Chrysler 2013 Annual Report Download - page 341

340 Reports of the
Independent Auditors
To the Shareholders of Fiat S.p.A.
1. We have audited the consolidated financial statements of Fiat S.p.A. and its subsidiaries (the “Fiat Group”) as of and for the year
ended December 31, 2013, comprising the income statement, the statement of comprehensive income, the statement of financial
position, the statement of cash flows, the statement of changes in equity and the related explanatory notes. The preparation of these
financial statements in compliance with International Financial Reporting Standards as adopted by the European Union and with art. 9
of Legislative Decree n. 38/2005 is the responsibility of Fiat S.p.A.’s management. Our responsibility is to express an opinion on these
financial statements based on our audit.
2. Our audit was performed in accordance with auditing standards recommended by CONSOB (the Italian Stock Exchange Regulatory
Agency). In accordance with such standards, we planned and performed our audit to obtain the information necessary to determine whether
the consolidated financial statements are materially misstated and if such financial statements, taken as a whole, may be relied upon. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, as well as assessing
the appropriateness and correct application of the accounting principles and the reasonableness of the estimates made by management.
We believe that our audit provides a reasonable basis for our opinion.
With respect to the comparative data related to the consolidated financial statements of the prior year and the statement of financial position
at January 1, 2012, derived from the consolidated financial statements at December 31, 2011, all restated as a result of the retrospective
application of the amendment to IAS 19, as described in the related explanatory notes, reference should be made, respectively, to our report
issued on February 25, 2013 and to the report of other auditors issued on February 27, 2012. We have examined the methods used to
restate the comparative financial data and the information presented in the explanatory notes in this respect for the purposes of issuing this
opinion.
3. In our opinion, the consolidated financial statements of the Fiat Group at December 31, 2013 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.
Consolidated Financial Statements at December 31, 2013
Independent Auditors’ Report
pursuant to Articles 14 and 16 of Legislative Decree n. 39 dated January 27, 2010