Chrysler 2013 Annual Report Download - page 318

317
Fiat S.p.A. Statutory
Financial Statements
at 31 December 2013
Transfer of receivables
At 31 December 2013, the carrying amount of transferred receivables and related liabilities was as follows:
(€ thousand)
Current taxes
receivable
Total at
31 December 2013
Total at
31 December 2012
Carrying amount of receivables 27,082 27,082 28,311
Carrying amount of the related liabilities 24,686 24,686 27,300
At 31 December 2013, the Company also had VAT receivables of €61,000 thousand that had been sold on a non-recourse basis and were
therefore derecognized (€47,000 thousand at 31 December 2012).
25. Other debt
At 31 December 2013, other debt amounted to €214,351 thousand, a net decrease of €150,109 thousand over 31 December 2012, broken
down as follows:
(€ thousand) 31 December 2013 31 December 2012 Change
Advances 864 700 164
Other debt:
- Debt payable to Group companies and other related parties
- Consolidated VAT 92,098 211,221 (119,123)
- Consolidated IRES 106,996 137,891 (30,895)
- Other debt payable to Group companies and other related parties -6 (6)
- Total debt payable to Group companies and other related parties 199,094 349,118 (150,024)
- Social security payables 2,130 2,128 2
- Current amounts payable to employees, directors and statutory auditors 4,524 7,439 (2,915)
- Dividends payable 318 373 (55)
- Other 684 667 17
Total other debt 206,750 359,725 (152,975)
Taxes payable:
- VAT payable 2,668 1,588 1,080
- Taxes withheld on payments to employees and independent contractors 1,756 1,972 (216)
- Other 428 428 -
Total taxes payable 4,852 3,988 864
Accrued expenses and deferred income 1,885 47 1,838
Total other debt 214,351 364,460 (150,109)