PSA_GROUP_REGISTRATION_DOCUMENT_2017

CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2017 Notes to the consolidated financial Statements at December 2017

OTHER RECEIVABLES AND OTHER PAYABLES 6.3. Other receivables A.

31 December 2017

31 December 2016

(in million euros)

State, regional and local taxes excluding income tax (1)

1,198

908

Personnel-related payables

41

38

Due from suppliers Derivative instruments

195 274 444 484

196

41

Prepaid expenses

361 219

Miscellaneous other receivables

TOTAL

2,636

1,763

Of which Opel Vauxhall Automotive segment - In 2017, the Group sold €43 million worth of French research tax credits and €94 million worth of French competitiveness and employment (1) tax credits (see Note 12.6.E). 434

Other payables B.

31 December 2017

31 December 2016

(in million euros)

Taxes payable other than income taxes

1,108 1,207

660 1,019

Personnel-related payables

Payroll taxes

358

354 597

Payable on fixed asset purchases

1,625

Customer prepayments Derivative instruments (1)

2,004

1,569

203 943 430

17

Deferred income

800 350

Miscellaneous other payables

TOTAL

7,878 2,058

5,366

Of which Opel Vauxhall Automotive segment - This item corresponds to the fair value of instruments purchased by the Group to hedge currency risks on current or forecast operating (1) receivables and payables. These instruments are analysed by maturity in Note 12.7.A “Management of financial risks”.

CHANGE IN WORKING CAPITAL REQUIREMENTS OF MANUFACTURING 6.4. AND SALES COMPANIES Analysis of the change in working capital A.

2017

2016

(in million euros)

(Increase) decrease in inventories (Increase) decrease in trade receivables Increase (decrease) in trade payables

(167) (476) 1,179 (124) (404)

(365)

291

389

Change in income taxes

4

Other changes

152 471

8

Net cash flows with Group finance companies

17

(38) 433

TOTAL

25

180

GROUPE PSA - 2017 REGISTRATION DOCUMENT