TeliaSonera
TeliaSonera Annual Report 2008 - Financial Statements

Note 35 (Consolidated)
Specification of Shareholdings and Participations

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Associated companies and joint ventures

Company,
Corp. Reg. No., registered office
Participation (%) Number of shares Equity participation in consolidated accounts Carrying value in each parent company
2008 2007 2008 2007
SEK in millions
Parent company holdings





Swedish companies





Overseas Telecom AB, 556528-9138, Stockholm 65 1,180,575 325 321 198 198
Lokomo Systems AB, 556580-3326, Stockholm 44 734,241 1 1 0 0
Telefos AB, 556523-6865, Stockholm 26 2,560,439 1 0 0 0
SNPAC Swedish Number Portability Administrative Centre AB,
556595-2925, Stockholm
20 400 4 4 1 1
Other operating, dormant and divested companies

0 0 0 0
Companies outside Sweden





OAO Telecominvest, St. Petersburg 26 4,262,165 3,423 2,446 700 700
Other operating, dormant and divested companies

0 59 0 75
Total parent company



899 974
Subsidiaries' holdings





Swedish companies





Svenska UMTS-nät AB, 556606-7996, Stockholm (joint venture) 50 501,000 84 204 500 500
SmartTrust AB, 556179-5161, Stockholm 30 70,991,460 22 0 18 0
Other operating, dormant and divested companies

0 0 0 0
Companies outside Sweden





AS Sertifitseerimiskeskus, 10747013, Tallinn 50 16 6 7 6 18
SIA Lattelecom, 00030527, Riga 49 71,581,000 964 876 1,650 1,428
Kiinteistö Oy Pietarsaaren Isokatu 8, 0181832-2, Pietarsaari 48 12,851 3 0 7 8
Turkcell Holding A.S., 430991-378573, Istanbul 47 214,871,670 7,084 6,974 2,136 1,850
Turkcell Iletisim Hizmetleri A.S., 304844-252426, Istanbul 13 292,485,209 14,101 12,720 1,371 1,188
OAO MegaFon, 7812014560, Moscow 36 2,207,234 13,492 9,432 470 422
AUCS Communications Services v.o.f., 34097149, Hoofddorp 33 21 12 0 0
Johtotieto Oy, 0875145-8, Helsinki 33 170 3 1 0 0
Operators Clearing House A/S, 18936909, Copenhagen 33 1,333 7 7 5 5
Voicecom OÜ, 10348566, Tallinn 26 1 1 1 1
SCF Huolto Oy, 1892276-7, Loimaa 20 20 1 0 0 0
Other operating, dormant and divested companies

0 0 0 0
Total

39,543 33,065

The share of voting power in Overseas Telecom AB is 42 percent. OAO Telecominvest owns an additional 31 percent of the shares in OAO MegaFon. Turkcell Holding A.S. owns 51 percent of the shares in Turkcell Iletisim Hizmetleri A.S.

The parent company's holdings of Other operating, dormant and divested companies for the comparative year (Group carrying value SEK 59 million, parent company carrying value SEK 75 million) relate to ComHouse AS, which became a subsidiary in 2008.

Other equity holdings

Company,
Corp. Reg. No., registered office
Participation (%) Number of shares Carrying/fair value in consolidated accounts Carrying value in each parent company
2008 2007 2008 2007
SEK in millions
Parent company holdings





Swedish companies





Slottsbacken Fund Two KB, 969660-9875, Stockholm 18 7 6 7 6
Lindholmen Science Park AB, 556568-6366, Gothenburg 10 90 2 0 2 0
Ullna Golf AB, 556042-8095, Österåker 1 3,500 1 1 1 1
Other operating, dormant and divested companies

0 1 0 1
Companies outside Sweden





Digital Telecommunications Phils., Inc., 000-449-918-000, Quezon City 9 600,000,000 96 173 96 173
Birdstep Technology ASA, 977037093, Oslo 2 1,722,594 3 22 3 22
Vision Extension L.P., LP180, Saint Helier, Jersey 2 1 1 1 1
Other operating, dormant and divested companies

0 0 0 0
Total parent company



110 204
Subsidiaries' holdings





Swedish companies





Other operating, dormant and divested companies
0 0 0 0 0
Companies outside Sweden





Telecom Development Company Afghanistan B.V., 34183985, Amsterdam 12 1,225 225 187 225 187
Magma Venture Capital I Annex Fund, L.P., Cayman Islands 7 1 1
Magma Venture Capital I, L.P., Cayman Islands 7 24 19 24 19
Oy Merinova Ab, 0778620-2, Vaasa 6 800 0 1 0 1
Vierumäki Golf Village Oy, 1927979-3, Helsinki 5 0 15 10 15 10
Diamondhead Ventures, L.P., 3145188, Menlo Park, CA 4 6 5 6 5
Santapark Oy, 1095079-8, Rovaniemi 3 10,000 2 2 2 2
Helsinki Halli Oy, 1016235-3, Helsinki 1 42 5 4 5 4
Intellect Capital Ventures, L.L.C., 3173982, Los Angeles, CA 0 33 13 33 13
Digital Media & Communications II L.P., 3037042, Boston, MA 0 7 6 7 6
Asunto Oy Helsingin Oskar, 0881553-8, Helsinki 0 280 0 1 0 1
Kiinteistö Oy Turun Monitoimihalli, 0816425-3, Turku 0 1 1 1 1 1
Holdings in other real estate and housing companies, Finland 28 23 28 23
Holdings in other local phone companies, etc., Finland 5 7 5 7
Other operating, dormant and divested companies

0 12 0 12
Total

462 495

The parent company's and subsidiaries' holdings of Other operating, dormant and divested companies for the comparative year (Group carrying value SEK 13 million, carrying value in the respective parent company SEK 13 million) relate to OMX AB and iVision AS, which were divested in 2008.