Note 12 Long-term financial assets

             
Shares in subsidiaries, held by
parent company (SEK million)		 Co. Reg.no. Registered office Number of shares Share capital (%) Voting rights (%) Book value 31 Dec
MTG Publishing AB 556457-2229 Stockholm 1,000 100 100 3,302
MTG Radio AB 556365-3335 Stockholm 1,000 100 100 65
MTG Internet Retailing AB 556035-6940 Stockholm 10,000 100 100 84
MTG Modern Studios Holding AB 556264-3261 Stockholm 2,000 100 100 117
MTG Holding AB 556057-9558 Stockholm 5,000 100 100 102
MTG AS Norge   Norway 82,300 100 100 33
Danmarks TV A/S   Denmark 500 100 100 1
Total           3,703
 
Shares in subsidiaries
(Within the group)		 Co. Reg.no. Registered office     Share capital (%) Voting rights (%)
MTG Publishing AB 556457-2229 Stockholm     100 100
MTG Services AB 556022-0831 Stockholm     100 100
MTG Financing Partners HB 969725-9514 Stockholm     100 100
MTG Broadcasting SA   Luxembourg     100 100
MTG Broadcasting Holding AB 556580-7806 Stockholm     100 100
MTG Broadcasting AB 556353-2687 Stockholm     100 100
ViaSat Pay Channels AB 556098-4709 Stockholm     100 100
Viasat AS Estonia   Estonia     100 100
Eesti Vaba Television EVTV   Estonia     100 100
Televisionsaktiebolaget TV8 556507-2401 Stockholm     100 100
UAB TV3 Lithuania   Lithuania     100 100
Vakaru Lietuvos   Lithuania     100 100
TV3 Estonia AS   Estonia     100 100
TV3 Latvia SIA   Latvia     100 100
Viasat Hungária Rt   Hungary     95 95
MTG Russia AB 556650-6472 Stockholm     98 98
Felista ZAO   Russia     100 100
Viasat Holding LLC   Russia     100 100
Viasat Global LLC   Russia     100 100
Viasat Entertainment LLC   Russia     100 100
Prva d.o.o.   Slovenia     100 100
Viasat Broadcasting G Ltd   Ghana     85 85
Nova Televizia First Private Channel EAD   Bulgaria     100 100
Nova Televizia Plus EOOD   Bulgaria     100 100
Agency Eva OOD   Bulgaria     80 80
Viasat Ukraine LLC   Ukraine     100 100
             
Shares in subsidiaries
(Within the group)		 Co. Reg.no. Registered office     Share capital (%) Voting rights (%)
Viasat AB 556304-7041 Stockholm     100 100
Viasat Satellite Service AB 556278-7910 Stockholm     100 100
MTG Broadcast Centre Stockholm AB 556493-2340 Stockholm     100 100
TV1000 AB 556133-5521 Stockholm     100 100
TV1000 Norge AS   Norway     100 100
OY Viasat Finland Ab   Finland     100 100
Viastrong Holding AB 556733-1086 Stockholm     50 50
Solutions LLC   Ukraine     50 50
Vision TV LLC   Ukraine     50 50
FTV Prima Holding A.S.   Czech Republic     50 50
FTV Prima, spol s.r.o.   Czech Republic     50 50
TV Produkce, a.s.   Czech Republic     50 50
TV Prima Support spol s.r.o.   Czech Republic     50 50
Ceska Vyrobni s.r.o.   Czech Republic     50 50
Regio Media spol s.r.o.   Czech Republic     50 50
TV Vridlo s.r.o.   Czech Republic     50 50
TV Morava, s.r.o.   Czech Republic     26 26
TV Lyra, s.r.o.   Czech Republic     30 30
Regionalni televise DAKR, s.r.o.   Czech Republic     26 26
ZAK TV s.r.o.   Czech Republic     26 26
Genus TV s.r.o.   Czech Republic     50 50
Balkan Media Group Ltd   Bulgaria     50 50
Diema Vision EAD   Bulgaria     50 50
TV ERA DOO   Macedonia     50 50
MTG Modern Group Espana SL   Spain     100 100
In TV Espana SL   Spain     100 100
Interactive Partner SL   Spain     100 100
Interactive Media Solutions SL   Spain     100 100
Interactive New Media SL   Spain     100 100
Viasat Broadcasting UK Ltd   United Kingdom     100 100
3+ Television Ltd   United Kingdom     100 100
TV3 Broadcasting Group Ltd   United Kingdom     100 100
TV3 AB 556153-9726 Stockholm     100 100
TV3 A/S Danmark   Denmark     100 100
TV3 AS Norge   Norway     100 100
Viasat World Ltd   United Kingdom     100 100
MTG TV Online Ltd   United Kingdom     100 100
             
