2007 Interactive Registration Document - Renault

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07 RENAULT FINANCIAL STATEMENTS SA PARENT COMPANY FINANCIAL STATEMENTS 7.4.2.1 OTHER COMMITMENTS AND CONTINGENCIES Off-balance sheet commitments are as follows: (€ million) TOTAL 2007 2006 CONCERNING RELATED COMPANIES TOTAL CONCERNING RELATED COMPANIES Commitments received Guarantees and deposits 1 1 Unused credit lines 4,677 205 4,665 142 TOTAL 4,677 205 4,666 143 Commitments given Guarantees and deposits 453 450 453 450 Unused credit lines 141 141 165 165 TOTAL 594 591 618 615 Financial commitments Forward currency sales 3,149 3,149 2,587 2,587 Forward currency purchases 3,174 3,174 2,626 2,626 Currency swaps: loan 1,367 617 1,868 1,118 Currency swaps: borrowing 1,120 513 1,569 931 Interest rate swaps 2,569 2,282 2,132 1,836 As part of the management of RCI Banque’s major risk ratio, Renault SA has provided Cogera (a fully-owned RCI Banque subsidiary) with a €450 million credit line since December 2004. For purposes of compliance with French Banking Commission regulations, Renault SA will only be reimbursed by Cogera to the extent of the amounts Cogera recovers in repayment of its fi nancing for Renault Retail Group’s inventories. Furthermore, to guarantee payment by Renault Retail Group to Cogera of the receivables resulting from this fi nancing arrangement, Renault SA’s receivable related to the credit line is pledged in favour of Cogera. The value of this pledge at December 31, 2007 was €450 million. The forward sales and swaps undertaken by Renault SA are described above (note 18.A - Management of exchange and interest rate risk). < TABLE OF CONTENTS > 7.4.2.20 CASH FLOW Cash fl ow is determined as follows: (€ million) 2007 2006 Net income 1,096 1,941 Increases to provisions and deferred charges Net increase to long-term provisions for risks and 5 5 liabilities (36) (9) Transfer of financial charges (1) (4) TOTAL 1,064 1,933 7.4.2.21 WORKFORCE Renault SA has no employees. 7.4.2.22 REMUNERATION OF DIRECTORS AND EXECUTIVE MANAGERS Total remuneration to members of the Board of Directors was less than €1 million. 252 Registration Document Renault 2007 Find out more at www.renault.com 01 02 03 04 05 06 07 08
7.4.2.23 SUBSEQUENT EVENTS No signifi cant event has occurred subsequent to the year-end. OTHER INFORMATION – SUBSIDIARIES AND AFFILIATES (€ MILLION) COMPANIES SHARE CAPITAL ✦ Global Reporting Initiative (GRI) Directives FINANCIAL STATEMENTS 07 RENAULT SA PARENT COMPANY FINANCIAL STATEMENTS RESERVES AND RETAINED EARNINGS (3) % OF CAPITAL HELD BOOK VALUE OF SHARES OWNED INVESTMENTS Renault s.a.s. 534 2,681 100.00 7,694 Dacia (2) 705 (80) 99.31 768 Nissan Motor Co. Ltd. (1) 3,673 18,840 44.33 Sofasa (2) 1 96 23.71 28 TOTAL INVESTMENTS 8,490 (1) Based on the financial proforma statements published by Nissan Motor Co. Ltd. at December 31, 2007 (exchange rate: 164.93 yen = 1 Euro). (2) Exchange rates for Dacia and Sofasa are respectively 3.6077 Romanian lei and 2967 Colombian peso for one Euro. (3) Before allocation of net income. OTHER INFORMATION – SUBSIDIARIES AND AFFILIATES (€ MILLION) COMPANIES OUTSTANDING LOANS AND ADVANCES FROM RENAULT SA SALES REVENUES, PRIOR YEAR NET INCOME (LOSS), PRIOR YEAR DIVIDENDS RECEIVED BY RENAULT SA IN 2007 INVESTMENTS Renault s.a.s. 3,065 32,921 100 Dacia 1,923 123 Nissan Motor Co. Ltd. 70,863 2,647 456 Sofasa 826 24 4 ACQUISITION OF INVESTMENTS IN OTHER COMPANIES No investments were acquired during 2007. < TABLE OF CONTENTS > 01 02 03 04 05 06 07 08 Registration Document Renault 2007 253
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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
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4.2 MANAGEMENT BODIES AT FEBRUARY 1
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ORGANIZATION CHART AT FEBRUARY 1, 2
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4.3.3 FEES PAID TO STATUTORY AUDITO
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The Chairman of the Board of Direct
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Summary of plans The options grante
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CORPORATE GOVERNANCE 04 REPORT OF T
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PROCEDURES AND OPERATING METHODS Th
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4.5.2.7 ORGANIZATION OF PROCEDURES
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CORPORATE GOVERNANCE 04 STATUTORY A
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05 Renault and its shareholders < T
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5.1.2.2 GENERAL MEETINGS OF SHAREHO
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5.2.4 UNISSUED AUTHORIZED CAPITAL 5
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5.3 MARKET FOR RENAULT SHARES 5.3.1
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5.3.2 RENAULT AND DIAC REDEEMABLE S
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5.4 INVESTOR RELATIONS POLICY ✦ S
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TABLE OF CONTENTS > RENAULT AND ITS
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TABLE OF CONTENTS > 06 Mixed Genera
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APPOINTMENT OF A DIRECTOR The seven
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CAPITAL INCREASE AUTHORISATION GIVE
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TABLE OF CONTENTS > MIXED GENERAL M
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TABLE OF CONTENTS > 07 Financial st
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✦ Global Reporting Initiative (GR
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7.2.3 CONSOLIDATED SHAREHOLDERS’
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7.2.4 CONSOLIDATED STATEMENTS OF CA
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A2 - CONSOLIDATED BALANCE SHEETS BY
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DECEMBER 31, 2005 (€ million) AUT
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(€ million) AUTOMOBILE SALES FINA
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B - INFORMATION BY GEOGRAPHIC AREA
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7.2.6.1 ACCOUNTING POLICIES AND SCO
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F - Translation of foreign currency
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Useful lives are regularly reviewed
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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 237 and 238: ✦ Global Reporting Initiative (GR
Page 239 and 240: ✦ Global Reporting Initiative (GR
Page 241 and 242: 1. WITH COGERA Credit facility agre
Page 243 and 244: BALANCE SHEET ✦ Global Reporting
Page 245 and 246: E - Marketable securities Marketabl
Page 247 and 248: 7.4.2.7 INVESTMENTS Changes during
Page 249 and 250: 7.4.2.13 PROVISIONS FOR RISKS AND L
Page 251 and 252: Breakdown by maturity ✦ Global Re
Page 253: Renault SA uses derivatives to impl
Page 257 and 258: 08 Additional information < TABLE O
Page 259 and 260: ADDITIONAL INFORMATION 08 INFORMATI
Page 261 and 262: 8.3.1.3 PRESIDENT AND CHIEF EXECUTI
Page 263 and 264: COMPOSITION, TASKS AND OPERATING PR
Page 265 and 266: 8.3.3.2 USE AND/OR COMMUNICATION OF
Page 267 and 268: Renault made its fi rst inventory o
Page 269 and 270: SITE WATER CONSUMPTION (m 3 thousan
Page 271 and 272: Nature and scope of the audit We pe
Page 273 and 274: ADDITIONAL INFORMATION 08 CROSS-REF
Page 275 and 276: GRI INDICATORS (1) ADDITIONAL INFOR
Page 280: (www.renault.com) Photos cre dits:
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