TEST TEST TEST


 
1Q 2002 RESULTS
PRO FORMA
 (excludes goodwill amortization and non-recurring items)
REPORTED
EUR (million)
1Q/2002
1Q/2001
Change (%)
1Q/2002
1Q/2001
Change (%)
Net sales
7 014
8 007
-12
7 014
8 007
-12
  Nokia Mobile Phones
5 438
5 830
-7
5 438
5 830
-7
  Nokia Networks
1 436
2 022
-29
1 436
2 022
-29
  Nokia Ventures Organization
157
169
-7
157
169
-7
Operating profit
1 286
1 440
-11
1 234
1 369
-10
  Nokia Mobile Phones
1 208
1 207
0
1 185
1 183
0
  Nokia Networks
146
364
-60
122
345
-65
  Nokia Ventures Organization
-30
-102
71
-35
-130
73
  Common Group Expenses
-38
-29
 
-38
-29
 
Operating margin
18.3%
18.0%
 
17.6%
17.1%
 
  Nokia Mobile Phones
22.2%
20.7%
 
21.8%
20.3%
 
  Nokia Networks
10.2%
18.0%
 
8.5%
17.1%
 
  Nokia Ventures Organization
-19.1%
-60.3%
 
-22.3%
-76.9%
 
Profit before tax and minority interests
1 313
1 485
 
1 261
1 414
 
Net profit
915
1 046
 
863
975
 
EPS, EUR
 
 
 
 
 
 
  Basic
0.19
0.22
 
0.18
0.21
 
  Diluted
0.19
0.22
 
0.18
0.20