Company: NOKBF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001104659-25-101680
Chunk: 14

Company: NOKIA CORP
Filing Date: 2025-10-23
Form: 6-K
Chunk 14
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 comparable operating profit was primarily            
 related to the amortization of acquired intangible assets of EUR 79 million, EUR 70 million          
 of restructuring and associated charges and EUR 58 million related to the impairment and             
 write-off of assets. Profit from continuing operations Reported profit from continuing operations    
 in Q3 2025 was EUR 80 million, compared to a profit of EUR 145 million in Q3 2024. Comparable        
 profit from continuing operations in Q3 2025 was EUR 324 million, compared to EUR 358 million        
 in Q3 2024. The decrease in comparable profit from continuing operations was driven by the           
 decline in comparable operating profit and increase in income tax expense. This was partially        
 offset by the positive impact from financial income and expenses. Apart from the items affecting     
 comparability included in operating profit (and their associated tax effects), the difference        
 between reported and comparable profit from continuing operations in Q3 2025 was mainly due          
 to a negative impact from an increase in the financial liability to acquire non-controlling          
 interest in Nokia Shanghai Bell. In Q3 2024, the difference between reported and comparable          
 profit from continuing operations was mainly due to the fair value reduction of equity investments   
 related to Vodafone Idea. Profit/loss from discontinued operations The accounting for Submarine      
 Networks was moved into discontinued operations in Q2 2024. Reported profit from discontinued        
 operations in Q3 2025 was zero compared to a profit of EUR 31 million in Q3 2024. Earnings           
 per share Reported diluted EPS from continuing operations was EUR 0.01 in Q3 2025, compared          
 to EUR 0.03 in Q3 2024. Comparable diluted EPS from continuing operations was EUR 0.06 in            
 Q3 2025, compared to EUR 0.06 in Q3 2024. Reported diluted EPS from discontinued operations          
 was EUR 0.00 in Q3 2025 compared to EUR 0.01 in Q3 2024. Reported diluted EPS was EUR 0.01           
 in Q3 2025, compared to EUR 0.03 in Q3 2024. Comparable diluted EPS was EUR 0.06 in Q3 2025          
 compared to EUR 0.06 in Q3 2024. Cash performance During Q3 2025, net cash increased by EUR          
 122 million, resulting in an end-of-quarter net cash balance of EUR 3