Groupe Renault - 2019 Universal Registration Document

04

CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS

FINANCIAL LIABILITIES AND SALES FINANCING DEBTS NOTE 23 Current/non-current breakdown 23 – A –

December 31, 2019

December 31, 2018

Non-current

Current

Total Non-current

Current

Total

(€ million)

Renault SA redeemable shares

281

-

281

277

-

277

Bonds

5,671

613 648 619 115 476

6,284

4,665

581 649 643

5,246

Other debts represented by a certificate Borrowings from credit institutions Lease liabilities in application of IFRS 16  (1) Other interest-bearing borrowings  (2)

-

648 982 723 610

-

649 957

363 608 134

314

 -

 -

 -

210

152

362

FINANCIAL LIABILITIES OF THE AUTOMOTIVE (EXCLUDING AVTOVAZ) SEGMENT (EXCLUDING DERIVATIVES) Derivatives on financing operations of the Automotive (excluding AVTOVAZ) segment TOTAL FINANCIAL LIABILITIES OF THE AUTOMOTIVE (EXCLUDING AVTOVAZ) SEGMENT

7,057

2,471

9,528

5,466

2,025

7,491

49

219

268

42

353

395

7,106

2,690

9,796

5,508

2,378

7,886

Borrowings from credit institutions Other interest-bearing borrowings  (2) (3) Lease liabilities in application of IFRS 16  (1) Other non-interest-bearing borrowings

807

71 (3)

878

667

85

752

-

(3) 16 20

6  -

-

6  -

14

2

 -

-

20 90

15

-

15

FINANCIAL LIABILITIES OF AVTOVAZ (EXCLUDING DERIVATIVES) TOTAL FINANCIAL LIABILITIES OF THE AUTOMOTIVE SEGMENT INCLUDING AVTOVAZ

821

911

688

85

773

7,927

2,780

10,707

6,196

2,463

8,659

Diac redeemable shares and subordinated loans  (4)

867

-

867

13

-

13

Bonds

- - - -

18,825

18,825

- - - -

18,902

18,902

Other debts represented by a certificate Borrowings from credit institutions

5,114 5,480

5,114 5,480

4,527 4,931

4,527 4,931

Other interest-bearing borrowings, including lease liabilities  (5) FINANCIAL LIABILITIES AND DEBTS OF THE SALES FINANCING SEGMENT (EXCLUDING DERIVATIVES) Derivatives on financing operations of the Sales Financing segment FINANCIAL LIABILITIES AND DEBTS OF THE SALES FINANCING SEGMENT TOTAL FINANCIAL LIABILITIES OF THE AUTOMOTIVE SEGMENT INCLUDING AVTOVAZ, AND FINANCIAL LIABILITIES AND DEBTS OF THE SALES FINANCING SEGMENT

17,954

17,954

16,053

16,053

867

47,373

48,240

13

44,413

44,426

-

92

92

-

82

82

867

47,465

48,332

13

44,495

44,508

8,794 53,167 The effects of first application of IFRS 16 “Leases” under the simplified retrospective approach are presented in note 2-A2. Lease liabilities are now presented separately for (1) the Automotive segments. The financial liability recognized at December 31, 2019 in application of IAS 16 for leases analysed in substance as purchases amounts to €26 million. Other interest-bearing (2) borrowings at December 31, 2018 included finance lease liabilities of the Automotive (excluding AVTOVAZ) and AVTOVAZ segments, amounting to €74 million and €4 million respectively. Figures are represented after elimination of intra-Group transactions. The negative figure reported for Other interest-bearing borrowings at December 31, 2019 is thus (3) explained by elimination of the cash loaned by AVTOVAZ to the Automobile (excluding AVTOVAZ) segment. Intra-Group transactions between the Automotive (excluding AVTOVAZ) and AVTOVAZ segments are presented in the consolidated financial position by segment in section 4.2.6.1-A2. The AVTOVAZ financial lease liability amounts to €16 million at December 31, 2019 (€3 million at December 31, 2018). Including subordinated loans of RCI Banque, amounting to €850 million at December 31, 2019. (4) Including lease liabilities of the Sales Financing segment, amounting to €53 million at December 31, 2019. (5) 50,245 59,039 6,209 46,958

394 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019

Find out more at www.groupe.renault.com