Chrysler 2008 Annual Report Download - page 259

Cash Flow Statement
pursuant to Consob Resolution No. 15519 of 27 July 2006
(€ thousands) 2008 of which Related Parties 2007 of which Related Parties
A) Cash and cash equivalents at beginning of the year 524 608
B) Cash from/(used in) operating activities during the year:
Net profit for the period 1,199,146 2,068,859
Amortisation and depreciation 1,862 2,506
Non-cash cost of stock option plans 9,123 6,517 43,988 39,664
Impairment losses/(reversals) on investments 7,000 (1,247,069)
Capital losses/(gains) on disposals (879,884) (879,483) (118,391)
Change in provisions for employee benefits and other provisions 11,334 5,332 (23,466) 2,823
Change in deferred taxes 1,601 819
Change in working capital 184,605 58,253 (13,581) (80,412)
Total 534,787 713,665
C) Cash from/(used in) investing activities:
Investments:
- Recapitalisations of subsidiaries (350,000) (350,000) (120,000) (120,000)
Reduction of investments relating to:
- Capital reductions and distribution of reserves by subsidiaries –2,322,545 2,322,545
- Proceeds from disposals 611 225,142
Other (investments) divestitures, net 878,773 605
Total 529,384 2,428,292
D) Cash from/(used in) financing activities:
Change in current financial assets 1,223,431 1,223,431 (1,139,258) (1,139,258)
Change in non-current financial liabilities (998,857) (998,857) (641) (641)
Change in current financial liabilities (541,562) (634,711) (1,332,735) (1,331,867)
Proceeds from the increase in share capital –35
Purchase of treasury shares (238,531) (426,023)
Sale of treasury shares 738 30,523 3,480
Dividends paid (509,419) (145,679) (273,942) (61,255)
Total (1,064,200) (3,142,041)
E) Total change in cash and cash equivalents (29) (84)
F) Cash and cash equivalents at end of the year 495 524
Fiat S.p.A. Statutory Financial Statements at 31 December 2008258