annual report - FIAT SpA

5. Other income (expenses)
This item consists of income arising from trading operations which is not attributable to the sale of goods and services
(such as royalties and other income from licences and know-how), net of miscellaneous operating costs which cannot
be allocated to specific functional areas, such as indirect taxes and duties, and accruals for various provisions not
attributable to other items of Cost of sales or Selling, general and administrative costs.
Other income (expenses) included in profit/(loss) from Discontinued Operations for 2010 consists of income of
approximately €30 million for the Agricultural and Construction equipment sector resulting from changes in the North
American health care plans.
6. Gains (losses) on the disposal of investments
Gains (losses) on the disposal of investments included in Profit (loss) from Continuing Operations in 2010 amount to a
net gain of €12 million (a net gain of €3 million in 2009) and include €10 million arising from the acquisition of the
remaining 50% of the joint venture Fiat GM Powertrain Polska.
Gains (losses) on the disposal of investments included in Profit (loss) from Discontinued Operations in 2010 amount
to a net gain of €3 million (a net gain of €1 million in 2009) and mainly consist of the gains realised from the
Agricultural and Construction Equipment Sector on the sale of the investment in the joint venture LBX Company LLC.
7. Restructuring costs
Restructuring costs included in Profit (loss) from Continuing Operations in 2010 amount to €118 million; this amount
mainly relates to the sectors Fiat Group Automobiles (€90 million) and Components (€26 million). In 2009,
restructuring costs included in Profit (loss) from Continuing Operations and amounting to €168 million mainly related
to the sectors Magneti Marelli (€62 million), Fiat Powertrain (€21 million) and Fiat Group Automobiles (€54 million).
Restructuring costs included in Discontinued Operations in 2010 amount to €58 million; this mainly relates to the
sectors FPT Industrial (€33 million), Iveco (€19 million) and Agricultural and Construction Equipment (€5million). In
2009, in 2009 restructuring costs included in Discontinued Operations and amounting to €144 million mainly related to
the sectors Agricultural and Construction equipment (€87 million), FPT Industrial (€35 million), and Iveco (€22 million).
8. Other unusual income (expenses)
Other unusual expenses included in Profit (loss) from Continuing Operations amount to €14 million in 2010. In 2009
the same item consisted of net expense of €193 million, which included the effects of write-downs of €104 million of
certain investments in platforms and architectures made by the Automobiles business in relation to the strategic
realignment with the Chrysler business, accessory costs of €41 million relating to the acquisition of the interest in
Chrysler, other non-recurring charges and costs for the write-down of assets recognised by the Group as the result of
the global economic crisis.
Other unusual expenses included in Profit (loss) from Discontinued Operations amount to €20 million in 2010. In 2009
the same item consisted of net expense of €198 million, which included other asset write-downs recognised by the
Group as a consequence of the global economic crisis (of which €173 million relating to the Iveco sector).
9. Financial income (expenses)
In addition to the items included in the specific lines of the income statement, Net financial income (expenses) from
Continuing Operations in 2010 also includes the Interest income from customers and other financial income of
financial services companies included in Net revenues for €186 million (€119 million in 2009) and Interest cost and
other financial charges from financial services companies included in Cost of sales for €107 million (€63 million in
2009). Net financial income (expenses) from Discontinued Operations in 2010 also includes the Interest income from
customers and other financial income of financial services companies included in Net revenues for €781 million
(€814 million in 2009) and Interest cost and other financial charges from financial services companies included in Cost
of sales for €761 million (€749 million in 2009).
Fiat Group Consolidated Financial Statements at 31 December 2010 138