2007 Interactive Registration Document - Renault

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07 CONSOLIDATED FINANCIAL STATEMENTS FINANCIAL STATEMENTS A3 – CONSOLIDATED CASH FLOW STATEMENTS BY DIVISION (€ million) AUTOMOBILE SALES FINANCING <strong>2007</strong> INTERDIVISION TRANSACTIONS (1) CONSOLIDATED TOTAL Net income Cancellation of unrealised income and expenses: 2,654 323 (243) 2,734 Depreciation and amortisation 2,815 87 (37) 2,865 Share in net income (loss) of associates (1,668) (7) - (1,675) Dividends received from associates 936 - - 936 Other unrealised income and expenses (2) (185) 55 16 (114) Cash flow 4,552 458 (264) 4,746 Decrease (increase) in sales financing receivables - 413 144 557 Net change in Sales financing financial assets and debts - 13 (224) (211) Decrease (increase) in working capital (2) (26) (336) 15 (347) CASH FLOWS FROM OPERATING ACTIVITIES 4,526 548 (329) 4,745 Purchases of intangible assets (1,347) (1) - (1,348) Purchases of property, plant and equipment (3) (3,160) (145) 9 (3,296) Disposals of property, plant and equipment and intangibles (3) 942 141 3 1,086 Acquisition of investments, net of disposals and other Net decrease (increase) in other securities and loans 41 (45) - (4) of the Automobile division (3) 652 - (37) 615 CASH FLOWS FROM INVESTING ACTIVITIES (2,872) (50) (25) (2,947) Cash flows with shareholders (1,017) (248) 252 (1,013) Net change in financial liabilities of the Automobile division (1,765) - (163) (1,928) CASH FLOWS FROM FINANCING ACTIVITIES (2,782) (248) 89 (2,941) INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,128) 250 (265) (1,143) (1) Interdivision transactions are carried out under near-market conditions. (2) Other unrealised income and expenses include the change in net allocations to long-term and short-term provisions. The short-term portion was previously included in the decrease (increase) in working capital requirements (see note 2-A). (3) Including impact of leased vehicles: (€ million) Automobile Sales financing Group total Purchases of property, plant and equipment (876) (130) (1,006) Disposals of property, plant and equipment 767 144 911 < TABLE OF CONTENTS > 190 <strong>Registration</strong> <strong>Document</strong> <strong>Renault</strong> <strong>2007</strong> Find out more at www.renault.com 01 02 03 04 05 06 07 08
(€ million) AUTOMOBILE SALES FINANCING 2006 ✦ Global Reporting Initiative (GRI) Directives FINANCIAL STATEMENTS 07 CONSOLIDATED FINANCIAL STATEMENTS INTERDIVISION TRANSACTIONS (1) CONSOLIDATED TOTAL Net income Cancellation of unrealised income and expenses: 2,603 312 45 2,960 Depreciation and amortisation 2,817 86 (68) 2,835 Share in net income (loss) of associates (2,272) (5) - (2,277) Dividends received from associates 602 - - 602 Other unrealised income and expenses (2) (487) 32 25 (430) Cash flow 3,263 425 2 3,690 Decrease (increase) in sales financing receivables - 524 (1) 523 Net change in Sales financing financial assets and debts - (1,935) (6) (1,941) Decrease (increase) in working capital (2) 281 70 (37) 314 CASH FLOWS FROM OPERATING ACTIVITIES 3,544 (916) (42) 2,586 Purchases of intangible assets (1,129) (3) - (1,132) Purchases of property, plant and equipment (3) (3,340) (193) 21 (3,512) Disposals of property, plant and equipment and intangibles (3) 884 268 - 1,152 Acquisition of investments, net of disposals and other Net decrease (increase) in other securities and loans 23 2 - 25 of the Automobile division (4) 421 - 2 423 CASH FLOWS FROM INVESTING ACTIVITIES (3,141) 74 23 (3,044) Cash flows with shareholders (719) (14) 1 (732) Net change in financial liabilities of the Automobile division 966 - 26 992 CASH FLOWS FROM FINANCING ACTIVITIES 247 (14) 27 260 INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 650 (856) 8 (198) (1) Interdivision transactions are carried out under near-market conditions. (2) Other unrealised income and expenses include the change in net allocations to long-term and short-term provisions. The short-term portion was previously included in the decrease (increase) in working capital requirements (see note 2-A). (3) Including impact of leased vehicles: (€ million) Automobile Sales financing Group total Purchases of property, plant and equipment (969) (165) (1,134) Disposals of property, plant and equipment 685 268 953 (4) In 2006, this includes a €135 million gain on the sale of Scania shares. < TABLE OF CONTENTS > 01 02 03 04 05 06 07 08 <strong>Registration</strong> <strong>Document</strong> <strong>Renault</strong> <strong>2007</strong> 191
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2007 REGISTRATION DOCUMENT
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TABLE OF CONTENTS 01 RENAULT AND TH
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01 Renault and the Group < TABLE OF
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1.1.2 BACKGROUND AND HIGHLIGHTS 189
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1.1.3 MAIN ACTIVITIES Since the fi
