Chrysler 2013 Annual Report Download - page 296

295
Fiat S.p.A. Statutory
Financial Statements
at 31 December 2013
10. Property, plant and equipment
At 31 December 2013, property, plant and equipment totaled €29,778 thousand and was subject to the following changes during the year:
(€ thousand)
31 December
2012 Increases Depreciation
(Decreases) and
Other changes
31 December
2013
Land and buildings
- Gross carrying amount 47,514 30 - - 47,544
- Accumulated depreciation (21,020) - (1,410) - (22,430)
- Net carrying amount 26,494 30 (1,410) - 25,114
Plant and machinery
- Gross carrying amount 12,019 386 - - 12,405
- Accumulated depreciation (10,326) - (216) - (10,542)
- Net carrying amount 1,693 386 (216) - 1,863
Other tangible assets
- Gross carrying amount 5,170 254 - (247) 5,177
- Accumulated depreciation (3,053) - (268) 228 (3,093)
- Net carrying amount 2,117 254 (268) (19) 2,084
Assets in progress and advances - 717 - - 717
Total property, plant and equipment
- Gross carrying amount 64,703 1,387 - (247) 65,843
- Accumulated depreciation (34,399) - (1,894) 228 (36,065)
- Net carrying amount 30,304 1,387 (1,894) (19) 29,778
Land and buildings includes land valued at €610 thousand (unchanged over the prior year), while buildings mainly consists of the Company’s
headquarters at Via Nizza 250, Turin.
Plant and equipment primarily related to general fixtures and fittings for buildings.
Other tangible assets comprised cars, office furniture and fixtures.
Assets in progress and advances related to costs incurred in 2013 for refurbishments to the company premises (structure and physical plant)
at Via Nizza 250 (Turin), which were not complete at the balance sheet date.
At 31 December 2013, there were no contractual commitments of a material amount for purchases of property, plant and equipment or for
assets in progress.
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).