2.7 SHARE OF PROFITS OF COMPANIES ACCOUNTED FOR USING THE EQUITY METHOD

The share of the net profit of companies accounted for using the equity method in 2017 amounted to EUR 251 million (2016: EUR 82 million). The detail of the most significant companies is as follows:

In 2017 HAH’s results include most notably non-recurring impacts totalling EUR 48 million, due to the effect of fair value adjustments, relating mainly to the measurement of index-linked derivatives (EUR 33 million). The difference compared to 2016 is because HAH’s loss for 2016 included non-recurring losses of EUR -105 million relating to derivatives and taxes.

Note 3.5 provides greater detail on the results of these companies.