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The Fiat Group in 1999 - Report on Operations - Fiat SpA

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36<br />

FINANCIAL HIGHLIGHTS BY SECTOR<br />

F<str<strong>on</strong>g>in</str<strong>on</strong>g>ancial Highlights by Sector<br />

Operat<str<strong>on</strong>g>in</str<strong>on</strong>g>g <str<strong>on</strong>g>in</str<strong>on</strong>g>come<br />

from Industrial Income before<br />

Net revenues Operat<str<strong>on</strong>g>in</str<strong>on</strong>g>g <str<strong>on</strong>g>in</str<strong>on</strong>g>come Activities/Net revenues m<str<strong>on</strong>g>in</str<strong>on</strong>g>ority <str<strong>on</strong>g>in</str<strong>on</strong>g>terest<br />

<str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998 <str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998 <str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998 <str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998<br />

(<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s<br />

of euros)<br />

(<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s<br />

of euros)<br />

(<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s<br />

of euros)<br />

(<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s<br />

of euros)<br />

(<str<strong>on</strong>g>in</str<strong>on</strong>g> %) (<str<strong>on</strong>g>in</str<strong>on</strong>g> %) (<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s<br />

of euros)<br />

(<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s<br />

of euros)<br />

Automobiles (<str<strong>on</strong>g>Fiat</str<strong>on</strong>g> Auto) 24,101 24,859 (121) (108) (0.5) (0.4) (493) (258)<br />

Commercial Vehicles (Iveco)<br />

Agricultural and C<strong>on</strong>structi<strong>on</strong><br />

7,387 6,649 311 261 4.2 3.9 180 192<br />

Equipment (CNH Global) 5,246 5,127 371 452 7.1 8.8 216 507<br />

Metallurgical Products (Teksid) 1,682 1,165 76 42 4.5 3.6 26 4<br />

Comp<strong>on</strong>ents (Magneti Marelli) 4,062 3,793 108 56 2.7 1.5 107 21<br />

Producti<strong>on</strong> Systems (Comau/Pico) 1,693 843 43 (1) 2.5 (0.1) (8) (6)<br />

Aviati<strong>on</strong> (<str<strong>on</strong>g>Fiat</str<strong>on</strong>g>Avio)<br />

Roll<str<strong>on</strong>g>in</str<strong>on</strong>g>g Stock and Railway<br />

1,361 1,361 109 60 8.0 4.4 61 79<br />

Systems (<str<strong>on</strong>g>Fiat</str<strong>on</strong>g> Ferroviaria) 375 389 13 18 3.5 4.6 3 (1)<br />

Publish<str<strong>on</strong>g>in</str<strong>on</strong>g>g and Communicati<strong>on</strong>s (Itedi) 413 437 17 19 4.1 4.3 11 –<br />

Insurance (Toro Assicurazi<strong>on</strong>i) 3,922 2,959 (103) (168) n.m. n.m. 92 64<br />

Miscellaneous and elim<str<strong>on</strong>g>in</str<strong>on</strong>g>ati<strong>on</strong>s (2,119) (1,813) (36) 115 n.m. n.m. 311 314<br />

Total for the <str<strong>on</strong>g>Group</str<strong>on</strong>g> 48,123 45,769 788 746 1.9 2.2 506 916<br />

Cash flow Capital expenditures Net <str<strong>on</strong>g>in</str<strong>on</strong>g>vested capital<br />

Number<br />

of employees<br />

<str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998 <str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998 <str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998 <str<strong>on</strong>g>1999</str<strong>on</strong>g> 1998<br />

(<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s (<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s (<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s (<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s (<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s (<str<strong>on</strong>g>in</str<strong>on</strong>g> milli<strong>on</strong>s<br />

of euros) of euros) of euros) of euros) of euros) of euros)<br />

Automobiles (<str<strong>on</strong>g>Fiat</str<strong>on</strong>g> Auto) 855 1,146 1,464 1,373 5,021 5,863 82,553 93,514<br />

Commercial Vehicles (Iveco)<br />

Agricultural and C<strong>on</strong>structi<strong>on</strong><br />

433 368 359 307 2,359 1,764 36,217 31,912<br />

Equipment (CNH Global) 333 624 178 151 5,777 1,123 19,049 21,344<br />

Metallurgical Products (Teksid) 123 74 182 73 793 504 14,522 10,981<br />

Comp<strong>on</strong>ents (Magneti Marelli) 310 254 209 222 1,289 1,270 25,613 29,398<br />

Producti<strong>on</strong> Systems (Comau/Pico) 30 12 26 14 485 165 16,943 7,103<br />

Aviati<strong>on</strong> (<str<strong>on</strong>g>Fiat</str<strong>on</strong>g>Avio)<br />

Roll<str<strong>on</strong>g>in</str<strong>on</strong>g>g Stock and Railway<br />

145 167 42 36 163 159 5,590 5,962<br />

Systems (<str<strong>on</strong>g>Fiat</str<strong>on</strong>g> Ferroviaria) 18 15 11 12 29 94 2,109 2,294<br />

Publish<str<strong>on</strong>g>in</str<strong>on</strong>g>g and Communicati<strong>on</strong>s (Itedi) 19 11 8 9 25 21 934 1,473<br />

Insurance (Toro Assicurazi<strong>on</strong>i) 120 89 97 25 311 327 2,907 2,869<br />

Miscellaneous and elim<str<strong>on</strong>g>in</str<strong>on</strong>g>ati<strong>on</strong>s 474 466 136 196 2,546 2,410 14,882 13,699<br />

Total for the <str<strong>on</strong>g>Group</str<strong>on</strong>g> 2,860 3,226 2,712 2,418 18,798 13,700 221,319 220,549

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