EX-99.3 4 exhibit993fcanv20190630add.htm EXHIBIT 99.3 SUPPLEMENTAL INFORMATION DEBT JUNE 30, 2019 Exhibit 99.3 FCA NV 2019.06.30 Additional Information - Debt
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Exhibit 99.3
Net debt/(cash) breakdown                                                
Unaudited

 
 
June 30, 2019
 
March 31, 2019
(€ billion)
 
Group
 
Industrial activities
 
Financial services
 
Group
 
Industrial activities
 
Financial services
Gross debt(1)
 
15.0

 
12.5

 
2.5

 
15.4

 
12.9

 
2.5

Financial receivables from jointly-controlled financial services companies
 
(0.3
)
 
(0.3
)
 
0.0

 
(0.2
)
 
(0.2
)
 
0.0

Derivatives (mark to market), net
 
0.1

 
0.1

 
0.0

 
(0.1
)
 
(0.1
)
 
0.0

Cash & marketable securities
 
(15.8
)
 
(15.7
)
 
(0.1
)
 
(12.6
)
 
(12.4
)
 
(0.2
)
Net debt/(cash)
 
(0.9
)
 
(3.3
)
 
2.4

 
2.6

 
0.3

 
2.3

 
 
 
 
 
 
 
 
 
 
 
 
 
Net industrial debt/(cash) from continuing operations (excluding Magneti Marelli)(2)
 
 
 
(3.3
)
 
 
 
 
 
(0.4
)
 
 
Net industrial debt/(cash) from discontinued operations (Magneti Marelli)(2)
 
 
 

 
 
 
 
 
0.7

 
 
Net industrial debt/(cash)
 
 
 
(3.3
)
 
 
 
 
 
0.3

 
 
______________________________________________________________________________________________________________________________________________________________________________________________________
Note: Amounts at March 31, 2019 include Magneti Marelli unless otherwise stated and amounts may not add due to rounding. The disposal of Magneti Marelli was completed on May 2, 2019.
(1) Amounts shown net of intersegment receivables/payables
(2) Includes net financial payables due from Magneti Marelli to other group companies of €0.7 billion as at March 31, 2019





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Gross debt breakdown
Unaudited

(€ billion)
 
Outstanding
June 30, 2019
 
Outstanding
March 31, 2019
Bank debt
 
4.5

 
4.8

Capital markets debt
 
8.2

 
8.2

Other debt
 
0.4

 
0.5

Lease liabilities(1)
 
1.6

 
1.4

Cash maturities from continuing operations
 
14.7

 
14.8

Cash maturities from discontinued operations
 

 
0.3

Cash maturities (including Magneti Marelli)
 
14.7

 
15.1

Asset-backed financing
 
0.3

 
0.3

Accruals
 
0.0

 
0.0

Gross Debt
 
15.0

 
15.4

______________________________________________________________________________________________________________________________________________________________________________________________________
Note: Amounts at March 31, 2019 include Magneti Marelli unless otherwise stated and amounts may not add due to rounding. The disposal of Magneti Marelli was completed on May 2, 2019.
(1) Adoption of IFRS 16 - Leases, effective January 1, 2019, resulted in an increase of Lease liabilities of €1.3 billion (€1.1 billion excluding Magneti Marelli). Finance leases previously included in Other debt have been reclassified to Lease liabilities.





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Debt Maturity Schedule
Unaudited

Outstanding
June 30, 2019
 
(€ billion)
 
6 Months 2019
 
2020
 
2021
 
2022
 
2023
 
Beyond
4.5

 
Bank debt
 
2.0

 
0.8

 
0.4

 
0.7

 
0.2

 
0.2

8.2

 
Capital markets debt
 
1.7

 
1.4

 
1.1

 
1.4

 
1.3

 
1.3

0.4

 
Other debt
 
0.4

 
0.0

 
0.0

 
0.0

 
0.0

 
0.0

1.6

 
Lease liabilities(1)
 
0.2

 
0.3

 
0.2

 
0.2

 
0.1

 
0.6

14.7

 
Total Cash maturities(2)
 
4.3

 
2.5

 
1.7

 
2.2

 
1.7

 
2.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
15.8

 
Cash and Marketable securities
 
 
 
 
 
 
 
 
 
 
 
 
7.7

 
Undrawn committed credit lines
 
 
 
 
 
 
 
 
 
 
 
 
23.5

 
Total available liquidity
 
 
 
 
 
 
 
 
 
 
 
 
______________________________________________________________________________________________________________________________________________________________________________________________________
Note: Amounts may not add due to rounding.
(1) Adoption of IFRS 16 - Leases, effective January 1, 2019, resulted in an increase of Lease liabilities of €1.1 billion. Finance leases previously included in Other debt have been reclassified to Lease liabilities.
(2) Amounts exclude accruals and asset-backed financing (€(0.3) billion at June 30, 2019).