Home » Chrysler Annual Reports » 2009 Annual Report - page 349

Chrysler 2009 Annual Report Download - page 349

Download and view the complete annual report

Please find page 349 of the 2009 Chrysler annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

348

AUDITOR’S

REPORTS

To the Shareholders of FIAT S.p.A.

1. We have audited the statutory ﬁnancial statements of Fiat S.p.A. as of and for the year ended 31 December, 2009, which

comprise the statement of ﬁnancial position, the income statement, the statement of comprehensive income, the statement of

changes in equity, the statement of cash ﬂows and the related notes to ﬁnancial statements. These ﬁnancial statements prepared

in accordance with International Financial Reporting Standards as adopted by the European Union and the requirements of

national regulations issued pursuant to art. 9 of Italian Legislative Decree n. 38/2005 are the responsibility of the Company’s

Directors. Our responsibility is to express an opinion on these ﬁnancial statements based on our audit.

2. We conducted our audit in accordance with the Auditing Standards recommended by CONSOB, the Italian Commission for

listed Companies and the Stock Exchange. Those standards require that we plan and perform the audit to obtain reasonable

assurance about whether the ﬁnancial statements are free of material misstatement. An audit includes examining, on a test

basis, evidence supporting the amounts and disclosures in the ﬁnancial statements. An audit also includes assessing the

accounting principles used and signiﬁcant estimates made by the Directors, as well as evaluating the overall ﬁnancial statement

presentation. We believe that our audit provides a reasonable basis for our opinion.

For the opinion on the prior year’s ﬁnancial statements, the data of which are presented for comparative purposes, reference

should be made to our auditor’s report issued on 18 February, 2009.

3. In our opinion, the statutory ﬁnancial statements of Fiat S.p.A. as of 31 December, 2009 comply with International Financial

Reporting Standards as adopted by the European Union and the requirements of national regulations issued pursuant to art. 9

of Italian Legislative Decree n. 38/2005; accordingly, they give a true and fair view of the ﬁnancial position of Fiat S.p.A., and of

the results of its operations and its cash ﬂows for the year then ended.

AUDITOR’S REPORT ON THE STATUTORY

FINANCIAL STATEMENTS PURSUANT TO

ART. 156 OF LEGISLATIVE DECREE

N. 58 OF 24 FEBRUARY, 1998