Notes to Kemira Oyj Financial Statements

EUR

12. INVESTMENTS
2012 Group company shares Investments in associated companies Other shares Total
Book value at beginning of year 1,604,351,760.73 125,819,988.91 135,848,548.91 1,866,020,298.55
Increases 7,847,070.15 0.00 401,356.55 8,248,426.70
Decreases and transfers 0.00 -26,832,000.00 0.00 -26,832,000.00
Impairments -29,649,718.42 0.00 0.00 -29,649,718.42
Net book value at end of year 1,582,549,112.46 98,987,988.91 136,249,905.46 1,817,787,006.83
2011 Group company shares Investments in associated companies Other shares Total
Book value at beginning of year 1,530,957,983.76 137,519,988.91 47,818,079.97 1,716,296,052.64
Increases 80,576,696.61 0.00 102,859,784.15 183,436,480.76
Decreases and transfers -1,165,914.23 -11,700,000.00 -14,829,315.21 -27,695,229.44
Impairments -6,017,005.41 0.00 0.00 -6,017,005.41
Net book value at end of year 1,604,351,760.73 125,819,988.91 135,848,548.91 1,866,020,298.55
Kemira Oyj received a capital return of EUR 26.8 million from the associated company Sachtleben GmbH during 2012.
Associated companies are disclosed in Note 8 in the Notes to Consolidated Financial Statements.