Question on equity method and unconsolidated affiliates

[jk3nnedy]

If a public company has a 50% share in a private company accounted for using the equity method and records a income (loss) from unconsolidated affiliates on the income statement, are 50% of the revenues or costs also included in the income statement? Or is just the income from unconsolidated affiliates included in OI?

Furthermore, does the term unconsolidated affiliates by definition, mean the revenues and costs are not included in total revenues and costs?

Thank you...