Groupe Renault - 2020 Universal Registration Document

367 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 04 CONSOLIDATED FINANCIAL STATEMENTS GROUPE RENAULT GROUPE RENAULT: A COMPANY THAT ACTS RESPONSIBLY CORPORATE GOVERNANCE FINANCIAL STATEMENTS RENAULT AND ITS SHAREHOLDERS ANNUAL GENERAL MEETING OF RENAULT ON APRIL 23, 2021 ADDITIONAL INFORMATION 2019 revenues applying 2020 scope and methods 4 - B - (€ million) Automotive (excluding AVTOVAZ) AVTOVAZ Sales Financing Mobility Services Total 2019 revenues 49,002 3,130 3,405 - 55,537 Changes in scope of consolidation 33 55 - 19 107 2019 revenues applying 2020 scope and methods 49,035 3,185 3,405 19 55,644 2020 revenues 37,736 2,581 3,138 19 43,474 OTHER INCOME AND EXPENSES INCLUDED IN THE OPERATING MARGIN, BY NATURE EXCLUDING OTHER NOTE 5 OPERATING INCOME AND EXPENSES Personnel expenses 5 - A - Personnel expenses amount to €6,157 million in 2020 (€6,706 million in 2019). The average workforce during the year for consolidated entities is presented in section 2.4- "Human Capital" of the 2020 Universal registration document. Details of pensions and other long-term employee benefit expenses are presented in note 19. Share-based payments concern stock options, performance shares and other share-based payments granted to personnel, and amounted to a personnel expense of €46 million for 2020 (€89 million in 2019). The plan valuation method is presented in note 18-G. Foreign exchange gains/losses 5 - B - In 2020, the operating income includes a net foreign exchange expenses of €125 million, mainly related to movements in the Argentinian peso, Brazilian real and the Turkish lira (compared to a net foreign exchange gain of €42 million in 2019 mainly related to movements in the Turkish lira). Lease payments 5 - C - At December 31, 2020, lease payments in the statement of financial position that are not restated under IFRS 16 because they relate to non-material or short-term leases: (€ million) December 31, 2020 December 31, 2019 Lease payments for short-term leases (15) (33) Lease payments for leases of low-value assets (25) (31) Other lease payments including variable lease payments (51) (48) OTHER OPERATING INCOME AND EXPENSES NOTE 6 (€ million) 2020 2019 Restructuring and workforce adjustment costs (600) (236) Gains and losses on total or partial disposal of businesses or operating entities, and other gains and losses related to changes in the scope of consolidation (183) (5) Gains and losses on disposal of property, plant and equipment and intangible assets (except leased asset sales) 96 (10) Impairment of property, plant and equipment, intangible assets and goodwill (excluding goodwill of associates and joint ventures) (762) (229) Other unusual items (213) (77) TOTAL (1,662) (557) As stated in note 2-B, expenses and income recognized for 2020 that are identified as resulting wholly or partly from the COVID-19 pandemic are not considered as “Other operating income and expenses”, except for expenses which due to their nature are always included in that category, such as impairment of tangible and intangible assets. Restructuring and workforce adjustment costs 6 - A - From 2020, restructuring costs include the costs of planned programs that significantly modify an entity’s scope of activity and/or the way the activity is managed, as stated in the introduction in section 4.2.6.1. Restructuring and workforce adjustment costs mainly concern the Europe Region in 2020 and 2019.