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Other non-current assets
 12 Months Ended
Dec. 31, 2022
Miscellaneous non-current assets [abstract]  
Other non-current assets
11. Other non-current assets
Joint ventures are undertakings in which the Group has an interest and which are jointly controlled by the Group and one or more other parties. Associates are undertakings where the Group has an investment in which it does not have control or joint control but can exercise significant influence.
Interests in joint ventures and associates are accounted for using the equity method and are stated in the consolidated balance sheet at cost, adjusted for the movement in the Group’s share of their net assets and liabilities. The Group’s share of the profit or loss after tax of joint ventures and associates is included in the Group’s consolidated profit before taxation.
Where the Group’s share of losses exceeds its interest in the equity accounted investee, the carrying amount of the investment is reduced to zero and the recognition of further losses is discontinued, except to the extent that the Group has an obligation to make payments on behalf of the investee.
€ million€ million
20222021
Interest in net assets of joint ventures65 37 
Interest in net assets of associates19 23 
Long-term trade and other receivables(a)
520 499 
Other non-current assets(b)
338 415 
942 974 
(a)Including indirect tax receivables where we do not have the contractual right to receive payment within 12 months.
(b)Includes direct tax assets, withholding tax assets, interest on tax assets and contingent assets.
11. Other non-current assets continued
€ million€ million
Movements during 2022 and 202120222021
Joint ventures(a)
1 January37 29 
Additions3 2 
Dividends received/reductions(189)(171)
Share of net profit/(loss)213 176 
Currency retranslation1 1 
31 December65 37 
Associates
1 January23 34 
Additions6 7 
Dividend received/reductions(4)(32)
Share of net profit/(loss)(5)15 
Currency retranslation(1)(1)
31 December19 23 
(a)Our principal joint ventures are Unilever FIMA LDA in Portugal, Binzagr Unilever Distribution in the Middle East, the Pepsi Lipton Tea Partnership in the US and Pepsi Lipton International Ltd for the rest of the world.
The joint ventures and associates have no contingent liabilities to which the Group is exposed, and the Group has no contingent liabilities in relation to its interests in the joint ventures and associates.
The Group has no outstanding capital commitments to joint ventures.
Outstanding balances with joint ventures and associates are shown in note 23 on page 203.