Recasting of Nokia quarterly and full year 2010...

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FIRST QUARTER 2010, REPORTED, EUR million
(unaudited)
	Smart Device s 1- 3/201 0	Mobile Phone s 1-3/201 0	Devices & Services other 1- 3/2010	Devices & Service s 1- 3/2010	Location & Commer ce 1- 3/2010	Nokia Siemens Networks 1-3/2010	Corpor ate Commo n 1-3/2010	Elimi natin ns 1- 3/2010	Nokia Group 1-3/2010
Net sales	3,363	3,194	107	6,664	193	2,718	-	-53	9,522
Cost of sales	-2,243	-2,233	-55	-4,531	-30	-1,936	-	53	-6,444
Gross profit	1,120	961	52	2,133	163	782	-	-	3,078
% of net sales	33.3	30.1	48.6	32.0	84.5	28.8			32.3
Operating expenses	-846	-341	-107	-1,294	-306	-1,015	-12	-	-2,627
Other income and expenses	28	-	9	37	1	7	-8	-	37
Contribution	302	620	-46
% of net sales	9.0	19.4	-43.0
Operating profit				876	-142	-226	-20	-	488
% of net sales				13.1	-73.6	-8.3			5.1

SECOND QUARTER 2010, REPORTED, EUR million
(unaudited)
	Smart Devices 4- 6/2010	Mobile Phones 4- 6/2010	Devices & Services other 4- 6/2010	Devices & Services 4-6/2010	Location & Commerce 4- 6/2010	Nokia Siemens Networks 4-6/2010	Corporate Common 4- 6/2010	Elimin ations 4- 6/2010	Nokia Group 4-6/2010
Net sales	3,503	3,190	105	6,798	208	3,039	-	-42	10,003
Cost of sales	-2,389	-2,304	-60	-4,753	-51	-2,170	-	42	-6,932
Gross profit	1,114	886	45	2,045	157	869	-	-	3,071
% of net sales	31.8	27.8	42.9	30.1	75.5	28.6			30.7
Operati ng expenses	-862	-374	-115	-1,351	-360	-1,034	-29	-	-2,774
Other income and expens es	2	1	16	19	-3	-14	-4	-	-2
Contrib ution	254	513	-54
% of net sales	7.3	16.1	-51.4
Operating profit				713	-206	-179	-33	-	295
% of net sales				10.5	-99.0	-5.9			2.9

THIRD QUARTER 2010, REPORTED, EUR million
(unaudited)
	Smart Devices 7- 9/2010	Mobile Phones 7- 9/2010	Devices & Services other 7- 9/2010	Devices & Services 7- 9/2010	Location & Commerc e 7- 9/2010	Nokia Siemens Networks 7-9/2010	Corporate Common 7- 9/2010	Elimin ations 7- 9/2010	Nokia Group 7- 9/2010
Net sales	3,612	3,364	197	7,173	203	2,943	-	-49	10,270
Cost of sales	-2,522	-2,506	-68	-5,096	-42	-2,241	1	49	-7,329
Gross profit	1,090	858	129	2,077	161	702	1	-	2,941
% of net sales	30.2	25.5	65.5	29.0	79.3	23.9			28.6
Operatin g expenses	-785	-383	-105	-1,273	-329	-966	-19	-	-2,587
Other income and expenses	5	3	57	65	1	-18	1	-	49
Contrib ution	310	478	81
% of net sales	8.6	14.2	41.1
Operati ng profit				869	-167	-282	-17	-	403
% of net sales				12.1	-82.3	-9.6			3.9

FOURTH QUARTER 2010, REPORTED, EUR million
(unaudited)
	Smart Devices 10- 12/2010	Mobile Phones 10-12/2010	Devices & Services other 10- 12/2010	Devices & Services 10-12/2010	Location & Commerce 10-12/2010	Nokia Siemens Networks 10-12/2010	Corporate Common 10- 12/2010	Elimin ations 10- 12/2010	Nokia Group 10- 12/2010
Net sales	4,396	3,948	155	8,499	265	3,961	-	-74	12,651
Cost of sales	-3,133	-2,823	-76	-6,032	-46	-2,919	-1	74	-8,924
Gross profit	1,263	1,125	79	2,467	219	1,042	-1	-	3,727
% of net sales	28.7	28.5	51.0	29.0	82.6	26.3			29.5
Oper ating expe nses	-899	-410	-125	-1,434	-365	-1,022	-46	-	-2,867
Other income and
expenses	146	1	-98	49	-2	-19	4	-8	24
Contr ibution	510	716	-144
% of net sales	11.6	18.1	-92.9
Oper ating profi t				1,082	-148	1	-43	-8	884
% of net sales				12.7	-55.8	0.0			7.0

