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## INVESTMENTS IN PROPORTIONATELY CONSOLIDATED ENTITIES 

The amounts shown in the table represent the Group’s share of the assets and liabili- ties, revenue and profit of proportionately consolidated entities as shown in the over- view of Group companies. These amounts are recognised in the statement of financial position, including goodwill, and in the income statement. 

The change in key figures is attributable to South Asian Breweries Group, which was previously recognised as a proportionately consolidated entity, being recognised as a subsidiary from November. Accordingly, the 2013 figures only include 10 months’ activity for South Asian Breweries Group proportionately consolidated in the income statement and cash flows, while propor- tionately consolidated figures for South Asian Breweries Group are not included in the statement of financial position as at 31 December 2013. 

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## 5.6 ACCOUNTING POLICIES 

Entities which by agreement are managed jointly with one or more other parties (joint ventures) are consolidated proportionately, and the individual ac- counting entries are recognised in proportion to the ownership interest. 

For acquisitions of new joint ventures and additional shareholdings in existing joint ventures the acquisi- tion method is used, cf. section 5.1. For acquisitions 

of additional shareholdings in existing joint ventures the acquisition method is applied only to the ad- ditional share of assets, liabilities and contingent liabilities acquired. 

The acquisition date is the date when the Carlsberg Group effectively obtains control of the acquired joint venture or the additional shareholding in the joint venture. 

