Interest in a joint venture
An interest in a joint venture with outsiders or other non-consol-
idated parties should be included in the consolidation, usually by
using the proportionate consolidation method or, alternatively,
the equity accounting method (German Accounting Standard 9).
The proportionate consolidation method means that all assets
and liabilities, income, and expenses are included in the group
accounts pro-rata to the interest in the joint venture, so that no
minority interest arises.
EU Forecast
euf:ba18f:113/nws-01