PSA - 2019 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2019 Consolidated Statements of cash flows

CONSOLIDATED STATEMENTS 5.4. OF CASH FLOWS

Notes

2019 (1) 3,584

2018 2017 restated (2)

(in million euros)

Consolidated profit (loss) from continuing operations

3,295

2,354

Adjustments for non-cash items: depreciation, amortisation and impairment >

16.2

3,717 (97) (139) (190)

2,995

2,754

provisions >

304

220 134

(142) (651)

changes in deferred and current taxes > (gains) losses on disposals and other >

(377)

Net financial expenses (income)

16.3

344

446

238

Dividends received from, net of share in net result of, equity method investments Fair value remeasurement of cash flow hedges Change in carrying amount of leased vehicles

274

189

152

30 50

72

28

226

(90) 5,413

Funds from operations Changes in working capital

7,573

6,734

6.4.A

1,132

1,661

46

Net cash from (used in) operating activities of continuing operations (3) Proceeds from disposals of shares in consolidated companies and of investments in non-consolidated companies Acquisitions of consolidated subsidiaries and equity method investments Proceeds from disposals of property, plant and equipment and of intangible assets

8,705

8,395

5,459

51

38

85

(1,293)

(713)

(1,095)

298

509

323

Investments in property, plant and equipment

8.2.B 8.1.B

(2,765) (2,146)

(2,510) (2,061)

(2,351) (1,947)

Investments in intangible assets

Change in amounts payable on fixed assets

(160)

(198)

(239)

Other

43

196

68

Net cash from (used in) investing activities of continuing operations

(5,972)

(4,739)

(5,156)

Dividends paid: to Peugeot S.A. shareholders >

(697) (133)

(474) (143)

(431) (135)

to minority shareholders of subsidiaries > Proceeds from issuance of shares (Purchases) sales of treasury shares Changes in other financial assets and liabilities

4

27

305

(29) 923

(48)

(137)

16.4

631

42

Payment of lease liabilities

(377)

- -

-

Other

-

2

Net cash from (used in) financing activities of continuing operations Net cash from the transferred assets and liabilities of operations held for sale

(309)

(7)

(354)

-

-

(7)

Impact of hyperinflation

(28)

22

-

Effect of changes in exchange rates

7

(66)

(121)

Increase (decrease) in cash from continuing operations and held for sale or to be continued in partnership Net cash and cash equivalents at beginning of period NET CASH AND CASH EQUIVALENTS AT END OF PERIOD

2,403 15,402 17,805

3,605 11,797 15,402

(179) 11,976 11,797

16.1

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) Including an impact of tax paid of €854 miilions (€816 millions in 2018 and €687 millions in 2017). (3)

174

PSA - GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT