2007 - Pinguely Haulotte

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