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2016/17 |
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2017/18 |
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Income from associates |
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13.9 |
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14.3 |
Expenses from associates |
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–0.2 |
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0.0 |
Income from joint ventures |
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0.9 |
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0.9 |
Expenses from joint ventures |
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0.0 |
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0.0 |
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14.6 |
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15.2 |
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In millions of euros |
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Income from associates is primarily attributable to METALSERVICE S.P.A., APK-Pensionskasse AG, and Kocel Steel Foundry Co., Ltd. All income from entities consolidated according to the equity method in the business year 2017/18 are the pro-rated profits for the period.