Chrysler 2007 Annual Report Download - page 184

183Fiat Group Consolidated Financial Statements at December 31, 2007 - Notes
The Production System Sector (Comau) designs and produces industrial automation systems and related products for the
automotive industry.
The activities of the Publishing and Communications Sector (Itedi) mainly include publishing the newspaper
La Stampa and selling
advertising space in the print, television and internet media.
Total Net revenues presented by each Sector includes transactions with other Sectors carried out at arm’s length prices.
Intersegment revenues and expenses are reconciled and are eliminated in the consolidated financial statements of the Group;
intersegment receivables and payables are eliminated in a similar manner.
The item Segment Capital expenditure, Depreciation and amortisation, and Impairment concern intangible assets and property,
plant and equipment.
Other Sector non-cash items comprise the Other provision for risks and charges.
The “Segment Result” arising under IAS 14 is equal to the Operating result. The Operating result and Trading profit include,
respectively, Interest income and other financial income and Interest expenses and other financial expenses of financial services
companies in Net revenues and Cost of Sales of the Sector.
Sector Assets are operating assets used by the Sector in its business and are directly attributed or allocated, in a reasonable
manner, to the Sector. These assets do not include tax assets and investments accounted for using the equity method.
Sector Liabilities are operating liabilities used by the Sector in its business and are directly attributed or allocated, in a reasonable
manner, to the Sector. These liabilities do not include tax liabilities.
As the Sector Result includes Interest income and other financial income and Interest expenses and other financial expenses of
financial services companies, the Assets of the Fiat Group Automobiles, Ferrari, Agricultural and Construction Equipment and Iveco
Sectors include financial assets (primarily the investment portfolio) of financial services companies; similarly Sector Liabilities
include the debt of financial services companies. As a result, the unallocated Group debt represents the debt of the industrial
companies.