Chrysler 2001 Annual Report Download - page 61

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Revenues by business unit
Welding
Molding
Mechanical Engineering
Maintenance
Others
Revenues by customer
Fiat Group
Other carmakers
32%
68%
26%
17%
39%
7%
11%
61
Report on Operations – Comau
Comau’s objective is to supply simple, cost-effective and flexible
automation systems, working closely with its customers from the
design phase through every step of the manufacturing process:
from engineering to production, assembly and maintenance
services.
Comau’s global presence enables it to guarantee full-service
support for its customers anywhere in the world.
Comau worldwide
Rest Rest of
Italy of Europe the world Total
Production facilities 6 11 17 34
R&D centers 9 4 1 14
could be made up only in part by higher maintenance service
revenues, efficiency improvements and non-recurring gains
(35 million euros, compared with 10 million euros in 2000)
earned primarily on the disposal of non-strategic real estate
assets in the United States.
Research and development expenditures totaled 22 million
euros in 2001 (20 million euros in 2000). Amortization and
depreciation also increased, rising to 63 million euros
(57 million euros in the previous year).
Robotized car-frame welding line.
For the year as a whole, the Sector reported a net loss
of 36 million euros (net income of 6 million euros in 2000),
due to the drop in operating income and the impact of costs
incurred to restructure some of its subsidiaries.
Comau’s interest in the result for the year was a net loss of
37 million euros, compared with net income of 7 million euros
in 2000.
Cash flow also decreased, falling from 63 million euros in
2000 to 27 million euros in 2001.