FFP_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS

Consolidated financial statements

28.5 CREDIT RISK MANAGEMENT

financial institutions. Investment products are selected with the aim of minimising the risk of impairment and counterparty risk.

The amount of receivables on the balance sheet is small and represents a very limited risk. Short-term cash investments only comprise units in regular money- market UCITS and negotiable debt instruments issued by top-tier

NOTE 29

SEGMENT REPORTING

information presented below is based on figures in each of FFP’s business areas, with “Other segments” covering the real-estate and winemaking businesses. The “Reconciliation” column shows the unallocated amounts in each segment that allow segment figures to be reconciled with the financial statements.

FFP is one of the three largest shareholders in Peugeot SA and is a long-term shareholder in other companies. Its business activities also involve financial investments and cash management, as well as real-estate and winemaking activities, which remain marginal in terms of their contribution to revenue, profits and risks. The

29.1 2017 SEGMENT REPORTING

PSA Peugeot Citroën group

Net cash / (debt)

Other segments Reconciliation

Investments

Total

(in thousands euros)

Dividends

40,475

36,578 153,084

- - - - - - - -

- -

- - - - - - - -

77,053 153,084

Net disposal gains

- - - - - - -

Unrealised gains and losses

-

(144) 5,024 4,880

(144) 5,024

5 .1

Business revenue

Revenue

40,475

189,662

235,017 (20,510)

General administrative expenses

(4,779)

(4,421)

(11,310)

Cash management income

-

- -

-

Impairment of available-for-sale securities

(4,446)

(4,446) (13,063) 196,998 20,860 217,858

Cost of debt

-

(12,840) (12,840)

(223)

Pre-tax profit from consolidated companies

40,475

180,437 20,860 201,297

236

(11,310)

Share in profit of associates Consolidated pre-tax profit

-

-

-

-

40,475

(12,840)

236

(11,310)

Income tax

-

-

-

-

3,751

3,751

CONSOLIDATED NET PROFIT Segment assets Intangible assets and property, plant and equipment

40,475

201,297

(12,840)

236

(7,559)

221,609

34,146

779

34,925

-

-

- -

Non-current financial assets

1,429,699

2,916,564

23

548 4,346,834

Of which investments in companies accounted for under the equity method

- - -

248,140

-

-

-

248,140

Deferred tax assets Current assets TOTAL ASSETS

509

1,531

56

2,419 9,475

4,515

-

16,768 18,299

11,487 45,712

37,730

1,429,699

2,917,073

13,221 4,424,004

Segment equity and liabilities Non-current financial liabilities Current financial liabilities

47,000

342,656

419,429

7,718 3,502

- -

816,803

3,260

6,769

7

- -

Equity including non-controlling interests

-

- -

-

3,508,981 3,508,981

Other liabilities

31,249 78,256

46,172 388,828 95,205

8,369

5,661

91,451

TOTAL EQUITY AND LIABILITIES

422,689

19,589 1,572

3,514,642 4,424,004

NET INVESTMENT

-

-

102 96,879

161

FFP

2017 REGISTRATION DOCUMENT