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6-k Cover page Supplemental Info


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2016
Commission File No. 001-36675
 
Fiat Chrysler Automobiles N.V.
(Translation of Registrant’s Name Into English)
 
25 St. James' Street
London SW1A 1HA
United Kingdom
Tel. No.: +44 (0) 20 7766 0311
(Address of Principal Executive Offices)
 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F þ Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)
(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)
(7): ¨

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

 






The following exhibits are furnished herewith:

Exhibit 99.1
Supplemental Information for the year ended December 31, 2015
Exhibit 99.2
Supplemental Information for the year ended December 31, 2015



    
    
    







SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: February 29, 2016
 
 
 FIAT CHRYSLER AUTOMOBILES N.V.
 
 
 
 
 
 
 
 
By: /s/ Richard K. Palmer
 
 
 
 
 
 
 
 
Name: Richard K. Palmer
 
 
 
Title: Chief Financial Officer


                                                                                           
                            
                                    





Index of Exhibits

Exhibit Number
Description of Exhibit
Exhibit 99.1
Supplemental Information for the year ended December 31, 2015
Exhibit 99.2
Supplemental Information for the year ended December 31, 2015



20151231 Additional Information Financial Data by Activity


Exhibit 99.1
Income Statement by activity
Unaudited
 
 
For the Year Ended
December 31, 2015
 
 
For the Year Ended
December 31, 2014
 
(€ million)
 
Group
 
Industrial activities
 
Financial services
 
Group
 
Industrial activities
 
Financial services
Net revenues
 
110,595

 
110,366

 
318

 
93,640

 
93,373

 
371

Cost of sales
 
97,620

 
97,484

 
225

 
81,592

 
81,412

 
284

Selling, general and administrative costs
 
7,728

 
7,695

 
33

 
6,947

 
6,917

 
30

Research and development costs
 
2,864

 
2,864

 
—

 
2,334

 
2,334

 
—

Result from investments
 
143

 
18

 
125

 
131

 
40

 
91

Gains on the disposal of investments
 
—

 
—

 
—

 
12

 
4

 
8

Restructuring costs
 
53

 
53

 
—

 
50

 
50

 
—

Other income/(expenses)
 
152

 
151

 
1

 
(26
)
 
(30
)
 
4

EBIT
 
2,625

 
2,439

 
186

 
2,834

 
2,674

 
160

Net financial expenses
 
2,366

 
2,366

 
—

 
2,051

 
2,051

 
—

Profit before taxes
 
259

 
73

 
186

 
783

 
623

 
160

Tax expense
 
166

 
147

 
19

 
424

 
397

 
27

Profit/(loss) from continuing operations
 
93

 
(74
)
 
167

 
359

 
226

 
133

Result from intersegment investments
 
—

 
167

 
—

 
—

 
133

 
—

Profit from discontinued operations, net of tax
 
284

 
284

 
21

 
273

 
273

 
6

Net profit
 
377

 
377

 
188

 
632

 
632

 
139

 
 
 
 
 
 
 
 
 
 
 
 
 
Adjusted EBIT
 
4,794

 
4,608

 
186

 
3,362

 
3,210

 
152

Adjusted EBIT - discontinued operations
 
473

 
446

 
27

 
404

 
395

 
9

Total Adjusted EBIT
 
5,267

 
5,054

 
213

 
3,766

 
3,605

 
161






Statement of Financial Position by activity
Unaudited
 
 
At December 31, 2015
 
 
At December 31, 2014
 
(€ million)
 
Group
 
Industrial activities
 
Financial services
 
Group
 
Industrial activities
 
Financial services
Intangible assets:
 
