Providing the right links (TT Apr03 p35-37)

Nokia Treasury’s goal has always been to add value to Nokia’s core businesses by actively providing financial and risk management services and advice. This applies in our core activities of funding, risk management, and cash management. In cash management, this has a strong process orientation, and we try to eliminate or simplify cash management processes for our operating companies so that they are freed to focus on the core business. The evolution of cash management at Nokia illustrates how this works.