Groupe Renault - 2020 Universal Registration Document

380 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com 04 CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS (€ million) December 31, 2020 In the consolidated financial position Financial assets Automotive receivables Other assets Trade payables Other liabilities Motorlu Araclar Imal ve Satis AS (MAIS) - - - 7 2 Renault-Nissan Automotive India Private Limited (RNAIPL) - 32 192 53 - RN Bank 60 - 1 - 1 Renault Algérie Production - - - 1 - Dongfeng Renault Automotive Company - 4 - - - (€ million) December 31, 2019 In the consolidated financial position Financial assets Automotive receivables Other assets Trade payables Other liabilities Motorlu Araclar Imal ve Satis AS (MAIS) - - - 5 - Renault-Nissan Automotive India Private Limited (RNAIPL) 20 53 201 68 - RN Bank 60 - - - 1 Renault Algérie Production - 40 - 114 5 Dongfeng Renault Automotive Company - 20 - 24 3 Cumulative financial information on other associates accounted for under the equity method 13 - B - (€ million) December 31, 2020 December 31, 2019 Investments in associates 380 479 Share in income (loss) of associates (24) 43 Share of associates in other components of comprehensive income (203) 1 Share of associates in comprehensive income (227) 44 Cumulative financial information on joint ventures accounted for under the equity method 13 - C - (€ million) December 31, 2020 December 31, 2019 Investments in joint ventures 122 131 Share in income (loss) of joint ventures (151) (475) Share of joint ventures in other components of comprehensive income (37) 4 Share of joint ventures in comprehensive income 202 (471) The share in net income (loss) of joint ventures includes a -€32 loss by Renault Algérie Production. Due to a review of the rules governing automotive activities in Algeria, this joint venture was not allowed to import the parts required for production of vehicles in 2020. New rules were issued in August 2020 but it was not possible to resume production, and it is currently impossible to estimate a future date of resumption. The share in net income (loss) of joint ventures also includes a share of the loss by Renault Brilliance Jinbei Automotive Company (including a financial liability of €124 million (RMB 980 million) relating to the capital increase in early 2021 by Renault Brilliance Jinbei Automotive Company, to which the Groupe Renault was committed at December 31, 2020). Nissan-Renault B.V., which is jointly owned with Nissan, is not consolidated as it is not significant. INVENTORIES NOTE 14 (€ million) December 31, 2020 December 31, 2019 Gross value Impairment Net value Gross value Impairment Net value Raw materials and supplies 1,665 (276) 1,389 1,724 (290) 1,434 Work in progress 310 (2) 308 330 (7) 323 Used vehicles 1,376 (162) 1,214 1,465 (141) 1,324 Finished products and spare parts 2,882 (153) 2,729 2,842 (143) 2,699 TOTAL 6,233 (593) 5,640 6,361 (581) 5,780