Write-down of Historical Investment
After receiving financial advice, Ayima’s board has today taken the decision to write-down the value of an historical investment. In 2015, Ayima invested in the development of Tootsa MacGinty Limited, an ecommerce start-up, and has contributed marketing and administrative support each year since. However, recent trading and a general downturn in the retail sector has indicated that the business is no longer a viable investment. The balance-sheet value of the investment before the write-down was SEK 5,930,801. Ayima’s board has decided that the value of the investment and loan account