Chrysler 2007 Annual Report Download - page 195

Transactions with jointly controlled entities
Significant transactions with jointly controlled entities are set out as follows:
■Net revenues: transactions consist principally of the sales of motor vehicles, production systems and components, including
engines and gearboxes, and the provision of services, to the following companies:
(in millions of euros) 2007 2006
Tofas-Turk Otomobil Fabrikasi Tofas A.S., for the sale of motor vehicles 942 820
Società Europea Veicoli Leggeri-Sevel S.p.A., for the sale of engines, other components
and production systems 771 607
Fiat Group Automobiles Financial Services S.p.A. for the sale of motor vehicles 236 –
Iveco Fiat-Oto Melara Società consortile, for the sale of vehicles and special transport 90 108
Société Européenne de Véhicules Légers du Nord-Sevelnord Société Anonyme,
for the sale of engines and other components and production systems 73 74
New Holland HFT Japan Inc., for the sale of Agricultural and construction equipment 15 26
New Holland Trakmak Traktor A.S., for the sale of Agricultural and construction equipment 536
Other minor amounts 81 96
Total Net revenues from jointly controlled entities 2,213 1,767
■Cost of sales: transactions have taken place principally with the following companies:
(in millions of euros) 2007 2006
Società Europea Veicoli Leggeri-Sevel S.p.A., for the purchase of motor vehicles 1,435 1,191
Tofas-Turk Otomobil Fabrikasi Tofas A.S., for the purchase of motor vehicles 828 804
Société Européenne de Véhicules Légers du Nord-Sevelnord Société Anonyme, for the purchase of motor vehicles 560 378
Other minor amounts 322 664
Total Cost of sales for purchases from jointly controlled entities 3,145 3,037
■Current trade receivables: these relate to receivables resulting from the revenues discussed above and, starting from December
2007, those arising from the Group’s trade relationships with FAFS, which mostly regard the sales of vehicles leased out by FAFS in
its own turn under operating or financial lease arrangements. In particular:
(in millions of euros) 2007 2006
Tofas-Turk Otomobil Fabrikasi Tofas A.S. 66 82
Società Europea Veicoli Leggeri-Sevel S.p.A. 62 110
Fiat Group Automobiles Financial Services S.p.A. 60 46
Société Européenne de Véhicules Légers du Nord-Sevelnord Société Anonyme 21
Other minor amounts 58 41
Total Current trade receivables due from jointly controlled entities 248 280
Fiat Group Consolidated Financial Statements at December 31, 2007 - Notes194