Nokia 2007 Annual Report Download - page 122

December 31, 2007, Capital World Investors, a division of Capital Research and Management Company,
beneficially owned 216 299 150 Nokia shares and FMR LLC beneficially owned 230 590 019 Nokia
shares, which at that time corresponded to approximately 5.5% and 5.9% of the share capital of
Nokia, respectively.
As far as we know, Nokia is not directly or indirectly owned or controlled by any other corporation or
any government, and there are no arrangements that may result in a change of control of Nokia.
7.B Related Party Transactions
There have been no material transactions during the last three fiscal years to which any director,
executive officer or 5% shareholder, or any relative or spouse of any of them, was a party. There is no
significant outstanding indebtedness owed to Nokia by any director, executive officer or 5%
shareholder.
There are no material transactions with enterprises controlling, controlled by or under common
control with Nokia or associates of Nokia.
See Note 33 to our consolidated financial statements included in Item 18 of this annual report.
7.C Interests of Experts and Counsel
Not applicable.
ITEM 8. FINANCIAL INFORMATION
8.A Consolidated Statements and Other Financial Information
8.A.1 See Item 18 for our consolidated financial statements.
8.A.2 See Item 18 for our consolidated financial statements, which cover the last three financial
years.
8.A.3 See page F1 for the audit report of our accountants, entitled “Report of Independent Registered
Public Accounting Firm.”
8.A.4 Not applicable.
8.A.5 Not applicable.
8.A.6 See Note 2 to our audited consolidated financial statements included in Item 18 of this annual
report for the amount of our export sales.
8.A.7 Litigation
Product related litigation
Nokia and several other mobile device manufacturers, distributors and network operators were named
as defendants in a series of class action suits filed in various US jurisdictions. The actions were
brought on behalf of a purported class of persons in the United States as a whole consisting of all
individuals that purchased mobile phones without a headset. In general, the complaints allege that
handheld cellular telephone use causes and creates a risk of cell level injury and claim the defendants
should have included a headset with every handheld mobile telephone as a means of reducing any
potential health risk associated with the telephone’s use. All but two of the cases have been
withdrawn or dismissed. The remaining cases are or will be subject to a Motion to Dismiss.
We have also been named as a defendant along with other mobile device manufacturers and network
operators in five lawsuits by individual plaintiffs who allege that the radio emissions from mobile
phones caused or contributed to each plaintiff’s brain tumor. Each of the cases was dismissed on the
basis of Federal Preemption. The plaintiffs appealed the dismissals and the appeal is currently
pending.
We believe that the allegations described above are without merit, and intend to defend these
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