annual report - FIAT SpA

In 2010 and in 2009 changes in the net carrying amount of Intangible assets were as follows:
(€ million)
At 31
December
2009
Additions
Amortisation
Impairment
losses
Change in
the scope
Divesti- of consolituresdation
Translation
diff. and
other
changes
Reclassified
to
Discontinued
Operations
At 31
December
2010
Goodwill 2,776 - - - - - 152 (1,848) 1,080
Trademarks and other intangible assets
with indefinite useful lives 165 - - - - - 12 (174) 3
Development costs externally
acquired 1,342 357 (301) (10) (1) - 13 (273) 1,127
Development costs internally
generated 2,251 925 (434) (32) (3) - 37 (962) 1,782
Total Development costs 3,593 1,282 (735) (42) (4) - 50 (1,235) 2,909
Patents, concessions and licenses
externally acquired 359 78 (118) - - 1 16 (179) 157
Other intangible assets externally
acquired 295 86 (86) (6) - 3 28 (124) 196
Advances and intangible assets in
progress externally acquired 11 12 - (4) - - (7) (7) 5
Total net carrying amount of
Intangible assets 7,199 1,458 (939) (52) (4) 4 251 (3,567) 4,350
(€ million)
At 31
December
2008 Addi-tions
Amortisation
Impairment
losses
Divestitures
Change in
the scope
of consolidation
Translation
diff. and other
changes
Reclassified
to Assets
held for sale
At 31
December
2009
Goodwill 2,815 - - - - - (39) - 2,776
Trademarks and other intangible assets
with indefinite useful lives 170 - - - - - (5) - 165
Development costs externally acquired 1,344 307 (286) (50) (22) - 49 - 1,342
Development costs internally generated 1,985 739 (419) (64) (8) - 18 - 2,251
Total Development costs 3,329 1,046 (705) (114) (30) - 67 - 3,593
Patents, concessions and licenses
externally acquired 389 68 (126) - (4) - 32 - 359
Other intangible assets externally
acquired 307 69 (73) - (5) - (3) - 295
Advances and intangible assets in
progress externally acquired 38 7 - (10) - - (24) - 11
Total net carrying amount of Intangible
assets 7,048 1,190 (904) (124) (39) - 28 - 7,199
Foreign exchange gains of €258 million in 2010 principally reflect the appreciation of the US Dollar and the Brazilian
Real against the Euro. Foreign exchange gains of €27 million in 2009 principally reflect the appreciation of the
Brazilian Real against the Euro, partially offset by the depreciation of the US Dollar against the Euro.
The above mentioned changes include the following items for 2010:
Continuing Operations
Discontinued Operations
Impairment
Impairment
(€ million) Additions Amortisations losses Additions Amortisations losses
Development costs 886 576 39 396 159 3
Patents, concessions and licenses externally acquired 58 67 - 20 51 -
Other intangible assets externally acquired
Advances and intangible assets in progress externally
60 50 6 26 36 -
acquired 6 - 4 6 - -
Total 1,010 693 49 448 246 3
Fiat Group Consolidated Financial Statements at 31 December 2010 148