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E3 Associated companies | 12 Months Ended
--- | ---
Dec. 31, 2021
Investments accounted for using equity method [abstract] |
E3 Associated companies |
|  | Associated companies
Equity in associated companies |  |  |  |  |  |  |  |
|  | 2021 |  |  | 2020 |
Opening balance |  |  | 1,274 |  |  |  | 1,565 |
Investments |  |  | — |  |  |  | 167 |
Share in earnings |  |  | (260) |  |  |  | (298) |
Distribution of capital stock |  |  | — |  |  |  | (3) |
Taxes |  |  | (11) |  |  |  | (33) |
Dividends |  |  | (90) |  |  |  | (43) |
Translation differences |  |  | 28 |  |  |  | (81) |
Closing balance |  |  | 941 |  |  |  | 1,274 |
The Company owns 49% of MediaKind, located in US, with an investment of SEK 0.8 (0.8) billion. The Company’s share in earnings of MediaKind was SEK -0.4 (-0.4) billion and the remaining investment is SEK 0.0 (0.4) billion. The Company has provided a loan to MediaKind of SEK 0.5 (0.5) billion. The Company owns 49.07% of the shares in Ericsson Nikola Tesla d.d., located in Croatia. See also note H4 “Related party transactions.”

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