Chrysler 2004 Annual Report Download - page 178
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FIAT S.P.A.
03
176
Depreciation taken in 2004 was computed using the following rates:
Depreciation rates
Buildings 3%
Plant and machinery 10%
Furniture 12%
Equipment 20%
Vehicles 25%
3 Financial fixed assets
Investments
This item totaled 5,248,860 thousand euros at December 31, 2004, down 2,033,272 thousand euros from December 31, 2003.
A breakdown of changes occurred during the year is provided in the following tables:
Increases/(decreases)
(in millions of euros) % owned 2003 Acquisitions Capital reim- 2004
by Fiat Book Capital bursements Book
Company name and registered office S.p.A. value increases Disposals Writedowns value
Subsidiaries
Ferrari S.p.A. – Modena 56.00 161 161
Magneti Marelli Holding S.p.A. – Corbetta 99.99 667 667
Comau S.p.A. – Grugliasco 100.00 – 83 83
Teksid S.p.A. – Turin 80.48 – 97 97
Business Solutions S.p.A. – Turin 100.00 – 65 65
Itedi - Italiana Edizioni S.p.A. – Turin 100.00 16 16
Fiat Finance North America Inc. –
Wilmington (United States) 39.47 17 (4) 13
Fiat Ge.Va. S.p.A. – Turin 100.00 222 222
Fiat Netherlands Holding N.V. –
Amsterdam (Netherlands) 60.56 2,350 2,350
Fiat Partecipazioni S.p.A. – Turin 100.00 3,015 (1,624) 1,391
Fiat USA Inc. – New York (United States) 100.00 25 (2) 23
IHF - Internazionale Holding Fiat S.A. – Paradiso (Switzerland) 100.00 668 (635) 33
Isvor Fiat Società consortile di sviluppo e
addestramento industriale per Azioni – Turin 26.00 – 9 (9) –
Other companies 2 (1) 1
Total subsidiaries 7,143 254 (636) (1,639) 5,122
Other companies
Mediobanca S.p.A. – Milan 1.80 93 93
Istituto per la Ricerca e la Cura del Cancro S.p.A. – Turin – 6 (6) –
Istituto Europeo di Oncologia S.r.l. – Milan – 6 (6) –
Fin.Priv. S.r.l. – Milan 14.29 14 14
Consortium S.r.l. – Milan 2.62 20 20
Total other companies 139 – (12)– 127
■Grand total 7,282 254 (648)(1,639)5,249