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

 December 31, 2019

Fair value level of financial assets at fair value

Balance sheet value

Equity instruments at fair value through other components of compre-

Debt instruments at fair value through other components of compre-

Fair value through profit

Equity instruments valued under the applicable standard

Fair value of financial assets at amortized cost

Fair value of hedging instru- ments

FINANCIAL ASSETS AND OTHER ASSETS (€ million)

and loss

hensive income

hensive income

Amortized cost

Level  1

Level  2

Level  3

Notes

Sales financing receivables

15 16 17 17 22 22 22

- - - - - - -

- - - - - - -

- - - - - - -

- - - - - - -

- - - - - - -

45,374 45,276  (1)

Automotive customer receivables

1,258 2,305 2,795

(2)

Tax receivables (including current taxes due) Other receivables and prepaid expenses

(2)

04

(2)

Loans

770

(2)

Cash equivalents

3,690 6,607

(2)

Cash

(2)

TOTAL FINANCIAL ASSETS RECORDED AT AMORTIZED COST Derivatives on operating transactions of the Automotive segments Derivatives on financing operations of the Sales Financing segment Investments in non-controlled entities Marketable securities and negotiable debt instruments Derivatives on financing operations by the Automotive segments TOTAL FINANCIAL ASSETS AT FAIR VALUE THROUGH EQUITY Derivatives on operating transactions of the Automotive segments Derivatives on financing operations of the Sales Financing segment Investments in non-controlled entities Marketable securities and negotiable debt instruments Derivatives on financing operations of the Automotive segments TOTAL FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT AND LOSS Investments in unconsolidated controlled entities TOTAL UNCONSOLIDATED EQUITY INSTRUMENTS VALUED UNDER THE APPLICABLE STANDARD Cash equivalents Cash equivalents

-

-

-

-

-

62,799

17

-

10

-

-

-

-

-

10

-

17 22

- -

36

-

- -

- -

- -

-

36

-

-

812

812

-

--

22

-

-

-

1,285

-

-

1,285

-

-

22 22

- -

- -

- -

-

- -

- -

-

- -

- -

102

102

-

46

812

1,387

-

-

2,199 46

-

17

-

-

-

-

-

-

-

-

-

17 22

2

139

- -

- -

- -

- -

- -

141

-

66

-

-

66

22

-

-

-

90

-

-

90

-

-

22 22

265

- -

- - - -

- -

- -

- - - -

-

265

- -

4,583

4,583

-

4,916

139

90

-

4,673 406 66

17

-

-

-

105

-

-

-

-

105

-

TOTAL FINANCIAL ASSETS 6,872 452 66 The fair value of sales financing receivables is estimated by discounting future cash flows at rates that would be applicable to similar loans (conditions, maturity and debtor (1) quality) at the year-end. Receivables with a term of less than one year are not discounted, as their fair value does not differ significantly from their net book value. This is a level 3 fair value, as it uses recognized models for which certain significant data, such as the credit risk associated with the portfolio of receivables, are not based on observable market data. The Group does not report the fair value of financial assets such as Automotive customer receivables, tax receivables or cash and cash equivalents because their net book (2) value after impairment is a reasonable approximation of their fair value. 4,916 185 812 1,477 105 62,799

399

GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019