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Financial performance<br />
Segment information - Consolidated income statements by Division<br />
Sales Interdivision Consolidated<br />
<strong>2005</strong> - 7 million Automobile Financing transactions ( 2) total<br />
Sales of goods 38,602 - - 38,602<br />
Sales of services 856 520 - 1,376<br />
Sales Financing revenues - 1,360 - 1,360<br />
External sales 39,458 1,880 - 41,338<br />
Interdivision sales (2) 147 268 (415) -<br />
Revenues 39,605 2,148 (415) 41,338<br />
Operating margin 858 465 - 1,323<br />
Operating income 1,058 456 - 1,514<br />
Financial expense (327)<br />
Share in net income (loss) of associates 2,595 2 - 2,597<br />
Pre-tax income 3,784<br />
Current and deferred taxes (331)<br />
Net income 3,453<br />
2004 (1) - 7 million<br />
Sales of goods 37,459 - - 37,459<br />
Sales of services 967 497 - 1,464<br />
Sales Financing revenues - 1,369 - 1,369<br />
External sales 38,426 1,866 - 40,292<br />
Interdivision sales (2) 302 234 (536) -<br />
Revenues 38,728 2,100 (536) 40,292<br />
Operating margin 1,640 461 14 2,115<br />
Operating income 1,412 446 14 1,872<br />
Financial expense (331)<br />
Share in net income (loss) of associates 1,923 - - 1,923<br />
Pre-tax income 3,464<br />
Current and deferred taxes (561)<br />
Net income 2,903<br />
(1) 2004 figures restated for compliance with IFRS.<br />
(2) Interdivision transactions are carried out under near-market conditions.<br />
88<br />
<strong>2005</strong> <strong>Renault</strong> Annual Report
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