Chrysler 2009 Annual Report Download - page 235

234 FIAT GROUP
CONSOLIDATED
FINANCIAL
STATEMENTS
AT 31 DECEMBER
2009
NOTES
The consideration received for these sales of consolidated subsidiaries and the related net cash inflows are as follows:
Total sales of
consolidated
(€ million) subsidiaries
Consideration received:
Consideration due 25
Deferred sales proceeds, net (4)
Total Consideration received 21
Net cash inflows on disposals:
Consideration received 21
Cash and cash equivalents disposed of (5)
Total Net cash inflows on disposals 16
Total Net cash inflows generated 16
In 2008 the Group disposed of the following businesses:
The investments in ITS-GSA Fiat Group France S.A.S., ITS-GSA Deutschland GmbH and ITS-GSA U.K. Limited were sold during the second quarter of
2008; these had already been classified as assets held for sale in the consolidated financial statements for the year ended 31 December 2007.
The investment in Teksid Aluminum Getti Speciali S.r.l. (already included under Assets held for sale in the consolidated financial statements at
31 December 2007) was sold during the third quarter of 2008.
The book value at the disposal date of the net assets sold is summarised in the following table:
Total sales of
consolidated
(€ million) subsidiaries
Non-current assets -
Cash and cash equivalents 1
Other current assets 12
Total assets 13
Debt -
Other liabilities 8
Total liabilities 8
The consideration received for these sales of consolidated subsidiaries and the related net cash inflows are as follows:
Total sales of
consolidated
(€ million) subsidiaries
Consideration received:
Consideration due 1
Deferred sales proceeds, net -
Total Consideration received 1
Net cash inflows on disposals:
Consideration received 1
Cash and cash equivalents disposed of (1)
Total Net cash inflows on disposals -
Total Net cash inflows generated -