Chrysler 2010 Annual Report Download - page 260

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Trade payables: these relate to payables resulting from the costs discussed above and those arising from the Group’s trade relationships with FGA
Capital. In particular:
(€ million) At 31 December 2010 At 31 December 2009
Società Europea Veicoli Leggeri-Sevel S.p.A. 466 290
Tofas-Turk Otomobil Fabrikasi Tofas A.S. 220 250
FGA Capital 52 80
Société Européenne de Véhicules Légers du Nord-Sevelnord Société Anonyme 51 113
Other 9 60
Total Trade payables due to jointly controlled entities 798 793
Current receivables from financing activities: this item, amounting to €63 million at 31 December 2010 (€62 million at 31 December 2009), mainly relates
to receivables of the Group financial services companies due from jointly controlled entities.
Other current assets: this item, amounting to €34 million at 31 December 2010 (€36 million at 31 December 2009), relates mostly to other receivables
of €26 million due from FGA Capital at 31 December 2010 (€31 million at 31 December 2009).
Asset-backed financing: this item, amounting to €92 million at 31 December 2010 (€96 million at 31 December 2009), relates to amounts due to
FGA Capital for sales of receivables which do not qualify as sales under IAS 39.
Other financial payables: this item, amounting to €146 million at 31 December 2010 (€209 million at 31 December 2009), includes €144 million of other
payables of a financial nature due to FGA Capital (€96 million at 31 December 2009).
Transactions with associated companies
These transactions mainly affected revenues, trade receivables and asset backed-financing and other financial payables. The effects arising on the financial
statements are set out as follows.
Net Revenues: transactions consist principally of sales of motor vehicles and components, including engines and gearboxes, production systems,
and the provision of services, to the following companies:
(€ million) 2010 2009
Chrysler, for the sale of components and production systems 195 31
To-dis S.r.l. for the sale of publishing products and other 49 55
Total Net Revenues from associated companies 244 86
Cost of sales: transactions consist principally of the purchase of vehicles by the following companies:
(€ million) 2010 2009
Chrysler, for the purchase of vehicles 226 -
Others 5 7
Total cost of sales from associated companies 231 7