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15. Financial assets available for sale
         
Financial assets available for sale include listed and unlisted shares. Listed shares are measured at fair value. For unlisted shares the fair value cannot be measured reliably, in which case the investment is carried at cost.
         
MEUR     2010 2009
Book value at January 1     151 106
Acquired shares     5 2
Fair value adjustments     40 46
Changes in exchange rates     1 1
Decrease of shares     -179 -3
Book value at December 31     18 151
         
         
  2010 2009
MEUR Acquisition cost Market value Acquisition cost Market value
Listed shares (level 1)        
Sampo plc     4 32
Assa Abloy AB     18 98
Lyxor ETF MSCI Emerging Markets 2 2    
Listed shares 2 2 22 130
         
Unlisted shares (level 3)        
Other shares 16 16 21 21
Unlisted shares 16 16 21 21
         
Total shares 18 18 43 151
         
         
In 2010 EUR 149 million gain was recognised in the consolidated statement of income, of which EUR 32 million is related to the sale of Sampo plc shares and EUR 117 million to the sale of Assa Abloy AB shares. In 2009 EUR 2 million loss was recognised in the operating result in the consolidated statement of income.