2007 - Pinguely Haulotte

Statutory accounts - Notes to the balance sheet
20. COMMITMENTS RECEIVED
In thousands of euros 31/12/2007 31/12/2006
Commitment received by Télescopelle as a beneficiary 1 450 1 450
of a debt waiver accompanied by a "better fortunes" clause
Commitment received by UK Platforms as a beneficiary of a debt waiver 5 911 5 911
accompanied by a "better fortunes" clause for £4,085,000 or K€5 911.
21. STOCK OPTION PLANS
Plan N°1 Plan N°2 Plan N° 3
Board of Directors' meeting date 26 July 01 2 July 02 8 July 03
Number of shares available for subscription 111 000 127 000 128 600
Commencement of the option exercise period 26 July 05 2 July 06 8 July 07
End of the option exercise period 25 April 06 2 July 09 8 July 10
Exercise price €16,78 €9,46 €4,19
Number of shares subscribed at 31/12/2007 101 050 109 990 73 600
22. AVERAGE NUMBER OF EMPLOYEES
31/12/07 31/12/06
Managers 172 166
Administrative employees and technical staff 142 116
Workers 343 277
Total 657 559
23. TRAINING BENEFITS
At December 31st, 2007, rights vested but not exercised by Haulotte Group SA in connection with the French individual training
entitlement benefit (DIF) represented K€209 for a total of 31 700 hours.
24. FOREIGN CURRENCY EXCHANGE RISKS
Foreign exchange risks of the company concerned primarily receivables in US dollars and pound sterling.
Part of this risk is covered by forward purchases of the relevant foreign currencies.
Significant receivables (net of provisions), payables and commitments in foreign currency not hedged.
Foreign exchange exposure Currency
In thousands of euros AUD AED GBP USD DZD
BALANCE SHEET
Receivables (1) 16 231 49 87 272 18 443
of which Group receivables 16 231 84 468 17 916
of which non-Group receivables 49 2 804 527
Payables (2) 39 3 510 7
of which Group payables 39 266
of which non-Group payables 3 244 7
OFF-BALANCE SHEET COMMITMENTS (3)
Group commitments received 17 253
Non-group commitments received 1 764 4 369 5 063
(1) Financial receivables, trade receivables
(2) Borrowings, trade payables, other
(3) This concerns commitments to cover lease payments and risk pools mentioned in 19.2
ENGLISH