PSA - 2019 Universal Registration Document

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

NET CHARGES TO DEPRECIATION, AMORTISATIONAND IMPAIRMENT 16.2. IN THE STATEMENT OFCASH FLOWS

Notes

2019

2018

2017

(in million euros)

Depreciation and amortisation expense

5.2

(3,388)

(2,815)

(2,710)

Impairment of:

-

-

-

capitalised development costs > property, plant and equipment > Depreciation of equity invesments

8.1.B 8.2.B

(160) (135)

(102) (38)

(80)

43 (7)

2

(33)

Other

(36)

(7)

-

TOTAL

(3,717)

(2,995)

(2,754)

INTEREST RECEIVEDAND PAID BYTHE MANUFACTURING AND SALES COMPANIES 16.3. Interestreceived andpaidbymanufacturing and sales companies is included infunds fromfinancing activities, and is as follows:

2019

2018

2017

(in million euros)

Interest received

53

15

32

Interest paid

(278) (225)

(292) (277)

(287) (255)

NET INTEREST RECEIVED (PAID)

CHANGES IN OTHER FINANCIAL ASSETS AND LIABILITIES FOR THE MANUFACTURING 16.4. AND SALES COMPANIES

2019

2018

2017

(in million euros)

Increase in borrowings

2,512

1,647

1,046 (731)

Repayment of borrowings and conversion of bonds (Increase) decrease in non-current financial assets (Increase) decrease in current financial assets Increase (decrease) in current financial liabilities

(1,079)

(1,258)

17

(232)

169

(475)

557 (83)

(548)

(52) 923

107

631

43 (1) 42

Net cash flows with Group finance companies

-

-

TOTAL

923

631

Increase in borrowings in the amount of €2,512 million notably includes: €522 millionraised by Peugeot S.A. using a private investment n underGerman law,Schuldscheindarlehen; €500 millionand €250 millionfrom the Faurecia bond issues, n both duein June 2026;

€600 million from Peugeot S.A. bond issue maturing in n September 2029; Debtrepayments in the amountof €1079 million includenotablythe repaymentby Peugeot S.A. of €430 millionin 2013 bonds upon maturity inJanuary 2019.

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PSA - GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT