Groupe Renault - 2020 Universal Registration Document

423 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 04 RENAULT SA ANNUAL 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 RENAULT SA ANNUAL 4.4 FINANCIAL STATEMENTS Summary financial statements 4.4.1 INCOME STATEMENT (€ million) 2020 2019 Operating expenses (61) (47) Increases to and reversals of operating (7) (11) NET OPERATING EXPENSE (54) (58) Investment income and revenues from loans and receivables related to investments 124 751 Increases to and reversals of provisions related to investments 282 (260) INVESTMENT INCOME AND EXPENSES (NOTE 4.4.2.3) 406 491 Foreign exchange gains 12 2 Foreign exchange losses (1) (1) Increases to and reversals of provisions for exchange risks 1 0 FOREIGN EXCHANGE GAINS AND LOSSES (NOTE 4.4.2.4) 12 1 Interest and equivalent income 0 0 Interest and equivalent expenses (189) (122) Reversals of provisions and transfers of charges 0 6 Depreciation, amortization and provisions (8) (16) OTHER FINANCIAL INCOME AND EXPENSES (NOTE 4.4.2.5) (197) (132) NET FINANCIAL INCOME 221 360 PRE-TAX INCOME BEFORE EXCEPTIONAL ITEMS 167 302 EXTRAORDINARY INCOME ITEMS (NOTE 4.4.2.6) (406) 1 INCOME TAX (NOTE 4.4.2.7) 100 80 NET INCOME (139) 383