Groupe Renault - 2020 Universal Registration Document

370 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com 04 CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS Changes in current tax liabilities, current tax receivables and provisions for uncertain tax liabilities 8 - C - (€ million) December 31, 2019 Current taxes in the income statement Net taxes paid Translation adjustment and other December 31, 2020 Current taxes excluding uncertain tax positions (305) 305 Provisions for uncertain tax liabilities – short- term (8) - 1 1 (6) Provisions for uncertain tax liabilities – long-term (187) (1) - 9 (179) Tax receivables – short-term 86 79 (12) 153 Tax receivables – long-term 21 - (3) 18 Current tax liabilities – short-term (225) (10) 14 (221) Current tax liabilities – long-term - - - - TOTAL (313) (306) 375 9 (235) Breakdown of net deferred taxes 8 - D - Change in deferred tax assets and liabilities D1 (€ million) December 31, 2019 Income statement Other components of comprehensive income Translation adjustments Other December 31, 2020 Deferred tax assets 1,016 (209) (68) (92) 4 651 Deferred tax liabilities (1,044) 95 1 35 (9) (922) Net deferred taxes (28) (114) (67) (57) (5) (271) French tax consolidation group (822) 176 (74) 19 - (701) AVTOVAZ 301 (267) - (43) (3) (12) Other 493 (23) 7 (33) (2) 442 Breakdown of net deferred tax assets by nature D2 (€ million) 2020 2019 Deferred taxes on: Investments in associates and joint ventures excluding AVTOVAZ (1) (109) (193) Fixed assets excluding AVTOVAZ (2,127) (2,350) Provisions and other expenses or valuation allowances deductible upon utilization excluding AVTOVAZ 798 815 Loss carryforwards excluding AVTOVAZ (2) 5,080 4,871 Other items excluding AVTOVAZ 605 783 NET DEFERRED TAX ASSETS (LIABILITIES) EXCLUDING AVTOVAZ 4,247 3,926 Fixed assets of AVTOVAZ (18) (23) Provisions and other expenses or valuation allowances deductible upon utilization of AVTOVAZ 54 56 Loss carryforwards of AVTOVAZ 252 327 Non-interest bearing financial liabilities in roubles of AVTOVAZ (33) (43) Other items of AVTOVAZ (15) 19 NET DEFERRED TAX ASSETS (LIABILITIES) OF AVTOVAZ 240 336 Unrecognized deferred tax assets related to tax losses (note 8-D3) (4,596) (4,023) Other unrecognized deferred tax assets (162) (267) NET DEFERRED TAX ASSETS (LIABILITIES) REPORTED (271) (28) Including tax on future dividend distributions. (1) Including €4,546 million for the French tax consolidation group entities and €534 million for other entities at December 31, 2020 (€4,286 million and €585 million (2) respectively at December 31, 2019).