PSA - 2019 Universal Registration Document

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

STATEMENTOF FINANCIALPOSITION’SAT 100%

31 December 2019 31 December 2018 31 December 2017

(in million euros)

Customer loans and receivables

31,688 3,688 35,376 24,765

27,940

24,605

Other assets (1) TOTAL ASSETS

2,916

2,639

30,856 22,038

27,244 18,978

Financing liabilities (1)

Other liabilities

6,855 3,756

5,455 3,363

5,199 3,067

Equity

TOTAL LIABILITIES

35,376

30,856

27,244

O/w 25 million euros as at 1 January 2019 for the first time application of IFRS 16. (1)

BNP Paribas agreement in the financing activities C. The combined financial statements of all thepartnerships with BNPParibasare presented in summaryformin thetables below. The scopeof the partnership withBNPParibas includes at 31 December2019 sixEuropeancountries. EARNINGSITEMSAT 100%

2019

2018

2017

(in million euros)

Interest revenue Interest expenses

743

680

79

(277)

(165)

(13)

Net banking revenue

466

515

66

General operating expenses and others

(225)

(249)

(43)

Gross operating income

241 (19) 222 (13) 209 (57)

266 (15) 251

23 (1) 22

Cost of risk

Operating income from continuing operations before tax (1)

Non operating items

28

-

Income from continuing operations before tax

279 (68)

22

Income taxes

(6)

PROFIT (LOSSS) FOR THE PERIOD

152

211

16

Group’s share in the profit (loss) of the period (Share in net earnings of equity method companies) Income and expenses recognised in equity, net Other information Net dividend received from the joint venture(s) by PSA Group

76

106 (2)

8

-

-

74

-

-

No material impact from IFRS 16 application. (1)

STATEMENTOF FINANCIALPOSITION’SITEMSAT 100%

31/12/2019

31/12/2018

31/12/2017

(in million euros)

Customer loans and receivables

11,064

9,817

9,157 1,020 10,177 7,133 2,057

Other assets (1) Total assets

1,593

551

12,657 9,444 2,033

10,368

Financing liabilities (1)

7,549

Other liabilities

1,641 1,178

Equity

1,180

987

TOTAL LIABILITIES

12,657

10,368

10,177

O/w 8 million euros as at 1 January 2019 for the first time application of IFRS 16. (1)

215

PSA - GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT