NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued) NOTE 12—RELATED PARTY TRANSACTIONS In the course of settling money transfer transactions, we purchase foreign currency from Consultoria Internacional Casa de Cambio (“CISA”), a Mexican company partially owned by certain of our employees.
As of March 31, 2008, Mr.  Raúl Limón Cortes, a 10% shareholder of CISA, was no longer an employee, and we no longer considered CISA a related party.
We purchased 6.1 billion Mexican pesos for $560.3 million during the ten months ended March 31, 2008 and 8.1 billion Mexican pesos for $736.0 million during fiscal 2007 from CISA.
We believe these currency transactions were executed at prevailing market exchange rates.
Also from time to time, money transfer transactions are settled at destination facilities owned by CISA.
We incurred related settlement expenses, included in cost of service in the accompanying consolidated statements of income of $0.5 million in the ten months ended March 31, 2008.
In fiscal 2007 and 2006, we incurred related settlement expenses, included in cost of service in the accompanying consolidated statements of income of $0.7 and $0.6 million, respectively.
In the normal course of business, we periodically utilize the services of contractors to provide software development services.
One of our employees, hired in April 2005, is also an employee, officer, and part owner of a firm that provides such services.
The services provided by this firm primarily relate to software development in connection with our planned next generation front-end processing system in the United States.
During fiscal 2008, we capitalized fees paid to this firm of $0.3 million.
As of May 31, 2008 and 2007, capitalized amounts paid to this firm of $4.9 million and $4.6 million, respectively, were included in property and equipment in the accompanying consolidated balance sheets.
In addition, we expensed amounts paid to this firm of $0.3 million, $0.1 million and $0.5 million in the years ended May 31, 2008, 2007 and 2006, respectively.
NOTE 13—COMMITMENTS AND CONTINGENCIES Leases We conduct a major part of our operations using leased facilities and equipment.
Many of these leases have renewal and purchase options and provide that we pay the cost of property taxes, insurance and maintenance.
Rent expense on all operating leases for fiscal 2008, 2007 and 2006 was $30.4 million, $27.1 million, and $24.4 million, respectively.
Future minimum lease payments for all noncancelable leases at May 31, 2008 were as follows:
## Table 0 ##
Legal We are party to a number of other claims and lawsuits incidental to our business.
In the opinion of management, the reasonably possible outcome of such matters, individually or in the aggregate, will not have a material adverse impact on our financial position, liquidity or results of operations.
The Company’s unrecognized income tax benefits activity for fiscal 2013 and 2012 are as follows:
## Table 1 ##
The Company’s policy is to include accrued interest and penalties related to unrecognized tax benefits and income tax liabilities, when applicable, in income tax expense.
As of September 28, 2013 and September 29, 2012, accrued interest was $3.6 million and $2.6 million, respectively.
As of September 28, 2013, no penalties have been accrued.
The Company and its subsidiaries are subject to various federal, state, and foreign income taxes.
The Company’s U. S.  Federal income tax returns are no longer subject to examination prior to fiscal year 2010.
State income tax returns are generally no longer subject to examination prior to fiscal year 2009.
The Internal Revenue Service commenced its examination of the Company’s consolidated federal income tax return for fiscal 2011 in July 2013.
The Company is also undergoing a tax examination in Germany for fiscal years 2008 through 2010.
In November 2013, the IRS notified the Company that Gen Probe’s consolidated federal income tax returns for calendar years 2010 through the 2012 acquisition date were selected for examination.
The Company has a tax holiday in Costa Rica that currently does not materially impact its effective tax rate and is scheduled to expire in 2015.
The Company intends to reinvest, indefinitely, approximately $33.4 million in unremitted foreign earnings.
It is not practical to estimate the additional taxes that may be payable upon repatriation.9.
Stockholders’ Equity and Stock-Based Compensation Stockholder Rights Agreement On November 20, 2013, the Company’s Board of Directors declared a dividend of one preferred share purchase right (a “Right”) for each outstanding share of common stock, par value $0.01 per share, of the Company, to purchase from the Company one ten-thousandth of a share of newly designated Series A Junior Participating Preferred Stock, par value $0.01 per share, of the Company (the “Preferred Stock”) at a price of $107.00 per one ten-thousandth of a share of Preferred Stock, subject to adjustment as provided in the Rights Agreement.
The dividend is payable to stockholders of record at the close of business on December 2, 2013 (the “Record Date”).
The description and terms of the Rights are set forth in a Rights Agreement, dated as of November 21, 2013, as the same may be amended from time to time (the “Rights Agreement”), between the Company and American Stock Transfer & Trust Company, LLC, as Rights Agent.
The Rights Agreement became effective on November 21, 2013 (the “Effective Date”).
Upon and following the Effective Date, Rights will be issued in respect of all outstanding shares of Common Stock on the Record Date, and for all shares of Common Stock issued after the Record Date and, subject to the terms described in the Rights Agreement, prior to the earliest of the Distribution Date (as defined in the Rights Agreement), the redemption of the Rights or the expiration of the Rights.
See table below for a reconciliation of acquisition/disposition related items:
## Table 2 ##
(5)  Market movement on deferred compensation plan liabilities Certain deferred compensation plan awards involve a return to the employee linked to the appreciation (depreciation) of specified investments, typically the funds managed by the employee.
Invesco hedges economically the exposure to market movements by holding these investments on its balance sheet.
