Chrysler 2012 Annual Report Download - page 319

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Report of the Board of Statutory Auditors
on the Consolidated Financial Statements
Reports of
the Board of
Statutory
Auditors
Shareholders,
The Fiat S.p.A. 2012 consolidated financial statements presented to you report a net profit of €1,411 million, of which €1,063 million
is attributable to non-controlling interests. The financial statements were provided to us by the statutory deadline, together with the
report on operations, and have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by
the European Union, and Italian regulations issued pursuant to Article 9 of Legislative Decree 38/2005.
The audit conducted by Reconta Ernst & Young S.p.A., the independent auditors, led to their opinion that:
“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.”
The audit report also stated that:
“In our opinion, the Report on Operations and the information presented in compliance with art. 123-bis of Legislative Decree n.
58/1998 paragraph 1, letters c), d), f), l), m) and paragraph 2, letter b) in the Annual Report on Corporate Governance, are consistent
with the consolidated financial statements of the Fiat Group as of December 31, 2012.”
In application of Article 41 (3) of Legislative Decree 127/1991, the Board of Statutory Auditors did not review that information or the
consolidated financial statements, except as specified below.
Determination of the scope of consolidation, and the methods and procedures applied for consolidation of investees conform to the
requirements of IFRS. The structure of the consolidated financial statements can therefore be considered technically correct and
consistent overall with those standards.
The report on operations adequately represents the operating and financial performance of the Group for 2012, as well as events
occurring subsequent to year end relevant to the consolidated group. Based on the examination conducted, we found the report to be
consistent with the consolidated financial statements.
Turin, 26 February 2013
The Statutory Auditors
Ignazio Carbone /s/ Ignazio Carbone
Lionello Jona Celesia /s/ Lionello Jona Celesia
Piero Locatelli /s/ Piero Locatelli