Groupe Renault - 2020 Universal Registration Document

GROUPE RENAULT: A COMPANY THAT ACTS RESPONSIBLY

ANNUAL GENERAL MEETING OF RENAULT ON APRIL 23, 2021

FINANCIAL STATEMENTS

GROUPE RENAULT

CORPORATE GOVERNANCE

RENAULT AND ITS SHAREHOLDERS

ADDITIONAL INFORMATION

CONSOLIDATED FINANCIAL STATEMENTS

Consolidated cash flows by operating segment A3

Automotive (excluding AVTOVAZ) AVTOVAZ

Intra- Automotive Transactions

Inter- segment transactions

TOTAL AUTOMOTIVE

Sales Financing

Mobility Services

CONSOLIDATED TOTAL

(€ million)

2020 Net income (1)

(8,581)

(196)

1

(8,776)

789

(63)

4

(8,046)

Cancellation of dividends received from unconsolidated listed investments Cancellation of income and expenses with no impact on cash Depreciation, amortization and impairment Other income and expenses with no impact on cash, before interest and tax Dividends received from unlisted associates and joint ventures Cash flows before interest and tax (2) Dividends received from listed companies (3) Decrease (increase) in Sales Financing receivables Net change in financial assets and Sales Financing debts Share in net (income) loss of associates and joint ventures

(11)

-

-

(11)

-

-

-

(11)

4,571

80

-

4,651

83

16

-

4,750

5,160

-

-

5,160

(19)

4

-

5,145

04

754

317

-

1,071

452

14

(24)

1,513

3

2

-

5

-

-

-

5

1,896

203

1

2,100

1,305

(29)

(20)

3,356

11

- - - -

- - - -

11

-

- - - -

-

11

- -

- -

2,837 2,154

270 (98)

3,107 2,056 (929)

Change in capitalized leased assets Change in working capital before tax

(839)

(839)

(90) 180

-

(1,527)

233

(78)

(1,372)

2

(2)

(1,192)

CASH FLOWS FROM OPERATING ACTIVITIES BEFORE INTEREST AND TAX

(459)

436

(77)

(100)

6,386

(27)

150

6,409

Interest received

51

22

(4)

69

- -

2

-

71

Interest paid

(297) (127) (832)

(81)

4

(374) (135) (540)

- -

22

(352) (375)

Current taxes (paid)/received

(8)

-

(240) 6,146

-

CASH FLOWS FROM OPERATING ACTIVITIES 5,753 Dividends paid by the Sales Financing segment to the Automotive segments are included in the net income of the Automotive (excluding AVTOVAZ) segment. No dividend (1) was paid in 2020. Cash flows before interest and tax do not include dividends received from listed companies. (2) Dividends received from Daimler (€11 million). (3) 369 (77) (25) 172

Automotive (excluding AVTOVAZ) AVTOVAZ

Intra- Automotive Transactions

Inter- segment transactions

TOTAL AUTOMOTIVE

Sales Financing

Mobility Services

CONSOLIDATED TOTAL

(€ million)

2020 CASH FLOWS FROM OPERATING ACTIVITIES

(832)

369 (74)

(77)

(540)

6,146

(25) (11)

172

5,753

Purchases of intangible assets

(1,412) (2,602)

-

(1,486) (2,701)

(3) (7)

- -

(1,500) (2,708)

Purchases of property, plant and equipment Disposals of property, plant and equipment and intangibles Acquisitions and disposals of investments involving gain or loss of control, net of cash acquired Acquisitions and disposals of other investments and other Net decrease (increase) in other securities and loans of the Automotive segments CASH FLOWS FROM INVESTING ACTIVITIES Net change in financial liabilities of the Automotive segments CASH FLOWS FROM FINANCING ACTIVITIES INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS Cash flows with shareholders

(182)

83

-

187

6

(6)

187

-

-

-

187

-

-

-

-

-

-

-

-

(281)

-

-

(281)

-

(23)

29

(275)

42

2

(2) 75

42

-

(2)

17 46

57

(4,066)

(248)

(4,239)

(10) (11)

(36)

(4,239)

(44)

-

-

(44)

29

(29)

(55)

5,476 5,432

437 437

(143) (143)

5,770 5,726

-

23 52

(133) (162)

5,660 5,605

(11)

534

558

(145)

947

6,125

(9)

56

7,119

Automotive (excluding AVTOVAZ) AVTOVAZ

Intra- Automotive Transactions

Inter- segment transactions

TOTAL AUTOMOTIVE

Sales Financing

Mobility services

CONSOLIDATED TOTAL

(€ million)

2020 CASH AND CASH EQUIVALENTS: OPENING BALANCE Increase (decrease) in cash and cash equivalents Effect of changes in exchange rate and other changes CASH AND CASH EQUIVALENTS: CLOSING BALANCE

12,231

70

(3)

12,298

2,762 6,125 (149) 8,738

-

(78)

14,982

56 17 (5)

7,119 (404)

534

558 (70) 558

(145)

947

(9) 24 15

(241)

15

(296)

12,524

(133)

12,949

21,697

349

GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020