29 Share of profit/loss of associates and joint ventures accounted for using the equity method
millions of € |
|
|
|
|---|---|---|---|
|
2021 |
2020 |
2019 |
Share of profit (loss) of joint ventures |
(34) |
(16) |
(7) |
Share of profit (loss) of associates |
(68) |
4 |
93 |
|
(102) |
(12) |
87 |
The share of profit/loss of associates and joint ventures included in the consolidated financial statements using the equity method decreased by EUR 0.1 billion compared with the prior year. The main factor in this was an impairment loss of EUR 58 million recognized in the reporting year on the carrying amount of the stake in Stratospheric Platforms Ltd.
For further information, please refer to Note 10 “Investments accounted for using the equity method.”