2007 Interactive Registration Document - Renault
2007 Interactive Registration Document - Renault
2007 Interactive Registration Document - Renault
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(€ million) AUTOMOBILE SALES FINANCING<br />
2006<br />
✦ Global Reporting Initiative (GRI) Directives<br />
FINANCIAL STATEMENTS 07<br />
CONSOLIDATED FINANCIAL STATEMENTS<br />
INTERDIVISION<br />
TRANSACTIONS (1) CONSOLIDATED TOTAL<br />
Net income<br />
Cancellation of unrealised income and expenses:<br />
2,603 312 45 2,960<br />
Depreciation and amortisation 2,817 86 (68) 2,835<br />
Share in net income (loss) of associates (2,272) (5) - (2,277)<br />
Dividends received from associates 602 - - 602<br />
Other unrealised income and expenses (2) (487) 32 25 (430)<br />
Cash flow 3,263 425 2 3,690<br />
Decrease (increase) in sales financing receivables - 524 (1) 523<br />
Net change in Sales financing financial assets and debts - (1,935) (6) (1,941)<br />
Decrease (increase) in working capital (2) 281 70 (37) 314<br />
CASH FLOWS FROM OPERATING ACTIVITIES 3,544 (916) (42) 2,586<br />
Purchases of intangible assets (1,129) (3) - (1,132)<br />
Purchases of property, plant and equipment (3) (3,340) (193) 21 (3,512)<br />
Disposals of property, plant and equipment and intangibles (3) 884 268 - 1,152<br />
Acquisition of investments, net of disposals and other<br />
Net decrease (increase) in other securities and loans<br />
23 2 - 25<br />
of the Automobile division (4) 421 - 2 423<br />
CASH FLOWS FROM INVESTING ACTIVITIES (3,141) 74 23 (3,044)<br />
Cash flows with shareholders (719) (14) 1 (732)<br />
Net change in financial liabilities of the Automobile division 966 - 26 992<br />
CASH FLOWS FROM FINANCING ACTIVITIES 247 (14) 27 260<br />
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 650 (856) 8 (198)<br />
(1) Interdivision transactions are carried out under near-market conditions.<br />
(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<br />
capital requirements (see note 2-A).<br />
(3) Including impact of leased vehicles:<br />
(€ million) Automobile Sales financing Group total<br />
Purchases of property, plant and equipment (969) (165) (1,134)<br />
Disposals of property, plant and equipment 685 268 953<br />
(4) In 2006, this includes a €135 million gain on the sale of Scania shares.<br />
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<strong>Registration</strong> <strong>Document</strong> <strong>Renault</strong> <strong>2007</strong> 191
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