equity holders’ of the parent 7 205 4 306 67 Research and development 5 647 3 897 45 % 2007 2006 Return on capital employed 54.3 45.8 Net debt to equity (gearing) – 61 – 68 EUR 2007 2006 Change, % Earnings per share, basic 1.85 1.06 75 Dividend per share 0.53 ** 0.43 23 Average number of shares (1 000 shares) 3 885 408 4 062 833 ** Board’s proposal Business Groups, EURm 2007 2006 Change, % Mobile Phones Net sales 25 083 24 769 1 Operating profit 5 434 4 100 33 Multimedia Net sales 10 538 7 877 34 Operating profit 2 230 1 319 69 Enterprise Solutions Net sales 2 070 1 031 101 Operating profit 267 – 258 Nokia Siemens Networks Net sales 13 393 7 453 80 Operating profit – 1 308 808 Personnel, December 31 2007 2006 Change, % Mobile Phones 3 614 3 409 6 Multimedia 3 923 3 397 15 Enterprise Solutions 2 059 2 308 – 11 Nokia Siemens Networks 58 423 21 061 177 Common Group Functions 44 243 38 308 15 Nokia Group 112 262 68 483 64 10 major markets, net sales, EURm 2007 2006 China 5 898 4 913 India 3 684 2 713 Germany 2 641 2 060 UK 2 574 2 425 USA 2 124 2 815 Russia 2 012 1 518 Spain 1 830 1 139 Italy 1 792 1 394 Indonesia 1 754 1 069 Brazil 1 257 1 044 10 major countries, personnel, December 31 2007 2006 Finland 23 015 23 894 Germany 13 926 3 887 China 12 856 7 191 Main currencies, India 11 491 6 494 rates at the end of 2007 Brazil 8 527 1 960 Hungary 6 601 4 947 1 EUR USD 1.4439 United States 5 269 5 127 GBP 0.7148 Mexico 3 056 2 764 SEK 9.4397 UK 2 618 2 317 JPY 163.52 Italy 2 129 493 * As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of Nokia’s former Networks business group and Siemens’ carrier-related operations for fixed and mobile networks. Accordingly, the results of the Nokia Group and Nokia Siemens Networks for the year ended December 31, 2007 are not directly comparable with the results of the year ended December 31, 2006. Nokia’s 2006 results included Nokia’s former Networks business group only. 2 Nokia in 2007 Review by the Board of Directors 2007 * Nokia’s net sales for 2007 increased 24% to EUR 51 058 2006, reflecting continued efforts to gain efficiencies Operating highlights in 2007 million (EUR 41 121 million for 2006). Net sales of in our investments. As of December 31, 2007, Nokia Mobile Phones for 2007 increased 1% to EUR 25 083 employed 30 415 people in research and development, Nokia Group million (EUR 24 769 million). Net sales of Multimedia representing approximately 27% of the group’s total » On June 20, 2007, Nokia announced that it would for 2007 increased 34% to EUR 10 538 million (EUR workforce, and had a strong research and develop- introduce a new integrated company structure 7 877 million). Net sales of Enterprise Solutions for ment presence in 10 countries. for its devices business from January 1, 2008. As 2007 increased 101% to EUR 2 070 million (EUR 1 031 In 2007, Nokia’s selling and marketing expenses part of this reorganization, Nokia has replaced its million). Net sales of Nokia Siemens Networks were were EUR 4 380 million, up 32% from EUR 3 314 million three reportable devices segments with an inte- EUR 13 393 million. in 2006, reflecting increased selling and marketing grated reportable segment, Devices & Services. In 2007, Europe accounted for 39% of Nokia’s net spend in all business groups to support new product sales (38% in 2006), Asia-Pacific 22% (20%), China introductions and the higher level of overall Nokia net » In August, Nokia introduced Ovi, the company’s 12% (13%), North America 5% (7%), Latin America sales. The increased selling and marketing expense new Internet services brand name. Ovi will en- 8% (9%), and Middle East & Africa 14% (13%). The 10 also was impacted by the formation of Nokia Siemens able people to easily access their existing social markets in which Nokia generated the greatest net Networks, which added Siemens’ carrier-related network, communities