Groupe Renault - 2020 Universal Registration Document

04

CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS

Information by operating segment A - Consolidated income statement by operating segment A1

Automotive (excluding AVTOVAZ) (1) AVTOVAZ (1)

Intra- Automotive Transactions

TOTAL AUTOMOTIVE

Sales Financing

Mobility Services

Intersegment transactions

CONSOLIDATED TOTAL

(€ million)

2020 External sales

37,736

2,581

-

40,317

3,138

19

-

43,474

Intersegment sales Sales by segment Operating margin (2) (3)

95

651

(651) (651)

95

21

1

(117) (117)

-

37,831 (1,452) (3,061)

3,232

40,412 (1,311) (2,931)

3,159 1,007

20

43,474

140 129 (52)

1 1

(35) (60)

2 2

(337)

Operating income

990 (15)

(1,999)

(414)

-

(466)

(1)

-

(482)

Financial income (expenses) (4)

Share in net income (loss) of associates and joint-ventures

(5,161) (8,636)

-

-

(5,161) (8,558)

19

(3)

-

(5,145) (7,626)

Pre-tax income

77

1

994

(64)

2 2 4

Current and deferred taxes

55

(273) (196)

-

(218)

(205)

1

(420)

NET INCOME (8,046) External sales by the Automotive (excluding AVTOVAZ) segment include sales to the AVTOVAZ group, which amount to €218 million in 2020, and these sales are thus (1) included in the AVTOVAZ segment’s intersegment transactions. Details of amortization, depreciation and impairment are provided in the statement of consolidated cash flows by operating segment. (2) The Automotive (excluding AVTOVAZ) segment’s contribution to the operating margin after elimination of intersegment transactions amounts to -€1,450 million in 2020. (3) Dividends paid by the Sales Financing segment to the Automotive segments are included in the Automotive segments’ financial income and eliminated in the intersegment (4) transactions. No dividend was paid in 2020. (8,581) 1 (8,776) 789 (63)

Automotive (excluding AVTOVAZ) (1) AVTOVAZ (1)

Intra- Automotive Transactions

TOTAL AUTOMOTIVE

Sales Financing

Mobility Services

Intersegment transactions

CONSOLIDATED TOTAL

(€ million)

2019 External sales

49,002

3,130

-

52,132

3,405

- - - - - - - - - -

-

55,537

Intersegment sales Sales by segment Operating margin (2) Operating income

105

774

(774) (774)

105

18

(123) (123)

-

49,107

3,904

52,237

3,423 1,223 1,294

55,537

1,289

156 130

(1) (1)

1,444

(5)

2,662 2,105 (442) (190) 1,473

762 179

891

(80)

(111)

-

68

(10)

(500)

Financial income (expenses) (3)

Share in net income (loss) of associates and joint ventures

(213)

2

-

(211)

21

-

Pre-tax income

728

21 51 72

(1)

748

1,305 (383)

(580)

Current and deferred taxes

(1,122)

-

(1,071)

-

(1,454)

NET INCOME 19 External sales by the Automotive (excluding AVTOVAZ) segment include sales to the AVTOVAZ group, which amount to €246 million in 2019, and these sales are thus (1) included in the AVTOVAZ segment’s intersegment transactions. Details of amortization, depreciation and impairment are provided in the statement of consolidated cash flows by operating segment. (2) Dividends paid by the Sales Financing segment to the Automotive segments are included in the Automotive segments’ financial income and eliminated in the intersegment (3) transactions. They amounted to €500 million in 2019. (394) (1) (323) 922 (580)

346 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020

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