MTG Radio AB 556365-3335 Stockholm     100 100
KiloHertz AB 556444-7158 Stockholm     100 100
Star FM SIA   Latvia     100 100
Mediainvest Holding AS   Estonia     100 100
UAB TV3 Radio Lithuania   Lithuania     100 100
MTG Radio Sales AB 556490-7979 Stockholm     100 100
MTG Frekvens AB 556514-3103 Stockholm     100 100
             
MTG Internet Retailing AB 556035-6940 Stockholm     100 100
CDON AB 556406-1702 Stockholm     100 100
CDON.com GmbH   Germany     100 100
NLY Scandinavia AB 556653-8822 Stockholm     90 90
Helsingin Dataclub OY   Stockholm     100 100
CDON Alandia AB   Finland     100 100
Shares in subsidiaries
(Within the group)		 Co. Reg.no. Registered office     Share capital (%) Voting rights (%)
Linus & Lotta Postorder AB 556078-3135 Stockholm     90 90
Linus & Lotta AS   Norway     90 90
Gymgrossisten Nordic AB 556690-6987 Stockholm     100 100
Gymgrossisten Sverige AB 556564-4258 Stockholm     100 100
             
MTG Modern Studios Holding AB 556264-3261 Stockholm     100 100
MTG Film AB 556103-7283 Stockholm     100 100
MTG Modern Studios Production AB 556419-9544 Stockholm     100 100
Redaktörerna i Stockholm AB 556472-8425 Stockholm     100 100
Strix Television AB 556345-5624 Stockholm     100 100
Strix Televisjon AS   Norway     100 100
That's Strix Entertainment AS   Norway     50 50
Strix Television bv   The Netherlands     100 100
Strix Television s.r.o.   Czech Republic     100 100
MTG Online AB 556461-1662 Stockholm     100 100
Playahead AB 556557-8951 Stockholm     90 90
MTG TV Online AB 556513-5547 Stockholm     100 100
MTG Publiken AB 556533-8372 Stockholm     100 100
Engine Holding AS   Norway     100 100
Engine AB 556572-8408 Stockholm     100 100
             
MTG Holding AB 556057-9558 Stockholm     100 100
Bäckegruve AB 556170-7752 Stockholm     100 100
MTG Accounting AB 556298-5597 Stockholm     100 100
Senaste Nytt på Nätet SNN AB 556448-0076 Stockholm     100 100
MTG Media AB 556170-2217 Stockholm     100 100
MTG Facility Management AB 556711-0290 Stockholm     100 100
Modern Betting Ltd   Malta     90 90
Nordic Betting Ltd   Malta     90 90
Bet24 Ltd   United Kingdom     90 90
Nordic Casino Ltd   Malta     90 90
MTG A/S Danmark   Denmark     100 100
Strix Television A/S Danmark   Denmark     100 100
ViaSat A/S Danmark   Denmark     100 100
Viasat Sport A/S   Denmark     100 100
TV1000 Danmark A/S   Denmark     100 100
TV2 Sport A/S   Denmark     50 50
             
MTG AS Norge   Norway     100 100
Viasat AS Norge   Norway     100 100
Metro Norge AS   Norway     100 100
SportN AS   Norway     100 100
TV4 AS Norge   Norway     100 100
Zoomobile AS   Norway     100 100
P4 Radio Hele Norge ASA   Norway     100 100
Finland Radio Investment AS   Norway     100 100
             
             
There is a third party agreement linked to the holding in MTG Russia AB, with a put and call option relating to the remaining minority holding.