U. S.  GAAP requires the appreciation (depreciation) in the compensation liability to be expensed over the award vesting period in proportion to the vested amount of the award as part of compensation expense.
The full value of the investment appreciation (depreciation) is immediately recorded below operating income in other gains and losses.
This creates a timing difference between the recognition of the compensation expense and the investment gain or loss impacting net income attributable to Invesco Ltd.  and diluted EPS which will reverse over the life of the award and net to zero at the end of the multi-year vesting period.
During periods of high market volatility these timing differences impact compensation expense, operating income and operating margin in a manner which, over the life of the award, will ultimately be offset by gains and losses recorded below operating income on the Consolidated Statements of Income.
The non-GAAP measures exclude the mismatch created by differing U. S.  GAAP treatments of the market movement on the liability and the investments.
Since these plans are hedged economically, management believes it is useful to reflect the offset ultimately achieved from hedging the investment market exposure in the calculation of adjusted operating income (and by calculation, adjusted operating margin) and adjusted net income (and by calculation, adjusted diluted EPS), to produce results that will be more comparable period to period.
The related fund shares will have been purchased on or around the date of grant, eliminating any ultimate cash impact from market movements that occur over the vesting period.
Additionally, dividend income from investments held to hedge economically deferred compensation plans is recorded as dividend income and as compensation expense on the company’s Consolidated Statements of Income on the record dates.
This dividend income is passed through to the employee participants in the plan and is not retained by the company.
The non-GAAP measures exclude this dividend income and related compensation expense.

<table><tr><td></td><td>Operating Leases</td></tr><tr><td>2009</td><td>$22,883</td></tr><tr><td>2010</td><td>16,359</td></tr><tr><td>2011</td><td>11,746</td></tr><tr><td>2012</td><td>5,277</td></tr><tr><td>2013</td><td>3,365</td></tr><tr><td>Thereafter</td><td>7,816</td></tr><tr><td>Total future minimum lease payments</td><td>$67,446</td></tr></table>
<table><tr><td></td><td>2013</td><td>2012</td></tr><tr><td>Balance at beginning of fiscal year</td><td>$53,148</td><td>$31,026</td></tr><tr><td>Tax positions related to current year:</td><td></td><td></td></tr><tr><td>Additions</td><td>64,992</td><td>11,673</td></tr><tr><td>Reductions</td><td>—</td><td>—</td></tr><tr><td>Tax positions related to prior years:</td><td></td><td></td></tr><tr><td>Additions related to change in estimate</td><td>3,317</td><td>1,327</td></tr><tr><td>Reductions</td><td>-363</td><td>307</td></tr><tr><td>Payments</td><td>-621</td><td>-197</td></tr><tr><td>Lapses in statutes of limitations and settlements</td><td>-2,323</td><td>-4,144</td></tr><tr><td>Acquired tax positions:</td><td></td><td></td></tr><tr><td>Additions related to reserves acquired from acquisitions</td><td>3,676</td><td>13,156</td></tr><tr><td>Balance as of the end of the fiscal year</td><td>$121,826</td><td>$53,148</td></tr></table>
<table><tr><td>$ in millions</td><td>2015</td><td>2014</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>Acquisition/disposition related:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Employee compensation expense</td><td>—</td><td>—</td><td>2.4</td><td>—</td><td>15.0</td></tr><tr><td>Transaction and integration expense</td><td>—</td><td>—</td><td>3.2</td><td>8.2</td><td>29.4</td></tr><tr><td>Intangible amortization expense</td><td>10.6</td><td>12.6</td><td>15.4</td><td>25.5</td><td>35.5</td></tr><tr><td>Change in contingent consideration estimates</td><td>—</td><td>—</td><td>—</td><td>-2.3</td><td>-13.2</td></tr><tr><td>Other acquisition-related items</td><td>2.2</td><td>—</td><td>2.0</td><td>—</td><td>—</td></tr><tr><td>Adjustments to operating income</td><td>12.8</td><td>12.6</td><td>23.0</td><td>31.4</td><td>66.7</td></tr><tr><td>Gain on sale of CLO management contracts</td><td>—</td><td>—</td><td>—</td><td>-8.3</td><td>—</td></tr><tr><td>Change in contingent consideration estimates</td><td>-27.1</td><td>—</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Taxation:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Taxation on transaction and integration</td><td>—</td><td>—</td><td>-1.3</td><td>-3.1</td><td>-11.2</td></tr><tr><td>Taxation on amortization</td><td>-1.5</td><td>-1.6</td><td>-1.5</td><td>-2.6</td><td>-4.4</td></tr><tr><td>Deferred taxation</td><td>20.1</td><td>21.8</td><td>21.3</td><td>20.1</td><td>21.1</td></tr><tr><td>Taxation on change in contingent consideration estimates</td><td>10.3</td><td>—</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Taxation on gain on sale of CLO management contracts</td><td>—</td><td>—</td><td>—</td><td>2.5</td><td>—</td></tr><tr><td>Taxation on other acquisition-related items</td><td>-0.6</td><td>—</td><td>-0.8</td><td>—</td><td>—</td></tr><tr><td>(Income)/loss from discontinued operations, net of taxes</td><td>—</td><td>3.4</td><td>-64.5</td><td>-18.1</td><td>-9.9</td></tr><tr><td>Adjustments to net income attributable to Invesco Ltd.</td><td>14.0</td><td>36.2</td><td>-23.8</td><td>21.9</td><td>62.3</td></tr></table>

Question: what is the exchange rate pesos to dollar in 2008?