Groupe Renault - 2020 Universal Registration Document

82 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com 01 EARNINGS REPORT – 2020 GROUPE RENAULT Automotive net financial position at December 31, 2020 1.3.2.1.4 CHANGE IN AUTOMOTIVE NET FINANCIAL POSITION (€ MILLION) Automotive net financial position at December 31, 2019 1,734 2020 operational free cash flow -4,551 Dividends received +11 Dividends paid to Renault’s shareholders and minority shareholders -11 Financial investments and others -762 AUTOMOTIVE NET FINANCIAL POSITION AT DECEMBER 31, 2020 -3,579 Beyond the Automotive segment reported positive operational free December 31, 2019 is half due to financial investment and other cash flow of -€4,551 million, the €5,313 million decrease in the net effects (IFRS 16 impact, debt reclassification, security deposits). cash position of the Automotive segment compared with AUTOMOTIVE NET FINANCIAL POSITION (€ million) Dec. 31, 2020 Dec. 31, 2019 Non-current financial liabilities -12,519 -7,927 Current financial liabilities -5,147 -3,875 Non-current financial assets – other securities, loans and derivatives on financial operations +118 +64 Current financial assets +1,020 +1,174 Cash and cash equivalents +12,949 +12,298 AUTOMOTIVE NET FINANCIAL POSITION -3,579 +1,734 In 2020, Renault SA issued one Eurobond of €1 billion (maturity of five and a half years) via its EMTN program. Furthermore, in June 2020, Renault SA set up a €5 billion bank credit agreement with a guarantee from the French State. This credit facility, which could only be used until December 31, 2020, in whole or in part and on one or more instalments, has been drawn down several times for a total amount of €4 billion as at December 31, 2020. The Automotive segment’s liquidity reserves (including AVTOVAZ) stood at €16.4 billion as of December 31, 2020. This reserve consisted of: €12.95 billion in cash and cash equivalents; P €3.43 billion in undrawn committed credit lines. P At December 31, 2020, RCI Banque had available liquidity of €16.6 billion, consisting of: €4.5 billion of undrawn confirmed credit lines; P €4.5 billion of central-bank eligible collateral; P €7.4 billion of high quality liquid assets (HQLA); P €0.3 billion of financial assets. P