PSA - 2019 Universal Registration Document

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

31/12/2017

Fixtures, fittings and other

Assets under construction

Land and buildings

Plant and equipment

Leased vehicles (2)

Total

(in million euros)

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

2,116

5,058 1,052 (1,323)

2,475

327

1,253 1,202

11,229 2,406 (1,673)

121

-

31

(253)

(12)

(85)

-

Impairment losses

28

8

- - -

-

7

43

Disposals

(107)

(38) 205 786 (94)

(7) 32 44 (2)

-

(152)

Transfers and reclassifications

24

(261) (551) (34) 1,616 1,647

-

Change in scope of consolidation and other (2)

408 (28)

850 (14)

1,537 (172)

Translation adjustment

AT PERIOD-END

2,309 6,766

5,654 31,853

3,299 3,537 (238)

340 958

13,218 44,761

Gross value

Accumulated depreciation and impairment (31,625) Including property, plant and equipment acquired under finance leases for €14 million. Borrowing costs capitalised in accordance with (1) IAS 23 (Revised) - “Borrowing Costs” amounted to €31 million (see Note 12.2.A). Change in scope of consolidation and other” movements in “Leased vehicles” includes net changes for the year (additions less disposals). (2) (4,457) (26,199) (700) (31)

Rights ofuse C.

31/12/2019

Fixtures, fittings and other

Land and buildings

Plant and equipment

Total

(in million euros)

Net Reclassification of finance leases 1st implementation of IFRS 16

23

2

15

40

1,329 1,352

68 70

110

1,507 1,547

At 1 January 2019 Purchases/additions

125

313

51

63

427

Depreciation for the year

(234)

(33)

(51)

(318) (14) (48)

Impairment losses

(14) (39)

- -

-

Disposals

(9)

Change in scope of consolidation and other

6 11

21

3

30

Translation adjustment

-

-

11

AT PERIOD-END

1,395 1,650 (255)

109 143 (34)

131 183

1,635 1,976 (341)

Gross value

Accumulated depreciation and impairment

(52)

Leased vehicles D. Leased vehicles totaling an amount of €3,763 millionat year-end include vehicles leased to retail customers by the Group’s companiesand vehicles sold with a buyback commitment,which are recognised according to the method described in Note 5.1.A.(1)(a).

The Right of use of €1,635 million as at 31 December 2019 is composedof €877 millionfrom Faurecia and €758 millionfor the rest of the Group (at 1 January 2019,the respectivefigures were €726 millionand€781 million).

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PSA - GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT