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The following summaries present the key items from the balance sheets and income statements of companies accounted for using the equity method Glossary:
|
Investments accounted for using the equity method |
Dec 31, 2008 |
Dec 31, 2007 | |
|
€ million |
Total |
Of which: joint ventures |
Total |
|
Equity |
|
|
|
|
Assets |
19,637 |
2,954 |
16,287 |
|
Liabilities |
11,613 |
1,610 |
10,718 |
|
|
8,024 |
1,344 |
5,569 |
|
Adjustment to RWE interest and equity method |
-4,756 |
-672 |
-3,148 |
|
|
3,268 |
672 |
2,421 |
|
|
|
|
|
|
Income from investments accounted for using the equity method |
2008 |
2007 | |
|
€ million |
Total |
Of which: joint ventures |
Total |
|
Revenue |
14,525 |
115 |
13,042 |
|
Income |
1,665 |
-104 |
980 |
|
Adjustment to RWE interest and equity method |
-1,293 |
52 |
-533 |
|
|
372 |
-52 |
447 |
As of December 31, 2008 the fair value of investments accounted for using the equity method for which quoted market prices exist amounted to €2 million (previous year: €3 million).
€2,802 million of the assets and €1,019 million of the liabilities of joint ventures were non-current.
