10 Associates and joint arrangements
Associates and joint ventures
The following table analyses, in aggregate, the carrying amount and share of profit of associates and joint ventures.
|
|
2022 |
|
2021 |
||||
|---|---|---|---|---|---|---|---|---|
|
|
Associates |
|
Joint ventures |
|
Total |
|
Total |
|
|
|
|
|
|
|
|
|
Balance at 1 January |
|
57 |
|
7 |
|
64 |
|
93 |
|
|
|
|
|
|
|
|
|
- Share of the profit of associates and joint ventures |
|
1 |
|
9 |
|
10 |
|
15 |
- Other comprehensive income |
|
- |
|
- |
|
- |
|
4 |
- Capital payments |
|
4 |
|
- |
|
4 |
|
5 |
- Dividends received |
|
(2) |
|
- |
|
(2) |
|
(10) |
- Acquisitions |
|
- |
|
- |
|
- |
|
- |
- Consolidation changes |
|
- |
|
- |
|
- |
|
(17) |
- Disposals |
|
(7) |
|
(2) |
|
(9) |
|
(34) |
- Fair value adjustments |
|
- |
|
- |
|
- |
|
8 |
- Other |
|
- |
|
(6) |
|
(6) |
|
- |
Balance at 31 December |
|
53 |
|
8 |
|
61 |
|
64 |
Joint operations
The operations Veramaris (2017) and Avansya (2019) are accounted for in accordance with IFRS 11 for joint operations. DSM therefore recognizes their amounts for the assets, liabilities, revenues and expenses in accordance with the contractual entitlement and obligations of DSM.
