Chrysler 2013 Annual Report Download - page 287

286 Fiat S.p.A.
Statutory Financial
Statements
at 31 December 2013
Notes
Composition and principal changes
1. Dividends and other income from investments
Following is a breakdown of dividends and other income from investments:
(€ thousand) 2013 2012
Dividends from Group companies and related parties:
-Fiat Gestione Partecipazioni S.p.A. (now Fiat Partecipazioni S.p.A.) 500,000 1,000,000
- Fiat Finance S.p.A. 23,227 24,025
- Teksid S.p.A. 5,257 -
- Fiat Industrial S.p.A. (now CNH Industrial N.V.) 7,697 6,330
Total dividends from Group companies and related parties 536,181 1,030,355
Dividends from other companies 140 140
Total Dividends and other income from investments 536,321 1,030,495
As for the prior year, dividends from other companies consisted of dividends from Fin. Priv. S.r.l. (€103 thousand) and Assicurazioni
Generali S.p.A. (€37 thousand).
2. Impairment (losses)/reversals on investments
Following is a breakdown of impairment losses and reversals on investments:
(€ thousand) 2013 2012
Impairment losses:
-Fiat Gestione Partecipazioni S.p.A. (now Fiat Partecipazioni S.p.A.) (465,300) (933,700)
- RCS MediaGroup S.p.A. (74,000) (35,266)
- Teksid Aluminum S.r.l. (17,100) (15,000)
Total Impairment losses (556,400) (983,966)
Reversal of impairment losses:
- Fiat Partecipazioni S.p.A. (now FGA Real Estate Services S.p.A.) 16,000 -
- Fiat Powertrain Technologies S.p.A. -21,088
Total Value of reversals 16,000 21,088
Total Impairment (losses)/reversals on investments (540,400) (962,878)
An impairment charge of €465 million was recognized on the investment in Fiat Gestione Partecipazioni S.p.A. (now Fiat Partecipazioni S.p.A.)
to realign the carrying amount of the investment to the book value of equity in the consolidated financial statements following a distribution of
reserves to Fiat S.p.A. (see Note 1).