PSA - 2019 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2019 Notes to the Consolidated Financial Statements at 31 December 2019

Changein carryingamount B.

31/12/2019

Brands, software and other intangible assets

Development expenditure

Intangible assets

Goodwill

(in million euros)

At beginning of period Purchases/additions (1) Depreciation for the year

3,608

6,584 1,997 (1,181) (160)

2,617

9,201 2,146

-

149

(30)

(181)

(1,362)

Impairment losses

- -

(2) (8)

(162)

Disposals

(10)

(18) 447

Change in scope of consolidation and others (2)

732

54

393

Translation adjustment

2

7

29

36

AT PERIOD-END 10,288 Including borrowing costs of €47 million capitalised in accordance with IAS 23 (Revised) - “Borrowing Costs” (see Note 12.2.A). (1) Including Clarion impact (see Note 3.2 for €604 million). (2) 4,312 7,291 2,997

31/12/2018

Brands, software and other intangible assets

Development expenditure

Intangible assets

Goodwill

(in million euros)

At beginning of period Purchases/additions (1) Depreciation for the year

3,321

5,844

2,425

8,269 2,031 (1,188)

1,897

134

(1,065)

(123)

Impairment losses

(102)

-

(102)

Disposals

(10)

(8) 193 (4)

(18)

Change in scope of consolidation and others

282

18

211 (2)

Translation adjustment

5

2

AT PERIOD-END 9,201 Including borrowing costs of €63 million capitalised in accordance with IAS 23 (Revised) - “Borrowing Costs” (see Note 12.2.A). (1) 3,608 6,584 2,617

31/12/2017

Brands, software and other intangible assets

Development expenditure

Intangible assets

Goodwill

(in million euros)

At beginning of period Purchases/additions (1) Depreciation for the year

1,514

5,133 1,798 (939)

594

5,727 1,948

- - - -

150

(98)

(1,037)

Impairment losses

(80)

-

(80) (47) 1,832 (74)

Disposals

(1)

(46) 1,824

Change in scope of consolidation and others (2)

1,829 (22) 3,321

8

Translation adjustment

(75)

1

AT PERIOD-END 8,269 Including borrowing costs of €88 million capitalised in accordance with IAS 23 (Revised) - “Borrowing Costs” (see Note 12.2.A). (1) Including €1, 810 million of goodwill and €1,792 miilion of intangible assets related to the acquisition of Opel. (2) 5,844 2,425

204

PSA - GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT