Chrysler 2009 Annual Report Download - page 305

FIAT S.P.A.
STATUTORY
FINANCIAL
STATEMENTS AT
31 DECEMBER
2009
NOTES
304
Investments in subsidiaries and changes during the year are provided in the following table:
Impairment
% At (losses)/ At
(€ thousand) interest 31 December 2008 Additions (Decreases) reversals 31 December 2009
Fiat Group Automobiles S.p.A. 100.00 4,676,359 (2,279) (200,000) 4,474,080
Gross carrying amount 7,383,359 (2,279) 7,381,080
Accumulated impairment losses (2,707,000) (200,000) (2,907,000)
Ferrari S.p.A. 85.00 1,055,203 1,055,203
Gross carrying amount 1,055,203 1,055,203
Accumulated impairment losses - -
Maserati S.p.A. 100.00 103,887 (88) 103,799
Gross carrying amount 103,887 (88) 103,799
Accumulated impairment losses - -
Fiat Netherlands Holding N.V. 100.00 3,827,347 3,827,347
Gross carrying amount 3,827,347 3,827,347
Accumulated impairment losses - -
Iveco S.p.A. 100.00 1,835,273 300,000 (1,643) (560,000) 1,573,630
Gross carrying amount 1,835,273 300,000 (1,643) 2,133,630
Accumulated impairment losses (560,000) (560,000)
Fiat Powertrain Technologies S.p.A. 100.00 649,667 (755) 648,912
Gross carrying amount 649,667 (755) 648,912
Accumulated impairment losses - -
Magneti Marelli S.p.A. 99.99 612,338 (483) 611,855
Gross carrying amount 612,338 (483) 611,855
Accumulated impairment losses - -
Teksid S.p.A. 84.79 76,157 (73) 76,084
Gross carrying amount 129,143 (73) 129,070
Accumulated impairment losses (52,986) (52,986)
Teksid Aluminum S.r.l. 100.00 43,292 25,000 (31,000) 37,292
Gross carrying amount 43,292 25,000 68,292
Accumulated impairment losses - (31,000) (31,000)
Comau S.p.A. 100.00 103,289 40,000 (238) (51,000) 92,051
Gross carrying amount 543,020 40,000 (238) 582,782
Accumulated impairment losses (439,731) (51,000) (490,731)
Fiat Partecipazioni S.p.A. 100.00 950,700 (250) (16,000) 934,450
Gross carrying amount 950,700 (250) 950,450
Accumulated impairment losses - (16,000) (16,000)
Fiat Finance S.p.A. 100.00 222,263 222,263
Gross carrying amount 222,263 222,263
Accumulated impairment losses - -
Fiat Finance North America Inc. 39.47 15,557 41,467 57,024
Gross carrying amount 17,118 41,467 58,585
Accumulated impairment losses (1,561) (1,561)
Other subsidiaries 123,328 (10) 123,318
Gross carrying amount 182,893 (10) 182,883
Accumulated impairment losses (59,565) (59,565)
Total investments in subsidiaries 14,294,660 406,467 (5,819) (858,000) 13,837,308
Gross carrying amount 17,555,503 406,467 (5,819) 17,956,151
Accumulated impairment losses (3,260,843) (858,000) (4,118,843)