ANNUAL REPORT 2013

FINANCIALS

12. Investments


2013















Holdings Receivables




in from Other
EUR

subsidiaries subsidiaries shares Total
Historical cost, Jan 1 880,487,444.36 2,174,300.00 7,037,636.37 889,699,380.73
Additions 69,463,700.00 6,497,046.32 107,156.25 76,067,902.57
Decreases -122,641,347.00 -4,971,346.32 -375,977.29 -127,988,670.61
Historical cost, Dec 31 827,309,797.36 3,700,000.00 6,768,815.33 837,778,612.69







Write-downs, Jan 1

-711,322.80 -711,322.80
Write-downs, Dec 31

-711,322.80 -711,322.80







Net book value, Dec 31, 2013 827,309,797.36 3,700,000.00 6,057,492.53 837,067,289.89







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
Reversal of impairment loss

369,150,000.00

369,150,000.00
Decreases and increases

-28,837.80 -28,837.80
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







Shares in subsidiaries


Number

% of % of

of

share voting Book

shares Domicile
capital power value
Avlis AB* 25,641,347 Stockholm SE 59.7 59.7 577,441,141.73
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 49,085,185.82
Fiskars Americas Holding Oy Ab 1000 Raasepori FI 100.0 100.0 110,071,862.76
Fiskars Europe Holding Oy Ab 1000 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, 2013




827,309,797.36







* Holds 13.0% (13.0) of Wärtsilä shares. The market value of Wärtsilä shares as at December 31, 2013 amounted to EUR 917.2 million (839.0).



Other shares







Book






value
Other shares owned by the parent company 6,057,492.53
Total, Dec 31, 2013 6,057,492.53