PSA - 2019 Universal Registration Document

PEUGEOT S.A. FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019 Notes to Peugeot S.A. Financial statements

REVENUE NOTE 15

Revenuebreaks downas follows

BY BUSINESS SEGMENT

A.

31/12/2019

31/12/2018

(in million euros)

Service revenues (1)

227.1

180.7

Rental income

3.7

0.0

TOTAL 180.7 Services consist primarily of participation in study costs, Group management and operational expenses billed by the parent company to its (1) subsidiaries in the amount of €173.0 million, and of the cost of the free-share allocations reinvoiced to PSA Automobiles SA for €47.4 million. 230.8

BY GEOGRAPHICAL SEGMENT B. Substantially allof theCompany’s revenue is generated inFrance.

BREAKDOWN OF OPERATING INCOME AND EXPENSE NOTE 16

Notes

31/12/2019

31/12/2018

(in million euros)

Revenue

15

230.8

180.7

Other income

0.2 2.0

9.1

Expense transfers

13.0

Reversals of provisions for contingencies and charges

20.2

9.7

Operating income

253.2 (42.2) (10.2) (80.7) (30.7) (31.0)

212.5 (41.8)

Other purchases and external charges (1)

Taxes other than on income

(8.1)

Wages and salaries

(83.4) (34.8) (21.6)

Payroll taxes

Other employees expenses

Other expenses

(1.7)

(2.2)

Additions to provisions for contingencies and charges

(57.9)

(40.3) (232.2)

Operating expenses

(254.4)

NET OPERATING INCOME

(1.2)

(19.7)

This heading primarily includes the following items: (1) - the commissions on borrowings were €6.4 million.

280

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