Notes (IFRS)

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34. Interest in Joint Ventures

The Group’s principal investments in joint ventures and the proportion of ownership are included in Appendix “Information on principal investments”. Joint ventures are consolidated using the proportionate method.

The following amounts represent the Group’s proportional share of the assets, liabilities, income and expenses of the significant joint ventures (MBDA, Atlas and ATR) in aggregate:

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(1)

The percentage of the proportional consolidation of MBDA has changed from 50% to 37.5% as of 1st January 2007.

(in €m)

2007(1)

2006(1)

 

 

 

Non current assets

693

830

Current assets

3,004

3,503

Non current liabilities

466

612

Current liabilities

2,670

3,245

Revenues

1,729

2,006

Profit for the period

121

170


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