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
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