PSA_GROUP_REGISTRATION_DOCUMENT_2017

PEUGEOT S.A. FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017 Notes to Peugeot S.A. financial Statements

OTHER RECEIVABLES AND PREPAYMENTS TO SUPPLIERS

NOTE 9

31/12/2017

31/12/2016

(in million euros)

Recoverable taxes (1)

266.7

165.3 183.3

Shareholder advances (2)

111.9

Other

0.5

0.6

TOTAL 349.2 Of which receivables from the State as research Tax Credits in the amount of €218.6 million in 2017, versus €118.6 million in 2016, and (1) Competitiveness and Employment Tax Credit (CICE) in the amount of €19.3 million in 2017 (of which €80.2 million was mobilised in advance during 2017) versus €14.4 million in 2016(of which €66.0 million was mobilised in advance during 2016). Of which receivables related to the December VAT consolidation in the amount of €93.0 million versus €110.8 million in 2016. (2) 379.1

MARKETABLE SECURITIES NOTE 10

Other marketable securities (Note 10.B.)

Treasury shares (Note 10.A.)

Balance as of 31/12/2017

(in million euros)

Cost at 1 January 2017

196.0 116.0

43.5

239.5 116.0

additions > disposals >

-

(90.4) 221.6 (61.1) (15.5) 44.0 (32.6) 189.0

(15.0) 28.5 (0.6)

(105.4)

Cost at 31 December 2017 Impairment at 1 January 2017

250.1 (61.7) (15.5)

additions > reversals >

-

0.6

44.6

Provisions for impairment at 31 December 2017

-

(32.6)

NET COST AT 31 DECEMBER 2017

28.5

217.5

TREASURY SHARES, PERFORMANCE SHARE PLAN A. Changes treasury shares classified as “marketable securities”:

Allocations to performance share grants

“ACCELERATE” employee share ownership scheme

Allocations for future LTI plans

Total

Number

Value

Number

Value

Number

Value

Number

Value

(in million euros)

Total at 1 January 2017

4,665,000 77.0 4,448,263 119.0

-

-

9,113,263 196.0

share acquisitions > shares awarded >

-

- 4,200,000 84.7 1,529,987

31.3 5,729,987 116.0

(2,019,000) (28.9)

-

- (1,508,515) (30.9) (3,527,515) (59.8)

shares reclassified: change > of category (1)(2)

2,636,000.0 48.6 (2,614,528) (78.8)

(21,472)

(0.4)

- (30.6)

COST AT 31 DECEMBER 2017 5,282,000 96.7 6,033,735 124.9

- -

- 11,315,735 221.6

(21.8)

-

- (32.6)

Provisions for impairment NET COST AT 31 DECEMBER 2017

- (10.8)

-

5,282,000 85.9 6,033,735 103.1

-

- 11,315,735 189.0

Recategorisations made by the Managing Board. (1) The transfer of treasury shares to the performance share plans was made at their net carrying amount for the portion of the shares whose (2) award was considered likely.

The total impairment recognised on the treasury shares held by the Company thus amounted to €32.6 million at 31 December 2017 versus €61.1 million at 31 December 2016.

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GROUPE PSA - 2017 REGISTRATION DOCUMENT