Chrysler 2011 Annual Report Download - page 268

267
Fiat S.p.A. - Statutory
Financial Statements
at 31 December 2011
Fiat S.p.A.
Statutory
Financial
Statements
at 31 December
2011
Statement of Changes in Equity
Statement of
Changes
in Equity
(€ thousand)
Share
capital
Share
premium
reserve
Legal
reserve
Reserve
available
for the
purchase
of own
shares
Reserve
for own
shares
Retained
profit/
(loss)
Gains/
(losses)
recognized
directly
in equity
Stock
option
reserve
Other
reserves
(2)
Own
shares
(1)
Profit/
(loss) for
the year
Total
equity
Balances at 31 December 2009 6,377,263 1,540,885 699,460 1,142,740 656,553 2,198,994 2,440 95,272 89,829 (656,553) 339,964 12,486,847
Allocation of prior year profit:
to the Legal reserve 16,998 (16,998) -
dividend distributions (237,119) (237,119)
balance to retained profit 85,847 (85,847) -
Carryforward and adjustment to reserve for
the purchase of own shares (599,293) 599,293 -
Valuation of stock option plans 17,241 17,241
Total comprehensive income for the period (4,468) 441,959 437,491
Balances at 31 December 2010 6,377,263 1,540,885 716,458 543,447 656,553 2,884,134 (2,028) 112,513 89,829 (656,553) 441,959 12,704,460
Demerger to Fiat Industrial S.p.A effective
1 January 2011 (1,913,179) (462,266) (214,937) (1,159,964) (3,750,346)
Balances at 1 January 2011 post Demerger 4,464,084 1,078,619 501,521 543,447 656,553 1,724,170 (2,028) 112,513 89,829 (656,553) 441,959 8,954,114
Recognition of Fiat Industrial S.p.A. shares allotted
to Fiat S.p.A. in relation to own shares held (20,554) 367,670 347,116
Corresponding reduction of Reserve for own shares (367,670) 367,670 -
Provisions related to obligation to service portion
of stock option and stock grant plans through
delivery of Fiat Industrial shares (Provisions for
stock option and stock grant plans) (100,217) (64,035) (164,252)
Allocation of prior year profit:
to the Legal reserve 22,098 (22,098) -
distribution of dividends to shareholders (151,651) (151,651)
balance to retained profit 268,210 (268,210) -
Carryforward of reserve for the purchase of own shares 367,670 (367,670) -
Effect of exercise of stock options under
the November 2006 stock option plan 1,516 3,626 1,473 (1,473) 5,142
Valuation of stock option/stock grant plans 5,286 5,286
Total comprehensive income for the period (41,677) 99,166 57,489
Balances at 31 December 2011 4,465,600 1,082,245 523,619 911,117 288,883 1,873,082 (43,705) 52,291 89,829 (288,883) 99,166 9,053,244
(1) At 31 December 2011, own shares consisted of 38,568,458 ordinary shares having a total par value of €134,990 thousand. Number of shares unchanged over 31 December 2010 and
31 December 2009. Par value reduced from €192,842 thousand to €134,990 thousand due to a decrease in par value per share from €5.00 to €3.50 following the Demerger
(2) Other reserves includes the reserve pursuant to Law 413/1991, the extraordinary reserve and the reserve for spin-off differences