The development in the carrying amount of investments in associated companies is as follows:
| 2010 | 2009 |
Carrying amount 1.1
|
411 |
2,743 |
| Additions |
7 |
38 |
| Disposals |
(2) |
(2,196) |
| Income from associated companies |
36 |
(67) |
| Dividends received |
(13) |
(37) |
| Translation differences |
24 |
(52) |
| Other changes |
2 |
(18) |
Carrying amount 31.12
|
465 |
411 |
Disposals in 2009 include NOK 1,770 million being the effect of establishing Media Norge, whereby Bergens Tidende AS, Stavanger Aftenblad AS and Fædrelandsvennen AS changed from being associated companies to being subsidiaries. Further is included NOK 416 million being the effect of entering into Total Return Swaps related to Aspiro AB and Polaris ASA, whereby these investments changed from being associated companies to being financial assets available for sale, see note 14 Financial Assets.
Income from associated companies and carrying amount of investment in associated companies are as follows:
| Income | Carrying amount |
| Location | Ownership % 31.12.2010 | 2010 | 2009 | 2010 | 2009 |
| Aspiro AB |
Stockholm |
- |
- |
(2) |
- |
- |
| Bergens Tidende AS |
Bergen |
- |
- |
(17) |
- |
- |
| Fædrelandsvennen AS |
Kristiansand |
- |
- |
(4) |
- |
- |
| Metro Nordic Sweden AB |
Stockholm |
35 |
26 |
9 |
344 |
304 |
| Polaris Media ASA |
Trondheim |
- |
- |
(4) |
- |
- |
| Stavanger Aftenblad AS |
Stavanger |
- |
- |
(56) |
- |
- |
| Other |
|
|
10 |
7 |
121 |
107 |
| Total |
|
|
36 |
(67) |
465 |
411 |
The Group’s share of assets, liabilities, operating revenues and net income in associated companies are as follows:
| 2010 | 2009 |
| Assets |
647 |
563 |
| Liabilities |
(182) |
(152) |
| Carrying amount |
465 |
411 |
| Operating revenues |
437 |
1,243 |
| Net income |
36 |
(67) |