9 – Income from Companies Accounted for Using the Equity Method

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Income from companies accounted for using the equity method (Million €)

 

2018

2017

Proportional income after taxes

 

279

328

of which Joint ventures

 

250

297

Associated companies

 

29

31

Other adjustments to income and expenses

 

(10)

(5)

of which Joint ventures

 

(9)

(4)

Associated companies

 

(1)

(1)

Income from companies accounted for using the equity method

 

269

323

Income from companies accounted for using the equity method decreased by a total of €54 million in 2018 primarily due to lower earnings at BASF-YPC Company Ltd., Nanjing, China.