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Q2 2016 Results July 27, 2016
Q2 2016 Results July 27, 2016
Q2 2016 Results July 27, 2016 2
This document, and in particular the section entitled “2016
guidance – revised upwards”, contains forward-looking
statements. These statements may include terms such as
“may”, “will”, “expect”, “could”, “should”, “estimate”,
“anticipate”, “believe”, “remain”, “on track”, “design”, “target”,
“objective”, “goal”, “forecast”, “projection”, “outlook”,
“prospects”, “plan”, “intend”, or similar terms. Forward-
looking statements are not guarantees of future
performance. Rather, they are based on the Group’s current
expectations and projections about future events and, by
their nature, are subject to inherent risks and uncertainties.
They relate to events and depend on circumstances that may
or may not occur or exist in the future and, as such, undue
reliance should not be placed on them. Actual results may
differ materially from those expressed in such statements as a
result of a variety of factors, including: the Group’s ability to
reach certain minimum vehicle volumes; developments in
global financial markets and general economic and other
conditions; changes in demand for automotive products,
which is highly cyclical; the Group’s ability to enrich the
product portfolio and offer innovative products; the high
level of competition in the automotive industry; the Group’s
ability to expand certain of the Group’s brands
internationally; changes in the Group’s credit ratings; the
Group’s ability to realize anticipated benefits from any
acquisitions, joint venture arrangements and other strategic
alliances; potential shortfalls in the Group’s defined benefit
pension plans; the Group’s ability to provide or arrange for
adequate access to financing for the Group’s dealers and
retail customers; the Group’s ability to access funding to
execute the Group’s business plan and improve the Group’s
business, financial condition and results of operations;
various types of claims, lawsuits and other contingent
obligations against the Group; disruptions arising from
political, social and economic instability; material operating
expenditures in relation to compliance with environmental,
health and safety regulation; developments in labor and
industrial relations and developments in applicable labor
laws; increases in costs, disruptions of supply or shortages
of raw materials; exchange rate fluctuations, interest rate
changes, credit risk and other market risks; political and
civil unrest; earthquakes or other disasters and other risks
and uncertainties.
Any forward-looking statements contained in this
document speak only as of the date of this document and
the Company does not undertake any obligation to update
or revise publicly forward-looking statements. Further
information concerning the Group and its businesses,
including factors that could materially affect the
Company’s financial results, is included in the Company’s
reports and filings with the U.S. Securities and Exchange
Commission, the AFM and CONSOB.
Safe Harbor Statement
Q2 2016 Results July 27, 2016 3
Group overview
Mass-market brands by region
Luxury brand - Maserati
Components
Industry outlook & guidance
Appendix
Q2 2016 Results July 27, 2016 4
Q2 ’16 highlights
Strongest Q2 performance ever with record Adjusted EBIT margin at 5.8%
Adjusted EBIT margin improved in all regions and Components
Strong cash flow in the quarter with €1.1B reduction in Net industrial debt
Google and FCA enter into first-of-its-kind collaboration
FCA will initially design and engineer ~100 Chrysler Pacifica hybrids uniquely built for Google’s self-driving technology
Both companies to co-locate engineering teams to accelerate design, testing and manufacturing
Moody’s corporate credit rating upgrade – “Stable” outlook
Rating raised to “Ba3” from “B1”
Rating raised to “B1” from “B2” on bonds issued or guaranteed by FCA
NAFTA capacity realignment plan proceeding on schedule
Increased capacity for Jeep and Ram brands starting from Q2 ’17