and content, as well as act sales in 2007 were, in descending order of magnitude, operations and associated selling and marketing ex- as a gateway to Nokia services. China, India, Germany, the UK, the US, Russia, Spain, penses. Selling and marketing expenses for 2007 also Italy, Indonesia and Brazil, together representing included special items of EUR 149 million. Selling and » As part of Ovi, Nokia announced the Nokia Music approximately 50% of total net sales in 2007. In com- marketing expenses have been higher as a percent Store and N-Gage, two services that make it easy parison, the 10 markets in which Nokia generated the of sales for both Nokia’s former Networks business for people to discover, try and buy music and greatest net sales in 2006 were China, the US, India, group and Nokia Siemens Networks than for the Nokia games respectively, from a range of artists and the UK, Germany, Russia, Italy, Spain, Indonesia and Group. Selling and marketing expenses for the Nokia publishers, including exclusive content only avail- Brazil, together representing approximately 51% of Group represented 8.6% of its net sales in 2007, up able through Nokia. The Nokia Music Store went total net sales in 2006. from 8.1% in 2006. Selling and marketing expenses for live in the UK in November 2007 and the N-Gage Nokia’s operating profit for 2007 increased 45% the device business represented 7.5% of its net sales games service is expected to go live in early 2008. to EUR 7 985 million, including net positive special in 2007, down from 7.9% in 2006, reflecting continued » In December, we announced Nokia Comes With items of EUR 858 million (operating profit of EUR 5 488 efforts to gain efficiencies in our investments. Music, a program that will enable people to buy million in 2006, including net positive special items Administrative and general expenses were EUR a Nokia device with access to millions of tracks of EUR 171 million), representing a 2007 operating 1 180 million in 2007, compared to EUR 666 million in from a range of artists. Nokia Comes With Music margin of 15.6% (13.3%). Operating profit in Mobile 2006. Administrative and general expenses were equal is
Load more

Recommended publications
  • Proposed Members to the Board of Directors 130.83 KB
    Nominated current members of the Board of Directors Håkan Buskhe Member of Stora Enso’s Board of Directors since June 2020. Independent of the company but not of its significant shareholders due to his position as CEO of FAM AB. Håkan Buskhe, M.Sc. Eng., Licentiate of Engineering, born 1963, Swedish citizen. Chair of the Board of Directors of IPCO AB. Member of the Board of AB SKF, Munters Group and Kopparfors Skogar. CEO of FAM AB. CEO and President of SAAB AB (2010–2019) and E.ON Nordic (2008– 2010). Previous working experience further includes executive positions in E.ON Sweden (2006– 2008), acting as CEO of the logistics company Schenker North (2001–2006) as well as several positions in Storel AB (1998–2001), Carlsberg A/S (1994–1998) and Scansped AB (1988–1994). Buskhe has further held positions as Board member in several venture capital companies. Owns 2 781 R shares in Stora Enso. Elisabeth Fleuriot Member of Stora Enso’s Board of Directors since April 2013. Independent of the company and the significant shareholders. Born 1956. M.Sc. (Econ.). Board member and Chair of CSR Committee at G4S. Chair of the Board of Ynsect and Foundation Caritas. President and CEO of Thai Union Europe Africa 2013–2017. Senior Vice President, Emerging Markets and Regional Vice President, France, Benelux, Russia and Turkey, in Kellogg Company 2001–2013. General Manager, Europe, in Yoplait, Sodiaal Group 1998–2001. Several management positions in Danone Group 1979–1997. Owns 26 512 R shares in Stora Enso. Hock Goh Member of Stora Enso’s Board of Directors since April 2012.
