Chrysler 2005 Annual Report Download - page 150

149
Appendix 1 Transition to International Financial Reporting Standards (IFRS)
Effects of transition to IFRS on the Consolidated Balance Sheet at January 1, 2004
Italian
(in millions of euros) GAAP Reclassifications Adjustments IAS/IFRS
Intangible fixed assets: 3,724 – 1,774 5,498 Intangible assets:
Goodwill 2 ,402 – – 2,402 Goodwill
Other intangible fixed assets 1,322 – 1,774 3 ,096 Other intangible assets
Property, plant and equipment: 9,675 (945) 817 9,547 Property, plant and equipment
Property, plant and equipment 8,761 (31) – –
Operating leases 91 4 (914) – –
31 – 31 Investment property
Financial fixed assets 3,950 70 (121) 3,899 Investment and other financial assets
Financial receivables held as fixed assets 29 (29) – –
914 (50) 864 Leased assets
Deferred tax assets 1,879 – 266 2,145 D eferred tax assets
Total N on-Current assets 19,257 41 2,686 21,984 N on-current assets
N et inventories 6,484 – 1,113 7,597 Inventories
Trade receivables 4,553 (682) 2,678 6,549 Trade receivables
12,890 7,937 20,827 Receivables from financing activities
O ther receivables 3,081 (148) 541 3,474 O ther receivables
407 10 417 Accrued income and prepaid expenses
2,129 Current financial assets:
32 – 32 Current equity investments
515 260 77 5 Current securities
430 892 1,3 22 Other financial assets
Financial assets not held as fixed assets 120 (120) – –
Financial lease contracts receivable 1,797 (1,797) – –
Financial receivables 10,750 (10,750) – –
Securities 3,789 (3,789) – –
Cash 3,211 3,214 420 6,845 Cash and cash equivalents
Total Current assets 33,785 202 13,851 47,838 Current assets
Trade accruals and deferrals 407 (407) – –
Financial accruals and deferrals 386 (386) – –
21 21 Assets held for sale
TOTAL ASSETS 53,835 (550)16,558 69,843 TOTAL ASSETS
Stockholders’ equity 7,494 (934)6,560 Stockholders’ equity
7,455 Provisions:
Reserves for employee severance indemnities 1,313 1,503 1,224 4,040 Employee benefits
Reserves for risks and charges 5,168 (1,550) (203) 3 ,415 Other provisions
Deferred income tax reserves 211 (211) – –
Long-term financial payables 15,418 6,501 14,790 36,709 Debt:
10,581 Asset-backed financing
26,12 8 Other debt
Total N on-current liabilities 22,110 6,243
568 (223) 345 O ther financial liabilities
Trade payables 12,588 – (297) 12,291 Trade payables
O thers payables 2,742 – 1,948 4,690 O ther payables
Short-term financial payables 6,616 (6,616) – –
Total Current liabilities 21,946 (6,048)
211 274 485 D eferred tax liabilities
Trade accruals and deferrals 1,329 (21) 1,308 Accrued expenses and deferred income
Financial accruals and deferrals 956 (956) – –
– Liabilities held for sale
TOTAL LIABILITIES AN D STO CKHO LD ERS’ 53,835 (550)(934) 69,843 TOTAL STO CKHO LDERS’ EQUITY
EQ UITY AN D LIABILITIES