Commercial launches of all-new Alfa Romeo Giulia and Maserati Levante in Europe
Another key milestone in luxury and premium brand strategies
U.S. launches planned for H2
2016 FY guidance revised upwards due to strong H1 operating performance
Net revenues raised to >€112B from >€110B
Adjusted EBIT raised to >€5.5B from >€5.0B
Adjusted net profit raised to >€2.0B from >€1.9B
Net industrial debt <€5.0B confirmed
Q2 2016 Results July 27, 2016 5
New products
• All-new hatchback version along with previously launched Tipo sedan and station wagon models marks comeback of Fiat brand to the C-segment (second largest segment in EU)
• Targets budget conscious consumers with a product providing “skills-no-frills” concept
• Hatchback launched in Q2 ’16 in Europe
• 4x4 and 4x2 with 1 metric ton payload and 3,100 kg towing capacity to fully address customer needs in mid-size pickup segment
• Offered in Europe with gasoline or diesel engine, both available with manual or automatic transmission
• Available from Q2 ‘16 in main European markets
• The flagship Maserati model has a restyled exterior, interior refinements and additional high-tech features
• Model line has been expanded with the introduction of the new GranLusso and GranSport trim levels
• Available from Q2 ‘16 in main European markets
Q2 2016 Results 6 July 27, 2016
• Net financial charges down due to debt reduction and refinancing at lower rates, with taxes included in Adjusted net profit flat
• Net profit was €321M vs €257M in Q2 ’15
Q2 ‘16 summary *
• Shipments down 1% driven by APAC due to transition to localized Jeep production in China
• Combined shipments (including JVs) up 1% to 1,233k units with increase in EMEA, partially offset by LATAM reduction
Shipments (000s units)
1,191
1,175
2015
2016
Q2
Refer to Appendix for definitions of supplemental financial measures and reconciliations to applicable IFRS metrics. Figures may not add due to rounding.
* Information for 2015 has been re-presented to exclude Ferrari, consistent with Ferrari’s classification as a discontinued operation for the year ended December 31, 2015. Refer to the Appendix for a reconciliation of these results to amounts previously reported.
• Net revenues down 2%
• Up 1% at constant exchange rates (CER)
Net revenues (€M)
28,540
27,893
2015
2016
Q2
• Adjusted EBIT up 16%, with margin at 5.8% vs 4.9% in Q2 ‘15
• EBIT was €1,060M vs €1,226M in Q2 ’15, primarily due to charges for
Takata airbag inflator recalls excluded from Adjusted EBIT
Adjusted EBIT (€M)
1,401
1,628
2015
2016
Q2
• Net industrial debt reduced by €1.1B from Mar 31 ‘16
due to strong cash generation from operations
Net industrial debt (€B)
• Available liquidity stable at €24.7B with cash generation from operations
offsetting debt reduction (including €1B bond repaid at maturity)
Available liquidity (€B)
24.7
24.3
YTD
2,261
2,284
YTD
54,463
54,383
YTD
3,007
2,101 18.4
18.6
5.9
6.2 Jun 30 ‘16
Mar 31 ‘16
Undrawn committed credit lines Cash & Marketable Securities
6.6
5.5 Jun 30 ‘16
Mar 31 ‘16
Adjusted net profit (€M)
Q2
372
709
2015
2016
YTD
1,237
403
Q2 2016 Results 7 July 27, 2016
Q2 ‘16 Adjusted EBIT walk by segment *
* Information for 2015 has been re-presented to exclude Ferrari, consistent with Ferrari’s classification as a discontinued operation for the year ended December 31, 2015.
Refer to the Appendix for a reconciliation of these results to amounts previously reported.
€M % = Adjusted EBIT margin
1,401 47 79
(5)
86
(7)
15 12 1,628
Q2 '15 NAFTA LATAM APAC EMEA Maserati Components Other & Eliminations
Q2 '16
B/(W) than
Q1 ‘16 147 (11) 30 47 20 25 (9) 249
4.9%
5.8%
Q2 2016 Results 8 July 27, 2016
1,401
359 15
(99) (76)
28 1,628
Q2 '15 Volume & Mix Net price Industrial costs SG&A Other Q2 '16
Q2 ‘16 Adjusted EBIT walk by operational driver *
B/(W) than
Q1 ‘16 284 177 12 (163) (61) 249
* Information for 2015 has been re-presented to exclude Ferrari, consistent with Ferrari’s classification as a discontinued operation for the year ended December 31, 2015.
