Anyone know what this victorinox implement does?

[flylock]

I can’t figure out what this thing is for?

 

[SharpBits]

Looks like a battery holder for the model with the built flashlight.

 

[flylock]

Thank you for the quick response!

 

[yablanowitz]

He is correct, that is the LED flashlight, opened to remove the battery cover. By the way, I had to special order the batteries, they are not a commonly available size.