EX-99.2 3 fcanv20200930additionalinf.htm EX-99.2 SUPPLEMENTAL INFORMATION FINANCIAL DATA BY ACTIVITY SEPTEMBER 30, 2020 Document
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Exhibit 99.2
Income Statement by activity
Unaudited
For the three months ended
September 30, 2020		For the three months ended
September 30, 2019
(€ million)GroupIndustrial activitiesFinancial servicesGroupIndustrial activitiesFinancial services
Net revenues
25,814 25,785 50 27,322 27,285 71 
Cost of revenues
21,715 21,710 26 23,768 23,761 41 
Selling, general and other costs
1,527 1,521 6 1,601 1,596 5 
Research and development costs
670 670 — 1,456 1,456 — 
Result from investments
45 (21)66 43 (16)59 
Gains on disposal of investments
— — — — — — 
Restructuring costs
12 12 — (1)(1)— 
Net financial expenses
295 295 — 280 280 — 
Profit before taxes
1,640 1,556 84 261 177 84 
Tax expense
435 429 6 440 433 7 
Result from intersegment investments
— 78 — — 77 — 
Net profit/(loss) from continuing operations
1,205 1,205 78 (179)(179)77 
Profit from discontinued operations, net of tax
— — — — — — 
Net profit/(loss)
1,205 1,205 78 (179)(179)77 
Adjusted EBIT
2,276 2,192 84 1,959 1,875 84 
For the nine months ended September 30, 2020For the nine months ended September 30, 2019
(€ million)GroupIndustrial activitiesFinancial servicesGroupIndustrial activitiesFinancial services
Net revenues
58,088 57,972 196 78,544 78,385 254 
Cost of revenues
51,636 51,605 111 68,038 67,985 148 
Selling, general and other costs
4,007 3,991 16 4,691 4,673 18 
Research and development costs
2,179 2,179 — 2,911 2,911 — 
Result from investments
118 (57)175 159 (16)175 
Gains on disposal of investments
4 4 — 7 7 — 
Restructuring costs
55 55 — 195 195 — 
Net financial expenses
745 745 — 784 784 — 
Net (loss)/profit before taxes
(412)(656)244 2,091 1,828 263 
Tax expense
1,125 1,104 21 969 943 26 
Result from intersegment investments
— 223 — — 237 — 
Net (loss)/profit from continuing operations
(1,537)(1,537)223 1,122 1,122 237 
Profit from discontinued operations, net of tax
— — — 3,970 3,970 — 
Net (loss)/profit
(1,537)(1,537)223 5,092 5,092 237 
Adjusted EBIT
1,400 1,156 244 4,553 4,290 263 

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Statement of Financial Position by activity
Unaudited
At September 30, 2020At December 31, 2019
(€ million)GroupIndustrial activitiesFinancial servicesGroupIndustrial activitiesFinancial services
Assets
 Goodwill and intangible assets with indefinite useful lives13,678 13,678 — 14,257 14,257 — 
Other intangible assets
12,638 12,634 4 12,447 12,442 5 
Property, plant and equipment
27,684 27,679 5 28,608 28,605 3 
Investments and other financial assets
3,229 3,617 1,746 3,019 3,467 1,549 
Deferred tax assets
1,214 1,188 26 1,689 1,660 29 
Inventories
9,146 9,128 18 9,722 9,722 — 
Assets sold with a buy-back commitment1,092 1,092 — 1,626 1,626 — 
Trade receivables 2,142 2,146 156 2,064 2,067 30 
Receivables from financing activities 2,129 807 2,028 3,155 1,106 3,176 
Tax receivables 257 264 3 466 459 7 
Other assets4,713 4,709 7 5,601 5,594 7 
Cash and cash equivalents 26,016 25,748 268 15,014 14,867 147 
Assets held for sale310 310 — 376 376 — 
TOTAL ASSETS
104,248 103,000 4,261 98,044 96,248 4,953 
Equity and Liabilities
Equity25,181 25,181 2,131 28,675 28,675 1,995 
Employee benefits liabilities8,834 8,832 2 9,051 9,049 2 
Provisions 11,854 11,852 5 14,005 14,000 7 
Deferred tax liabilities 1,760 1,760 — 1,628 1,628 — 
Debt 26,413 25,301 1,818 12,901 11,278 2,750 
Trade payables 20,378 20,382 156 21,616 21,610 26 
Other financial liabilities604 604 — 318 318 — 
Tax liabilities740 723 24 400 378 27 
Other liabilities 8,292 8,169 125 9,214 9,072 146 
Liabilities held for sale192 196 — 236 240 — 
TOTAL EQUITY AND LIABILITIES
104,248 103,000 4,261 98,04496,2484,953




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Statement of Cash Flows by activity
Unaudited


