| Year ended 2 January 2010 $ million |
Year ended 3 January 2009 $ million |
Year ended 29 December 2007 $ million |
|
|---|---|---|---|
| Carrying amount | |||
| At the beginning of the period | 20.3 | 17.7 | 13.7 |
| Share of (loss)/profit of associates | (0.4) | (2.1) | 0.8 |
| Dividends received from associates | (0.3) | (0.6) | (1.4) |
| 19.6 | 15.0 | 13.1 | |
| Additions | – | 10.4 | 3.8 |
| Disposals | – | (1.9) | – |
| Foreign currency translation | 1.0 | (3.2) | 0.8 |
| At the end of the period | 20.6 | 20.3 | 17.7 |
Details of the Group's principal associates are set out under 'Principal subsidiaries and associates'.
Segment analysis of the Group's investments in associates and of its share of associates' (loss)/profit for the period:
| Investments in associates | Share of (loss)/profit of associates | ||||
|---|---|---|---|---|---|
| As at 2 January 2010 $ million |
As at 3 January 2009 $ million |
Year ended 2 January 2010 $ million |
Year ended 3 January 2009 $ million |
Year ended 29 December 2007 $ million |
|
| By operating segment | |||||
| Industrial & Automotive: | |||||
| – Power Transmission | 14.0 | 13.0 | 0.3 | (2.9) | – |
| – Sensors & Valves | 3.9 | 3.8 | 0.3 | 0.7 | 0.6 |
| – Other Industrial & Automotive | 0.6 | 0.5 | 0.2 | 0.2 | 0.2 |
| 18.5 | 17.3 | 0.8 | (2.0) | 0.8 | |
| Building Products: | |||||
| – Air Distribution | 2.1 | 3.0 | (1.2) | (0.1) | – |
| 20.6 | 20.3 | (0.4) | (2.1) | 0.8 | |
| By location | |||||
| US | 3.3 | 3.4 | |||
| Rest of the world | 17.3 | 16.9 | |||
| 20.6 | 20.3 | ||||
In 2009, the aggregate sales of the Group's associates were $177.5 million (2008: $232.3 million) and their aggregate loss for the period was $2.3 million (2008: loss of $11.5 million).
As at 2 January 2010, the aggregate total assets of the Group's associates was $135.9 million (3 January 2009: $117.0 million) and the aggregate total of their liabilities was $83.8 million (3 January 2009: $51.7 million).
Schrader Duncan Limited, an associate in which the Group owns a 50% interest, is listed on the Mumbai Stock Exchange. As at 2 January 2010, the fair value of the Group's investment based on the quoted market price of the associate's shares was $7.3 million (3 January 2009: $3.1 million).