    [Show full text]
  • E66 User Guide
    E66 User Guide 9207000 Issue 2 DECLARATION OF CONFORMITY Hereby, NOKIA CORPORATION declares that this RM-343 product is in compliance with the essential requirements and other relevant provisions of Directive 1999/5/EC. A copy of the Declaration of Conformity can be found at http:// www.nokia.com/phones/declaration_of_conformity/. © 2008 Nokia. All rights reserved. Nokia, Nokia Connecting People, Eseries, E66, and Visual Radio are trademarks or registered trademarks of Nokia Corporation. Nokia tune is a sound mark of Nokia Corporation. Other product and company names mentioned herein may be trademarks or tradenames of their respective owners. Reproduction, transfer, distribution, or storage of part or all of the contents in this document in any form without the prior written permission of Nokia is prohibited. US Patent No 5818437 and other pending patents. T9 text input software Copyright © 1997-2008. Tegic Communications, Inc. All rights reserved. This product includes software licensed from Symbian Software Ltd ©1998-2008. Symbian and Symbian OS are trademarks of Symbian Ltd. Java and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc. Portions of the Nokia Maps software are ©1996-2008 The FreeType Project. All rights reserved. This product is licensed under the MPEG-4 Visual Patent Portfolio License (i) for personal and noncommercial use in connection with information which has been encoded in compliance with the MPEG-4 Visual Standard by a consumer engaged in a personal and noncommercial activity and (ii) for use in connection with MPEG-4 video provided by a licensed video provider. No license is granted or shall be implied for any other use.
    [Show full text]
  • Nokia Lumia 635 User Guide
    User Guide Nokia Lumia 635 Issue 1.0 EN-US Psst... This guide isn't all there is... There's a user guide in your phone – it's always with you, available when needed. Check out videos, find answers to your questions, and get helpful tips. On the start screen, swipe left, and tap Nokia Care. If you’re new to Windows Phone, check out the section for new Windows Phone users. Check out the support videos at www.youtube.com/NokiaSupportVideos. For info on Microsoft Mobile Service terms and Privacy policy, go to www.nokia.com/privacy. First start-up Your new phone comes with great features that are installed when you start your phone for the first time. Allow some minutes while your phone sets up. © 2014 Microsoft Mobile. All rights reserved. 2 User Guide Nokia Lumia 635 Contents For your safety 5 Camera 69 Get started 6 Get to know Nokia Camera 69 Keys and parts 6 Change the default camera 69 Insert the SIM and memory card 6 Camera basics 69 Remove the SIM and memory card 9 Advanced photography 71 Switch the phone on 11 Photos and videos 75 Charge your phone 12 Maps & navigation 79 Transfer content to your Nokia Lumia 14 Switch location services on 79 Lock the keys and screen 16 Positioning methods 79 Connect the headset 17 Internet 80 Antenna locations 18 Define internet connections 80 Basics 19 Connect your computer to the web 80 Get to know your phone 19 Use your data plan efficiently 81 Accounts 28 Web browser 81 Personalize your phone 32 Search the web 83 Cortana 36 Close internet connections 83 Take a screenshot 37 Entertainment 85 Extend battery life 38 Watch and listen 85 Save on data roaming costs 39 FM radio 86 Write text 40 MixRadio 87 Scan codes or text 43 Sync music and videos between your phone and computer 87 Clock and calendar 44 Games 88 Browse your SIM apps 47 Office 90 Store 47 Microsoft Office Mobile 90 People & messaging 50 Write a note 92 Calls 50 Continue with a document on another Contacts 55 device 93 Social networks 59 Use the calculator 93 Messages 60 Use your work phone 93 Mail 64 Tips for business users 94 © 2014 Microsoft Mobile.
    [Show full text]
  • 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]
  • Palm Security WP.Qxd
    Palm® Mobility Series: Security Smartphone and handheld security for mobile business. Mobile computing: Opportunities and risk By providing professionals with convenient mobile access to email, business applications, customer information and critical corporate data, businesses can become more productive, streamline business processes and enable better decision making. With the new ease of access to information comes a responsibility to protect the organization's data as well as the investment in mobile devices. In many ways, security risks for mobile computing are similar to those for other computing platforms. There are the usual concerns of protecting data, authenticating users, and shielding against viruses and other malicious Contents code. But because of their mobility and compact size, smartphones and handhelds present some additional challenges: Mobile computing: Opportunities and risk...................................................... 1 Know thy enemy: Security risks...................................................................... 2 • Smartphones and handhelds are more easily lost or stolen than Theft and loss ............................................................................................ 2 laptop or desktop computers. Password cracking .................................................................................... 2 Data interception ...................................................................................... 2 • Users often treat smartphones and handhelds as personal devices Malicious code
