|
Cash flows from operating activities: | | | |
| Net profit from continuing operations | 1,814 | 93 | 359 |
| Amortization and depreciation | 5,956 | 5,414 | 4,607 |
| Net losses on disposal of tangible and intangible assets | 13 | 18 | 8 |
| Net gains on disposal of investments | (13) | --- | (9) |
| Other non-cash items | 111 | 812 | 348 |
| Dividends received | 123 | 112 | 87 |
| Change in provisions | 1,519 | 3,206 | 1,169 |
| Change in deferred taxes | 389 | (279) | (179) |
| Change due to assets sold with buy-back commitments and GDP vehicles | (95) | 6 | 177 |
| Change in inventories | (471) | (958) | (821) |
| Change in trade receivables | 177 | (191) | 106 |
| Change in trade payables | 776 | 1,571 | 1,470 |
| Change in other payables and receivables | 295 | (580) | 24 |
| Cash flows from operating activities - discontinued operations | --- | 527 | 823 |
|
Total |
10,594 |
9,751 |
8,169 |
|
Cash flows used in investing activities: | | | |
| Investments in property, plant and equipment and intangible assets | (8,815) | (8,819) | (7,804) |
| Investments in joint ventures, associates and unconsolidated subsidiaries | (116) | (266) | (17) |
| Proceeds from the sale of tangible and intangible assets | 36 | 29 | 38 |
| Proceeds from disposal of other investments | 55 | --- | 38 |
| Net change in receivables from financing activities | (483) | 410 | 78 |
| Change in securities | 299 | (239) | 40 |
| Other changes | (15) | 11 | 19 |
| Cash flows used in investing activities - discontinued operations | --- | (426) | (532) |
|
Total |
(9,039) |
(9,300) |
(8,140) |
|
Cash flows (used in)/from financing activities: | | | |
| Issuance of notes | 1,250 | 2,840 | 4,629 |
| Repayment of notes | (2,373) | (7,241) | (2,150) |
| Proceeds of other long-term debt | 1,342 | 3,061 | 4,873 |
| Repayment of other long-term debt | (4,618) | (4,412) | (5,834) |
| Net change in short-term debt and other financial assets/liabilities | (591) | (36) | 496 |
| Net proceeds from initial public offering of 10 percent of Ferrari N.V. | --- | 866 | --- |
| Issuance of Mandatory Convertible Securities and other share issuances | --- | --- | 3,094 |
| Cash Exit Rights following the merger of Fiat into FCA | --- | --- | (417) |
| Exercise of stock options | --- | --- | 146 |
| Distributions paid | (18) | (283) | --- |
| Acquisition of non-controlling interests | --- | --- | (2,691) |
| Other changes | (119) | 10 | (45) |
| Cash flows from financing activities - discontinued operations | --- | 2,067 | 36 |
|
Total |
(5,127) |
(3,128) |
2,137 |
| Translation exchange differences | 228 | 681 | 1,219 |
|
Total change in Cash and cash equivalents |
(3,344) |
(1,996) |
3,385 |
| Cash and cash equivalents at beginning of the period | 20,662 | 22,840 | 19,455 |
| Cash and cash equivalents at end of the period - included within Assets held for distribution | --- | 182 | --- |
|
Cash and cash equivalents at end of the period |
17,318 |
20,662 |
22,840 |