This is brilliant
Our board of directors are not willing to pay 25-30m for 1 player according to Marotta, but they have 60 fucking millions to give to god damn Eintracht for the next 3 seasons
FIAT: +12% 2012 revenue to EUR 84 billion
MILAN – FIAT GROUP closed 2012 with all targets achieved or exceeded.
For 2012, Group revenues totaled approximately EUR 84 billion, increasing 12% over the prior year on a proforma basis (+8% at constant exchange rates). EBIT was EUR 3,677 million.
Net profit was EUR 1,411 million. Profit attributable to owners of the parent amounted to EUR 348 million (EUR 1,334 million in 2011).
Excluding Chrysler, net result was a EUR 1,041 million loss, compared with a EUR 1,006 million profit for 2011; excluding unusuals, there was a EUR 780 million loss, compared with a EUR 106 million loss for 2011.
Net industrial debt for the Group at 31 December 2012 was EUR 6.5 billion, an increase of EUR 1.0 billion for the year.
The Board of Directors has decided not to recommend a dividend payment on Fiat shares, given the Company’s desire to maintain a high level of liquidity and the existence of certain restrictions on the ability of Chrysler topay dividends to its members.