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I n the luxury E segment, Renault l
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PRODUCTION OF THE MAIN MANUFACTURIN
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HIGHLIGHTS IN GROUP NETWORK STRATEG
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In April 2007, in addition to an or
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n n in Morocco, Renault signed a me
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RENAULT RETAIL GROUP SA 117-199, av
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* REAL ESTATE AND IT FINANCING FOR
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1.3 THE RENAULT-NISSAN ALLIANCE On
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RENAULT SHARE PRICE FROM MARCH 29,
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These two entities are free to acce
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Interchangeable components Compleme
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MANUFACTURING Renault and Nissan ha
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1.3.4.1 NISSAN’S STRATEGY AND GRO
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1.3.4.2 NISSAN’S 2007 CONTRIBUTIO
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SALES IN WESTERN EUROPE RENAULT AND
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GLOBAL SALES AND PRODUCTION SITES
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02 Management report < TABLE OF CON
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FRANCE & EUROPE REGIONS - GROUP SAL
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for 67.1% of the Group’s sales in
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INTERNATIONAL ROLLOUT OF THE LOGAN
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In 2007, RCI Banque also launched f
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RENAULT GROUP - REGISTRATIONS IN EU
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Renault g roup’s new geographical
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Renault g roup - R&D expenses* Glob
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2.1.3 FINANCIAL INFORMATION ON THE
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2.1.4 PROGRESS REPORT ON RENAULT CO
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The Renault [T] (“square T”) te
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2.2.3 2007 R&D HIGHLIGHTS 2.2.3.1 A
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Industrial risk The decision to set
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MANAGEMENT PROCEDURES Between 1990
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MANAGEMENT PROCEDURES Import subsid
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Renault Finance also trades for its
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In early 2005 RCI Banque also secur
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2.3.5 OTHER RISKS 2.3.5.1 OFF-BALAN
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03 Sustainable development < TABLE
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of employee commitment remains one
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Over the past three years, incentiv
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For 2007, Group turnover totaled 7%
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3.1.2.5 TRAINING Vocational trainin
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Efforts continued in 2007 to extend
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The agreement on teleworking was si
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TEST LABORATORY Renault’s test la
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COMPARATIVE INVENTORY AND PROGRESS
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Renault is implementing a three-pro
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Liquefied Petroleum Gas (LPG) and C
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USE Use-phase waste is generated by
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3.2.3 CROSS-FUNCTIONAL MANAGEMENT O
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VEHICLE DESIGN AND DEVELOPMENT PROC
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ENVIRONMENTAL MANAGEMENT IN THE VEH
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SHARING RENAULT’S KNOW-HOW WITH O
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3.3.2 RENAULT AND ITS STAKEHOLDERS
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In 2007, Renault participated as an
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BREAKDOWN OF ACCIDENTS RESULTING IN
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The Safety for All program in Moroc
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“VALUED CITIZENS” PROGRAM IN SO
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MAIN HR OBJECTIVES ✦ Global Repor
