Groupe Renault - 2020 Universal Registration Document

04

CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS

December 31, 2020

(€ million)

Automotive receivables

In the consolidated financial position

Financial assets

Other assets Trade payables Other liabilities

Motorlu Araclar Imal ve Satis AS (MAIS)

- -

-

-

7

2

Renault-Nissan Automotive India Private Limited (RNAIPL)

32

192

53

-

RN Bank

60

- -

1

-

1

Renault Algérie Production

- -

- -

1

- -

Dongfeng Renault Automotive Company

4

-

December 31, 2019

(€ million)

Automotive receivables

In the consolidated financial position

Financial assets

Other assets Trade payables Other liabilities

Motorlu Araclar Imal ve Satis AS (MAIS)

-

-

-

5

- -

Renault-Nissan Automotive India Private Limited (RNAIPL)

20 60

53

201

68

RN Bank

-

- - -

-

1 5 3

Renault Algérie Production

- -

40 20

114

Dongfeng Renault Automotive Company

24

Cumulative financial information on other associates accounted for under the equity method 13 - B -

December 31, 2020

December 31, 2019

(€ million)

Investments in associates

380 (24)

479

Share in income (loss) of associates

43

Share of associates in other components of comprehensive income

(203) (227)

1

Share of associates in comprehensive income

44

Cumulative financial information on joint ventures accounted for under the equity method 13 - C -

December 31, 2020

December 31, 2019

(€ million)

Investments in joint ventures

122

131

Share in income (loss) of joint ventures

(151)

(475)

Share of joint ventures in other components of comprehensive income

(37) 202

4

Share of joint ventures in comprehensive income

(471)

The share in net income (loss) of joint ventures includes a -€32 loss by Renault Algérie Production. Due to a review of the rules governing automotive activities in Algeria, this joint venture was not allowed to import the parts required for production of vehicles in 2020. New rules were issued in August 2020 but it was not possible to resume production, and it is currently impossible to estimate a future date of resumption.

The share in net income (loss) of joint ventures also includes a share of the loss by Renault Brilliance Jinbei Automotive Company (including a financial liability of €124 million (RMB 980 million) relating to the capital increase in early 2021 by Renault Brilliance Jinbei Automotive Company, to which the Groupe Renault was committed at December 31, 2020). Nissan-Renault B.V., which is jointly owned with Nissan, is not consolidated as it is not significant.

INVENTORIES NOTE 14

December 31, 2020

December 31, 2019

Gross value Impairment

Net value Gross value Impairment

Net value

(€ million)

Raw materials and supplies

1,665

(276)

1,389

1,724

(290)

1,434

Work in progress

310

(2)

308

330

(7)

323

Used vehicles

1,376 2,882 6,233

(162) (153) (593)

1,214 2,729 5,640

1,465 2,842 6,361

(141) (143) (581)

1,324 2,699 5,780

Finished products and spare parts

TOTAL

380 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020

Find out more at group.renault.com