Chrysler 2013 Annual Report Download - page 312

311
Fiat S.p.A. Statutory
Financial Statements
at 31 December 2013
Changes in the Retention LTI were as follows:
2013 2012
No. of
Fiat S.p.A.
shares
Average fair value
at grant date
(€)
No. of
Fiat S.p.A.
shares
Average fair value
at grant date
(€)
Outstanding shares unvested at beginning of year 7,000,000 4.205 - -
Granted - - 7,000,000 4.205
Forfeited - - - -
Vested 2,333,333 4.205 - -
Outstanding shares unvested at end of year 4,666,667 4.205 7,000,000 4.205
In 2013, a nominal cost of €6 million was recognized in relation to this plan.
Availability for use of main components of equity
(€ thousand) 31 December 2013 Possible use Amount available
Share capital 4,477,462 - -
Reserves:
- Share premium reserve 1,073,766 A, B, C(*) 1,073,766
- Legal reserve 528,577 B -
- Reserve available for the purchase of own shares 941,042 A, B, C 941,042
- Reserve for own shares 258,958 - -
- Retained profit 1,763,783 A, B, C 1,763,783
- Reserve under law 413/1991 22,591 A, B, C 22,591
- Extraordinary reserve 28,044 A, B, C 28,044
- Reserve for Spin-off difference 39,194 A, B, C 39,194
Key:
A: capital increase
B: coverage of losses
C: dividend
(*) Fully available to increase capital and cover losses. Any other use requires increase of the legal reserve to 20% of share capital (including through transfer from the share
premium reserve). At 31 December 2013, the required increase would have been €366,915 thousand.