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17. Joint ventures

The Group's share of the summarised financial information of joint venture entities that is proportionately consolidated in the Group financial statements is as follows:

US$ million 2008 2007
Total non-current assets 1,771 3,148
Total current assets 415 999
Total current liabilities (389) (358)
Total non-current liabilities (509) (2,862)
Group's share of joint venture entities' net assets 1,288 927
Revenue 1,414 1,631
Operating costs (779) (601)
Net finance costs 12 7
Income tax expense (115) (189)
Total continuing operations 532 848
Revenue 113
Operating costs (96)
Net finance costs (4)
Income tax expense (4)
Total discontinued operations 9
Group's share of joint venture entities' profit for the financial year 532 857

The Group's share of joint venture entities' contingent liabilities incurred jointly with other venturers is $22 million (2007: $19 million) and its share of capital commitments is $414 million (2007: $457 million).

The Group also holds investments in a number of proportionately consolidated jointly controlled operations. The Group's share of joint venture operations' net assets is $981 million (2007: $480 million). The Group's share of joint venture operations' profit for the financial year is $554 million (2007: $100 million). The Group's share of joint venture operations' contingent liabilities incurred jointly with other venturers is $98 million (2007: $113 million) and its share of capital commitments is $83 million (2007: nil).

Details of principal joint ventures are set out in note 40.

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