24,736

 
24,733

 
3

 
22,847

 
22,840

 
7

Goodwill and intangible assets with indefinite useful lives
 
14,790

 
14,790

 
—

 
14,012

 
14,010

 
2

Other intangible assets
 
9,946

 
9,943

 
3

 
8,835

 
8,830

 
5

Property, plant and equipment
 
27,454

 
27,452

 
2

 
26,408

 
26,406

 
2

Investments and other financial assets
 
2,242

 
2,621

 
1,009

 
2,020

 
2,452

 
931

Deferred tax assets
 
3,343

 
3,292

 
51

 
3,547

 
3,482

 
65

Other assets
 
176

 
176

 
—

 
114

 
114

 
—

Total Non-current assets
 
57,951

 
58,274

 
1,065

 
54,936

 
55,294

 
1,005

Inventories
 
11,351

 
11,351

 
—

 
10,449

 
10,442

 
7

Assets sold with a buy-back commitment
 
1,881

 
1,881

 
—

 
2,018

 
2,018

 
—

Trade receivables
 
2,668

 
2,669

 
17

 
2,564

 
2,566

 
17

Receivables from financing activities
 
2,006

 
769

 
1,998

 
3,843

 
1,746

 
3,834

Current tax receivables
 
405

 
400

 
5

 
328

 
326

 
8

Other current assets
 
3,078

 
3,059

 
20

 
2,761

 
2,732

 
32

Current financial assets
 
1,383

 
1,342

 
42

 
761

 
732

 
31

Current investments
 
48

 
48

 
—

 
36

 
36

 
—

Current securities
 
482

 
457

 
25

 
210

 
180

 
30

Other financial assets
 
853

 
837

 
17

 
515

 
516

 
1

Cash and cash equivalents
 
20,662

 
20,528

 
134

 
22,840

 
22,627

 
213

Total Current assets
 
43,434

 
41,999

 
2,216

 
45,564

 
43,189

 
4,142

Assets held for sale
 
5

 
5

 
—

 
10

 
6

 
4

Assets held for distribution
 
3,650

 
3,365

 
1,258

 
0

 
—

 
—

TOTAL ASSETS
 
105,040

 
103,643

 
4,539

 
100,510

 
98,489

 
5,151

Equity and Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
Equity
 
16,255

 
16,255

 
1,462

 
13,738

 
13,738

 
1,367

Provisions
 
23,856

 
23,846

 
10

 
20,372

 
20,350

 
22

Employee benefits
 
10,064

 
10,062

 
2

 
9,592

 
9,579

 
13

Other provisions
 
13,792

 
13,784

 
8

 
10,780

 
10,771

 
9

Deferred tax liabilities
 
156

 
156

 
—

 
233

 
225

 
8

Debt
 
27,786

 
26,834

 
1,768

 
33,724

 
31,885

 
3,576

Other financial liabilities
 
736

 
736

 
3

 
748

 
745

 
5

Other current liabilities
 
10,930

 
10,838

 
96

 
11,495

 
11,376

 
122

Current tax payables
 
272

 
266

 
14

 
346

 
335

 
17

Trade payables
 
21,465

 
21,472

 
3

 
19,854

 
19,835

 
34

Liabilities held for distribution
 
3,584

 
3,240

 
1,183

 
—

 
—

 
—

TOTAL EQUITY AND LIABILITIES
 
105,040

 
103,643

 
4,539

 
100,510

 
98,489

 
5,151





Statements of Cash Flows by activity
Unaudited


 
For the Year Ended
December 31, 2015
 
 
For the Year Ended
December 31, 2014
 
(€ million)
 
Group
 
Industrial activities
 
Financial services
 
Group
 
Industrial activities
 
Financial services
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD
 
22,840

 
22,627

 
213

 
19,455

 
19,255

 
200

CASH FLOWS FROM OPERATING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
 
Net profit
 
93

 
93

 
167

 
359

 
359

 
133

Amortization and depreciation
 
5,414

 
5,413

 
1

 
4,607

 
4,606

 
1

Net losses/(gains) on disposal of non-current assets and other non-cash items
 
830

 
769

 
(106
)
 
347

 
245

 
(31
)
Dividends received
 
112

 
126

 
—

 
87

 
92

 
—

Change in provisions
 
3,206

 
3,206

 
—

 
1,169

 
1,169

 
—

Change in deferred taxes
 
(279
)
 
(278
)
 
(1
)
 
(179
)
 
(186
)
 
7

Change in items due to buy-back commitments
 
6

 
6

 
—

 
177

 
177

 
—

Change in working capital
 
(158
)
 
(127
)
 
(31
)
 
779

 
758

 
21

Cash flows from operating activities - discontinued operations1
 
527

 
495

 
32

 
823

 
797

 
26

TOTAL
 
9,751

 
9,703

 
62

 
8,169

 
8,017

 
157

CASH FLOWS FROM/(USED IN) INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
 
Investments in property, plant and equipment and intangible assets
 
(8,819
)
 
(8,816
)
 
(3
)
 
(7,804
)
 
(7,803
)
 
(1
)
Acquisitions and capital increases in joint ventures, associates and unconsolidated subsidiaries
 
(266
)
 
(268
)
 
—

 
(17
)
 
(17
)
 
—

Proceeds from the sale of non-current assets
 
29

 
28

 
1

 
76

 
68

 
8

Net change in receivables from financing activities
 
410

 
33

 
377

 
78

 
(36
)
 
114

Change in current securities
 
(256
)
 
(253
)
 
(3
)
 
43

 
45

 
(2
)
Other changes
 
28

 
26

 
2

 
16

 
(39
)
 
