24 Share of profit/loss of associates and joint ventures accounted for using the equity method

millions of €
  2017 2016 2015
Share of profit (loss) of joint ventures 12 (5) (1)
Share of profit (loss) of associates 64 (48) 25
  76 (53) 24

The share of profit/loss of associates and joint ventures included in the consolidated financial statements using the equity method increased by EUR 0.1 billion compared with the prior year. The main factor in this was the full reversal in the reporting year of an impairment of EUR 50 million recognized in 2016 on the carrying amount of Ströer SE & Co. KGaA.