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3.4.3 SOCIAL OBJECTIVES KEY OBJECTI
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OEKOM Oekom, one of Germany’s lea
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TABLE OF CONTENTS > SUSTAINABLE DEV
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TABLE OF CONTENTS > 04 Corporate go
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DIRECTORS OFFICES/FUNCTIONS Carlos
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DIRECTORS OFFICES/FUNCTIONS Jean-Cl
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THE ALLIANCE: n took cognizance of
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In compliance with French legal and
Page 141 and 142: 4.2 MANAGEMENT BODIES AT FEBRUARY 1
Page 143 and 144: ORGANIZATION CHART AT FEBRUARY 1, 2
Page 145 and 146: 4.3.3 FEES PAID TO STATUTORY AUDITO
Page 147 and 148: The Chairman of the Board of Direct
Page 149 and 150: Summary of plans The options grante
Page 151 and 152: CORPORATE GOVERNANCE 04 REPORT OF T
Page 153 and 154: PROCEDURES AND OPERATING METHODS Th
Page 155 and 156: 4.5.2.7 ORGANIZATION OF PROCEDURES
Page 157 and 158: CORPORATE GOVERNANCE 04 STATUTORY A
Page 159 and 160: 05 Renault and its shareholders < T
Page 161 and 162: 5.1.2.2 GENERAL MEETINGS OF SHAREHO
Page 163 and 164: 5.2.4 UNISSUED AUTHORIZED CAPITAL 5
Page 165 and 166: 5.3 MARKET FOR RENAULT SHARES 5.3.1
Page 167 and 168: 5.3.2 RENAULT AND DIAC REDEEMABLE S
Page 169 and 170: 5.4 INVESTOR RELATIONS POLICY ✦ S
Page 171 and 172: TABLE OF CONTENTS > RENAULT AND ITS
Page 173 and 174: TABLE OF CONTENTS > 06 Mixed Genera
Page 175 and 176: APPOINTMENT OF A DIRECTOR The seven
Page 177 and 178: CAPITAL INCREASE AUTHORISATION GIVE
Page 179 and 180: TABLE OF CONTENTS > MIXED GENERAL M
Page 181 and 182: TABLE OF CONTENTS > 07 Financial st
Page 183 and 184: ✦ Global Reporting Initiative (GR
Page 185 and 186: 7.2.3 CONSOLIDATED SHAREHOLDERS’
Page 187 and 188: 7.2.4 CONSOLIDATED STATEMENTS OF CA
Page 189 and 190: A2 - CONSOLIDATED BALANCE SHEETS BY
Page 191: DECEMBER 31, 2005 (€ million) AUT
Page 195 and 196: B - INFORMATION BY GEOGRAPHIC AREA
Page 197 and 198: 7.2.6.1 ACCOUNTING POLICIES AND SCO
Page 199 and 200: F - Translation of foreign currency
Page 201 and 202: Useful lives are regularly reviewed
Page 203 and 204: Renegotiations of the terms of borr
Page 205 and 206: 7 - OTHER OPERATING INCOME AND EXPE
Page 207 and 208: B - Changes during the year (€ mi
Page 209 and 210: 13 - INVESTMENT IN NISSAN A - Nissa
Page 211 and 212: G - Hedging of the investment in Ni
Page 213 and 214: 15 - INVENTORIES DECEMBER 31, DECEM
Page 215 and 216: A dividend distribution of €3.80
Page 217 and 218: The plans have been valued as follo
Page 219 and 220: C3 - Summary ✦ Global Reporting I
Page 221 and 222: B - Breakdown by category ✦ Globa
Page 223 and 224: B - Breakdown by category DECEMBER
Page 225 and 226: C1 - Financial liabilities of the A
Page 227 and 228: B - Impact of financial instruments
Page 229 and 230: DECEMBER 31, 2005 (€ million) ✦
Page 231 and 232: Interest rate derivatives B3 - Equi
Page 233 and 234: 28 - RELATED PARTIES A - Remunerati
Page 235 and 236: 31 - CONSOLIDATED COMPANIES A - Ful
Page 241 and 242: 1. WITH COGERA Credit facility agre
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BALANCE SHEET ✦ Global Reporting
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E - Marketable securities Marketabl
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7.4.2.7 INVESTMENTS Changes during
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7.4.2.13 PROVISIONS FOR RISKS AND L
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Breakdown by maturity ✦ Global Re
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Renault SA uses derivatives to impl
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7.4.2.23 SUBSEQUENT EVENTS No signi
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08 Additional information < TABLE O
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ADDITIONAL INFORMATION 08 INFORMATI
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8.3.1.3 PRESIDENT AND CHIEF EXECUTI
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COMPOSITION, TASKS AND OPERATING PR
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8.3.3.2 USE AND/OR COMMUNICATION OF
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Renault made its fi rst inventory o
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SITE WATER CONSUMPTION (m 3 thousan
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Nature and scope of the audit We pe
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ADDITIONAL INFORMATION 08 CROSS-REF
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GRI INDICATORS (1) ADDITIONAL INFOR
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2007 Interactive Registration Document - Renault

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