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12 Portion of profits (losses) pertaining to associated companies

  2010 2009Changes
Portions of profits7,7444,4123,332
Portions of losses-1,876-491 -1,385

The "portions of profits (losses) pertaining to associated companies” include the effects generated from measurement using the equity method. The increase compared to 2009 is mainly ascribable to the results of the associated companies Set Spa and Aimag Spa.   As regards the item "Losses", it is noted that the Oikothen Scarl equity investment was written down due to the extraordinary losses recorded by the company.

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