9 – Income from Companies Accounted for Using the Equity Method
Income from companies accounted for using the equity method (Million €) |
|||
|---|---|---|---|
|
2018 |
2017 |
|
Proportional income after taxes |
|
279 |
328 |
of which Joint ventures |
|
250 |
297 |
Associated companies |
|
29 |
31 |
Other adjustments to income and expenses |
|
(10) |
(5) |
of which Joint ventures |
|
(9) |
(4) |
Associated companies |
|
(1) |
(1) |
Income from companies accounted for using the equity method |
|
269 |
323 |
Income from companies accounted for using the equity method decreased by a total of €54 million in 2018 primarily due to lower earnings at BASF-YPC Company Ltd., Nanjing, China.