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Segment information (Tables)
12 Months Ended
Dec. 31, 2018
Segment information  
Schedule of segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nokia's

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ultra

 

 

 

IP Networks

 

Networks

 

 

 

Group

 

 

 

 

 

 

 

 

 

 

Broadband

 

Global

 

and

 

business

 

Nokia

 

Common

 

 

 

Segment

 

Unallocated

 

 

EURm

  

Networks(1)

  

Services

  

Applications(2)

  

Total

  

Technologies

  

and Other

  

Eliminations

  

total

  

items(3)

  

Total

Continuing operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales to external customers

 

8 691

 

5 710

 

5 719

 

20 120

 

1 486

 

974

 

 –

 

22 580

 

(17)

 

22 563

Net sales to other segments

 

 1

 

 –

 

 –

 

 1

 

15

 

47

 

(63)

 

 –

 

 –

 

 –

Depreciation and amortization

 

(236)

 

(66)

 

(147)

 

(449)

 

(21)

 

(45)

 

 –

 

(515)

 

(940)

 

(1 455)

Operating profit/(loss)

 

510

 

242

 

447

 

1 199

 

1 203

 

(222)

 

 –

 

2 180

 

(2 239)

 

(59)

Share of results of associated companies and joint ventures

 

12

 

 –

 

 –

 

12

 

 –

 

 –

 

 –

 

12

 

 –

 

12

2017

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Net sales to external customers

 

8 970

 

5 810

 

5 743

 

20 523

 

1 639

 

1 060

 

 –

 

23 222

 

(75)

 

23 147

Net sales to other segments

 

 –

 

 –

 

 –

 

 –

 

15

 

54

 

(69)

 

 –

 

 –

 

 –

Depreciation and amortization

 

(258)

 

(80)

 

(160)

 

(498)

 

(12)

 

(48)

 

 –

 

(558)

 

(1 033)

 

(1 591)

Operating profit/(loss)

 

781

 

411

 

519

 

1 711

 

1 124

 

(248)

 

 –

 

2 587

 

(2 571)

 

16

Share of results of associated companies and joint ventures

 

21

 

 –

 

 –

 

21

 

(10)

 

 –

 

 –

 

11

 

 –

 

11

2016

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Net sales to external customers

 

9 757

 

6 036

 

6 036

 

21 829

 

1 038

 

1 105

 

 –

 

23 972

 

(331)

 

23 641

Net sales to other segments

 

 1

 

 –

 

 –

 

 1

 

15

 

37

 

(53)

 

 –

 

 –

 

 –

Depreciation and amortization

 

(270)

 

(70)

 

(160)

 

(500)

 

(9)

 

(43)

 

 –

 

(552)

 

(1 042)

 

(1 594)

Operating profit/(loss)

 

922

 

406

 

615

 

1 943

 

579

 

(350)

 

 –

 

2 172

 

(3 272)

 

(1 100)

Share of results of associated companies and joint ventures

 

18

 

 –

 

 –

 

18

 

 –

 

 –

 

 –

 

18

 

 –

 

18

(1)

Includes Mobile Networks net sales of EUR 6 712 million (EUR 6 895 million in 2017 and EUR 7 357 million in 2016) and Fixed Networks net sales of EUR 1 980 million (EUR 2 075 million in 2017 and EUR 2 401 million in 2016).

(2)

Includes IP Routing net sales of EUR 2 545 million (EUR 2 694 million in 2017 and EUR 2 941 million in 2016), Optical Networks net sales of EUR 1 606 million (EUR 1 499 million in 2017 and EUR 1 564 million in 2016) and Nokia Software net sales of EUR 1 568 million (EUR 1 550 million in 2017 and EUR 1 531 million in 2016).

(3)

Excludes costs related to the acquisition of Alcatel Lucent and related integration, goodwill impairment charges, intangible asset amortization and other purchase price fair value adjustments, restructuring and associated charges and certain other items.

Reconciliation of total segment operating profit to total operating profit/(loss)

 

 

 

 

 

 

 

EURm

    

2018

    

2017

    

2016

Total segment operating profit

 

2 180

 

2 587

 

2 172

Amortization and depreciation of acquired intangible assets and property, plant and equipment

 

(940)

 

(1 033)

 

(1 026)

Product portfolio strategy costs

 

(583)

 

(536)

 

(348)

Restructuring and associated charges

 

(321)

 

(579)

 

(774)

Transaction and related costs, including integration costs relating to the acquisition of Alcatel Lucent

 

(220)

 

(206)

 

(295)

Fair value changes of legacy IPR fund

 

(57)

 

 –

 

 –

Impairment of assets

 

(48)

 

(173)

 

 –

Divestment of businesses

 

(39)

 

 –

 

 –

Release of acquisition-related fair value adjustments to deferred revenue and inventory

 

(16)

 

(55)

 

(840)

Other

 

(15)

 

11

 

11

Total operating (loss)/profit

 

(59)

 

16

 

(1 100)

 

Schedule of geographic location information

Information by geographies

Net sales to external customers by region(1)

 

 

 

 

 

 

 

EURm

    

2018

    

2017

    

2016

Asia-Pacific

 

4 081

 

4 228

 

4 223

Europe

 

6 489

 

6 833

 

6 410

Greater China

 

2 165

 

2 516

 

2 654

Latin America

 

1 380

 

1 279

 

1 458

Middle East & Africa

 

1 874

 

1 907

 

1 872

North America

 

6 574

 

6 384

 

7 024

Total

 

22 563

 

23 147

 

23 641

(1)   Net sales to external customers by region are based on the location of customer.

 

Net sales to external customers and non-current assets by country

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales(1)

 

Non-current assets(2)

EURm

    

2018

    

2017

    

2016

    

2018

    

2017

Finland(3)

 

1 556

 

1 698

 

1 138

 

1 462

 

1 437

United States

 

6 204

 

5 991

 

6 639

 

5 818

 

6 132

China

 

1 754

 

2 082

 

2 248

 

350

 

377

India

 

1 629

 

1 455

 

1 288

 

122

 

125

France

 

1 179

 

1 295

 

1 055

 

1 938

 

1 949

Other

 

10 241

 

10 626

 

11 273

 

905

 

1 052

Total

 

22 563

 

23 147

 

23 641

 

10 595

 

11 072

(1)   Net sales to external customers by country are based on the location of customer.

(2)   Consists of goodwill and other intangible assets and property, plant and equipment.

(3)   All Nokia Technologies IPR and licensing net sales are allocated to Finland.