Refer to the Appendix for a reconciliation of these results to amounts previously reported.
4.9%
5.8%
€M % = Adjusted EBIT margin
Q2 2016 Results July 27, 2016 9
Q2 ‘16 Net industrial debt walk
Q2 ’16 Change in Net industrial debt 1,119 €M
(6,593) 3,121
(570)
131
1,180
(2,052)
(691)
(5,474)
Mar 31 '16 Adjusted
industrial
EBITDA
Financial
charges and
taxes *
Change
in funds
& other
Working
capital
Capex Scope, FX &
dividend
Jun 30 '16
* Net of IAS 19
YTD ‘16 5,877 (1,204) 105 (136) (3,872) (1,195)
Q2 ’16 Cash flows from operating activities, net of Capex 1,810
YTD ’16 Change in Net industrial debt -425
YTD ’16 Cash flows from operating activities, net of Capex 770
Q2 2016 Results July 27, 2016 10
NAFTA
Q2 ‘16 Q2 ‘15 ∆
Sales (k units) 698 686 2%
Market share 12.5% 12.4% 10 bps
U.S. dealer inventory (days of supply) 75 74 1 d/s
Shipments (k units) 666 677 (2%)
Net revenues (€M) 17,479 17,186 2%
o Industry sales down 1% in U.S. and up 3% in Canada, with Group sales up 2% in the region
U.S. sales up 2% to 589k vehicles with share up 30 bps to
12.7%; Jeep and Ram sales up 12% and 10%, respectively
U.S. dealer days of supply decreased to 75 vs 83 days at
end of Q1 ‘16
U.S. fleet mix at 24% vs 21% in Q2 ‘15 with improved
channel and model mix
In Canada, maintained market leadership with sales of
90k units, up 4%; market share at 15.2%
Mexico sales down 3% to 19k units
o Shipments in U.S. down 7k units (-1%) with Canada flat and Mexico down 4k units (-17%)
o Net revenues up 2% (+4% at CER), due to improved mix and net pricing, partially offset by unfavorable FX
Adjusted EBIT walk (€M)
%= Adjusted EBIT margin
Sales data represents sales to retail and fleet customers and limited deliveries to Group-related persons.
Sales by dealers to customers are reported through a new vehicle delivery system. Reporting methodology
consistent with FCA US press release issued July 26, 2016. U.S. dealer inventory days of supply calculated
using total sales including fleet.
o Mix favorability primarily driven by improved truck and SUV model mix
o Positive net pricing actions more than offset by negative FX transaction impact from CAD and MXN
o Purchasing efficiencies more than offset by higher product costs for content enhancements and higher manufacturing and D&A costs
o Adjusted EBIT excludes total charges of €519M related to Takata airbag inflator recalls and incremental costs for NAFTA capacity realignment plan
7.7%
1,327 1,374
251
(32) (137) (19) (16)
Q2 '15 Volume &
Mix
Net price Industrial
costs
SG&A Other Q2 '16
B/(W)
Q1 ‘16 56 161 66 (67) (69) 147
7.7% 7.9%
Q2 2016 Results 11 July 27, 2016
o Industry down 12% due to continued macroeconomic weakness
Brazil industry down 22% y-o-y, Argentina up 12%
o Continued as market leader in Brazil with share at 17.8%
Jeep Renegade and all-new Fiat Toro continued strong performance in Brazil with segment share of 23.8% and 76.0%, respectively
Shipments in Brazil down 29k units (-25%), Argentina up 1k units (+8%)
o Net revenues down 9% at CER due to lower volumes, partially offset by better product mix
o Mix improvement driven primarily by newly launched Fiat Toro, more than offset by lower volumes due to poor market conditions in Brazil
o Lower industrial costs mainly due to non-repeat of launch costs in prior period, partially offset by input cost inflation
o SG&A improvement driven primarily by continued cost reduction initiatives to rightsize to market volume
