EL DORSINO È DA DEFINIRE - FIAT SpA

Assets leased
Net of Disposals Net of
depreciation and other depreciation
(in millions of euros) 12/31/1999 Additions Depreciation changes 6/30/2000
Assets leased 4,142 782 (733) 181 4,372
Assets leased consist of vehicles leased by the Automotive Sectors.
Assets leased do not include vehicles on operating leases, which are included under Property, plant and equipment.
4 Inventories
(in millions of euros) At 6/30/2000 At 12/31/1999
Total Inventories 14,662 12,204
Inventories are shown net of allowances and include contract work in progress, before deducting customer advances of 4,774
million euros at June 30, 2000 (4,217 million euros at December 31, 1999). Inventories, net of such advances, are 9,888 million
euros (7,987 million euros at December 31, 1999). The increase in net inventories is due mainly to changes in the scope of
consolidation.
5 Receivables
At 6/30/2000 At 12/31/1999
(in millions of euros) Trade Other Total Trade Other Total
Total Receivables 7,460 5,201 12,661 6,665 3,980 10,645
Receivables, which have been broken down into Trade receivables and Other receivables, are net of the respective allowances
for doubtful accounts. Other receivables include amounts due from the Tax Authorities, deferred tax assets, security deposits
and miscellaneous receivables.
Receivables due beyond five years totaled 54 million euros at June 30, 2000 (94 million euros at December 31, 1999).
6 Financial assets not held as fixed assets
(in millions of euros) At 6/30/2000 At 12/31/1999
Investments 1,589 687
Other securities 5,022 4,144
Treasury stock 30 –
Financial receivables 19,017 14,854
Total Financial assets not held as fixed assets 25,658 19,685
Investments include short-term investments in equity securities made primarily by the insurance companies to fund the insurance
policy liabilities and accruals.
Other securities include securities held by the insurance companies totaling 4,369 million euros (3,394 million euros at December
31, 1999) primarily to fund the insurance policy liabilities and accruals.
Consolidated Financial Statements and Notes at June 30, 2000
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