PSA_GROUP_REGISTRATION_DOCUMENT_2017

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

GOODWILL AND INTANGIBLE ASSETS – PROPERTY,

NOTE 8

PLANT AND EQUIPMENT

Property, plant and equipment and intangible assets are carried at amortised cost less deductions of impairment losses, pursuant to IAS 36 (see Note 8.3).

GOODWILL AND INTANGIBLE ASSETS 8.1. Accounting policies A. Accounting policies relating to goodwill are described in Note 3.1.A.(2) and those related to research and development expenses in Note 5.3.(A). Other internally-developed or purchased intangible assets, excluding research and development expenditure The portion of development costs relating to software for internal use that corresponds to directly attributable internal or

external costs necessary to create the software or improve its performance is recognised as an intangible asset when it is probable that these costs will generate future economic benefits. The capitalised costs are amortised over the estimated useful life of the software, ranging from four to twelve years. Other software acquisition and development costs are expensed as incurred. Other intangible assets (consisting principally of patents and trademarks) are amortised on a straight- line basis over the estimated period of benefit, not to exceed twenty years.

Change in carrying amount B.

31 December 2017

Brands, software and other intangible assets Intangible assets

Development expenditure

Goodwill

(in million euros)

At beginning of period Purchases/additions (1) Amortisation for the year

1,514

4,860

594

5,454 1,769 (943) (80) (47) 1,832 (69) 7,916

- - - -

1,619

150

(845)

(98)

Impairment losses

(80)

-

Disposals

(1)

(46) 1,824

Change in scope of consolidation and other (2)

1,829 (22) 3,321

8

Translation adjustment

(70)

1

AT PERIOD-END

5,491

2,425 1,795

Of which Opel Vauxhall Automotive segment 1,835 Including borrowing costs of €88 million capitalised in accordance with IAS 23 (Revised) “Borrowing Costs” (see Note 12.2.A) . (1) Including 1,810 million in goodwill for the Opel acquisition. (2) 40

31 December 2016

Brands, software and other intangible assets

Development expenditure

Intangible assets

Goodwill

(in million euros)

At beginning of period Purchases/additions (1) Amortisation for the year

1,382

4,352 1,365 (825)

417 102

4,769 1,467 (925)

- - - -

(100)

Impairment losses

(47) (19)

2

(45) (21)

Disposals

(2) 176

Change in scope of consolidation and other

127

13 21

189

Translation adjustment

5

(1)

20

AT PERIOD-END

1,514

4,860

594

5,454

Including borrowing costs of €92 million capitalised in accordance with IAS 23 (Revised) “Borrowing Costs” . (1)

187

GROUPE PSA - 2017 REGISTRATION DOCUMENT