Nokia 2004 Annual Report Download - page 3

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TABLE OF CONTENTS
Page
INTRODUCTION AND USE OF CERTAIN TERMS ........................................ 4
FORWARD-LOOKING STATEMENTS ................................................ 5
PART I
ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS ............ 7
ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE ......................... 7
ITEM 3. KEY INFORMATION ............................................... 7
3.A Selected Financial Data ........................................... 7
3.B Capitalization and Indebtedness .................................... 12
3.C Reasons for the Offer and Use of Proceeds ............................ 12
3.D Risk Factors .................................................... 12
ITEM 4. INFORMATION ON THE COMPANY .................................... 23
ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS ................... 46
ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES ..................... 78
6.A Directors and Senior Management .................................. 78
6.B Compensation .................................................. 86
6.C Board Practices ................................................. 90
6.D Employees ..................................................... 94
6.E Share Ownership ................................................ 95
ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS .............. 103
7.A Major Shareholders .............................................. 103
7.B Related Party Transactions ........................................ 103
7.C Interests of Experts and Counsel .................................... 103
ITEM 8. FINANCIAL INFORMATION ......................................... 103
8.A Consolidated Statements and Other Financial Information ............... 103
8.B Significant Changes .............................................. 105
ITEM 9. THE OFFER AND LISTING .......................................... 106
9.A Offer and Listing Details .......................................... 106
9.B Plan of Distribution .............................................. 106
9.C Markets ....................................................... 107
9.D Selling Shareholders ............................................. 107
9.E Dilution ....................................................... 107
9.F Expenses of the Issue ............................................ 107
ITEM 10. ADDITIONAL INFORMATION ........................................ 107
10.A Share Capital ................................................... 107
10.B Memorandum and Articles of Association ............................ 107
10.C Material Contracts ............................................... 109
10.D Exchange Controls ............................................... 109
10.E Taxation ....................................................... 109
10.F Dividends and Paying Agents ...................................... 112
10.G Statement by Experts ............................................ 113
10.H Documents on Display ............................................ 113
10.I Subsidiary Information ........................................... 113
ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK ...... 113
ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES ............. 116
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