55 Annex
As required by Consob Resolution No. 11971 <strong>of</strong> May 14, 1999 as amended (Articles 81 and 126 <strong>of</strong> <strong>the</strong> Regulations), a complete list <strong>of</strong> <strong>the</strong> companies and significant equity <strong>in</strong>vestments <strong>of</strong> <strong>the</strong> Group is provided below. The companies on this list have been classified accord<strong>in</strong>g to percentage <strong>of</strong> ownership, method <strong>of</strong> consolidation and type <strong>of</strong> bus<strong>in</strong>ess. The <strong>in</strong>formation provided for each company <strong>in</strong>cludes: name, registered <strong>of</strong>fice, country and capital stock 56 Annex Fiat Group Companies at June 30, <strong>2003</strong> Fiat Group Companies at June 30, <strong>2003</strong> % <strong>of</strong> Group % <strong>of</strong> consoli- Interest % <strong>in</strong>terest vot<strong>in</strong>g Name Registered <strong>of</strong>fice Country Capital stock Currency dation held by held rights Controll<strong>in</strong>g company ❚ Parent company Fiat S.p.A. Tur<strong>in</strong> Italy 3,082,128,000 EUR – – – – Subsidiaries consolidated on a l<strong>in</strong>e-by-l<strong>in</strong>e basis stated <strong>in</strong> <strong>the</strong> orig<strong>in</strong>al currency. The percentage <strong>of</strong> Group consolidation and <strong>the</strong> percentage held by Fiat S.p.A. or its subsidiaries are also shown. A separate column shows <strong>the</strong> percentage held <strong>of</strong> <strong>the</strong> vot<strong>in</strong>g rights at <strong>the</strong> ord<strong>in</strong>ary stockholders’ meet<strong>in</strong>g, when this figure differs from <strong>the</strong> percentage <strong>in</strong>terest held <strong>in</strong> <strong>the</strong> company. ❚ Automobiles Fiat Auto Hold<strong>in</strong>gs B.V. Amstelveen Ne<strong>the</strong>rlands 1,000,000 EUR 90.00 Fiat Partecipazioni S.p.A. 90.000 Banco Fidis de Investimento SA São Paulo Brazil 116,235,465 BRL 89.97 Fiat Auto S.p.A. 94.968 Fiat Automoveis S.A. - FIASA 5.000 B.D.C. S.A. Brussels Belgium 1,289,294 EUR 90.00 Fiat Auto (Belgio) S.A. 100.000 FAL Fleet Services S.A.S. Trappes France 3,000,000 EUR 90.00 Fidis Rent<strong>in</strong>g Italia S.p.A. 100.000 FC France S.A. Trappes France 11,360,000 EUR 90.00 Fiat France Participations F<strong>in</strong>ancieres S.A. 100.000 Fiat Auto Argent<strong>in</strong>a S.A. Buenos Aires Argent<strong>in</strong>a 463,938,188 ARS 90.00 Fiat Auto S.p.A. 63.336 Fiat Automoveis S.A. - FIASA 36.664 Fiat Auto (Belgio) S.A. Brussels Belgium 7,585,220 EUR 90.00 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 99.990 Fiat Auto (Suisse) S.A. 0.010 Fiat Auto Contracts Ltd Slough Berkshire United K<strong>in</strong>gdom 13,500,000 GBP 90.00 Fidis Rent<strong>in</strong>g Italia S.p.A. 100.000 Fiat Auto Dealer F<strong>in</strong>anc<strong>in</strong>g SA Brussels Belgium 62,000 EUR 89.86 Fiat Auto (Belgio) S.A. 99.839 Fiat Auto Espana S.A. Alcalá De Henares Spa<strong>in</strong> 57,696,960 EUR 90.00 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 99.998 Fiat Auto (Suisse) S.A. 0.002 Fiat Auto F<strong>in</strong>ancial Services Limited Slough Berkshire United K<strong>in</strong>gdom 2,250,000 GBP 90.00 Fiat Auto (U.K.) Ltd 100.000 Fiat Auto F<strong>in</strong>ancial Services (Wholesale) Ltd. Slough Berkshire United K<strong>in</strong>gdom 1 GBP 90.00 Fiat Auto (U.K.) Ltd 100.000 Fiat Auto (France) S.A. Trappes France 271,050,000 EUR 90.00 Fiat Auto Hold<strong>in</strong>gs B.V. 66.408 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 33.591 Fiat Auto Hellas S.A. Argyroupoli Greece 23,533,500 EUR 90.00 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 100.000 Fiat Auto (Ireland) Ltd. Dubl<strong>in</strong> Ireland 5,078,952 EUR 