Chrysler 2008 Annual Report Download - page 153

At 31 December 2008, the stock market quotation of Investments in listed jointly controlled entities and listed associates is as
follows:
(€ millions) Carrying value Stock market quotation
Tofas-Turk Otomobil Fabrikasi Tofas A.S. 190 99
Rizzoli Corriere della Sera MediaGroup S.p.A. 11 7 7 5
Turk Traktor Ve Ziraat Makineleri A.S. 48 38
Al-Ghazi Tractors Ltd. 17 35
Total Investments in listed jointly controlled entities and associates 372 247
The stock market quotation is not considered representative of the recoverable amount of these investments considering the
present crisis in the financial markets.
At 31 December 2008, the item Investments whose carrying amount is measured at fair value with changes recognised directly
in equity, includes the investment in Assicurazioni Generali S.p.A. of €3 million (€6 million at 31 December 2007); the item includes
also the investment of €15 million in Fin. Priv. S.r.l. (€28 million at 31 December 2007).
At 31 December 2008, non-current financial receivables of €47 million (€51 million at 31 December 2007) were pledged as security
for loans obtained.
17. Leased assets
The Group leases out assets, mainly its own products, as part of its financial services business. This item changed as follows
in 2008 and 2007:
At Disposals At
31 December Translation and other 31 December
(€ millions) 2007 Additions Depreciation differences changes 2008
Gross carrying amount 520 284 – 5 (135) 674
Less: Depreciation and impairment (124) – (90) (1) 46 (169)
Net carrying amount of Leased assets 396 284 (90) 4 (89) 505
At Disposals At
31 December Translation and other 31 December
(€ millions) 2006 Additions Depreciation differences changes 2007
Gross carrying amount 347 302 – (27) (102) 520
Less: Depreciation and impairment (100) – (71) 5 42 (124)
Net carrying amount of Leased assets 247 302 (71) (22) (60) 396
Fiat Group Consolidated Financial Statements at 31 December 2008152