2007 - Pinguely Haulotte
2007 - Pinguely Haulotte
2007 - Pinguely Haulotte
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<strong>2007</strong><br />
annual report # p113-114<br />
Consolidated financial statements of December 31st, <strong>2007</strong><br />
31/12/2006<br />
Gross maximum 1-5 years More than<br />
1 year 5 years<br />
Repurchase commitments 7 246 1 274 5 966 6<br />
Share of balance sheet debt secured by collateral 83 125 2 352 60 275 20 497<br />
Note 48 - Off-balance sheet commitments in connection with entitlements to individual training benefits<br />
Number of hours<br />
DIF 47 250<br />
Note 49 - Average number of employees<br />
31/12/<strong>2007</strong> 31/12/2006<br />
Executives and managers 269 232<br />
Clerical staff and workers 1 701 1 273<br />
Total 1 970 1 505<br />
Note 50 - Events after the balance sheet date<br />
On January 8th, 2008 <strong>Haulotte</strong> Group sold Lev, Lev Luxembourg and Royans Levage that contributed €33 million to <strong>2007</strong> consolidated<br />
sales. These entities will be deconsolidated in 2008 when the Group will have ceased to have effective control of these entities and<br />
should generate a capital gain of slightly more than €30 million. The full impacts will be presented in detail in the 2008 interim financial<br />
statements.<br />
No other post-closing events likely to have a material impact on the assets and liabilities, net position and operating profit of the Group<br />
have been identified. To the company's knowledge, there are no legal proceedings, arbitration or other exceptional events likely to<br />
have, or having had in the recent past, a material impact on the financial positions, earning, activities and assets of the Company and<br />
the Group.