PSA_GROUP_REGISTRATION_DOCUMENT_2017
CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2017 Notes to the consolidated financial Statements at December 2017
In 2017, on a fully consolidated basis, Banque PSA Finance (Finance Companies segment) generated net banking revenue of €1,145 million. Net provision expense (cost of risk) amounted to €64 million.
In 2017, after application of IFRS 5, Banque PSA Finance (Finance Companies segment) reported net banking revenue of €46 million. Net provision expense (cost of risk) amounted to €5 million.
2016
Finance companies
Automotive Equipment
Other Businesses
Eliminations and unallocated (1)
Automotive
100% Reconciliation
Total
(in million euros) Revenue third parties >
37,065
16,819
-
1,263
(1,117)
- 54,030
1
1,891
112
142
-
(2,146)
-
intragroup, intersegment >
37,066
18,710
112 1,405 39 571
(1,117) (570)
(2,146) 54,030
Total (2)
Recurring operating income (loss) Non-recurring operating income
2,225
970
- - -
3,235
109
7
1
- -
- -
117
Restructuring costs
(547)
(456)
(90)
(1)
Impairment of CGUs, provisions for onerous contracts and other Other non-recurring operating income and (expenses), net
(143)
-
-
-
-
-
(143)
-
(23) 864
(28)
(2)
2
- -
(51)
Operating income (loss)
1,735
11
569
(568)
2,611
Interest income Finance costs
10
- -
- -
85
95
(147)
(188)
(335)
Other financial income Other financial expenses
12
(9)
13
191
207
(38)
(1)
1
(197) (109) (309)
(235) (268) (517)
Net financial income (expense)
-
(163) (189)
-
(10)
14
Income taxes expense
(206)
187 180
Share in net earnings of companies at equity Other expenses related to the non-transferred financing of operations to be continued in partnership Consolidated profit (loss) from continuing operations Profit (loss) from operations to be continued in partnership CONSOLIDATED PROFIT (LOSS) FOR THE PERIOD
(93)
20
6
15
-
128
-
-
-
-
(10)
-
(10)
368
(197)
1,944
532
-
174 706
-
-
31
-
205
368
(166)
2,149
Capital expenditure (excluding sales with a buyback commitment)
2,481
1,074 (661)
- -
39
(20)
3,574
Depreciation provision (2,576) The “Eliminations and unallocated” column includes eliminations of intersector sales between the Finance companies and the other segments (€127 million). (1) Of which a turnover of €35,948 million for manufacturer’s activity of the Automotive Division. (2) (1,895) (24) 4
In 2016, on a fully consolidated basis, Banque PSA Finance (Finance Companies segment) generated net banking revenue of €1,026 million. Net provision expense (cost of risk) amounted to €52 million.
In 2016, after application of IFRS 5, Banque PSA Finance (Finance Companies segment) reported net banking revenue of €161 million. Net provision expense (cost of risk) amounted to €5 million.
GEOGRAPHICAL SEGMENTS 4.2. The indicators provided by region are revenue broken down by customer marketing area and property, plant and equipment broken down by geographic location of the consolidated companies.
China & South- Asia
Middle East & Africa
India Pacific
Latin America
North America
Europe (1)
Eurasia
Total
(en millions d’euros)
2017 Revenue
65,210 13,278
47,762
481 143
3,439 1,287 4,719 2,985 4,537
Property, plant and equipment
11,538
478
123
582
73
341
2016 Revenue
54,030
38,959
339 3,191 160 407
916 3,781
2,323 4,521
11,293
Property, plant and equipment
9,686
118
472
62
388
Of which France: (1)
2017
2016
(in million euros)
Revenue
14,954 12,992 5,780 5,614
Property, plant and equipment
174
GROUPE PSA - 2017 REGISTRATION DOCUMENT
Made with FlippingBook - Online catalogs