55

Cash flows used in investing activities - discontinued operations
 
(426
)
 
(372
)
 
(54
)
 
(532
)
 
(312
)
 
(220
)
TOTAL
 
(9,300
)
 
(9,622
)
 
320

 
(8,140
)
 
(8,094
)
 
(46
)
 
1Amortization and depreciation - discontinued operations
 
275

 
273

 
2

 
290

 
289

 
1







 
For the Year Ended
December 31, 2015
 
 
For the Year Ended
December 31, 2014
 
(€ million)
 
Group
 
Industrial activities
 
Financial services
 
Group
 
Industrial activities
 
Financial services
CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
 
 
 
Net change in debt and other financial assets/liabilities
 
(5,788
)
 
(5,353
)
 
(435
)
 
2,014

 
2,306

 
(292
)
Issuance of Mandatory Convertible Securities and other share issuances
 
—

 
—

 
—

 
3,094

 
3,094

 
—

Cash Exit Rights following the merger of Fiat into FCA
 
—

 
—

 
—

 
(417
)
 
(417
)
 
—

Exercise of stock options
 
—

 
—

 
—

 
146

 
146

 
—

Increase in share capital
 
10

 
10

 
2

 
—

 
—

 
—

Distributions paid
 
(283
)
 
(284
)
 
(13
)
 
—

 
—

 
(5
)
Distribution of certain tax obligations
 
—

 
—

 
—

 
(45
)
 
(45
)
 
—

Acquisition of non-controlling interests
 
866

 
866

 
—

 
(2,691
)
 
(2,691
)
 
—

Cash flows from/(used in) financing activities - Discontinued operations
 
2,067

 
2,046

 
21

 
36

 
(157
)
 
193

TOTAL
 
(3,128
)
 
(2,715
)
 
(425
)
 
2,137

 
2,236

 
(104
)
    Translation exchange differences
 
681

 
709

 
(28
)
 
1,219

 
1,213

 
6

TOTAL CHANGE IN CASH AND CASH EQUIVALENTS
 
(1,996
)
 
(1,925
)
 
(71
)
 
3,385

 
3,372

 
13

CASH AND CASH EQUIVALENTS AT END OF THE PERIOD
 
20,844

 
20,702

 
142

 
22,840

 
22,627

 
213

     Cash and cash equivalents at the end of the period - Discontinued operations
 
182

 
174

 
8

 
—

 
—

 
—

CASH AND CASH EQUIVALENTS AT END OF THE PERIOD WITHOUT DISCONTINUED OPERATIONS
 
20,662

 
20,528

 
134

 
22,840

 
22,627

 
213





debt2015q4
Q4 2015 Additional Information: Debt 1 Note: Numbers may not add due to rounding Sept. 30, ’15** FCA ex-FCA US Dec. 31, ’15*** Cons. Ind. Fin. Cons. Ind. Fin. 22.7 20.1 2.6 Gross Debt* 22.1 20.5 1.7 (0.2) (0.2) (0.0) Derivatives M-to-M, Net 0.0 0.0 (0.0) (8.8) (8.6) (0.2) Cash & Mktable Securities (10.8) (10.6) (0.2) 13.6 11.2 2.4 Net Debt 11.4 9.9 1.5 *Net of intersegment receivables **Including Ferrari ***Excluding Ferrari FCA ex-FCA US Net debt breakdown (€/B) - Unaudited Exhibit 99.2

 
Q4 2015 Additional Information: Debt 2 *Including Ferrari **Excluding Ferrari Note: Numbers may not add due to rounding Outstanding Sept. 30, ’15* Outstanding Dec. 31, ’15** 22.3 Cash Maturities 21.8 7.7 Bank Debt 7.4 13.8 Capital Market 13.6 0.9 Other Debt 0.8 0.2 Asset-backed financing 0.2 0.0 ABS / Securitization 0.0 0.0 Warehouse Facilities 0.0 0.2 Sale of Receivables 0.2 0.2 Accruals & Other Adjustments 0.1 22.7 Gross Debt 22.1 (8.8) Cash & Mktable Securities (10.8) (0.2) Derivatives (Assets)/Liabilities 0.0 13.6 Net Debt 11.4 3.3 Undrawn Committed Revolving Facilities 3.4 FCA ex-FCA US Gross debt breakdown(€/B) - Unaudited

