Chrysler 2009 Annual Report Download - page 190

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189
The items included in Assets held for sale and Liabilities held for sale may be summarised as follows:
( million) At 31 December 2009 At 31 December 2008
Other intangible assets - 7
Property, plant and equipment 20 30
Investments and other financial assets: 58 -
Trade receivables 4 -
Total Assets 82 37
Provisions 2 -
Other current liabilities 5 2
Trade payables 1 -
Total Liabilities 8 2
Equity24.
Equity at 31 December 2009 exceeded that at 31 December 2008 by฀€14 million, mainly due to the net loss for the period of฀€848 million and dividends
distributed of฀€27 million (of which฀€25 million distributed by Fiat S.p.A. of฀€0.31 to saving shares), being offset by negative changes of฀€352 million in the
cash flow hedge reserve and by foreign exchange gains of฀€467 million arising from the translation into euros of the financial statements of subsidiaries
denominated in other currencies.
Share capital
At 31 December 2009, the fully paid share capital of Fiat S.p.A. is as follows:
(number of shares) At 31 December 2009 At 31 December 2008
Ordinary shares 1,092,247,485 1,092,247,485
Preference shares 103,292,310 103,292,310
Saving shares 79,912,800 79,912,800
Total shares issued 1,275,452,595 1,275,452,595
Issued shares have a nominal value of฀€5, with each category having rights as follows.
Each share confers the right to share pro rata in any earnings allocated for distribution and any surplus assets remaining upon a winding-up, subject to the
right of priority of preference and savings shares, as described in the following paragraph.
Each ordinary share confers the right to vote without any restrictions whatsoever. Each preference share confers the right to vote only on matters which
are reserved for an Extraordinary Meeting of shareholders and on resolutions concerning Procedures for General Meetings. No voting rights are attached
to savings shares.
Profit reported in the annual financial statements of Fiat S.p.A. shall be allocated as follows:
to the legal reserve, 5% of net profit until the amount of such reserve is equivalent to one-fifth of share capital;
to savings shares, a dividend of up to฀€0.31 per share;
further allocations to the legal reserve, allocations to the extraordinary reserve and/or retained profit reserve as may be resolved by Shareholders;
to preference shares, a dividend of up to฀€0.31 per share;
to ordinary shares, a dividend of up to฀€0.155 per share;
to savings shares and ordinary shares, in equal amounts, an additional dividend of up to฀€0.155 per share;
to each ordinary, preference and savings share, in equal amounts, any remaining net profit which Shareholders may resolve to distribute.