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Annual Report

7 Share of profits and losses of
equity-accounted investments

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€ million

 

2010

 

2009

Share of profits of equity-accounted investments

 

1,945

 

850

of which from: joint ventures

 

(1,843)

 

(849)

of which from: associates

 

(102)

 

(1)

Share of losses of equity-accounted investments

 

2

 

149

of which from: joint ventures

 

 

(41)

of which from: associates

 

(2)

 

(108)

 

 

1,944

 

701

The share of profits and losses of equity-accounted investments in fiscal year 2010 includes the amounts from the adjustment of the newly acquired interest in Suzuki Motor Corporation. The precise allocation of the purchase price to Suzuki’s assets and liabilities is only preliminary so far.

The share of profits and losses of equity-accounted investments in the previous year includes the amounts for Porsche Zwischenholding GmbH accounted for using the equity method from the acquisition date of the shares. The precise allocation of the purchase price to Porsche Zwischenholding GmbH’s assets and liabilities was completed in fiscal year 2010. No significant adjustment to the preliminary figures allocated in the previous year was required.

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