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

INVESTMENTS IN OTHER ASSOCIATES AND JOINT-VENTURES NOTE 13 Details of investments in other associates and joint-ventures are as follows in the Group’s financial statements:

2019

2018

(€ million)

Consolidated income statement Share in net income (loss) of other associates and joint-ventures Associates accounted for under the equity method Joint-ventures accounted for under the equity method* Consolidated financial position Investments in other associates and joint-ventures Associates accounted for under the equity method joint-ventures accounted for under the equity method

(432)

31 27

43

(475)

4

610 479 131

856 420

04

436 The loss recorded in 2019 principally corresponds to impairment of investments in joint-ventures accounted for under the equity method: Dongfeng Renault Automotive * Company and Renault Brilliance Jinbei Automotive Company (note 13-C).

Information on the principal other associates and joint-ventures accounted for under the equity method 13 – A –

Percentage ownership and voting rights held by the Group

Investments in other associates and joint-ventures at December 31, 2019

Investments in other associates and joint-ventures at December 31, 2018

December 31, 2019

Country of location Main activity

December 31, 2018

Name

Associates Automotive (excluding AVTOVAZ) Motorlu Araclar Imal ve Satis AS (MAIS)

Turkey

Automotive sales

49%

49%

59

34

Renault Nissan Automotive India Private Limited (RNAIPL)

India

Vehicle manufacturing

30%

30%

210

206

Sales Financing

Automotive sales financing

RN Bank

Russia

30%

30%

84

63

Joint-ventures Automotive (excluding AVTOVAZ) Renault Algérie Production Dongfeng Renault Automotive Company

Algeria

Vehicle manufacturing

49% 50%

49% 50%

22

8

China

Automaker

-

260

Commercial vehicle manufacturing in China Finance for new technology start-ups Driverless vehicle and mobility services Driverless vehicle and mobility services

Renault Brilliance Jinbei Automotive Company

China

49%

49%

-

74

Alliance Ventures b.v.

Netherlands

40%

40%

61

51

Alliance Mobility Company Japan*

Japan

50%

3

Alliance Mobility Company France (1)

France

50%

4

Other non-significant associates and joint-ventures 

167 610

160 856

TOTAL

Newly consolidated companies in 2019. *

The tables below show the total amount of sales and purchases made between the Groupe Renault and the principal other associates and joint-ventures accounted for by the equity method, as well as the Groupe Renault’s balance sheet positions with those entities.

2019

2018

(€ million)

Sales to other associates and joint-ventures

Sales to other associates and joint-ventures

In the consolidated income statement

Purchases

Purchases

Motorlu Araclar Imal ve Satis AS (MAIS)

817

(2)

1,261

12

Renault Nissan Automotive India Private Limited (RNAIPL)

6

(406)

3

(357)

RN Bank

-

(11)

(3)

-

Renault Algérie Production

3

(125)

9

(102)

Dongfeng Renault Automotive Company

67

(30)

206

(7)

379

GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019