FY 2021 Results
RECONCILIATION OF NET PROFIT TO ADJUSTED OPERATING INCOME
H2 2021
STELLANTIS
RESULTS FROM CONTINUING OPERATIONS
North
America
South
America
Enlarged
Europe
Middle East
& Africa
China and
India & Asia
Pacific
Maserati
Other (1)
Stellantis
7,418
182
517
(335)
7,782
€ million
Net Profit from Continuing Operations
Tax Expense
Net Financial Expenses
Share of the Profit of Equity Method Investees
Operating Income
Adjustments:
Restructuring and Other Costs, Net of Reversals (2)
Change in Estimate of Non-Contractual Warranties (3)
Reversal of Inventory FV Adjustment in Purchase Accounting
Impairment Expense and Supplier Obligations (4)
Brazilian Indirect Tax - Reversal of Liability/Recognition
of Credits (5)
Other (6)
Total Adjustments Jul 1 - Dec 31 '21
(2)
6806
22 18
581
57
13
294
རྨེཡྻོ
1516
1116
32
332
11
732
58
212
288
(31)
(31)
192
41
(102)
(6)
7
154
286
250
90
985
58
20
18
186
1,607
6,120
556
2,541
298
236
74
(436)
9,389
FY 2021 RESULTS | 50
Adjusted Operating Income
(1) Other activities, unallocated items and eliminations
(4)
(2) Restructuring and other costs related to reorganization of operations and dealer network, primarily in Enlarged Europe
(3) Change in estimate for warranty costs incurred after the contractual warranty period
(5)
Primarily related to certain vehicle platforms in Enlarged Europe
Benefit related to final decision of Brazilian Supreme Court on calculation of state value added tax
(6)
Includes other costs primarily related to merger and integration activities
February 23, 2022View entire presentation