For the nine months ended September 30, 2020For the nine months ended September 30, 2019
(€ million)GroupIndustrial activitiesFinancial servicesGroupIndustrial activitiesFinancial services
CASH FLOW FROM OPERATING ACTIVITIES:
Net (loss)/profit from continuing operations(1,537)(1,537)223 1,122 1,122 237 
Amortization and depreciation
3,847 3,846 1 4,080 4,078 2 
Net losses/(gains) on disposal of non-current assets and other non-cash items958 907 (172)1,497 1,433 (173)
Dividends received
73 94 — 66 69 — 
Change in provisions
(1,543)(1,543)— (1,390)(1,390)— 
Change in deferred taxes
606 606 — 469 465 4 
Change in items due to buy back commitments and GDP vehicles(209)(206)(3)122 122 — 
Change in working capital
703 712 (9)436 444 (8)
Cash flows (used in)/from operating activities - discontinued operations— — — (308)(308)— 
TOTAL
2,898 2,879 40 6,094 6,035 62 
CASH FLOWS (USED IN)/FROM INVESTING ACTIVITIES:
Investments in property, plant and equipment and intangible assets (6,180)(6,179)(1)(5,482)(5,481)(1)
Investments in joint ventures, associates and unconsolidated subsidiaries(63)(63)— (2)(2)— 
Proceeds from the sale of tangible and intangible assets95 95 — 60 60 — 
Net cash proceeds from disposal of discontinued operations— — — 5,348 5,348 — 
Net change in receivables from financing activities 694 (75)769 96 61 35 
Change in securities257 328 (71)15 15 — 
Other changes 3 1 2 29 29 — 
Cash flows used in investing activities - discontinued operations— — — (155)(155)— 
TOTAL
(5,194)(5,893)699 (91)(125)34 
CASH FLOWS (USED IN)/FROM FINANCING ACTIVITIES:
Net change in debt and other financial assets/liabilities14,200 14,756 (556)(1,006)(862)(144)
Distributions paid— — (21)(3,056)(3,056)(3)
Cash flows from/(used in) financing activities - discontinued operations— — — 325 325 — 
TOTAL
14,200 14,756 (577)(3,737)(3,593)(147)
Translation exchange differences (897)(856)(41)539 541 (2)
TOTAL CHANGE IN CASH AND CASH EQUIVALENTS
11,007 10,886 121 2,805 2,858 (53)
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD
15,014 14,867 147 12,450 12,275 175 
ADD: CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD - INCLUDED WITHIN ASSETS HELD FOR SALE17 17 — 719 719 — 
TOTAL CHANGE IN CASH AND CASH EQUIVALENTS11,007 10,886 121 2,805 2,858 (53)
LESS: CASH AND CASH EQUIVALENTS AT END OF THE PERIOD - INCLUDED WITHIN ASSETS HELD FOR SALE22 22 — — — — 
CASH AND CASH EQUIVALENTS AT END OF THE PERIOD
26,016 25,748 268 15,974 15,852 122 

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Net Cash/(Debt) by activity
Unaudited
At September 30, 2020At December 31, 2019
(€ million)GroupIndustrial activitiesFinancial servicesGroupIndustrial activitiesFinancial services
Third parties debt (Principal)(26,404)(25,134)(1,270)(12,910)(11,121)(1,789)
Capital market(1)
(8,736)(8,392)(344)(6,676)(6,277)(399)
Bank debt
(15,515)(14,631)(884)(3,868)(2,642)(1,226)
Other debt(2)
(417)(376)(41)(726)(564)(162)
Lease liabilities
(1,736)(1,735)(1)(1,640)(1,638)(2)
Accrued interest and other adjustments(3)
(9)(3)(6)9 10 (1)
Debt with third parties from continuing operations (excluding held for sale)
(26,413)(25,137)(1,276)(12,901)(11,111)(1,790)
Debt classified as held for sale(69)(69)— (81)(81)— 
Debt with third parties including held for sale
(26,482)(25,206)(1,276)(12,982)(11,192)(1,790)
Intercompany, net(4)
— 375 (375)— 792 (792)
Current financial receivables from jointly-controlled financial services companies(5)
97 97 — 83 83 — 
Debt, net of intercompany, and current financial receivables from jointly-controlled financial service companies, including held for sale
(26,385)(24,734)(1,651)(12,899)(10,317)(2,582)
Derivative financial assets/(liabilities), net of collateral deposits (excluding held for sale)(6)
136 136 — (178)(178)— 
Current debt securities(7)
171 110 61 480 480 — 
Cash and cash equivalents26,016 25,748 268 15,014 14,867 147 
Cash and cash equivalents, current debt securities and Derivative financial assets/(liabilities), net, classified as held for sale22 22 — 17 17 — 
Total Net cash/(debt) including held for sale
(40)1,282 (1,322)2,434 4,869 (2,435)
Net industrial cash/(debt) from continuing operations (excluding held for sale)(8)
1,382 4,859 
Net industrial cash/(debt) from held for sale(8)
(100)10 
Total Net industrial cash/(debt)
1,282 4,869 
________________________________________________________________________________________________________________________________________________
Note: The assets and liabilities of FCA's global cast iron components business have been classified as held for sale within the Consolidated Statement of Financial Position at December 31, 2019 and September 30, 2020.
(1) Includes notes issued under the Medium Term Programme, or MTN Programme, and other notes (€8,388 million at September 30, 2020 and €6,277 million at December 31, 2019) and other debt instruments (€348 million at September 30, 2020 and €399 million at December 31, 2019) issued in financial markets, mainly from LATAM financial services companies.
(2) Includes asset-backed financing, i.e. sales of receivables for which de- recognition is not allowed under IFRS (€27 million at September 30, 2020 and €151 million at December 31, 2019), and other debt.
(3) Includes adjustments for fair value accounting on debt and net (accrued)/deferred interest and other amortizing cost adjustments.
(4) Net amount between industrial activities entities' financial receivables due from financial services entities (€542 million at September 30, 2020 and €960 million at December 31, 2019) and industrial activities entities' financial payables due to financial services entities (€167 million at September 30, 2020 and €168 million at December 31, 2019).
(5) Financial receivables due from FCA Bank.
(6) Fair value of derivative financial instruments (net positive €104 million at September 30, 2020 and net negative €220 million at December 31, 2019) and collateral deposits (€32 million at September 30, 2020 and €42 million at December 31, 2019).
(7) Excludes certain debt securities held pursuant to applicable regulations (€63 million at September 30, 2020 and €50 million at December 31, 2019).
(8) At September 30, 2020 amounts include net intercompany financial payables due from activities included within assets held for sale of €53 million (net intercompany financial payables due to activities included within assets held for sale of €74 million at December 31, 2019).