Chrysler 2007 Annual Report Download - page 203

For disclosure purposes it is recalled that the Group has entered certain important targeted industrial and/or sales agreements
during the year (in many cases these are still at the stage of the “Letter of intent”) under which manufacturing and/or commercial
joint ventures will be set up in foreign countries (including India and Russia), development and growth will be agreed with other
operators in the automotive business and vehicles will be constructed on behalf of other manufacturers and/or the manufacturing
know how will be sold. These agreements, which have by now become part of the Group’s ordinary operations, had had no
significant effect on the amounts stated in the consolidated financial statements through December 31, 2007.
38. Transactions resulting from unusual and/or abnormal operations
Pursuant to the Consob Communication of July 28, 2006, the Group has not taken part in any unusual and/or abnormal operations
as defined in that Communication (reference should be made to the section Format of the financial statements for a definition of
these).
39. Translation of financial statements denominated in a currency other than Euro
The principal exchange rates used in 2007 and 2006 to translate into euros the financial statements prepared in currencies other
than the euros were as follows:
At At
Average 2007 December 31, 2007 Average 2006 December 31, 2006
US dollar 1.370 1.472 1.256 1.317
Pound sterling 0.684 0.733 0.682 0.672
Swiss franc 1.643 1.655 1.573 1.607
Polish zloty 3.784 3.594 3.896 3.831
Brazilian real 2.670 2.607 2.734 2.815
Argentine peso 4.309 4.667 3.879 4.066
40. Other information
Personnel costs
The income statement includes personnel costs for 6,959 million euros in 2007 (6,741 million euros in 2006).
An analysis of the average number of employees by category is provided as follows:
2007 2006
Managers 2,365 2,432
White-collar 53,888 54,351
Blue-collar 123,348 116,943
Average number of employees 179,601 173,726
Fiat Group Consolidated Financial Statements at December 31, 2007 - Notes202