Chrysler 2003 Annual Report Download - page 173

172 Fiat S.p.A. Financial Statements at December 31, 2003
Notes to the Financial Statements
17 Financial income and expenses
Investment income
Income from investments came to 399,927 thousand euros in 2003, an increase of 121,491 thousand euros compared with 2002.
A breakdown is as follows:
(in thousands of euros) 2003 2002
Subsidiaries
Dividends distributed by:
FiatAvio S.p.A. 100,000 67,000
Fiat Partecipazioni S.p.A. (formerly Sicind S.p.A.) 70,000 –
Business Solutions S.p.A. 67,000 –
Itedi S.p.A. 10,620 –
Fiat Ge.Va. S.p.A. 6,700 –
Toro Assicurazioni S.p.A. 49 –
Ferrari S.p.A. –108,000
Elasis S.c.p.A. –9
Total 254,369 175,009
Tax credit on dividends paid 142,666 98,438
Total subsidiaries 397,035 273,447
Other companies
Dividends distributed by:
Mediobanca S.p.A. 2,541 2,118
Fin. Priv. S.r.l. 351 292
Tredicimarzo S.r.l. –783
Total 2,892 3,193
Tax credit on dividends paid –1,796
Total other companies 2,892 4,989
Total investment income 399,927 278,436
Other financial income
From receivables held as fixed assets
This item was equal to zero in 2003. This item represented accrued interest on a loan to Elasis S.c.p.A. paid off in the first half of 2002.
From securities held as fixed assets other than equity investments
This item consists of interest earned on securities pledged to fund scholarship grants.
Income from these securities totaled 2 thousand euros in 2003, 1 thousand euros less than in 2002.
Other income
Other income came to 54,468 thousand euros in 2003, a decrease of 14,143 thousand euros compared with 2002.