PSA - 2019 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2019 Consolidated Statements of Income

The consolidated financial statements of GroupePSAarepresented for the yearsended 31 December 2019, 2018 and2017.

CONSOLIDATED STATEMENTS OF INCOME 5.1.

Notes

2019 (1)

2018 2017 restated (2)

(in million euros)

Continuing operations Revenue

74,731

74,027 (59,233) (6,623) (2,482)

62,256

5.1

Cost of goods and services sold

(59,083)

(49,872) (6,253)

Selling, general and administrative expenses Research and development expenses

(6,472) (2,852)

5.3 5.4 5.5 5.6

(2,153)

Restructuring costs Impairment of CGUs

(1,531) (283)

(1,051) (299)

(951) (96)

Other operating income (expense)

158

61

143

Operating income (loss)

4,668

4,400

3,074

Financial income Financial expenses

192

188

167

(536) (344) 4,324 (816)

(634) (446) 3,954 (1,008)

(405) (238) 2,836 (565) (134) (699)

Net financial income (expense)

12.2

Income (loss) before tax of fully consolidated companies

Current taxes Deferred taxes Income taxes

100

393

(716)

(615) (44) 3,295 2,827

14

Share in net earnings of equity method investments Consolidated profit (loss) from continuing operations

11.3

(24)

217

3,584 3,201

2,354

Attributable to Owners of the parent Attributable to Non controlling interests

1,931 423

383

468

Consolidated profit (loss) from discontinued operations CONSOLIDATED PROFIT (LOSS) FOR THE PERIOD

-

-

(7)

3,584 3,201

3,295 2,827

2,347 1,924

Attributable to Owners of the parent Attributable to Non controlling interests

383

468

423

Notes

2019  (1)

2018 2017 restated  (2)

(in euros)

Basic earnings per €1 par value share of continuing operations - attributable to Owners of the parent

3.58

3.16

2.18

Basic earnings per €1 par value share - attributable to Owners of the parent

3.58

3.16

2.17

Diluted earnings per €1 par value share of continuing operations - attributable to Owners of the parent

3.40

3.01

2.05

Diluted earnings per €1 par value share - attributable to Owners of the parent

3.40

3.01

2.04

The effects of IFRS 16 application are described in Note 2.3. (1) These financial statements have been restated due to first time application of IFRS 15. (2)

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PSA - GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT