Groupe Renault - 2019 Universal Registration Document

04

CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS

Detail of balance sheet provision 19 – D – Breakdown of the balance sheet provision D1

December 31, 2019

Present value of the obligation

Fair value of fund assets

Net defined-benefit liability (asset)

(€ million)

Retirement and termination indemnities France

1,347

- - - - - -

1,347

Europe (excluding France)

17

17

Americas

2 3

2 3

Africa - Middle East – India – Asia-Pacific

Eurasia  (1)

54

54

TOTAL RETIREMENT AND TERMINATION INDEMNITIES

1,423

1,423

Supplementary pensions France

85

(65)

20 64

United Kingdom

414 308

(350) (200)

Europe (excluding France and the United Kingdom)  (2)

108

Americas

3 5

- -

3 5

Africa - Middle East – India – Asia-Pacific TOTAL SUPPLEMENTARY PENSIONS

815

(615)

200

Other long-term benefits France  (3) Europe (excluding France)

72

- - - -

72

3 2

3 2

Americas

TOTAL OTHER LONG-TERM BENEFITS

77

77

TOTAL  (4)

2,315

(615)

1,700

Essentially Romania and Turkey. (1) Essentially Germany and Switzerland. (2) Flexible holiday entitlements and long-service awards. (3) Total net liability due within one year: €64 million; total net liability due after one year: €1,636 million. (4)

Schedule of amounts related to net defined-benefit liability D2

December 31, 2019 <1 year 1 to 5 years 5 to 10 years

>10 years

Total 2,315 (615) 1,700

(€ million)

Present value of obligation Fair value of plan assets

73 (9) 64

332 (64) 268

417 (77) 340

1,493 (465) 1,028

Net defined-benefit liability (asset)

The weighted average duration of plans is 15 years at December 31, 2019 (14 years at December 31, 2018).

390 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019

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