5. Income from entities consolidated according to the equity method

       

       

      2019/20

       

      2020/21

       

       

       

       

       

      Income from associates

       

      10.2

       

      13.6

      Expenses from associates

       

      –0.1

       

      –0.2

      Income from joint ventures

       

      0.8

       

      0.3

      Expenses from joint ventures

       

      0.0

       

      –0.1

       

       

      10.9

       

      13.6

       

       

       

       

       

      In millions of euros

      Income from associates is primarily attributable to METALSERVICE S.P.A., APK-Pensionskasse Aktien­gesellschaft, Industrie-Logistik-Linz GmbH, Scholz Austria GmbH, and Kocel Steel Foundry Co., Ltd. All income from entities consolidated according to the equity method concerns the prorated annual profit.

      Equity
      Assets made available to a corporation by the owners through deposits and/or contributions or from retained profits.