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7 Share of profits and losses of
equity-accounted investments

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€ million

 

2011

 

2010

Share of profits of equity-accounted investments

 

2,578

 

1,945

of which from: joint ventures

 

(2,564)

 

(1,843)

of which from: associates

 

(14)

 

(102)

Share of losses of equity-accounted investments

 

404

 

2

of which from: joint ventures

 

(5)

 

of which from: associates

 

(399)

 

(2)

 

 

2,174

 

1,944

The share of profits and losses of equity-accounted investments in the fiscal year includes the amounts from the adjustment of the equity interest in Suzuki Motor Corporation until September 13, 2011 and the adjustment of the equity interest in MAN SE until November 8, 2011. Following the discontinuation of equity accounting for these companies, an expense of €263 million was recognized for Suzuki and an expense of €292 million for MAN.

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