Chrysler 2010 Annual Report Download - page 309

308 FIAT S.P.A.
STATUTORY
FINANCIAL
STATEMENTS AT
31 DECEMBER
2010
STATEMENT OF
CASH FLOWS
PURSUANT TO
CONSOB RESOLUTION
NO. 15519
OF 27 JULY 2006
STATEMENT OF CASH FLOWS
pursuant to Consob Resolution no. 15519 of 27 July 2006
of which of which
(€ thousand)
2010 related parties 2009 related parties
A) CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR 474 495
B) CASH FROM/(USED IN) OPERATING ACTIVITIES:
Profit/(loss) for the period 441,959 339,964
Amortization and depreciation 1,714 1,706
Non-cash cost of stock option plans 17,241 17,241 4,659 6,385
Impairment losses/(reversals) on investments (155,700) (155,700) 858,000 858,000
Fair value adjustment to equity swaps on Fiat shares (107,070) (107,070) (116,992) (116,992)
Losses/(gains) on disposals (33) -
Change in provisions for employee benefits and other provisions (4,559) (9,980) 1,141 6,260
Change in deferred taxes 7,000 (5,858)
Change in working capital (137,315) (22,610) 274,280 (34,356)
TOTAL 63,237 1,356,900
C) CASH FROM/(USED IN) INVESTING ACTIVITIES:
Investments relating to:
Incorporation and capitalization of subsidiaries (2,258,853) (2,258,853) (406,467) (406,467)
Reductions in investments relating to:
Proceeds from disposals 36 36 -
Other (investments)/disposals, net 3,706 (6,429)
TOTAL (2,255,111) (412,896)
D) CASH FROM/(USED IN) FINANCING ACTIVITIES:
Change in current financial assets 197,418 197,418 (606,947) (606,947)
Proceeds from non-current financial payables and other changes 2,194,660 2,194,660 6,251 6,251
Repayment of non-current financial payables (400,000) (400,000) -
Change in current financial liabilities 436,681 472,386 (318,556) (64,790)
Increase in share capital - -
Purchase of own shares - -
Sale of own shares - -
Dividends paid (237,119) (66,935) (24,773)
TOTAL 2,191,640 (944,025)
E) NET CHANGE IN CASH AND CASH EQUIVALENTS (234)
(21)
F) CASH AND CASH EQUIVALENTS AT END OF THE YEAR 240
474