FULL YEAR 2010, REPORTED, EUR million
(unaudited)
	Smart Devices 1- 12/2010	Mobile Phones 1- 12/2010	Devices & Services other 1- 12/2010	Devices & Services 1- 12/2010	Location & Commerce 1- 12/2010	Nokia Siemens Networks 1- 12/2010	Corporate Common 1- 12/2010	Eliminatio ns 1-12/2 010	Nokia Group 1- 12/2010
Net sales	14,874	13,696	564	29,134	869	12,661	-	-218	42,446
Cost of sales	-10,287	-9,866	-259	-20,412	-169	-9,266	-	218	-29,629
Gross profit	4,587	3,830	305	8,722	700	3,395	-	-	12,817
% of net sales	30.8	28.0	54.1	29.9	80.6	26.8			30.2

Operating expenses	-3,392	-1,508	-452	-5,352	-1,360	-4,037	-106	-	-10,855
Other income and expenses	181	5	-16	170	-3	-44	-7	-8	108
Contrib ution	1,376	2,327	-163
% of net sales	9.3	17.0	-28.9
Operating profit				3,540	-663	-686	-113	-8	2,070
% of net sales				12.2	-76.3	-5.4			4.9

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FIRST QUARTER 2011, REPORTED, EUR million
(unaudited)
	Smart Devices 1- 3/2011	Mobile Phones 1- 3/2011	Devices & Services other 1- 3/2011	Devices & Services 1-3/2011	Location & Commerce 1-3/2011	Nokia Siemens Networks 1-3/2011	Corporate Common 1- 3/2011	Elim inations 1-3/2011	Nokia Group 1- 3/2011
Net sales	3,528	3,407	152	7,087	232	3,171	-	-91	10,399
Cost of sales	-2,508	-2,456	-84	-5,048	-44	-2,324	-	91	-7,325
Gross profit	1,020	951	68	2,039	188	847	-	-	3,074
% of net sales	28.9	27.9	44.7	28.8	81.0	26.7			29.6
Operating expenses	-834	-387	-104	-1,325	-321	-990	-22	-	-2,658
Other income and expense s	-	-2	17	15	1	1	6	-	23
Contrib ution	186	562	-19
% of net sales	5.3	16.5	-12.5
Operati ng profit				729	-132	-142	-16	-	439
% of net sales				10.3	-56.9	-4.5			4.2

SECOND QUARTER 2011, REPORTED, EUR million
(unaudited)
	Smart Device s 4- 6/2011	Mobile Phones 4-6/2011	Devices & Services other 4- 6/2011	Devices & Services 4- 6/2011	Location & Commerc e 4-6/2011	Nokia Siemens Networks 4-6/2011	Corporat e Common 4-6/2011	Elimin ations 4- 6/2011	Nokia Group 4- 6/2011
Net sales	2,351	2,568	548	5,467	271	3,642	-	-105	9,275
Cost of sales	-1,811	-1,933	-56	-3,800	-50	-2,698	-	105	-6,443
Gross profit	540	635	492	1,667	221	944	-	-	2,832
% of net sales	23.0	24.7	89.8	30.5	81.5	25.9			30.5
Operating expenses	-752	-420	-95	-1,267	-325	-1,056	-51	-	-2,699
Other income and expense s	-4	-1	-611	-616	-	1	-5	-	-620
Contribution	-216	214	-214
% of net sales	-9.2	8.3	-39.1
Operating profit				-216	-104	-111	-56	-	-487
% of net sales				-4.0	-38.4	-3.0			-5.3

THIRD QUARTER 2011, REPORTED, EUR million
(unaudited)
	Smart Device s 7-9/2011	Mobile Phones 7- 9/2011	Devices & Services other 7- 9/2011	Devices & Services 7- 9/2011	Location & Commerc e 7- 9/2011	Nokia Siemens Networks 7-9/2011	Corporate Common 7- 9/2011	Elimin ations 7- 9/2011	Nokia Group 7- 9/2011
Net sales	2,194	2,915	283	5,392	282	3,413	-	-107	8,980
Cost of sales	-1,739	-2,226	-43	-4,008	-52	-2,518	-	107	-6,471
Gross profit	455	689	240	1,384	230	895	-	-	2,509
% of net sales	20.7	23.6	84.8	25.7	81.6	26.2			27.9
Operatin g expense s	-656	-404	-67	-1,127	-314	-1,035	-37		-2,513
Other income and expenses	11	10	-110	-89	-1	26	-3		-67
Contrib ution	-190	295	63
% of net sales	-8.7	10.1	22.3
Operatin g profit				168	-85	-114	-40	-	-71
% of net sales				3.1	-30.1	-3.3			-0.8