 

Shares in associated companies,
Within the group (SEK million)		 Co. Reg.no. Registered office Number of shares Share capital (%) Voting rights (%) Book value 31 Dec 2008 Book value 31 Dec 2007 Market value 31 Dec 2008
Forum och Marknad 107,7 i Nyköping HB 969651-4125 Nyköping - 33 33 0 0  
Lugna Favoriter 104,7 i Stockholm HB 969651-2970 Stockholm - 33 33 0 0  
GH GigaHertz HB 969616-7551 Göteborg - 33 33 2 2  
Göteborg Air 105,9 HB 969661-0600 Göteborg - 33 33 0 0  
Jönköpings Reklamradio 106,0 HB 969651-3739 Jönköping - 33 33 0 0  
Mediamätning i Skandinavien MMS AB 556353-3032 Stockholm 1,225 25 25 5 7  
Power i Stockholm HB 969651-2236 Stockholm - 33 33 0 0  
Radio 2000 107,6 Helsingborg HB 969651-5015 Helsingborg - 33 33 0 0  
Radio Air 104,5 i Hällby och Eskilstuna HB 969651-1980 Eskilstuna - 33 33 0 0  
Radio National i Luleå AB 556475-0411 Stockholm 490 49 49 1 1  
Radio National i Skellefteå AB 556475-0346 Stockholm 490 49 49 0 0  
Radio Storpannan 104,8 i Göteborg HB 969651-2228 Göteborg - 33 33 0 0  
Reklammedia 104,4 i Kil och Karlstad HB 969651-4109 Karlstad - 33 33 0 0  
Reklammedia 107,3 i Kristianstad HB 969651-3697 Kristianstad - 33 33 0 0  
Rix i Borås AB 556034-4391 Borås 490 49 49 7 7  
Rix i Skandinavien AB 556475-3670 Stockholm 500 50 50 0 0  
Svensk Programagentur AB 556453-6281 Göteborg 4,270 50 50 7 5  
Radiobranschen RAB AB 556623-1345 Stockholm 400 40 40 0 0  
Trestad Air 105,0 HB 969651-2715 Vänersborg - 33 33 0 0  
Växjö Reklamradio 104,3 HB 969651-1972 Växjö - 33 33 0 0  
Z-Radio 101,9 HB 969651-2269 Stockholm - 33 33 0 0  
Östersund Air 104,0 HB 969651-2681 Östersund - 33 33 0 0  
Radio Nova   Finland - 22 22 6 13  
Kimtevill HB 969680-2272 Stockholm - 33 33 0 0  
Altlorenscheuerhof S.A.   Luxembourg 625 33 33 11 11  
CTC Media Inc.   USA 60,008,800 39 39 1,886 1,796 2,233
            1,924 1,841  
                 
Shares and participations in other
companies, within the group (SEK million)		 Co. Reg.no. Registered office Number of shares Share capital (%) Voting rights (%) Book value 31 Dec 2008 Book value 31 Dec 2007 Market value 31 Dec 2008
Metro International S.A.   Luxembourg 7,260,584 1.38 1.34 5 35 5
Other           0 0 0
Total           5 36 5
                 
Shares and participations in other
companies, held by parent company (SEK million)		 Co. Reg.no. Registered office Number of shares Share capital (%) Voting rights (%) Book value 31 Dec 2008 Book value 31 Dec 2007 Market value 31 Dec 2008
Metro International S.A.   Luxembourg 7,260,584 1.38 1.34 5 35 5
Other           0 0 0
Total           5 36 5
                 
The shares in Metro International S.A. are classified as shares available for sale, and are thereby valued at fair value. The difference between the historical book value and the fair value is from 2008 recognised in the income statement, and in 2007 directly in equity.
Shares and participation in Group companies, Parent company (SEK million)             2008 2007
Accumulated acquisition values                
Opening balance 1 January             400 400
Sales of subsidiaries (internal)             - 0
Acquisition of subsidiary             0 0
Shareholders' contribution             3,302 -
Closing balance 31 December             3,703 400
                 
The shareholder contribution in 2008 was made to MTG Publishing AB. The sale of MTG Broadcasting S.A. in 2007 was a part of an internal restructure.
Shares and participation in other companies, Parent company and Group (SEK million)             2008 2007
Accumulated acquisition values                
Opening balance 1 January             66 66
Total acquisition values             66 66
                 
Accumulated fair value revaluations                
Opening balance 1 January             -30 -
Revaluation shares available-for-sale during the year             -30 -30
Closing balance 31 December             5 36

Modern Times Group MTG AB Box 2094 SE-103 13 Stockholm Sweden Visiting: Skeppsbron 18 Tel: +46 8 562 000 50

Learn more about