29 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 increased by EUR 0.6 billion compared with the prior year. This was mainly attributable to the settlement agreement reached in 2018 to end the Toll Collect arbitration proceedings, which reduced earnings by EUR 0.6 billion in 2018. By contrast, the profit distribution of Toll Collect GmbH – EUR 0.1 billion of which is attributable to Deutsche Telekom – had a positive effect.

For further information, please refer to Note 10 “Investments accounted for using the equity method.”