F5. Shares and participations

Shares and participations

SEKm

2016

2015

2014

Value, January 1

45

53

52

Investments during the year

1

Divestments

–1

–7

Other reclassifications

1

Impairment

Translation differences

1

–1

BS Value, December 31

46

45

53

Shares and participations pertain to holdings in other companies that are not classified as subsidiaries, joint arrangements or associates. Since these holdings are of an operating nature, the holdings are not classified as available-for-sale financial assets. Carrying amounts concur with fair value.