Chrysler 2011 Annual Report Download - page 271

270 Fiat S.p.A.
Statutory
Financial
Statements
at 31 December
2011
Statement of Cash Flows
pursuant to Consob Resolution 15519 of 27 July 2006
Statement of
Cash Flows
pursuant to
Consob
Resolution 15519
of 27 July 2006
(€ thousand) 2011
of which
related parties 2010
of which
related parties
A) CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 240 474
B) CASH FROM/(USED IN) OPERATING ACTIVITIES DURING THE YEAR:
Profit/(loss) 99,166 441,959
Amortization and depreciation 1,920 1,714
Non-cash cost of stock option plans and other non-cash items 19,693 12,014 17,241 17,241
Impairment losses/(reversals) on investments (157,456) (157,456) (155,700) (155,700)
Fair value adjustment to equity swaps on Fiat and Fiat Industrial shares 109,920 109,920 (107,070) (107,070)
Losses/(gains) on disposals (14,703) (14,703) (33)
Change in provisions for employee benefits and other provisions 2,311 (5,859) (4,559) (9,980)
Change in deferred taxes 1,145 7,000
Change in working capital 23,701 43,629 (137,315) (22,610)
TOTAL 85,687 63,237
C) CASH FROM/(USED IN) INVESTING ACTIVITIES:
Investments relating to:
Incorporation and capitalization of subsidiaries (220,000) (220,000) (2,258,853) (2,258,853)
Acquisitions (122,399) -
Reductions in investments relating to:
Proceeds from disposals 76,947 76,947 36 36
Other (investments)/disposals, net (3,271) (130) 3,706
TOTAL (268,723) (2,255,111)
D) CASH FROM/(USED IN) FINANCING ACTIVITIES:
Change in current financial assets (153,231) (153,231) 197,418 197,418
Proceeds from non-current debt and other changes -2,194,660 2,194,660
Repayment of non-current debt (400,000) (400,000) (400,000) (400,000)
Change in current debt 883,270 883,270 436,681 472,386
Increase in share capital 5,142 -
Purchases of own shares --
Sales of own shares --
Dividends paid (151,651) (40,300) (237,119) (66,935)
TOTAL 183,530 2,191,640
E) NET CHANGE IN CASH AND CASH EQUIVALENTS 504 (234)
F) CASH AND CASH EQUIVALENTS AT END OF YEAR 744 240