| Amounts in NOK million | 2011 | 2010 |
|---|---|---|
| Interest costs | (416) | (428) |
| Change in fair value interest element | (27) | (65) |
| Write-down share investments, see Note 5 | (5,726) | (2,582) |
| Losses and write-downs subsidiaries1 | (376) | (69) |
| Loss on sale of shares in Elkem | (556) | - |
| Others | (79) | (85) |
| Total other finance costs | (7,180) | (3,229) |
1 Primarily the write-down of Bakers (2010: Write-down of Orkla Foods Romania and the sale of Orkla Finans).
In 2011, Orkla ASA sold all its shares in Elkem AS to the Chinese company Bluestar. In addition to the consideration for the shares, Orkla also received a capital reduction equivalent to NOK 4.8 billion from Elkem.