Groupe Renault - 2020 Universal Registration Document

53 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 01 OVERVIEW OF RENAULT AND THE GROUP 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 The environment Renault Environnement, a wholly-owned subsidiary of Renault s.a.s, was founded in mid-2008. Its role is to develop new businesses around the themes of sustainable development and the environment, in line with Groupe Renault’s environmental policy. vehicles) and the return to the market of recycled materials and re-used parts. Renault Environnement has a joint-venture with SITA Recyclage, a subsidiary of Suez, to develop the recycling of ELVs (end-of-life Through its subsidiary Gaïa and its equity investment in Boone Comenor Metalimpex, Renault Environnement also recovers automotive parts (production scrap and end-of-life parts) and metallic waste from Group sites. For more details, see section 2.2. Sales financing 1.1.4 RCI Bank and Services offers financial solutions to facilitate access to automotive mobility for Alliance customers. Taking into account each brand’s specific characteristics and anticipating new needs and uses of their customers, RCI Bank and Services supports their marketing policies and works with them to win new customers and build loyalty. RCI Bank and Services brings together three worlds: automotive, through its historic activity, banking, through its business line, and services, through its offers. Every day in 36 countries around the world, RCI Bank and Services supports the development of the Alliance’s brands and their distribution networks, by offering their customers a comprehensive range of financing products, insurance and services. Customized offers for each of type 1.1.4.1 of customer For Private customers, we propose offers for financing and services that are appropriate for their projects and their usage patterns, to facilitate and enhance their driving experience throughout their entire automotive mobility adventure. Our solutions and services are for both new and used vehicles. For Professional customers, we provide a diverse range of mobility solutions to free them from the restrictions relating to managing their fleet of vehicles and enable them to concentrate on their core business. For the Alliance brand networks , we provide active support by financing inventory (new and second-hand vehicles and spare parts), as well as short-term cash requirements. Savings bank activity: a pillar 1.1.4.2 of corporate refinancing The Savings business was launched in 2012 and operates in six markets, namely France, Germany, Austria, the United Kingdom, Brazil and, since November 2020, Spain. Savings deposits are a key instrument in the diversification of the Group’s sources of refinancing for its operations. Deposits collected came to €20.5 billion, or approximately 43% of net assets at the end of December 2020 (1) . 3,800 employees active 1.1.4.3 in 36 countries Our employees operate in 36 countries in four major Regions of the world: Europe; Americas; Africa—Middle-East—India and Pacific; Eurasia. Business activity In the context of the COVID-19 pandemic, the global automotive market held up well in the second half of the year, following a slump in the first half. RCI Bank and Services achieved a financing penetration rate up by 3.1 points to 45.3%. RCI Bank and Services financed 1,520,330 contracts in 2020, down by 15.5% compared to 2019. Used vehicle financing posted a limited decline of 5.2% compared to 2019 with 349,243 contracts financed. Excluding Turkey, Russia and India (companies consolidated using the equity method, “EM”), it came to 47.5%, compared with 44.2% in 2019. New financing generated (excluding cards and personal loans) amounted to €17.8 billion. Net assets at year-end: total net outstandings at year-end + operational leasing operations net of depreciation, amortization and (1) provisions.