Chrysler 2008 Annual Report Download - page 216

36. Non-recurring transactions
No significant non-recurring operations as defined by Consob Communication of 28 July 2006, were carried out by the Group
in 2008.
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, 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 31 December 2008.
37. Transactions resulting from unusual and/or abnormal operations
Pursuant to the Consob Communication of 28 July 2006, the Group has not taken part in 2008 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).
38. Translation of financial statements denominated in a currency other than Euro
The principal exchange rates used in 2008 and 2007 to translate into euros the financial statements prepared in currencies other
than the euros were as follows:
At At
Average 2008 31 December 2008 Average 2007 31 December 2007
U.S. dollar 1.471 1.392 1.370 1.472
Pound sterling 0.796 0.953 0.684 0.733
Swiss franc 1.587 1.485 1.643 1.655
Polish zloty 3.512 4.154 3.784 3.594
Brazilian real 2.674 3.244 2.670 2.607
Argentine peso 4.679 4.800 4.309 4.667
Fiat Group Consolidated Financial Statements at 31 December 2008 215