Groupe Renault - 2019 Universal Registration Document

RENAULT: A RESPONSIBLE COMPANY

ANNUAL GENERAL MEETING OF RENAULT ON APRIL 24, 2020

FINANCIAL STATEMENTS

GROUPE RENAULT

CORPORATE GOVERNANCE

RENAULT AND ITS SHAREHOLDERS

ADDITIONAL INFORMATION

CONSOLIDATED FINANCIAL STATEMENTS

Property, plant and equipment 10 – B – Changes in 2019 in property, plant and equipment were as follows:

Acquisitions/ (depreciation and impairment)

Change in scope of consolidation

(Disposals)/ reversals

Translation adjustments

and other  (1) December 31, 2019

December 31, 2018

(€ million)

Land

571

12

(4)

2 7

73 82

654

Buildings

6,623

189

(50)

6,851

Specific tools

16,831 12,793

1,185

(227) (287) (973)

(52) (17)

249 318

17,986 13,628

Machinery and other tools

821

Fixed assets leased to customers

3,734

1,752

15 (2)

-

4,528

Other tangibles

914

70

(29)

25

978 870

Right-of-use assets

- - - -

117

(1)

5 1 3 1

749

04

Land P

3

-

10

14

Buildings P

103

(1)

704

809

Other assets P

11

-

35

47

Construction in progress  (2)

2,116

758

(1)

21

(391) 1,105

2,503

Gross value

43,582

4,904

(1,572)

(21)

47,998

Land Buildings

(4,226) (14,240) (9,069)

(259)

41

3

(23) (78) (63)

(4,464) (15,069) (9,547)

Specific tools

(1,003)

225 270 282

27 16 (5) 69

Machinery and other tools

(701) (419)

Fixed assets leased to customers

(831) (912)

5

(968) (914) (136)

Other tangibles

(53)

18

(36) (22)

Right-of-use assets

- - - - -

(114)

- - - - -

- - - - -

Land P

(1)

-

(1)

Buildings P

(103)

(15)

(118)

Other assets P

(10)

(7)

(17)

Construction in progress

-

-

-

Depreciation and impairment  (3)

(29,278)

(2,549)

836

110

(217)

(31,098)

Land

571

12

(4) (9) (2)

2

73 59

654

Buildings

2,397 2,591 3,724 2,903

(70) 182 120

10

2,387 2,917 4,081 3,560

Specific tools

(25)

171 255

Machinery and other tools

(17)

(1) 10 67

Fixed assets leased to customers

1,333

(691)

5

Other tangible

2

17

(11)

(11) 727

64

Right-of-use assets

- - - -

3 2

(1)

5 1 3 1

734

Land P

-

10

13

Buildings P

-

(1)

689

691

Other assets P

1

-

28

30

Construction in progress  (2)

2,116

758

(1)

21 89

(391)

2,503

NET VALUE

14,304

2,355

(736)

888

16,900

Including right-of-use assets following first application of IFRS 16. Details of the impacts of this standard are given in note 2-A2. (1) Items classified as “construction in progress” are transferred to completed asset categories via “acquisitions/(depreciation and impairment)”. (2) Depreciation and impairment in 2019 include impairment of €33 million, mainly concerning vehicles (including components) (see note 6-B). (3) Changes in property, plant and equipment in 2018 were as follows:

Gross value

Depreciation and impairment

Net value

(€ million)

Value at December 31, 2017

41,343

(27,761) (2,294)

13,582

Acquisitions/(depreciation and impairment)  (1)

4,029

1,735 (809) (344)

(Disposals)/reversals Translation adjustments

(1,506)

697 312

(656)

Change in scope of consolidation and other  (2)

372

(232)

140

Value at December 31, 2018

43,582

(29,278)

14,304

Including €234 million of impairment on property, plant and equipment. (1) This includes right-of-use assets resulting from first application of IFRS 16. Details of the impacts of this standard are given in note 2-A2. (2)

373

GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019