Note 3 Affiliated companies, joint venture and related party transactions

Share of earnings and sales Share of earnings after tax Share of sales
SEK millions 2010 2009 2010 2009
Lulekraft AB -1 5 223 154
Norsk Stål A/S 28 -4 1,027 1,085
Norsk Stål Tynnplater A/S 9 -8 285 246
Oxelösunds Hamn AB 12 11 152 119
Blastech Mobile LLC (joint venture) 9 3 30 19
Total 57 7 1 717 1 623
Share of assets and liabilites Share of assets Share of liabilities
SEK millions 2010 2009 2010 2009
Lulekraft AB 123 78 111 63
Norsk Stål A/S 340 333 129 141
Norsk Stål Tynnplater A/S 119 106 59 63
Oxelösunds Hamn AB 149 128 61 49
Blastech Mobile LLC (joint venture) 31 22 7 3
Total 762 667 367 319
Receivables from affiliated companies and joint venture Group Parent Company
SEK millions 2010 2009 2010 2009
Included in balance sheet items:



Accounts receivable 141 106 - -
Total 141 106 - -
Liabilities to affiliated companies and joint venture Group Parent Company
SEK millions 2010 2009 2010 2009
Included in balance sheet items:



Accounts payable 36 61 - -
Total 36 61 - -





Share of owning and equity share can be found in Note 8.



Related party transactions

The following transactions with affiliated companies and joint venture occurred during the year: SSAB Americas purchased plate shot blasting and painting services from Balstech Moblie for SEK 51 (40) million. Lulekraft purchased gas from SSAB EMEA for SEK 456 (338) million and resold electricity for SEK 277 (176) million. Norsk Stål and Norsk Stål Tynnplater purchased steel from the steel operations for SEK 409 (341) million and sold for SEK 19 (11) million. Oxelösunds Hamn sold port services to SSAB EMEA for SEK 171 (199) million and purchased other services from SSAB Plate for SEK 18 (18) million. The Board Member John Tulloch has a consultancy agreement with one of the US subsidiaries of SSAB from which he received SEK 0.4 (0.5) million in fees. The transactions took place at arm's length prices.

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