2007 Reference document (PDF) - Valeo

3 Consolidated
PAGE 134
fi nancial statements at December 31, 2007
Notes to consolidated financial statements
At December 31
(In millions of euros) 2007 2006 2005
Operating receivables 3 4 4
Operating payables 4 1 1
5.8.3. Transactions with joint ventures
The consolidated financial statements include transactions carried out in the normal course of business between the Group and its joint
ventures. These transactions are carried out at market prices.
(In millions of euros) 2007 2006 2005
Sales of goods and services 31 28 25
Purchases of goods and services (9) (11) (9)
Interest and dividends received 6 2 4
At December 31
(In millions of euros) 2007 2006 2005
Operating receivables 15 13 10
Operating payables 6 5 4
5.9. Joint ventures
The following amounts are recorded in the Group’s consolidated financial statements in respect of proportionally consolidated joint
ventures:
At December 31
(In millions of euros) 2007 2006 2005
Non-current assets 70 70 51
Current assets 113 101 86
Non-current liabilities 9 12 15
Current liabilities 107 88 75
Total operating revenues 285 251 334
Total operating expenses 280 244 321
2007 Reference document - VALEO
< Contents >
1
2
3
4
5
6