Chrysler 2012 Annual Report Download - page 303

Notes
302 Fiat S.p.A.
Statutory
Financial
Statements
at 31 December
2012
31 December 2011
Counterparty
(€ thousand)
Other
fin.
assets
Trade
recs.
Current
financial
receivables
Other
current
recs.
Non-
current
employee
provisions
Non-
current
debt
Other non-
current
liabilities
Trade
pays.
Current
debt
Other
debt
Fiat Group Automobiles S.p.A. - 582 - - - - - 229 - 19
Fiat Finance S.p.A. - - 374,806 86 - 2,150,000 - 30 1,050,746 115
Fiat Group Marketing & C.C. S.p.A. - - - - - - - 950 - -
Fiat-Revisione Interna S.c.p.A. - - - - - - - - - 1,889
Fiat Servizi per l’Industria S.c.p.A. - - - - - - - 555 - -
Fiat I.T.E.M. S.p.A. - - - - - - - 222 - -
Fiat Partecipazioni S.p.A. - - - - - - - 1,158 - -
Leasys S.p.A. - - - 65 - - - 134 - -
Sirio S.c.p.A. - - - - - - - 842 - -
Other Group companies - 156 - 49 - - - 526 - 16
IRES tax consolidation - - - 166,448 - - - - - 158,271
VAT consolidation - - - - - - - - - 153,027
Financial guarantees 12,892 - - - - 12,892 - - - -
Total Group companies 12,892 738 374,806 166,648 - 2,162,892 - 4,646 1,050,746 313,337
Other related parties - 1,681 - 1,479 123,341 - 2,994 603 - 5,471
Total Group companies
and other related parties 12,892 2,419 374,806 168,127 123,341 2,162,892 2,994 5,249 1,050,746 318,808
Total 12,966 4,863 374,806 277,354 137,364 2,162,892 18,214 19,398 1,075,432 332,596
% of total line item 99% 50% 100% 61% 90% 100% 16% 27% 98% 96%
Items arising from the domestic tax consolidation (see Notes 16 and 25) and the consolidated VAT settlement (see Note 25) are not reported in the above
tables, as they do not represent actual commercial transactions between Group companies but relate only to the financial treatment provided under the
Italian tax code for relationships between Italian Group companies and the tax authorities. Similarly, balances relating to financial guarantees (offsetting
assets and liabilities) are not broken down by counterparty, as they only represent the present value of estimated fees to be earned in future years and are
considered not material (see Notes 12 and 20).
Details of the most significant transactions between Fiat S.p.A. and Group companies summarized in the above tables are as follows:
services provided by Fiat S.p.A. and management personnel at various Group companies (to Fiat Group Automobiles S.p.A., Magneti Marelli S.p.A.,
Ferrari S.p.A., Maserati S.p.A., Teksid S.p.A., Comau S.p.A., Fiat Services S.p.A. and other minor companies)
lease of property or office space (to Fiat Finance S.p.A., Fiat Group Marketing & Corporate Communication S.p.A., Fiat Partecipazioni S.p.A., Fiat I.T.E.M. S.p.A.
and other minor companies) and the recovery of directors’ fees and expenses
provision of sureties and other guarantees (see Note 26) on issues of bonds and Billets de Trésorerie (Fiat Finance and Trade Ltd. S.A. and Fiat Finance
North America Inc.), bank loans and credit facilities (Fiat Finance S.p.A., Fiat Automoveis S.A.- FIASA, Fiat Finance and Trade Ltd. S.A., Fiat Finance
North America Inc. and other minor subsidiaries), property rental payments (Fiat Group Automobiles S.p.A. and its subsidiaries) and to tax authorities for
Group company VAT credits
management of current accounts, obtaining short- and long-term loans and management of derivative financial instruments (Fiat Finance S.p.A.)
purchases of administrative, tax, corporate assistance and consultancy services and related IT systems (Fiat Services S.p.A. and Fiat I.T.E.M. S.p.A.),
public relations services (Fiat Group Marketing & Corporate Communication S.p.A.), personnel and other management services (Fiat Servizi per l’Industria
S.c.p.A.), security services (Orione S.c.p.A. and Sirio S.c.p.A.), supervisory and internal audit services (Fiat China Business Co. Ltd., Fiat do Brasil S.A.,
Fiat Services Polska Sp. z o.o., Fiat Finance et Service S.A.), vehicle leases (Leasys S.p.A.), management and maintenance services and office space
(Fiat Partecipazioni S.p.A.)and expense recoveries