o Other primarily reflects FX translation impact mainly due to Brazilian Real
Adjusted EBIT walk (€M)
%= Adjusted EBIT margin
B/(W)
Q1 ‘16 (9) 28 (15) (13) (2) (11)
Q2 ‘16 Q2 ‘15 ∆
Sales (k units) 112 143 (22%)
Market share 12.5% 14.0% (150) bps
Inventories (days of supply) 41 39 2 d/s
Shipments (k units) 112 138 (19%)
Net revenues (€M) 1,469 1,851 (21%)
LATAM
(4.3)%
(79)
3 9
49 6
12 0
Q2 '15 Volume &
Mix
Net price Industrial
costs
SG&A Other Q2 '16
(4.3)%
Q2 2016 Results 12 July 27, 2016
APAC
o Industry demand increased 7% with China +9%,
South Korea +14%, India +7%, Australia +4%, Japan -2%
o Group sales flat
China +17% and Japan +21%, both outperforming their
respective industries
Australia -54% due to price increases to offset AUD
weakness, South Korea -15% and India -35%
Jeep brand (73% of regional Group sales) +32% y-o-y
driven by strong sales of locally produced Jeep Cherokee
in China
o Shipments -50% due to transition to localized Jeep production
o Net revenues -34% at CER primarily as a result of lower shipments, partially offset by favorable vehicle mix
o Volume & mix decrease driven by reduced shipments due to transition to Jeep localized production in China and lower volumes in Australia due to pricing actions to offset negative FX impacts
o Industrial costs improved due to localization of Jeep production
o SG&A improved primarily due to lower direct marketing expenses, now incurred by China JV
o Other primarily reflects improved results from China JV
APAC market share reflects aggregate for major markets where Group competes (China, Australia, Japan,
South Korea and India). Market share is based on retail registrations except in India where market share is
based on wholesale volumes.
Adjusted EBIT walk (€M)
%= Adjusted EBIT margin
B/(W)
Q1 ‘16 26 (9) 7 (7) 13 30
xx%
3.1%
Q2 ‘16 Q2 ‘15 ∆
Sales (k units) Of which China JV sales
55 30
55 10
- 200%
Market share 0.8% 0.8% -
Inventories (days of supply) 114 158 (44) d/s
Shipments (k units) 23 46 (50%)
Net revenues (€M) 957 1,523 (37%)
4.4%
2.2%
47
(71)
2
21
25
18 42
Q2 '15 Volume &
Mix
Net price Industrial
costs
SG&A Other Q2 '16
3.1% 4.4%
Q2 2016 Results 13 July 27, 2016
EMEA
Passenger Cars
o EU28+EFTA (EU) industry up 10% to 4.2M units with
growth in all major markets: Spain and Italy +17%,
France +8%, Germany +9% and UK +1%
o EU sales up 17% to 285k units. EU market share up 40 bps
driven by increases in Italy and Spain (+60 bps each),
UK (+20 bps), France and Germany (+10 bps each)
o Shipments of 292k (+13%)
LCVs
o EU industry up 14% to 573k units with growth in all major
markets: Italy +26%, France +15%, Spain +18%,
Germany +12% and UK +5%
o EU sales up 13% to 74k units with market share down 10 bps
o Shipments of 75k (+16%)
o Volume increase and favorable mix driven by Fiat 500
and Tipo vehicle families, and LCVs
o Positive net price driven by pricing actions and positive FX impact offsetting increased incentives in EU
o Industrial costs improvement due to manufacturing and purchasing efficiencies, partially offset by higher R&D and D&A costs
o Higher SG&A primarily due to increased advertising to support new product launches
Adjusted EBIT walk (€M)
%= Adjusted EBIT margin
57
142 7 9
(76)
4 143
Q2 '15 Volume &
Mix
Net price Industrial
costs
SG&A Other Q2 '16
2.5%
1.0%
B/(W)
Q1 ‘16 127 12 (33) (67) 8 47
Q2 ‘16 Q2 ‘15 ∆
