annual report - FIAT SpA

INCOME STATEMENT (*)
(figures in €) Note 2010 2009
Dividends and other income from investments (1) 428,723,556 1,259,831,240
Impairment (losses)/reversals on investments (2) 155,700,000 (858,000,000)
Gains/(losses) on disposals (3) 5,748 -
Other operating income (4) 61,762,491 75,431,036
Personnel costs (5) (43,384,892) (31,587,673)
Other operating costs (6) (101,590,587) (85,905,353)
Financial income/(expense) (7) (93,034,966) (13,690,556)
PROFIT/(LOSS) BEFORE TAXES 408,181,350 346,078,694
Income taxes (8) 33,778,159 (6,115,156)
PROFIT/(LOSS) FROM CONTINUING OPERATIONS 441,959,509 339,963,538
Profit/(loss) from discontinued operations - -
PROFIT/(LOSS) 441,959,509 339,963,538
(*) Pursuant to Consob Resolution 15519 of 27 July 2006, the effects of transactions with related parties on Fiat S.p.A.’s Income Statement are presented
in a specific income statement provided on the following pages and commented on in the notes to individual line items and Note 30.
STATEMENT OF COMPREHENSIVE
INCOME
(€ thousand) 2010 2009
PROFIT/(LOSS) (A) 441,959 339,964
Gains/(losses) recognized directly in fair value reserve (investments in other companies) (4,468) 3,071
Income tax relating to components of other comprehensive income - -
TOTAL OTHER COMPREHENSIVE INCOME, NET OF TAX (B) (4,468) 3,071
TOTAL COMPREHENSIVE INCOME (A)+(B) 437,491 343,035
Fiat S.p.A. – Statutory Financial Statements at 31 December 2010 256