Chrysler 2012 Annual Report Download - page 274

273
Fiat S.p.A. - Statutory
Financial Statements
at 31 December 2012
Land and buildings includes land valued at €610 thousand (unchanged over the prior year), while buildings mainly consists of the Company’s headquarters
at 250 Via Nizza, Turin.
Plant and equipment primarily related to general fixtures and fittings for buildings.
Other tangible assets comprised cars, office furniture and fixtures.
At 31 December 2012, there were no assets under development or contractual commitments to purchase items of property, plant and equipment of a
significant amount.
No buildings were subject to liens, pledged as collateral or restricted in use.
Depreciation of property, plant and equipment is recognized in the income statement under other operating costs (Note 6).
During 2011, changes in Property, plant and equipment were as follows:
(€ thousand)
31 December
2010 Increases Depreciation
(Decreases) and
Other changes
31 December
2011
Land and buildings
- Gross carrying amount 46,082 758 - 686 47,526
- Accumulated depreciation (18,229) - (1,381) - (19,610)
- Net carrying amount 27,853 758 (1,381) 686 27,916
Plant and machinery
- Gross carrying amount 10,475 569 - - 11,044
- Accumulated depreciation (10,105) - (73) - (10,178)
- Net carrying amount 370 569 (73) - 866
Other tangible assets
- Gross carrying amount 5,165 255 - (43) 5,377
- Accumulated depreciation (2,688) - (334) 43 (2,979)
- Net carrying amount 2,477 255 (334) - 2,398
Assets under development and advances 686 - - (686) -
Total property, plant and equipment
- Gross carrying amount 62,408 1,582 - (43) 63,947
- Accumulated depreciation (31,022) - (1,788) 43 (32,767)
- Net carrying amount 31,386 1,582 (1,788) - 31,180
11. Investments
At 31 December 2012, investments totaled €11,765,015 thousand and underwent the following changes during the year:
(€ thousand)
31 December
2011 Increases Decreases
Reclassification
and other changes
Impairment (losses)/
reversals
and Fair value
adjustments
31 December
2012
Investments in subsidiaries 11,725,979 574,848 - - (927,612) 11,373,215
Investments in associates 131,785 - - - (35,266) 96,519
Investments in other companies 265,155 4 (26,500) - 56,622 295,281
Total investments 12,122,919 574,852 (26,500) - (906,256) 11,765,015