Chrysler 2009 Annual Report Download - page 179

178 FIAT GROUP
CONSOLIDATED
FINANCIAL
STATEMENTS
AT 31 DECEMBER
2009
NOTES
In 2008 the total increase of฀€18 million in the column Reclassified to assets held for sale included the carrying amount of tangible assets of certain
businesses of the Comau and CNH Sectors which were previously classified as Assets held for sale and were reclassified to their respective line items during
the year.
In 2009 exchange gains of฀€401 million principally reflect the appreciation of the Real against the Euro, partially offset by the depreciation of the US Dollar
and the Argentine Peso against the Euro. In 2008 exchange losses of฀€493 million principally reflected changes in the Real/Euro and in the Zloty/Euro
exchange rate.
At 31 December 2009, land and industrial buildings of the Group pledged as security for debt amounted to฀€ 135 million (€113 million at 31 December 2008);
plant and machinery pledged as security for debt and other commitments amounted to฀€244 million (€267 million at 31 December 2008) and other assets
pledged as security for debt and other commitments totalled฀€9 million (€3 million at 31 December 2008); these relate to suppliers’ assets recognised in
the consolidated financial statements in accordance with IFRIC 4, with the simultaneous recognition of a financial lease payable.
At 31 December 2009, the Group had contractual commitments for the acquisition of property, plant and equipment amounting to฀€666 million (€725 million
at 31 December 2008).
Investments and other financial assets16.
(€ million) At 31 December 2009 At 31 December 2008
Investments accounted for using the equity method 1,884 1,899
Investments at fair value with changes directly in equity 21 18
Investments at cost 76 67
Total Investments 1,981 1,984
Non-current financial receivables 138 127
Other securities 40 66
Total Investments and other financial assets 2,159 2,177
Investments
The changes in Investments in 2009 and in 2008 are set out below:
At 31 Acquisitions Change in Disposals At 31
December Revaluations/ and the scope of Translation and other December
(€ million) 2008 (Write-downs) Capitalisations consolidation differences changes 2009
Investments in unconsolidated subsidiaries 57 1 11 2 - (2) 69
Investments in jointly controlled entities 1,377 67 51 - (12) (52) 1,431
Investments in associates 512 (46) 1 - (9) (17) 441
Investments in other companies 38 (1) - - - 3 40
Total Investments 1,984 21 63 2 (21) (68) 1,981
At 31 Acquisitions Change in Disposals At 31
December Revaluations/ and the scope of Translation and other December
(€ million) 2007 (Write-downs) Capitalisations consolidation differences changes 2008
Investments in unconsolidated subsidiaries 70 (3) 13 (20) 1 (4) 57
Investments in jointly controlled entities 1,411 106 59 4 (54) (149) 1,377
Investments in associates 497 25 - (4) 22 (28) 512
Investments in other companies 54 3 - - - (19) 38
Total Investments 2,032 131 72 (20) (31) (200) 1,984