D.5. Income from entities consolidated according to the equity method
|
|
2023/24 |
|
2024/25 |
|---|---|---|---|---|
|
|
|
|
|
Income from associates |
|
13.2 |
|
16.0 |
Expenses from associates |
|
–0.4 |
|
–7.6 |
Income from joint ventures |
|
0.3 |
|
0.4 |
Expenses from joint ventures |
|
–0.4 |
|
–2.9 |
|
|
12.7 |
|
5.9 |
|
|
|
|
|
In millions of euros |
||||
Income from associates primarily relates to APK Pensionskasse AG, Kocel Steel Foundry Co., Ltd., METALSERVICE S.P.A. and GEORG FISCHER FITTINGS GmbH (including deconsolidation result). Expenses from associates are attributable to ArcelorMittal Texas HBI Holdings LLC. All current income from entities consolidated according to the equity method reflects the proportionate share of annual profit.
Equity
Assets made available to a corporation by the owners through deposits and/or contributions or from retained profits.