2007 - Pinguely Haulotte
2007 - Pinguely Haulotte
2007 - Pinguely Haulotte
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Consolidated financial statements of December 31st, <strong>2007</strong><br />
Note 8 - Assets and liabilities held for sale<br />
As the Group decided to sell its subsidiary Lev in December <strong>2007</strong>, assets and liabilities relating to this disposal group are presented<br />
according to the principles described in note 3.14. This transaction was finalized in January 2008 (cf. note 50).<br />
The following table presents in detail the assets and liabilities held for sale included under distinct lines of the balance sheet.<br />
<strong>2007</strong><br />
Intangible assets 18<br />
Property, plant and equipment 29 479<br />
Financial assets 142<br />
Inventories 202<br />
Trade receivables 10 627<br />
Other debtors (19)<br />
Cash and cash equivalents 1 451<br />
Total assets held for sale 41 900<br />
Long term debt (743)<br />
Deferred tax liabilities (2 608)<br />
Non-current provisions (486)<br />
Trade payables (2 434)<br />
Other payables (4 432)<br />
Current borrowings (20)<br />
Provisions (522)<br />
Total liabilities held for sale (11 245)<br />
This table does not include intercompany borrowings of Lev and Royans Levage of €17 million at 31 December <strong>2007</strong>.<br />
Note 9 - Goodwill<br />
At 31/12/07<br />
Subsidiaries Gross value Impairment Net value<br />
UK Platforms 12 158 (12 158) 0<br />
ABM 1 294 (1 294) 0<br />
<strong>Haulotte</strong> France 54 (54) 0<br />
Nove 2 580 2 580<br />
Total 16 086 (13 506) 2 580<br />
Au 31/12/06<br />
Subsidiaries Gross value Impairment Net value<br />
UK Platforms 12 158 (12 158) 0<br />
ABM 1 294 (1 294) 0<br />
<strong>Haulotte</strong> France 54 (54) 0<br />
Locav 260 260<br />
Nove 1 584 1 584<br />
Locav Campania 26 26<br />
Total 15 376 (13 506) 1 870<br />
The change in goodwill between these two periods of K€710 results entirely from goodwill arising from the acquisition of the additional<br />
stake in Nove in May <strong>2007</strong> by Locav Srl (Note 7).<br />
ENGLISH