|
|
2022/23 |
|
2023/24 |
|---|---|---|---|---|
|
|
|
|
|
Income from associates |
|
26.7 |
|
13.2 |
Expenses from associates |
|
–34.7 |
|
–0.4 |
Income from joint ventures |
|
0.1 |
|
0.3 |
Expenses from joint ventures |
|
0.0 |
|
–0.4 |
|
|
–7.9 |
|
12.7 |
|
|
|
|
|
In millions of euros |
||||
Income from associates is primarily attributable to APK Pensionskasse AG, Kocel Steel Foundry Co., Ltd., ArcelorMittal Texas HBI Holdings LLC, and Scholz Austria GmbH. In the previous business year expenses from associates include EUR 31.6 million in impairment losses for ArcelorMittal Texas HBI Holdings LLC. For further information, please see chapter F. Investments in associates and joint ventures. All current 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.
