Chrysler 2011 Annual Report Download - page 139

138 Consolidated
Financial
Statements
at 31 December
2011
Statement
of Cash Flows
pursuant to Consob
Resolution 15519 of
27 July 2006
Consolidated Statement of Cash Flows
pursuant to Consob Resolution 15519 of 27 July 2006
2011 (*) 2010
(€ million) Note Total
of which
Related Parties
(Note 37) Total
of which
Related Parties
(Note 37)
A) CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR (22) 11,967 12,226
B) CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES DURING THE YEAR:
Profit/(loss) from Continuing Operations 1,651 - 222 -
Amortisation and depreciation 3,358 - 2,186 -
(Gains) losses on disposal of:
Property, plant and equipment and intangible assets 21 - (3) -
Investments (21) - (12) -
Other non-cash items (31) (1,106) 12 89 17
Dividends received 105 105 62 62
Change in provisions (116) 124 283 (9)
Change in deferred taxes (19) - (199) -
Change in items due to buy-back commitments (31) (62) 9 4 (9)
Change in operating lease items (31) (28) - - -
Change in working capital 1,412 225 941 108
Cash flows from (used in) the operating activities of Discontinued Operations - - 2,537 -
TOTAL 5,195 6,110
C) CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Investments in:
Property, plant and equipment and intangible assets (5,528) - (2,864) -
Investments in consolidated subsidiaries (22) - (38) -
Other investments (120) (76) (121) (107)
Cash and cash equivalents from consolidation of Chrysler, net of consideration paid for the additional 16%
ownership interest (31) 5,624 - - -
Proceeds from the sale of:
Property, plant and equipment and intangible assets 324 - 46 -
Investments in consolidated subsidiaries 29 15 - -
Other investments 96 80 11 -
Net change in receivables from financing activities (1,218) (74) (594) 1
Change in current securities (14) - 24 -
Other changes (29) - 150 -
Cash flows from (used in) the investing activities of Discontinued Operations - - (443) -
TOTAL (858) (3,829)
D) CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
New issuance of bonds 2,500 - - -
Repayment of bonds (2,448) - (1,195) -
Issuance of other medium-term borrowings 2,149 - 1,210 -
Repayment of other medium-term borrowings (3,895) - (1,016) -
Changes in net financial receivables from Fiat Industrial group 2,761 2,761 - -
Net change in other financial payables and other financial assets/liabilities 143 33 66 (66)
Increase in share capital 41 - 1 -
Dividends paid (181) (40) (239) (67)
(Purchase)/sale of ownership interests in subsidiaries (31) (438) - (124) -
Cash flows from (used in) the financing activities of Discontinued Operations - - 2,084 -
TOTAL 632 787
Translation exchange differences 590 359
E) TOTAL CHANGE IN CASH AND CASH EQUIVALENTS 5,559 3,427
F) CASH AND CASH EQUIVALENTS AT END OF THE YEAR (22) 17,526 15,653
of which: Cash and cash equivalents included as Assets held for sale and Discontinued Operations -3,686 -
G) CASH AND CASH EQUIVALENTS AT END OF THE YEAR AS REPORTED (22) 17,526 11,967
(*) Cash flows for 2011 include the consolidation of Chrysler from 1 June 2011.