ANNUAL REPORT 2012

Financials

12. Investments


2012



Holdings Receivables




in from Other
EUR subsidiaries subsidiaries shares Total
Historical cost, Jan 1 961,555,728.04 5,167,236.66 6,830,262.76 973,553,227.46
Additions

259,738.47 259,738.47
Decreases -81,068,283.68 -2,992,936.66 -52,364.86 -84,113,585.20
Historical cost, Dec 31 880,487,444.36 2,174,300.00 7,037,636.37 889,699,380.73







Write-downs, Jan 1 -369,150,000.00
-682,485.00 -369,832,485.00
Decreases and increases 369,150,000.00
-28,837.80 369,121,162.20
Write-downs, Dec 31 0.00
-711,322.80 -711,322.80







Net book value, Dec 31, 2012 880,487,444.36 2,174,300.00 6,326,313.57 888,988,057.93







2011



Holdings Receivables




in from Other
EUR subsidiaries subsidiaries shares Total
Historical cost, Jan 1 983,276,888.44 75,366,426.48 6,904,626.86 1,065,547,941.78
Additions 128,778,839.60
179,000.00 128,957,839.60
Decreases -150,500,000.00 -70,199,189.82 -253,364.10 -220,952,553.92
Historical cost, Dec 31 961,555,728.04 5,167,236.66 6,830,262.76 973,553,227.46







Write-downs, Jan 1 -405,456,029.00
-682,485.00 -406,138,514.00
Decreases and increases 36,306,029.00

36,306,029.00
Write-downs, Dec 31 -369,150,000.00
-682,485.00 -369,832,485.00







Net book value, Dec 31, 2011 592,405,728.04 5,167,236.66 6,147,777.76 603,720,742.46







Shares in subsidiaries


Number

% of % of

of

share voting Book

shares Domicile
capital power value
Avlis AB* 25,641,347 Stockholm SE 100.0 100.0 533,118,788.70
Ferraria Oy Ab 750,000 Raasepori FI 100.0 100.0 17,659,665.00
Fiskamin AB 1,000,000 Sollentuna SE 100.0 100.0 49,085,185.85
Fiskars Americas Holding Oy Ab 1,000 Raasepori FI 100.0 100.0 207,571,862.76
Fiskars Europe Holding Oy Ab 1,000 Raasepori FI 100.0 100.0 71,340,500.00
Fiskars Services Oy Ab 250 Helsinki FI 100.0 100.0 2,500.00
Fiskars (Thailand) Co., Ltd. 100 Bangkok TH 1.0 1.0 2,409.12
Inha Works Ltd. 10,000 Ähtäri FI 100.0 100.0 1,199,446.33
Kiinteistö Oy Danskog gård 4,000 Raasepori FI 100.0 100.0 504,563.78
Ab Åbo Båtvarf - Turun Veneveistämö Oy 150 Turku FI 100.0 100.0 2,522.82
Total, Dec 31, 2012




880,487,444.36







* Holds 13% (15.1) of Wärtsilä shares. The market value of Wärtsilä shares as at December 31, 2012 amounted to EUR 839.0 million (663.9).



Other shares







Book






value
Other shares owned by the parent company 6,326,313.57
Total Dec 31, 2012 6,326,313.57