Notes to the consolidated financial statements (continued) 178 Vodafone Group Plc Annual Report 2024 2020 12. Investments in associates and joint arrangements (continued) The reconciliation of summarised financial information presented to the carrying amount of our interest in joint ventures is set out below. Oak Holdings 1 GmbH VodafoneZiggo Group Holding B.V. 2024 2023 2024 2023 2022 €m €m €m €m €m Equity shareholders’ funds 12,630 13,450 1,033 1,586 Interest in joint ventures 1 7,620 8,634 516 793 Carrying value 7,620 8,634 516 793 (Loss)/profit for the financial year (145) – (354) 273 (37) Share of (loss)/profit 1 (85) – (177) 137 (19) Vodafone Idea Limited TPG Telecom Limited 2024 2023 2022 2024 2023 2022 €m €m €m €m €m €m Equity shareholders’ (deficit)/funds (12,562) (10,760) 2,606 3,019 Interest in joint ventures 1 (4,057) (3,475) (53) 56 Impairment (246) (242) – – Goodwill – – 51 52 Investment proportion not recognised 4,303 3,717 – – Carrying value – – (2) 108 (Loss)/profit for the financial year (1,600) (3,188) (3,057) (134) 260 20 Share of (loss)/profit 1 (517) (1,030) (1,357) (74) 48 (5) Share of loss not recognised 517 1,030 1,357 – – – Share of (loss)/profit 1 – – – (74) 48 (5) INWIT S.p.A. 2024 2023 2022 €m €m €m Equity shareholders’ funds – – Interest in joint ventures – – Carrying value – – Profit for the financial year – 190 82 Share of profit – 63 27 Share of profit not recognised as held for sale – (33) – Share of profit – 30 27 Note: 1 The Group’s effective ownership percentages of Oak Holdings 1 GmbH, VodafoneZiggo Group Holding B.V., Vodafone Idea Limited and TPG Telecom Limited are 60.3%, 50.0%, 31.4% and 25.1%, respectively, rounded to the nearest tenth of one percent. 178 Vodafone Group Plc Annual Report 2024 Strategic report Governance Financials Other information
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