PSA_GROUP_REGISTRATION_DOCUMENT_2017

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

FINANCE COSTS INCURRED, NET OF INTEREST INCOME

2017

2016

(in million euros)

Finance costs incurred

(335) (216)

(462)

Of which Automotive Division and Other Businesses

(311)

Interest income

42

95 85

Of which Automotive Division and Other Businesses

31

TOTAL

(293) (186)

(367) (226)

Of which Automotive Division and Other Businesses

Other financial income and expenses B.

2017

2016

(in million euros)

Expected return on pension funds

21

26

Other financial income FINANCIAL INCOME

100 121

177

203 (27) (45) (163) (235)

Interest cost on employee benefit obligations

(20) (28) (148) (196)

Ineffective portion of the change in fair value of financial instruments

Other financial expenses FINANCIAL EXPENSES

NET FINANCIAL POSITION (NET DEBT) OF MANUFACTURING AND SALES COMPANIES 12.3. Net financial position (net debt) of the manufacturing and sales of IFRS in the Group. The share of these financial assets not readily companies is a financial indicator not defined by IFRS. According available is not taken into consideration in the financial security of to the Group’s definition, it is equal to the financial liabilities net of the manufacturing and sales companies (see Note 12.4).

financial assets used as collateral, or that may be utilised to redeem these liabilities, as well as those assigned to specific expenses of the manufacturing and sales companies. This definition remains unchanged from the date of first adoption

Financial assets and liabilities with maturities of more than one year at the balance sheet date are classified as non-current. All other assets and liabilities are reported as current.

Composition of net financial position (net debt) A.

Net decrease in cash and cash equivalents

Change in scope of consolidation

Exchange rate fluctuations

31 December 2016

Remeasurement of equity

Other changes

31 December 2017

(in million euros)

Non-current financial liabilities Current financial liabilities Other non-current financial assets Current financial assets Financial investments Cash and cash equivalents (NET DEBT) NET FINANCIAL POSITION (1)

(4,526) (1,661)

(960)

(82) (812) (157)

-

23 767

(4,778) (2,531)

604 (19) 344

(1)

91

(752)

685 629

(10)

(11) (17)

(1)

487

301

1

11

1,269

110

55

- -

- -

- -

- -

165

11,576

6

11,582

6,813

30

(750)

(10)

86

25

6,194

Of which external loans and borrowings

6,804

6,186

Of which financial assets and liabilities with finance companies (1) Of which Peugeot Citroën DS, Opel Vauxhall Automotive segments and Other Businesses

9

8

7,288

6,840

202

GROUPE PSA - 2017 REGISTRATION DOCUMENT