Chrysler 2006 Annual Report Download - page 47

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(in millions of euros) 2006 2005
Gains (losses) recognised directly in the cash flow hedge reserve 109 (16)
Gains (losses) recognised directly in reserve for fair value measurement of available-for-sale financial assets 46 61
Exchange gains (losses) on the translation of foreign operations (551) 921
Gains (losses) recognised directly in equity (396) 966
Transfers from cash flow hedge reserve (6) (44)
Transfers from reserve for fair value measurement of available-for-sale financial assets (12) –
Transfers from reserve for the translation of foreign operations (1) –
Net result 1,151 1,420
Recognised income (expense) 736 2,342
Attributable to:
Equity holders of the parent 680 2,215
Minority interests 56 127
Fiat Group Consolidated Financial Statements at December 31, 2006 91
Consolidated Statement
of Recognised Income and Expense
Income (expenses)
recognised
Capital Treasury Capital Earning directly Minority
(in millions of euros) stock stock reserves reserves in equity interest Total
Balances at January 1, 2005 4,918 (26) – (615) 27 624 4,928
Capital increase from extinguishment of Mandatory Convertible Facility 1,459 – 682 – – – 2,141
Dividends –––––(29)(29)
Changes in reserve for share based payments – – – 12 – – 12
Net changes in Income (expenses) recognised directly in equity – – – – 884 38 922
Other changes – (2) – 11 – 10 19
Net result – – – 1,331 – 89 1,420
Balances at December 31, 2005 6,377 (28) 682 739 911 732 9,413
Capital increase –––––1616
Dividends –– – – – (23) (23)
Changes in reserve for share based payments –––11––11
Net changes in Income (expenses) recognised directly in equity –– – – (385) (30) (415)
Other changes –4 – (14) – (107) (117)
Net result –– – 1,065 – 86 1,151
Balances at December 31, 2006 6,377 (24) 682 1,801 526 674 10,036
Fiat Group Consolidated Financial Statements at December 31, 200690
Statement of Changes
in Stockholders’ Equity
of which of which
Related Related
parties parties
(in millions of euros) Note 2006 (Note 35) 2005 (Note 35)
Net revenues (1) 51,832 2,189 46,544 1,870
Cost of sales (2) 43,888 3,051 39,624 2,201
Selling, general and administrative costs (3) 4,697 3 4,513 4
Research and development costs (4) 1,401 – 1,364 –
Other income (expenses) (5) 105 – (43) –
Trading profit 1,951 1,000
Gains (losses) on the disposal of investments (6) 607 – 905 –
Restructuring costs (7) 450 – 502 –
Other unusual income (expenses) (8) (47) – 812 –
Operating result 2,061 2,215
Financial income (expenses) (9) (576) –(843) –
Unusual financial income (9) ––858 –
Result from investments: (10) 156 –34 –
-Net result of investees accounted for using the equity method 125 –115 –
-Other income (expenses) from investments 31 – (81) –
Result before taxes 1,641 2,264
Income taxes (11) 490 – 844 –
Result from continuing operations 1,151 1,420
Result from discontinued operations – – – –
Net result 1,151 1,420
Attributable to:
Equity holder of the parent 1,065 1,331
Minority interests 86 89
Consolidated Income Statement
pursuant to Consob Resolution No. 15519 of July 27, 2006