90.00 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 100.000 Fiat Auto Japan K.K. M<strong>in</strong>atu-Ku. Tokyo Japan 420,000,000 JPY 90.00 Fiat Auto S.p.A. 100.000 Fiat Auto Kreditbank GmbH Vienna Austria 5,000,000 EUR 90.00 Fiat Auto S.p.A. 50.000 Fidis S.p.A. 50.000 Fiat Auto Lease N.V. Utrecht Ne<strong>the</strong>rlands 454,000 EUR 90.00 Fidis Rent<strong>in</strong>g Italia S.p.A. 100.000 Fiat Auto Maroc S.A. Casablanca Morocco 314,000,000 MAD 89.96 Fiat Auto S.p.A. 99.950 Fiat Auto Nederland B.V. Zuidoost Ne<strong>the</strong>rlands 5,672,253 EUR 90.00 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 100.000 Fiat Auto Poland S.A. Bielsko-Biala Poland 660,334,600 PLN 77.98 Fiat Auto S.p.A. 86.644 Fiat Auto Portuguesa S.A. L<strong>in</strong>da-a-Velha Portugal 8,000,000 EUR 90.00 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 100.000 Fiat Auto South Africa (Proprietary) Ltd Sandton South Africa 440 ZAR 90.00 Fiat Auto S.p.A. 100.000 Fiat Auto S.p.A. Tur<strong>in</strong> Italy 2,500,000,000 EUR 90.00 Fiat Auto Hold<strong>in</strong>gs B.V. 100.000 Fiat Auto (Suisse) S.A. Geneva Switzerland 21,400,000 CHF 90.00 Fiat Auto S.p.A. 100.000 Fiat Auto Trad<strong>in</strong>g S.A. Betim Brazil 641,286 BRL 90.00 Fiat Automoveis S.A. - FIASA 100.000 Fiat Auto (U.K.) Ltd Slough Berkshire United K<strong>in</strong>gdom 44,600,000 GBP 90.00 Fiat F<strong>in</strong>ance Ne<strong>the</strong>rlands B.V. 100.000 Fiat Auto Var S.r.l. a S.U. Tur<strong>in</strong> Italy 10,200,000 EUR 90.00 Fiat Auto S.p.A. 100.000
- Page 1 and 2:
Report of the Board of Directors on
- Page 3 and 4:
2 Financial Highlights of the Fiat
- Page 5 and 6: KEY DEVELOPMENTS Despite the weakne
- Page 7 and 8: INTRODUCTION In order to facilitate
- Page 9 and 10: posted in the first half of 2002, m
- Page 11 and 12: EBIT (Earnings Before Interest and
- Page 13 and 14: Reserves At June 30, 2003, the rese
- Page 15 and 16: statement of operations is illustra
- Page 17 and 18: Toro Assicurazioni (35 million euro
- Page 19 and 20: In July 2003, Fiat S.p.A. and Avio
- Page 21 and 22: leading operator of call centers. T
- Page 23 and 24: During the first half of 2003, the
- Page 25 and 26: The key development in the first ha
- Page 27 and 28: The general economic slowdown conti
- Page 29 and 30: The difficulties encountered in the
- Page 31 and 32: Based on preliminary estimates, sal
- Page 34 and 35: Fiat Group — Consolidated Financi
- Page 36 and 37: (in millions of euros) 35 Fiat Grou
- Page 38 and 39: ACCOUNTING PRINCIPLES AND METHODS T
- Page 40 and 41: December 31, 2002), Naveco Ltd. 113
- Page 42 and 43: Other securities at June 30, 2003 i
- Page 44 and 45: euros, change in the scope of conso
- Page 46 and 47: The decrease of 13,592 million euro
- Page 48 and 49: Other financial income (in millions
- Page 50: 18 Income taxes for the period Inco
- Page 53 and 54: (in millions of euros) 52 Fiat S.p.
- Page 58 and 59: Subsidiaries consolidated on a line
- Page 60 and 61: Subsidiaries consolidated on a line
- Page 62 and 63: Subsidiaries consolidated on a line
- Page 64 and 65: Subsidiaries consolidated on a line
- Page 66 and 67: Subsidiaries consolidated on a line
- Page 68 and 69: Subsidiaries consolidated on a line
- Page 70 and 71: Subsidiaries consolidated on a line
- Page 72 and 73: Subsidiaries consolidated on a line
- Page 74 and 75: Subsidiaries valued by the equity m
- Page 76 and 77: Subsidiaries valued at cost ❚ Aut
- Page 78 and 79: Subsidiaries valued at cost (contin
- Page 80 and 81: Subsidiaries valued at cost (contin
- Page 82 and 83: Associated companies valued by the
- Page 84 and 85: Associated companies valued at cost
- Page 86 and 87: Other companies valued at cost ❚
- Page 88 and 89: Significant investments sold effect
- Page 90: Report of the Board of Directors on
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