Note 11 Participations in associated companies and joint ventures

Note 11 Participations in associated companies and joint ventures

Participations in associated companies

At the end of the fiscal year, Post Danmark A/S owned an equity interest in associated company e-Boks A/S valued at SEK 65m (79). e-Boks A/S is headquartered in Ballerup, Danmark and is 50%-owned by Post Danmark A/S.

During the fall Strålfors Svenska AB acquired direct mail agency Friends & Tactics, a Stockholm-based agency specialized in direct and relationship marketing. Strålfors Svenska AB owns 30% of the company and reported sales were SEK 0.4m at year-end.

Participations in joint ventures

Strålfors Svenska AB owns 50% of the company Tand 2:103 Fastighets AB in Östersund, Sweden. The company’s book value at year-end was SEK 0.4m (0.4).