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

RENAULT SA ANNUAL FINANCIAL STATEMENTS

BALANCE SHEET – ASSETS

2019

2018

Depreciation, amortization & provisions

Gross

Net

Net

(€ million)

Investments stated at equity

11,335

11,335

11,717

Other investments and financial assets (NOTE 4.4.2.8) Advances to subsidiaries and affiliates (Note 4.4.2.9)

7,095

282

6,813

7,073

12,740 31,170 31,170

12,740 30,888 30,888

11,877 30,667 30,667

FINANCIAL ASSETS TOTAL FIXED ASSETS

282 282

RECEIVABLES (NOTE 4.4.2.11)

432 328

432 326

722 394

MARKETABLE SECURITIES (NOTE 4.4.2.10)

2

CASH AND CASH EQUIVALENTS OTHER ASSETS (NOTE 4.4.2.11)

76

76

31

04

202

202

151

TOTAL ASSETS

32,208

284

31,924

31,965

BALANCE SHEET – SHAREHOLDERS’ EQUITY AND LIABILITIES (€ million)

2019 1,127 4,782 5,520

2 018 1,127 4,782 5,901

Share capital Share premium

Equity valuation difference Legal and tax basis reserves

113

113

Retained earnings

8,864

8,173 1,726

Net income

383

SHAREHOLDERS’ EQUITY (NOTE 4.4.2.12) REDEEMABLE SHARES (NOTE 4.4.2.13)

20,789

21,822

130 319

130 382

PROVISIONS FOR RISKS AND LIABILITIES (NOTE 4.4.2.14)

Bonds

6,310

5,240

Borrowings from credit institutions Other loans and financial debts

442

306

3,214 9,966

3,297 8,844

FINANCIAL LOANS AND FINANCIAL DEBTS (NOTE 4.4.2.15)

OTHER LIABILITIES (NOTE 4.4.2.16)

692

747

UNREALIZED GAINS ON FINANCIAL INSTRUMENTS (NOTE 4.4.2.17)

10 18

3

DEFERRED INCOME (NOTE 4.4.2.18)

37

TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 31,965 In 2019, foreign exchange differences on instruments hedging borrowings in yen and treasury notes in US dollars are included in forward financial instruments instead of in Other assets and Deferred income (translation adjustments) as previously. For comparison purposes, the 2018 figures have been adjusted accordingly with a €3 million reclassification between these accounts. 31,924

STATEMENT OF CHANGES IN CASH FLOW (€ million)

2019

2018 1,752

Cash flow (Note 4.4.2.21)

595 241 836

Change in working capital requirements

99

CASH FLOW FROM OPERATINOTE NG ACTIVITIES Net decrease / (increase) in other investments Net decrease / (increase) in loans Net decrease / (increase) in marketable securities CASH FLOW FROM INVESTING ACTIVITIES

1,852

(863)

(268)

56

91

(807) 1,557 (563)

(177) 1,895

Bond issues

Bond redemptions

(1,433) (1,126) (1,027)

Net increase / (decrease) in other interest-bearing borrowings

69

Dividends paid to shareholders

(1,035)

Bond issuance expenses and redemption premiums CASH FLOW FROM FINANCING ACTIVITIES CASH AND CASH EQUIVALENTS: OPENING BALANCE Increase / (decrease) in cash and cash equivalents CASH AND CASH EQUIVALENTS: CLOSING BALANCE*

(15)

(10)

13 31 42 73

(1,701)

57

(26)

31

The figures €3 million in bank overdrafts *

425

GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2019