Sales (k units) 407 359 13%
EU Market share - passenger cars 6.8% 6.4% 40 bps
EU Market share - LCVs 12.9% 13.0% (10) bps
Inventories (days of supply) 57 57 -
Shipments (k units) 367 322 14%
Net revenues (€M) 5,770 5,470 5%
Q2 2016 Results July 27, 2016 14
Luxury brand Maserati
Q2 ‘16 Q2 ’15 ∆
Shipments 6,912 8,281 (17%)
Net revenues (€M) 579 610 (5%)
Adjusted EBIT (€M) 36 43 (16%)
Commercial Performance
o Shipments down due to lower volumes in North America (-26%) and Europe (-17%), partially offset by increase in China (+20%)
Financial Performance
o Net revenues decrease mainly due to lower volumes,
partially offset by favorable vehicle and market mix
and positive FX impacts
o Adjusted EBIT down due to lower volumes, higher
industrial and SG&A costs for all-new Levante and
restyled Quattroporte launch activities, partially
offset by favorable mix and FX
o Q2 ’16 Adjusted EBIT margin at 6.2%, double Q1 ’16
margin of 3.1%
Q2 ‘16 Shipments By Market
North
America
35%
Europe
Top-5
18%
Greater
China
28%
Japan
3%
Others
16%
All-new Levante
“Creates a whole new class of SUV” European commercial launch in Q2
Q2 2016 Results July 27, 2016 15
2,549
2,430
Q2 '15
Q2 '16
Components
o Net revenues reflects higher volumes at Magneti Marelli, more than offset by volume
reduction at Comau and unfavorable FX impacts
o Adjusted EBIT increase reflects higher volumes and favorable mix, partially offset
by increased industrial costs. Adjusted EBIT margin improvement attributable
to Magneti Marelli.
o Magneti Marelli order intake was €603M in line with Q2 ’15, with non-captive
orders at 57%
o Comau order backlog was €1.2B, up €186M from March 31, 2016
96
111
Q2 '15
Q2 '16
Adjusted EBIT
(€M)
Margin
4.6%
3.8%
Net revenues
Q2 2016 Results July 27, 2016 16
NAFTA (passenger cars, UVs, pickup trucks & LCVs)
LATAM (passenger cars & LCVs)
APAC
(passenger cars only)
EMEA (EU28+EFTA) (passenger cars & LCVs)
FY '15
FY '16E
FY '15
FY '16E
FY '15
FY '16E
Industry outlook
28.9 - 29.4
21.1
21.0 – 21.5 3.6 - 4.1
4.1
16.1 – 16.6
16.1
M units
Forecast unchanged
U.S. industry remains strong
Forecast unchanged
Modest industry growth continues
Forecast unchanged
H1 ‘16 trend indicates high-end of range with minimal impact expected from Brexit
Forecast unchanged – awaiting resolution of impeachment process expected in Aug ‘16
Continued weak market conditions indicates low-end of range
FY '15
FY '16E 28.9 – 29.4
28.2
17 Q2 2016 Results July 27, 2016
2016 guidance – revised upwards
>€110B Net revenues
>€5.0B Adjusted EBIT
>€1.9B Adjusted net profit
<€5.0B Net industrial debt
Raised to >€112B
Raised to >€5.5B
Raised to >€2.0B
Confirmed
Original Revised
Q2 2016 Results July 27, 2016 18
APPENDIX
Q2 2016 Results July 27, 2016 19
FCA monitors its operations through the use of various
supplemental financial measures that may not be comparable
to other similarly titled measures of other companies.
Accordingly, investors and analysts should exercise
appropriate caution in comparing these supplemental
financial measures to similarly titled financial measures
reported by other companies. Group management believes
these supplemental financial measures provide comparable
measures of its financial performance which then facilitate
management’s ability to identify operational trends, as well as
make decisions regarding future spending, resource
allocations and other operational decisions.
