2006 Annual Report - Fiat SpA
2006 Annual Report - Fiat SpA
2006 Annual Report - Fiat SpA
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Income Statement<br />
pursuant to Consob Resolution No. 15519 of July 27, <strong>2006</strong><br />
of which<br />
Related parties of which<br />
(in thousands of euros) Note <strong>2006</strong> (Note 30) 2005 Related parties<br />
Dividends and other income from investments (1) 362,419 7,714<br />
(Impairment losses) reversal of impairment losses of investments (2) 2,099,350 (430,789)<br />
Gains (losses) on the disposal of investments (3) 425 (1,300)<br />
Other operating income (4) 79,238 33,200 72,854 24,256<br />
Personnel costs (5) (57,900) (60,027)<br />
Other operating costs (6) (141,006) (51,901) (121,360) (54,477)<br />
Income (expenses) from significant non-recurring transactions (7) – 1,133,110<br />
Financial income (expenses) (8) (24,847) (17,765) (61,685) 106,259<br />
Financial income from significant non-recurring transactions (9) – 857,636<br />
Result before taxes 2,317,679 1,396,153<br />
Income taxes (10) (25,696) 278,828<br />
Result from continuing operations 2,343,375 1,117,325<br />
Result from discontinued operations – –<br />
Net result 2,343,375 1,117,325<br />
242 <strong>Fiat</strong> S.p.A. Financial Statements at December 31, <strong>2006</strong><br />
Balance Sheet<br />
pursuant to Consob Resolution No. 15519 of July 27, <strong>2006</strong><br />
of which<br />
At December 31, Related parties At December 31, of which<br />
(in thousands of euros) Note <strong>2006</strong> (Note 30) 2005 Related parties<br />
ASSETS<br />
Non-current assets<br />
Intangible assets (11) 772 676<br />
Property, plant and equipment (12) 37,253 39,658<br />
Investments (13) 14,499,595 5,117,532<br />
Other financial assets (14) 20,134 10,029 5,335 5,262<br />
Other non-current assets (15) 1,573 4,502<br />
Deferred tax assets (10) – –<br />
Total Non-current assets 14,559,327 5,167,703<br />
Current assets<br />
Inventories (27) – –<br />
Trade receivables (16) 154,692 2,408 215,652 7,687<br />
Current financial receivables (17) 84,173 84,173 3,075,894 3,075,894<br />
Other current receivables (18) 626,429 146,908 799,920 106,007<br />
Cash and cash equivalents (19) 608 495<br />
Total Current assets 865,902 4,091,961<br />
Assets held for sale – –<br />
TOTAL ASSETS 15,425,229 9,259,664<br />
STOCKHOLDERS’ EQUITY AND LIABILITIES<br />
Stockholders’ equity (20)<br />
Capital stock 6,377,257 6,377,257<br />
Additional paid-in capital 1,540,856 681,856<br />
Reserve under law no. 413/1991 22,591 22,591<br />
Legal reserve 446,562 446,562<br />
Reserve for treasury stock in portfolio 24,139 27,710<br />
Extraordinary reserve 6,135 335<br />
Retained earnings (losses) (553,412) (811,737)<br />
Treasury stock (24,139) (27,710)<br />
Gains (losses) recognised directly in equity 162,765 134,267<br />
Stock option reserve 27,400 16,103<br />
Net result 2,343,375 1,117,325<br />
Total Stockholders’ equity 10,373,529 7,984,559<br />
Non-current liabilities<br />
Provisions for employee benefits and other non-current provisions (21) 18,104 29,171<br />
Non-current financial payables (22) 2,810,029 2,810,029 5,262 5,262<br />
Other non-current liabilities (23) 20,001 – 16,861 2,622<br />
Deferred tax liabilities (10) 3,438 –<br />
Total Non-current liabilities 2,851,572 51,294<br />
Current liabilities<br />
Provisions for employee benefits and other current provisions (24) 26,791 30,991<br />
Trade payables (25) 184,661 17,801 385,182 4,975<br />
Current financial payables (26) 1,627,430 1,405,554 557,383 434<br />
Other payables (27) 361,246 319,078 250,255 215,379<br />
Total Current liabilities 2,200,128 1,223,811<br />
Liabilities held for sale – –<br />
TOTAL STOCKHOLDERS’ EQUITY AND LIABILITIES 15,425,229 9,259,664<br />
<strong>Fiat</strong> S.p.A. Financial Statements at December 31, <strong>2006</strong> 243
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