Chrysler 2008 Annual Report Download - page 308

During 2007 changes in Provisions for employee benefits and other current provisions were as follows:
At At
(€ thousands) 31 December 2007 Accruals Utilisations 31 December 2008
Provision for indemnities 18,000 – (18,000) –
Restructuring provision 1,890 – (1,890) –
Provision for employee bonuses 6,901 128 (6,901) 128
Total Provisions for employee benefits and other current provisions 26,791 128 (26,791) 128
24. Trade payables
At 31 December 2008, trade payables amounted to €218,235 thousand, a decrease of €28,260 thousand as compared to 31
December 2007. The balance can be analysed as follows:
At At
(€ thousands) 31 December 2008 31 December 2007 Change
Trade payables to third parties 216,169 240,607 (24,438)
Intercompany trade payables for goods and services 2,066 5,888 (3,822)
Total Trade payables 218,235 246,495 (28,260)
Trade payables to third parties are mainly due to CAV.E.T. and CAV. TO.MI. in relation to the work performed over the latter part of
the year (see Note 15).
Trade payables are due within one year and their carrying amount at the balance sheet date is deemed to approximate their fair
value.
Fiat S.p.A. Statutory Financial Statements at 31 December 2008 307