Chrysler 2005 Annual Report Download - page 239

238 Fiat S.p.A. Financial Statements at December 31, 2005 - N otes to the Financial Statements
03 Fiat S.p.A.
Change in contract work in progress
This item represents mainly costs incurred during the fiscal year for project management, coordination, and organisation in connection with
the High-Speed Railway Project and capitalised as part of inventories.
Totalling 13,576 thousand euros in 2005, or 3,283 thousand euros less than in 2004, it mainly consists of services provided by suppliers outside
the Group (12,995 thousand euros).
Other income and revenues
O ther income and revenues amounted to 11,702 thousand euros in 2005 and include 2,262 thousand euros in rental income from buildings
owned by Fiat S.p.A. and leased to Group companies, 6,454 thousand euros in fees paid by miscellaneous companies for services performed by
employees or coordinated and continuing collaborators of Fiat S.p.A. in the capacity of D irectors, 476 thousand euros in miscellaneous income
and expense reimbursements, and 2,510 thousand euros in prior period income, largely represented by bonuses to employees that were
accrued in an amount that was greater than what had actually been paid.This item shows a decrease of 150 thousand euros from 2004.
16. Costs of production
Raw materials, supplies and merchandise
This item totalled 407 thousand euros in 2005, against 423 thousand euros in 2004.
It consists mainly of the cost of research publications, office supplies and printed forms.
Services
Service costs amounted to 76,218 thousand euros in 2005, a decrease of 33,631 thousand euros compared with 2004 due to lower expenses
for professional services and consulting related to projects of interest to the Group in the administrative and financial areas, which were
completed or are in the process of being completed, as well as lower expenses for facilities management services.
Amounts paid to Group companies for services provided totalled 32,670 thousand euros and include support and administrative and
financial consulting services (4,493 thousand euros to Fiat Gesco S.p.A., 656 thousand euros to Fiat Ge.Va. S.p.A., and 168 thousand euros to
KeyG Consulting S.p.A.);external relations services (1,815 thousand euros to Fiat I&CS S.c.p.A.);office management and maintenance (7,178
thousand euros to Ingest Facility S.p.A.);personnel management and other services (5,170 thousand euros to Fiat Se.p.In. S.c.p.A.); information
technology services (223 thousand euros to PDL Service S.r.l. and 1,023 thousand euros to eSPIN S.p.A.); security services (2,924 thousand
euros to Consorzio O rione and 1,089 thousand euros to Consorzio Sirio), and internal audit activities (5,038 thousand euros to Fiat-Revisione
Interna S.c.r.l.).
Expenses for services provided by others totalled 43,548 thousand euros and include professional services, studies and consulting in the
technical field (TAV), legal, administrative, and financial advice for 23,277 thousand euros, sponsorship and advertising expenses of 6,259
thousand euros, information services for 2,870 thousand euros, and insurance and other overhead expenses.
Leases and rentals
Leases and rentals totalled 987 thousand euros in 2005, or 38 thousand euros more than in 2004.
Personnel
This item amounted to 41,705 thousand euros in 2005 and includes provisions to the Reserve for pensions and similar obligations and
to “other” reserves for bonuses and severance incentives as well as bonuses for the achievement of objectives.This item shows a decrease