Chrysler 2012 Annual Report Download - page 125

124 Consolidated
Financial
Statements
at 31 December
2012
Statement of
Cash Flows
Consolidated Statement of Cash Flows (*)
(€ million) Note 2012 2011 (**)
A) CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR (22) 17,526 11,967
B) CASH FLOWS FROM/(USED IN) OPERATING ACTIVITIES DURING THE YEAR:
Profit/(loss) for the period 1,411 1,651
Amortisation and depreciation 4,134 3,358
(Gains)/losses on disposal of:
Property, plant and equipment and intangible assets 14 21
Investments 91 (21)
Other non-cash items (31) 47 (1,106)
Dividends received 89 105
Change in provisions 77 (116)
Change in deferred taxes (72) (19)
Change in items due to buy-back commitments (31) (51) (62)
Change in operating lease items (31) (10) (28)
Change in working capital 714 1,412
TOTAL 6,444 5,195
C) CASH FLOWS FROM/(USED IN) INVESTING ACTIVITIES:
Investments in:
Property, plant and equipment and intangible assets (31) (7,534) (5,528)
Investments in consolidated subsidiaries -(22)
Other investments (24) (120)
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 118 324
Investments in consolidated subsidiaries -29
Other investments 21 96
Net change in receivables from financing activities (24) (1,218)
Change in current securities (64) (14)
Other changes (30) (29)
TOTAL (7,537) (858)
D) CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES:
New issuance of bonds 2,535 2,500
Repayment of bonds (1,450) (2,448)
Issuance of other medium-term borrowings 1,925 2,149
Repayment of other medium-term borrowings (1,528) (3,895)
Changes in net financial receivables from Fiat Industrial group -2,761
Net change in other financial payables and other financial assets/liabilities 197 143
Increase in share capital 22 41
Dividends paid (58) (181)
(Purchase)/sale of ownership interests in subsidiaries (31) -(438)
TOTAL 1,643 632
Translation exchange differences (419) 590
E) TOTAL CHANGE IN CASH AND CASH EQUIVALENTS 131 5,559
F) CASH AND CASH EQUIVALENTS AT END OF THE YEAR (22) 17,657 17,526
of which: Cash and cash equivalents included as Assets held for sale - -
G) CASH AND CASH EQUIVALENTS AT END OF THE YEAR AS REPORTED (22) 17,657 17,526
(*) Pursuant to Consob Resolution 15519 of 27 July 2006, the effects of related party transactions on the consolidated statement of cash flows are presented in the specific Statement of
Cash Flows schedule provided in the following pages.
(**) Cash flows for 2011 include the consolidation of Chrysler from 1 June 2011.