Chrysler 2012 Annual Report Download - page 313

312
Consolidated Financial Statements
at December 31, 2012
Independent Auditors’ Report pursuant to
Articles 14 and 16 of Legislative Decree n. 39
dated January 27, 2010
To the Shareholders of Fiat S.p.A.
1. We have audited the consolidated financial statements of Fiat S.p.A. and its subsidiaries, (the “Fiat Group”) as of and for the year
ended December 31, 2012, comprising the income statement, the statement of comprehensive income, the statement of financial
position, the statement of cash flows, the statement of changes in equity and the related explanatory notes. The preparation of these
financial statements in compliance with International Financial Reporting Standards as adopted by the European Union and with art.
9 of Legislative Decree n. 38/2005 is the responsibility of Fiat S.p.A.’s management. Our responsibility is to express an opinion on
these financial statements based on our audit.
2. Our audit was performed in accordance with auditing standards recommended by CONSOB (the Italian Stock Exchange Regulatory
Agency). In accordance with such standards, we planned and performed our audit to obtain the information necessary to determine
whether the consolidated financial statements are materially misstated and if such financial statements, taken as a whole, may
be relied upon. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements, as well as assessing the appropriateness and correct application of the accounting principles and the reasonableness
of the estimates made by management. We believe that our audit provides a reasonable basis for our opinion.
For the opinion on the consolidated financial statements of the prior year, which are presented for comparative purposes, reference
should be made to the report issued by other auditors dated February 27, 2012.
3. In our opinion, the consolidated financial statements of the Fiat Group at December 31, 2012 have been prepared in accordance
with International Financial Reporting Standards as adopted by the European Union and with art. 9 of Legislative Decree n. 38/2005;
accordingly, they present clearly and give a true and fair view of the financial position, the results of operations and the cash flows of
the Fiat Group for the year then ended.
Reports of the
Independent
Auditors