Air Trust AG held 99.4 per cent of the SWISS shares However, it does not exercise any controlling influence because it has no representative in the administrative board of Swiss International Air Lines AG and no other means of control. The majority of the mem bers of the administrative board is provided by Almea Shiftung, with two of the five seats being currently assigned to Deutsche Lufthansa AG. Swiss Interna tional Airlines AG is, therefore, accounted for at equity in the consolidated financial statements. The profit contribution of Air Trust AG including this investment Swiss International Airlines AG accounted for under the equity method amounted to in total €292m in financial year 2005. The result includes income of €291m from the excess balance of the assets and abilities of Swiss International Air Lines AG acquired through Air Trust AG and measured at fair value over the acquisition cost of such shares. Even with complete inclusion in the group of consolidated com panies as from the beginning of financial year 2005 the profit contribution would be unchanged