Chrysler 2013 Annual Report Download - page 343

342 Reports of the
Independent Auditors
To the Shareholders of Fiat S.p.A.
1. We have audited the financial statements of Fiat S.p.A. 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 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 financial statements of the prior year and the statement of financial position at
January 1, 2012, derived from the 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 financial statements of Fiat S.p.A. 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 Fiat S.p.A. for the year then ended.
Statutory Financial Statements at December 31, 2013
Independent Auditors’ Report
pursuant to Articles 14 and 16 of Legislative Decree n. 39 dated January 27, 2010