Chrysler 2009 Annual Report Download - page 303

FIAT S.P.A.
STATUTORY
FINANCIAL
STATEMENTS AT
31 DECEMBER
2009
NOTES
302
11. Property, plant and equipment
At 31 December 2009, property, plant and equipment totalled €31,445 thousand and was subject to the following changes during the year:
At (Decreases) and At
(€ thousand) 31 December 2008 Additions Depreciation Other changes 31 December 2009
Land and buildings
Gross carrying amount 46,082 - - - 46,082
Accumulated depreciation (15,524) - (1,353) - (16,877)
Net carrying amount 30,558 - (1,353) - 29,205
Plant and machinery
Gross carrying amount 10,135 - - - 10,135
Accumulated depreciation (9,899) - (122) - (10,021)
Net carrying amount 236 - (122) - 114
Other tangible assets
Gross carrying amount 4,731 78 - (34) 4,775
Accumulated depreciation (2,501) - (169) 21 (2,649)
Net carrying amount 2,230 78 (169) (13) 2,126
Total property, plant and equipment
Gross carrying amount 60,948 78 - (34) 60,992
Accumulated depreciation (27,924) - (1,644) 21 (29,547)
Net carrying amount 33,024 78 (1,644) (13) 31,445
Land and buildings include land for €610 thousand (unchanged with respect to the previous year) while buildings mainly comprise the Company’s
headquarters in Via Nizza 250, Turin.
Plant and machinery was principally made up of general plant used in the buildings.
Other tangible assets comprised cars, office furniture and equipment.
At 31 December 2009, there were no assets under development or contractual commitments to purchase items of property, plant and equipment of a
significant amount.
No buildings were subject to liens, pledged as collateral or restricted in use.
Depreciation of property, plant and equipment is recognised under other operating costs in the income statement (Note 6).