Nokia 2007 Annual Report Download - page 145
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As described in “Management’s Annual Report on Internal Control Over Financial Reporting” appearing
under Item 15(b), management has excluded the nonintegrated activities from the acquisition of
Siemens AG’s carrierrelated operations from its assessment of internal control over financial reporting
as of December 31, 2007 because it was acquired by the Company in a purchase business combination
during 2007. Therefore, we have also excluded these nonintegrated activities of Siemens AG’s carrier
related operations from our audit of internal control over financial reporting. Siemens AG’s carrier
related operations are a component of the Company’s Nokia Siemens Networks reporting segment
whose total assets and total revenues of nonintegrated activities represent 18% and 12%, respec
tively, of the related consolidated financial statement amounts as of and for the year ended
December 31, 2007.
/s/ PricewaterhouseCoopers Oy
PricewaterhouseCoopers Oy
Espoo, Finland
March 19, 2008
F2