NOTE 15
| € million | 2010 | 2009 |
| Carrying amount at 1 Jan. | 33.0 | 31.2 |
| Share of profit for the period | -0.3 | 0.2 |
| Additions | 34.1 | 1.7 |
| Restatement of gain on disposal | -13.3 | |
| Disposals | 0.0 | -0.1 |
| Carrying amount at 31 Dec. | 53.5 | 33.0 |
Kesko Corporation has made an about €33 million equity investment in Kruunuvuoren Satama Oy. The ownership interest and voting rights of the Kesko Group in Kruunuvuoren Satama Oy is 49%. The company has been included in the Kesko Group’s financial reporting as an associate from 1 July 2010. The Kesko Group sold real estate properties to Kruunuvuoren Satama Oy. The carrying amount of Kruunuvuoren Satama Oy is less the Kesko Group’s gain on disposal in proportion to the ownership interest.
Shares in associates are not quoted.
Disclosures on the Group’s associates and the Group’s ownership interest in their aggregated assets, liabilities, net sales and profits/losses are as follows: |
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| € million | Assets | Liabilities | Net sales | Profit/loss | Ownership interest, % |
| 2010 | |||||
| Kruunuvuoren Satama Oy | 265.6 | 199.1 | 5.9 | -8.6 | 49.0 |
| Valluga-sijoitus Oy, Helsinki | 34.6 | 0.0 | 0.0 | 1.1 | 39.0 |
| Vähittäiskaupan Takaus Oy, Helsinki | 58.8 | 0.3 | 1.2 | 2.7 | 34.4 |
| Vähittäiskaupan Tilipalvelu VTP Oy, Helsinki | 6.1 | 2.5 | 10.9 | 2.3 | 30.0 |
| Others | 5.3 | 3.7 | 2.0 | 0.0 | |
| Total | 370.5 | 205.6 | 20.0 | -2.4 | |
| 2009 | |||||
| Valluga-sijoitus Oy, Helsinki | 33.5 | 0.0 | 0.0 | 1.3 | 39.0 |
| Vähittäiskaupan Takaus Oy, Helsinki | 56.0 | 0.2 | 1.2 | 3.2 | 34.4 |
| Vähittäiskaupan Tilipalvelu VTP Oy, Helsinki | 3.8 | 2.2 | 10.9 | 0.7 | 30.0 |
| Others | 5.3 | 3.7 | 1.9 | 0.0 | |
| Total | 98.5 | 6.1 | 14.0 | 5.1 | |