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Note 3 Acquired and divested operations

In April 2008 the redemption of the outstanding minority shares (3.19%) in Vattenfall's German subsidiary Vattenfall Europe AG was completed, and the company was delisted from the German stock exchanges.

During October and November 2008 Vattenfall acquired several British wind power companies: AMEC Wind Energy Ltd, (100% and later renamed to Vattenfall Wind Power Ltd) one of the UK's foremost developers of commercial wind farms, with current projects corresponding to 500-750MW, Eclipse Energy UK Plc (96%) which is working with six wind power projects in the UK with a combined capacity of more than 200 MW and Thanet Offshore Wind Ltd, (100%) which with 300 MW under construction is the UK's largest wind power project.

Valuations of assets and liabilities acquired are preliminary pending a final review of each acquisition, respectively. In addition, there are some minor acquisitions and divestments.

Fair value recognised in consolidation
  Wind power companies Other companies Total
Intangible assets: non-current 2,068 - 2,068
Property, plant and equipment 1,072 33 1, 105
Trade receivables and other receivables 114 16 130
Cash and cash equivalents 49 109 158
Minority interests -2 - -2
Interest-bearing liabilities -107 - -107
Deferred tax liabilities -213 -27 -240
Trade payables and other liabilities -878 -21 -899
Identifiable assets and liabilities, net 2,103 110 2,213
       
Goodwill arising on acquisitions     700
Total purchase consideration for wind power and other companies     2,913
       
Redemption of minority interests in Germany     4,056
Total acquisitions of Group companies (Note 42)     6,969

In November 2008 Vattenfall also acquired 18.7% of the Polish energy company ENEA S.A. for SEK 4,602 million, recognised as Other shares and participations.

The company has 2.3 million customers and accounts for approximately 8% of Poland's energy generation.