Chrysler 2008 Annual Report Download - page 162

22. Cash and cash equivalents
Cash and cash equivalents include:
(€ millions) At 31 December 2008 At 31 December 2007
Cash at banks 2,989 5,429
Cash with a pre-determined use 473 530
Money market securities 221 680
Total Cash and cash equivalents 3,683 6,639
Amounts shown are readily convertible into cash and are subject to an insignificant risk of changes in value. The carrying amount
of cash and cash equivalent is to be considered in line with their fair value at the balance sheet date.
Cash with a pre-determined use consists of cash whose use is restricted to the repayment of the debt related to securitisations
classified in the item Asset-backed financing.
The credit risk associated with Cash and cash equivalents is limited, because it mainly relates to deposits spread across primary
national and international financial institutions.
23. Assets and Liabilities held for sale
At 31 December 2008, Assets and liabilities held for sale consist mainly of certain buildings and factories of the Agricultural and
Construction Equipment, Fiat Group Automobiles and Comau Sectors, together with the book value of certain patents and the
assets and liabilities of a minor subsidiary of the Fiat Group Automobiles Sector.
At 31 December 2007, Assets and liabilities held for sale included certain buildings and factories of the Agricultural and
Construction Equipment Sector and the assets and liabilities of certain businesses of the Comau Sector, which were then classified
back to their respective line items in 2008. The item also included certain buildings and factories of the Fiat Group Automobiles and
Iveco Sectors and the investment in Teksid Aluminum Getti Speciali S.r.l., a subsidiary of Teksid Aluminum S.r.l., which was sold
during 2008.
Fiat Group Consolidated Financial Statements at 31 December 2008 161