 
Q4 2015 Additional Information: Debt 3 Note: Numbers may not add due to rounding Outstanding Sept. 30, ’15 Outstanding Dec. 31, ’15 8.3 Cash Maturities 5.7 4.8 Bank Debt 4.9 2.7 Capital Market 0.0 0.8 Other Debt 0.8 0.0 Asset-backed financing 0.0 0.0 ABS / Securitization 0.0 0.1 Accruals & Other Adjustments 0.0 8.4 Gross Debt 5.7 (11.6) Cash & Mktable Securities (10.4) (0.2) Derivatives (Assets)/Liabilities (0.1) (3.4) Net Cash (4.9) 1.2 Undrawn Committed Revolving Facilities* 0.0 FCA US Gross debt breakdown (€/B) - Unaudited *USD 1.3 bn

 
Q4 2015 Additional Information: Debt 4 *Excluding Ferrari Note: Numbers may not add due to rounding; total cash maturities excluding accruals Outstanding Dec. 31 ‘15 FCA ex-FCA US* 2016 2017 2018 2019 2020 Beyond 7.4 Bank Debt 3.6 1.0 1.5 0.4 0.2 0.7 13.6 Capital Market 2.8 2.4 1.9 1.5 1.4 3.7 0.8 Other Debt 0.5 0.0 0.0 0.1 0.0 0.1 21.8 Total Cash Maturities 7.0 3.4 3.3 1.9 1.6 4.5 10.8 Cash & Mktable Securities 3.4 Undrawn Committed Revolving Facilities 14.2 Total Available Liquidity 5.0 Sale of Receivables (IFRS de-recognition compliant) 3.0 of which receivables sold to financial services JVs (FCA Bank) Outstanding Dec. 31 ‘15 FCA US 2016 2017 2018 2019 2020 Beyond 4.9 Bank Debt 0.0 2.8 1.7 0.1 0.1 0.1 0.0 Capital Market 0.0 0.0 0.0 0.0 0.0 0.0 0.8 Other Debt 0.1 0.1 0.1 0.1 0.1 0.2 5.7 Total Cash Maturities 0.2 3.0 1.8 0.2 0.2 0.4 10.4 Cash & Mktable Securities 0.0 Undrawn Committed Revolving Facilities 10.4 Total Available Liquidity FCA ex-FCA US & FCA US Debt maturity schedule (€/B) - Unaudited

 
Q4 2015 Additional Information: Debt 5 *Excluding Ferrari Note: Numbers may not add due to rounding; total cash maturities excluding accruals Outstanding Dec. 31 ‘15 FCA Group* 2016 2017 2018 2019 2020 Beyond 12.3 Bank Debt 3.7 3.9 3.1 0.5 0.3 0.8 13.6 Capital Market 2.8 2.4 1.9 1.5 1.4 3.7 1.6 Other Debt 0.6 0.2 0.1 0.2 0.1 0.3 27.5 Total Cash Maturities 7.1 6.4 5.1 2.1 1.9 4.9 21.1 Cash & Mktable Securities 3.4 Undrawn Committed Revolving Facilities 24.6 Total Available Liquidity 5.0 Sale of Receivables (IFRS de-recognition compliant) 3.0 of which receivables sold to financial services JVs (FCA Bank) FCA Group Debt maturity schedule (€/B) - Unaudited

 
Q4 2015 Additional Information: Debt 6 Note: Numbers may not add due to rounding FCA Group Net debt breakdown (€/B) - Unaudited Sept. 30, ’15** Dec. 31, ’15*** Cons. Ind. Fin. Cons. Ind. Fin. 31.1 28.5 2.6 Gross Debt* 27.8 26.1 1.7 (0.5) (0.5) (0.0) Derivatives M-to-M, Net (0.1) (0.1) (0.0) (20.4) (20.2) (0.2) Cash & Mktable Securities (21.1) (21.0) (0.2) 10.3 7.8 2.4 Net Debt 6.5 5.0 1.5 *Net of intersegment receivables **Including Ferrari ***Excluding Ferrari

 
Q4 2015 Additional Information: Debt 7 *Including Ferrari **Excluding Ferrari Note: Numbers may not add due to rounding Outstanding Sept.30, ’15* Outstanding Dec. 31, ’15** 30.6 Cash Maturities 27.5 12.4 Bank Debt 12.3 16.5 Capital Market 13.6 1.7 Other Debt 1.6 0.2 Asset-backed financing 0.2 0.0 ABS / Securitization 0.0 0.0 Warehouse Facilities 0.0 0.2 Sale of Receivables 0.2 0.3 Accruals & Other Adjustments 0.1 31.1 Gross Debt 27.8 (20.4) Cash & Mktable Securities (21.1) (0.5) Derivatives (Assets)/Liabilities (0.1) 10.3 Net Debt 6.5 4.5 Undrawn Committed Revolving Facilities 3.4 FCA Group Gross debt breakdown(€/B) - Unaudited