    [Show full text]
  • Kesko Investor Presentation
    Kesko Investor Presentation September 2017 K Group the Third Biggest Retail Operator in Northern Europe • K Group’s retail sales €12.9bn* • K Group formed by Kesko and 1,088 K-retailer entrepreneurs • Operations in nine countries • 45,000 trading sector professionals, over 30,000 in Finland • Significant social impact in Finland • Kesko shares listed on Nasdaq Helsinki with €4.4 bn market capitalisation and close to 42,000 shareholders (6/2017) *Pro forma rolling 12 mo 6/2017 2 Net Sales and Comparable Operating Profit by Division Net sales* Comparable operating profit* €890 million €31.9 million 8% 10% €4,724 million 40% €10,967 €274.8 52% €5,359 million €98.2 million 32% 58% €178.0 million million million Grocery trade Building and technical trade Car trade *Rolling 12 mo 6/2017 3 Growth Opportunities Supported by Megatrends Global Digital Urbanization, Consumers' Corporate Climate economy revolution single person knowledge responsibility change - international households and power has and strong operators and ageing increased brands challenge local population companies 5 The Core of Kesko’s Strategy is Profitable Growth in Three Strategic Areas Grocery trade Building and technical trade Car trade Retail sales €6.7bn* Retail sales €5.3bn* Retail sales €0.9bn* 1,300 stores in Finland 600 stores in 9 countries VW, Audi, Seat, Porsche and MAN trucks #2 in the Finnish retail market #1 in Northern Europe #1 in Finland #1 in Finnish food service business *Pro forma rolling 12 mo 6/2017 5 Growth Strategy Implementation is Progressing towards
    [Show full text]
  • Kesko Corporation Communications of Progress 2019
    RSPO Annual Kesko Corporation Communications of Progress 2019 Particulars About Your Organisation 1.1 Name of your organization Kesko Corporation 1.2 What is/are the primary activity(ies) or product(s) of your organization? Grower Processor and/or Trader Consumer Goods Manufacturer Retailer and/or Wholesaler Bank and/or Investor Social and/or Development NGO Environmental and/or Conservation NGO Supply Chain Associate Affiliate 1.3 Membership number 3-0045-11-000-00 1.4 Membership category Retailers 1.5 Membership sector Ordinary Particulars Form Page 1/1 RSPO Annual Kesko Corporation Communications of Progress 2019 Retailer and/or Wholesaler 1. Operational Profile 1.1 Please state your main activity(ies) within the palm oil supply chain. Please select the option(s) that apply to you Wholesaler Retail Food service providers Own-brand Third-party brands Other: Other: 2. Palm Oil Use and Certification Progress 2.1 Please include details of all operations using palm oil, owned and/or managed by the member and/or all entities that belong to the group. This report covers Kesko´s grocery trade operations in Finland. It covers the grocery trades own brand products (Pirkka, K-Menu and Menu), both the Finnish production chain and the sourcing from other countries. 2.1.1 In which markets do you sell goods with palm oil and oil palm products? Finland 2.2 Total volume of all palm oil and oil palm products in the goods sold in the year: 2.2.1 Total volume of refined /crude palm oil in the goods sold in the year (tonnes) 1,025.00 2.2.2 Total volume
    [Show full text]
  • Manual Do Utilizador Do Nokia 5310 Xpressmusic
    Manual do Utilizador do Nokia 5310 XpressMusic 9203503 Edição 1 DECLARAÇÃO DE CONFORMIDADE NOKIA CORPORATION declara que este RM-303 está conforme com os requisitos essenciais e outras disposições da Directiva 1999/5/CE. É possível obter uma cópia da Declaração de Conformidade no endereço http://www.nokia.com/phones/declaration_of_conformity/. © 2007 Nokia. Todos os direitos reservados. Nokia, Nokia Connecting People, Visual Radio e Navi são marcas comerciais ou marcas registadas da Nokia Corporation. Nokia tune é uma marca sonora da Nokia Corporation. Os nomes de outros produtos e empresas mencionados neste documento poderão ser marcas comerciais ou nomes comerciais dos respectivos proprietários. É proibido reproduzir, transferir, distribuir ou armazenar a totalidade ou parte do conteúdo deste documento, seja sob que forma for, sem a prévia autorização escrita da Nokia. US Patent No 5818437 and other pending patents. T9 text input software Copyright © 1997-2007. Tegic Communications, Inc. All rights reserved. Includes RSA BSAFE cryptographic or security protocol software from RSA Security. Java and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc. This product is licensed under the MPEG-4 Visual Patent Portfolio License (i) for personal and noncommercial use in connection with information which has been encoded in compliance with the MPEG-4 Visual Standard by a consumer engaged in a personal and noncommercial activity and (ii) for use in connection with MPEG-4 video provided by a licensed video provider. No license is granted or shall be implied for any other use. Additional information, including that related to promotional, internal, and commercial uses, may be obtained from MPEG LA, LLC.