Supplemental financial measures
FCA’s supplemental financial measures are defined as follows:
Adjusted Earnings Before Interest and Taxes (“Adjusted
EBIT”) is computed as EBIT excluding: gains/(losses) on the
disposals of investments, restructuring, impairments, asset
write-offs and other unusual items that are considered rare
or discrete events that are infrequent in nature
Adjusted Net Profit is calculated as Net Profit excluding
after-tax impacts of the same items excluded from
Adjusted EBIT
Adjusted Earnings Before Interest, Taxes, Depreciation and
Amortization (“Adjusted EBITDA”) is computed starting
with Adjusted EBIT and then adding back depreciation and
amortization expense
Net Industrial Debt is computed as debt plus other
financial liabilities related to Industrial Activities less (i) cash
and cash equivalents, (ii) current securities, (iii) current
financial receivables from Group or jointly controlled
financial services entities and (iv) other financial assets.
Therefore, debt, cash and other financial assets/liabilities
pertaining to Financial Services entities are excluded from
the computation of Net Industrial Debt
20 Q2 2016 Results July 27, 2016
Key performance metrics
€M
Three months ended June 30, Six months ended June 30,
2016 2015 2016 2015
1,175 1,191 Worldwide shipments (units ‘000) 2,261 2,284
27,893 28,540 Net revenues 54,463 54,383
1,060 1,226 EBIT 2,367 1,922
(568) (175) Adjustments (640) (179)
1,628 1,401 Adjusted EBIT 3,007 2,101
79 45 Of which: Result from investments 141 95
(491) (619) Net financial expenses (1,003) (1,227)
569 607 Profit before taxes 1,364 695
(248) (350) Tax expense (565) (411)
321 257 Net profit 799 284
709 372 Adjusted net profit 1,237 403
21 Q2 2016 Results July 27, 2016
Reconciliation of Adjusted EBIT to EBIT and Adjusted net profit to Net profit
Adjusted EBIT to EBIT
Three months ended June 30, Six months ended June 30,
2016 2015 2016 2015
1,628 1,401 Adjusted EBIT 3,007 2,101
(414) — Recall campaigns - airbag inflators (414) —
(105) — NAFTA capacity realignment (156) —
— (80) Venezuela currency devaluation (19) (80)
— (81) U.S. National Highway Traffic Safety Administration
(NHTSA) consent order — (81)
(60) (8) Restructuring costs (67) (12)
— (4) Impairment expense — (4)
5 — Gains on disposal of investments 5 —
6 (2) Other 11 (2)
(568) (175) Total adjustments (640) (179)
1,060 1,226 EBIT 2,367 1,922
Adjusted net profit to Net profit
Three months ended June 30, Six months ended June 30,
2016 2015 2016 2015
709 372 Adjusted net profit 1,237 403
(568) (175) Adjustments (as above) (640) (179)
180 60 Tax impact on adjustments 202 60
(388) (115) Total adjustments, net of taxes (438) (119)
321 257 Net profit 799 284
€M
22 Q2 2016 Results July 27, 2016
Reconciliation of Net industrial debt to Debt
Jun 30 ‘16 Mar 31 ‘16 Dec 31 ‘15
Net industrial debt 5,474 6,593 5,049
Net financial services debt 1,689 1,442 1,499
Net debt 7,163 8,035 6,548
Intercompany financial receivables/(payables), net — — (39)
Current financial receivables from jointly-controlled
financial services companies 50 35 16
Other financial assets/(liabilities), net (397) 63 117
Current securities 414 459 482
Cash and cash equivalents 18,144 17,963 20,662
