Chrysler 2004 Annual Report Download - page 112

FIAT GROUP
02
110
Financial receivables from others amount to 6,180 million euros at December 31, 2004 (9,585 million euros at December 31, 2003), of
which 5,302 million euros (7,914 million euros at December 31, 2003) consist of financing granted to retail customers as well as dealer
networks and suppliers. As regards the receivables from the dealer networks, reference can be made to the information provided in
the Report on operations Financial Review of the Fiat Group and Fiat S.p.A., with regard to the note on the Net Financial Position.
Financial receivables from others also include the net value of subordinated securities of 319 million euros (214 million euros at
December 31, 2003) subscribed as part of the securitization of financial receivables.
7 Cash
(in millions of euros) At 12/31/2004 At 12/31/2003
Bank and post office accounts 3,151 3,195
Checks 39
Cash on hand 10 7
Total Cash 3,164 3,211
Cash recorded in the financial statements at December 31, 2004 and 2003 is in line with the fair value at the same dates.
8 Accrued income and expenses
(in millions of euros) At 12/31/2004 At 12/31/2003
Other Accrued income and prepaid expenses:
Commercial accrued income
Accrued interest and commissions 25
Other 17 14
Total Commercial accrued income 19 19
Commercial prepaid expenses
Interest 839
Other 371 349
Total Commercial prepaid expenses 379 388
Financial accrued income 234 301
Financial prepaid expenses 93 85
Total Accrued income and prepaid expenses 725 793
Financial accrued income mainly includes day-to-day interest earned on securities and derivative financial instruments.