    [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]
  • Intracompany Governance and Innovation
    NBER WORKING PAPER SERIES INTRACOMPANY GOVERNANCE AND INNOVATION Sharon Belenzon Tomer Berkovitz Patrick Bolton Working Paper 15304 http://www.nber.org/papers/w15304 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 August 2009 We thank Liat Oren for invaluable assistance with the programming of the ownership algorithm and Hadar Gafni for excellent research assistance. We also thank Luca Enriques, Daniel Ferreira, Ronald Gilson, Joshua Lerner, Randall Morck, Daniel Paravisini, Katharina Pistor, David Robinson, John Van Reenen and Daniel Wolfenzon for helpful comments. All remaining errors are our own. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer- reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2009 by Sharon Belenzon, Tomer Berkovitz, and Patrick Bolton. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Intracompany Governance and Innovation Sharon Belenzon, Tomer Berkovitz, and Patrick Bolton NBER Working Paper No. 15304 August 2009 JEL No. O16,O31,O32 ABSTRACT This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and publicly traded innovating firms in the US and 15 European countries. A striking novel observation emerges from our analysis: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is concentrated in private firms and in business groups in continental European countries.
    [Show full text]
  • Guide D'utilisation Du Nokia Lumia
    Guide d'utilisation Nokia Lumia 520 Version 4.0 FR-CA Psitt... Il n’y a pas que ce guide... Votre téléphone comprend un guide d’utilisation; il est toujours avec vous, disponible quand vous en avez besoin. Faites glisser votre doigt vers la gauche sur l’écran d’accueil, puis appuyez sur Nokia Care. Les instructions contenues dans ce guide d'utilisation sont basées sur la version la plus récente du logiciel. Si votre appareil n'a pas été mis à jour avec la version la plus récente du logiciel, il peut y avoir des différences dans la disponibilité et la fonctionnalité de certaines fonctions. Regardez les vidéos à l’adresse www.youtube.com/NokiaSupportVideos. Pour de plus amples renseignements sur les modalités du service et la politique de confidentialité de Nokia, rendez-vous au www.nokia.com/privacy. © 2014 Microsoft Mobile. Tous droits réservés. 2 Guide d'utilisation Nokia Lumia 520 Table des matières Pour assurer votre sécurité 5 Courriel 68 Avant de commencer 6 Photo-Vidéo 74 Touches et composants 6 Apprendre à connaître l'appareil photo Nokia 74 Insérer la carte SIM 6 Changer l’appareil photo par défaut 74 Insérer la carte mémoire 8 Fonctions de base de l’appareil photo 74 Retirer la carte SIM et la carte mémoire 10 Photographie avancée 76 Allumer le téléphone 12 Photos et vidéos 80 Charger votre téléphone 13 Cartes et navigation 84 Transférer du contenu vers votre Nokia Lumia 15 Activer les services de localisation 84 Verrouiller les touches et l’écran 18 HERE apps 84 Connecter l’écouteur 19 Méthodes de positionnement 84 Emplacement
    [Show full text]
  • Opera Mini Opera Mobile Shipments Pre-Installed in 4Q08: 7.3 Million
    Opera Software Fourth quarter 2008 A note from our lawyers 2 This presentation contains and is, i.a., based on forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements . Forward-looking statements may in some cases be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “pp,gpgyotential” or “continue”, the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially, and a number of factors may cause our actual results to differ materially from any such statement. Although we believe that the expectations and assumptions reflected in the statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievement. Opera Software ASA makes no representation or warranty (express or implied) as to the correctness or completeness of the presentation, and neither Opera Software ASA nor any of its direc tors or emp loyees assumes any lia bility resu lting from use. Excep t as requ ire d by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations. You are advised, however, to consult any further public disclosures made by us, su ch as filings made w ith the OSE or press releases .
    [Show full text]