28 Share of profit/loss of associates and joint ventures accounted for using the equity method

The share of profit/loss of associates and joint ventures included in the consolidated financial statements using the equity method decreased by EUR 0.6 billion compared with the prior year. This was mainly attributable to the settlement agreement reached to end the Toll Collect arbitration proceedings, which had a negative effect of EUR 0.6 billion. For further information, please refer to the section “Changes in the composition of the Group and other transactions”. By contrast, the profit distribution by Toll Collect GmbH – EUR 0.1 billion of which is attributable to Deutsche Telekom – had a positive effect. The prior-year figure included the reversal of an impairment loss previously recognized on the carrying amount of Ströer SE & Co. KGaA of EUR 50 million.