12 – Minority interests

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Million €

 

2017

2016

Minority interests in profits

 

299

229

Minority interests in losses

 

(25)

(30)

Total

 

274

199

Compared with the same period of 2016, higher minority interests in profits in 2017 arose particularly due to increased TDI and MDI sales prices and margins at Shanghai BASF Polyurethane Company Ltd., Shanghai, China.

For more information on minority interests in consolidated companies, see Note 21