7 Share of profits and losses of equity-accounted investments


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€ million

 

2009

 

2008

Share of profits of equity-accounted investments

 

850

 

914

of which from: joint ventures

 

(849)

 

(532)

of which from: associates

 

(1)

 

(382)

Share of losses of equity-accounted investments

 

149

 

4

of which from: joint ventures

 

(41)

 

(4)

of which from: associates

 

(108)

 

 

 

701

 

910

The share of profits and losses of equity-accounted investments in fiscal year 2009 includes the amounts from the adjustment of the newly acquired interest in Porsche Zwischenholding GmbH. The precise allocation of the purchase price to Porsche Zwischenholding’s assets and liabilities is currently only preliminary due to the size of the company. The share of profits and losses of equity-accounted investments in the previous year includes the amounts for the Scania shares accounted for using the equity method for the period until the investment was consolidated.

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