Debt 25,374 26,555 27,786
€M
23 Q2 2016 Results July 27, 2016
Reconciliation of results for Ferrari separation
Results excluding
Ferrari (as reported
herein)
Ferrari, net of
intercompany
Results including
Ferrari (previously reported)
Results excluding
Ferrari (as reported
herein)
Ferrari, net of
intercompany
Results including
Ferrari (previously reported)
1,191 2 1,193 Shipments (units ‘000) 2,284 4 2,288
28,540 688 29,228 Net revenues 54,383 1,241 55,624
1,226 122 1,348 EBIT 1,922 218 2,140
1,401 124 1,525 Adjusted EBIT 2,101 224 2,325
257 76 333 Net profit 284 141 425
The following is a reconciliation of the Group's results as reported herein for the three and six months ended June 30, 2015 (re-
presented to exclude Ferrari) to the Group's results previously reported. The amounts presented in the table below are not
representative of the income statement of Ferrari on a stand-alone basis, as these amounts are net of transactions between
Ferrari and other companies of the Group
Six months ended June 30, 2015 Three months ended June 30, 2015
€M
24 Q2 2016 Results July 27, 2016
YTD Adjusted EBIT walk *
673 155
(58)
157
(27)
33
(27)
3,007
H1 '15 NAFTA LATAM APAC EMEA Maserati Components Other & Eliminations
H1 '16 YTD
Jun 30 ‘15
YTD
Jun 30 ‘16
€M
2,101
2,101
650 143 4 34 75 3,007
Volume & Mix
Net price Industrial costs
SG&A Other YTD
Jun 30 ‘15
YTD
Jun 30 ‘16
* Information for 2015 has been re-presented to exclude Ferrari, consistent with Ferrari’s classification as a discontinued operation for the year ended December 31, 2015.
Refer to the Appendix for a reconciliation of these results to amounts previously reported.
Q2 2016 Results July 27, 2016 25
11.5 12.2 12.4 12.7
15.1 15.3 15.1 15.2
Market Share - mass-market brands
LATAM
12.8
15.8
12.2 11.5
22.120.9 19.0 17.8
LCV
Passenger
Cars
LCV
Passenger Cars
EMEA
Q2 ‘13 Q2 ‘14 Q2’ 15 Q2 ‘16
Q2 ‘13 Q2 ‘14 Q2’ 15 Q2 ‘16
%
NAFTA
Q2 ‘13 Q2 ‘14 Q2’ 15 Q2 ‘16
Market share is based on retail registrations except in India where market share is based
on wholesale volumes
Q2 ‘13 Q2 ‘14 Q2’ 15 Q2 ‘16
0.7
1.2
0.8 1.0
2.5
3.93.5
1.5
0.4
0.3 0.20.4
0.4
0.4 0.5
0.3
APAC
29.2 27.9 28.6 29.2
43.6 44.5 45.1 43.9
6.3 6.1 6.4 6.8
13.6 13.0 13.0 12.9
26 Q2 2016 Results July 27, 2016
Note: Numbers may not add due to rounding
* Represents total cash maturities excluding accruals
Outstanding
Jun 30 ‘16 6M 2016 2017 2018 2019 2020 Beyond
9.6 Bank Debt 2.1 3.1 2.5 0.5 0.4 1.0
13.8 Capital Market 1.7 2.4 1.9 1.5 1.4 5.0
1.6 Other Debt 0.5 0.2 0.2 0.2 0.1 0.4
25.0 Total Cash Maturities* 4.3 5.7 4.5 2.2 1.9 6.4
18.6 Cash & Mktable Securities
6.2 Undrawn Committed Revolving
Facilities
24.7 Total Available Liquidity
5.8 Sale of Receivables (IFRS de-recognition compliant)
3.6 Of which receivables sold to financial services JVs (FCA Bank)
Debt maturity schedule
€B
Q2 2016 Results July 27, 2016 27
Investor Relations Team
Joe Veltri +1-248-576-9257 Vice President
Erin Banyas +1-248-512-3224
Francesca Ferragina +39-011-006-2308
Tim Krause +1-248-512-2923
Alois Monger +1-248-512-1549
Paolo Mosole +39-011-006-1064
fax: +39-011-006-3796
email: investor.relations@fcagroup.com
websites: www.fcagroup.com
www.fcausllc.com
Contacts
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