Chrysler 2007 Annual Report Download - page 330

Reports of the Board of Statutory Auditors 329
The filed complaint in question here does not indicate any
“act”. Instead, it makes utterly groundless allegations regarding
a simple forecast of growth, which subsequently did occur
and stabilize on the market, in consequence of what was
clearly effective management of the company.
Therefore, for the reasons set out above we find that the above
mentioned complaint was groundless.
We also acknowledge that during the fiscal year, the company
assessed the effective independence of the independent
directors, and we confirm that the principles and procedures
for assessment were fairly applied in accordance with Article 3
Section 5 of the Corporate Governance Code. We confirmed our
own continuing independence as envisaged in Article 10
Section 2 of the Corporate Governance Code.
Based on the audits we performed in those areas that fall under
our jurisdiction pursuant to Article 149 of Legislative Decree
no. 58 of February 24, 1998 and the information received from
the External Auditors, we have verified that the statutory financial
statements, which report net income of 2,068,858,902 euros,
have been prepared and are presented in accordance with
the applicable provisions of law.
We therefore recommend that you approve these financial statements
as they have been submitted to you, together with the motion
proposed by the Board regarding the allocation of net income.
Turin, February 28, 2008
The Statutory Auditors
/s/ CARLO PASTERIS
Carlo Pasteris
/s/ GIUSEPPE CAMOSCI
Giuseppe Camosci
/s/ CESARE FERRERO
Cesare Ferrero