PSA - 2019 Universal Registration Document

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

STATEMENTOF FINANCIALPOSITION’SITEMSAT 100%

In million euros

In million yuans

31 December 2019

31 December 2018

31 December 2017

31 December 2019

31 December 2018

31 December 2017

Assets Non-current assets

1,848

2,347 1,040

2,728 2,666

14,453 6,433

18,490 21,295 8,185 20,806

Current assets

824 186

Of which cash and cash equivalents Liabilities Non-current liabilities (excluding equity) Of which non-current financial liabilities

213

1,691

1,453

1,675

13,196

157 157

35 35

43 43

1,229 1,229

277 277

338 338

Current liabilities

2,127

2,213 476 1,139

3,731

16,637 5,987

17,429 29,106

Of which current financial liabilities

766 388

511

3,749 8,969

3,685 12,657

Equity

1,620

3,019

Transition table Equity

388 50%

1,139 50% 569

1,620 50%

% of interest

Group’s share in equity

191 77

810

Goodwill

76

75

Investments in company at equity

268

645

885

Santander agreement in the financingactivities B. The combined financial statements of all thepartnerships with Santanderare presented in summaryformin thetables below. The scopeof the partnership withSantander includes at31 December2019elevenEuropeancountriesaswell asBrazil. EARNINGSITEMSAT 100%

2019

2018

2017

(in million euros)

Interest revenue Interest expenses

2,178 (951) 1,227 (397)

1,975 (854)

1,794 (753) 1,041 (380)

Net banking revenue

1,121

General operating expenses and others

(384)

Gross operating income

830 (64) 766

737 (23) 714

661 (58) 603 (12)

Cost of risk

Operating income from continuing operations before tax (1)

Non operating items

(6)

(11)

Income from continuing operations before tax

760

703

591

Income taxes

(199)

(219)

(190)

PROFIT (LOSSS) FOR THE PERIOD

561

484

401

Group’s share in the profit (loss) of the period (Share in net earnings of equity method companies)

281

242 (15)

201 (3)

Income and expenses recognised in equity, net

(256)

Other information Net dividend received from the joint venture(s) by GROUPE PSA

136

105

136

O/w 3 million euros from IFRS 16 application. (1)

214

PSA - GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT