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5. Share of profit of entities consolidated according to the equity method

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2013/14

 

2014/15

 

 

 

 

 

Income from associates

 

12.0

 

12.5

Expenses from associates

 

–1.8

 

0.0

Income from joint ventures

 

41.9

 

47.7

Expenses from joint ventures

 

0.0

 

0.0

 

 

52.1

 

60.2

 

 

 

 

 

 

 

 

 

In millions of euros

Income from associates is primarily attributable to Herzog Coilex GmbH, METALSERVICE S.P.A., and GEORG FISCHER FITTINGS GmbH. Income from joint ventures is primarily attributable to voestalpine Tubulars GmbH & Co KG. All income from entities consolidated according to the equity method are the pro rata profits for the period (net including taxes)—see also Chapter B. Summary of accounting policies, section general information.