renault's income statement - partial consolidation?

2008 H1 income statement 2003 2004 (1) 2005 2006 2007 S1 2007 S1 2008 Revenues 37,525 40,292 41,338 39,969 40,682 20,562 20,942 Operating margin 1,402 2,115 1,323 1,063 1,354 722 865 Operating income 1,234 1,872 1,514 877 1,238 689 845 Financial expense -71 -331 -327 61 76 -112 315 Share in net income of Nissan Motor 1,705 1,689 2,275 1,888 1,288 615 509 Share in net income of other associates 155 234 322 389 387 222 220 Pre-tax income 3,023 3,464 3,784 3,215 2,989 1414 1775 Current and deffered tax -510 -561 -331 -255 -255 -97 -308 Net income 2,513 2,903 3,453 2,960 2,734 1317 1581 Net income - Minority interests’ share 33 67 86 74 65 36 30 Net income - Renault share 2,480 2,836 3,367 2,886 2,669 1281 1551 Earnings per share in EUR 9.32 11.16 13.19 11.23 10.32 4.96 6.05 Renault owns 44% of Nissan currently and Nissan owns 15% of Renault. It seems like this is partial consolidation but what I don’t understand is with partial consolidation, more items should be affected by Renault’s share in Nissan. This is not consistent with Equity method as the statement included Nissan’s net income. Thoughts?