2020 Annual Financial Report

/At December 31, 2019

(in millions of euros)	Value in balance sheet	Fair value through profit and loss	Amortized cost	Fair value through OCI
Other financial assets	Other financial assets Value in balance sheet	Other financial assets Fair value through profit and loss	Other financial assets Amortized cost	Other financial assets Fair value through OCI
Venture Capital Funds	Venture Capital Funds Value in balance sheet 87	Venture Capital Funds Fair value through profit and loss 87	Venture Capital Funds Amortized cost	Venture Capital Funds Fair value through OCI
Other securities	Other securities Value in balance sheet 13	Other securities Fair value through profit and loss 13	Other securities Amortized cost	Other securities Fair value through OCI
Loans to associates and non-consolidated companies	Loans to associates and non-consolidated companies Value in balance sheet 21	Loans to associates and non-consolidated companies Fair value through profit and loss	Loans to associates and non-consolidated companies Amortized cost 21	Loans to associates and non-consolidated companies Fair value through OCI
Other	Other Value in balance sheet 97	Other Fair value through profit and loss	Other Amortized cost 97	Other Fair value through OCI
Trade receivables	Trade receivables Value in balance sheet 10,233	Trade receivables Fair value through profit and loss	Trade receivables Amortized cost 10,233	Trade receivables Fair value through OCI
Other current receivables and current assets⁽¹⁾	Other current receivables and current assets⁽¹⁾ Value in balance sheet	Other current receivables and current assets⁽¹⁾ Fair value through profit and loss	Other current receivables and current assets⁽¹⁾ Amortized cost	Other current receivables and current assets⁽¹⁾ Fair value through OCI
Derivatives hedging current assets and liabilities	Derivatives hedging current assets and liabilities Value in balance sheet 10	Derivatives hedging current assets and liabilities Fair value through profit and loss 10	Derivatives hedging current assets and liabilities Amortized cost	Derivatives hedging current assets and liabilities Fair value through OCI
Derivatives hedging intercompany loans and borrowings	Derivatives hedging intercompany loans and borrowings Value in balance sheet 28	Derivatives hedging intercompany loans and borrowings Fair value through profit and loss 28	Derivatives hedging intercompany loans and borrowings Amortized cost	Derivatives hedging intercompany loans and borrowings Fair value through OCI
Other	Other Value in balance sheet 75	Other Fair value through profit and loss	Other Amortized cost 75	Other Fair value through OCI
Assets	Assets Value in balance sheet 10,564	Assets Fair value through profit and loss 138	Assets Amortized cost 10,426	Assets Fair value through OCI -
Long-term borrowings	Long-term borrowings Value in balance sheet 4,286	Long-term borrowings Fair value through profit and loss	Long-term borrowings Amortized cost 4,286	Long-term borrowings Fair value through OCI
Trade payables	Trade payables Value in balance sheet 13,411	Trade payables Fair value through profit and loss	Trade payables Amortized cost 13,411	Trade payables Fair value through OCI
Short-term borrowings	Short-term borrowings Value in balance sheet 1,602	Short-term borrowings Fair value through profit and loss	Short-term borrowings Amortized cost 1,602	Short-term borrowings Fair value through OCI
Other creditors and current liabilities⁽²⁾	Other creditors and current liabilities⁽²⁾ Value in balance sheet	Other creditors and current liabilities⁽²⁾ Fair value through profit and loss	Other creditors and current liabilities⁽²⁾ Amortized cost	Other creditors and current liabilities⁽²⁾ Fair value through OCI
Derivatives hedging current assets and liabilities	Derivatives hedging current assets and liabilities Value in balance sheet 12	Derivatives hedging current assets and liabilities Fair value through profit and loss 12	Derivatives hedging current assets and liabilities Amortized cost	Derivatives hedging current assets and liabilities Fair value through OCI
Derivatives hedging intercompany loans and borrowings	Derivatives hedging intercompany loans and borrowings Value in balance sheet 67	Derivatives hedging intercompany loans and borrowings Fair value through profit and loss 67	Derivatives hedging intercompany loans and borrowings Amortized cost	Derivatives hedging intercompany loans and borrowings Fair value through OCI
Derivatives hedging Eurobond 2021 and 2024 derivatives	Derivatives hedging Eurobond 2021 and 2024 derivatives Value in balance sheet 112	Derivatives hedging Eurobond 2021 and 2024 derivatives Fair value through profit and loss	Derivatives hedging Eurobond 2021 and 2024 derivatives Amortized cost	Derivatives hedging Eurobond 2021 and 2024 derivatives Fair value through OCI 112
Derivatives hedging Eurobond 2025, 2028 and 2031 derivatives	Derivatives hedging Eurobond 2025, 2028 and 2031 derivatives Value in balance sheet 87	Derivatives hedging Eurobond 2025, 2028 and 2031 derivatives Fair value through profit and loss	Derivatives hedging Eurobond 2025, 2028 and 2031 derivatives Amortized cost	Derivatives hedging Eurobond 2025, 2028 and 2031 derivatives Fair value through OCI 87
Other	Other Value in balance sheet 110	Other Fair value through profit and loss	Other Amortized cost 110	Other Fair value through OCI
Liabilities	Liabilities Value in balance sheet 19,687	Liabilities Fair value through profit and loss 79	Liabilities Amortized cost 19,409	Liabilities Fair value through OCI 199

(1) Excluding tax claims, advances to suppliers and prepayments (see Note 18).

(2) Excluding advances and deposits received, liabilities to employees and tax liabilities (see Note 25).

/Financial instruments – assets

(in millions of euros)	December 31, 2020	December 31, 2019
Derivatives qualified as hedging instruments	Derivatives qualified as hedging instruments December 31, 2020	Derivatives qualified as hedging instruments December 31, 2019
Derivatives hedging current assets and liabilities	Derivatives hedging current assets and liabilities December 31, 2020 52	Derivatives hedging current assets and liabilities December 31, 2019 10
Derivatives hedging intercompany loans and borrowings	Derivatives hedging intercompany loans and borrowings December 31, 2020 1	Derivatives hedging intercompany loans and borrowings December 31, 2019 28
Derivatives hedging Eurobond	Derivatives hedging Eurobond December 31, 2020 65	Derivatives hedging Eurobond December 31, 2019 -
Instruments at fair value through profit and loss	Instruments at fair value through profit and loss December 31, 2020	Instruments at fair value through profit and loss December 31, 2019
Venture Capital Funds	Venture Capital Funds December 31, 2020 110	Venture Capital Funds December 31, 2019 87
Unconsolidated securities	Unconsolidated securities December 31, 2020 11	Unconsolidated securities December 31, 2019 13
Instruments at amortized cost	Instruments at amortized cost December 31, 2020	Instruments at amortized cost December 31, 2019
Other financial assets, receivables and other receivables	Other financial assets, receivables and other receivables December 31, 2020 9 769	Other financial assets, receivables and other receivables December 31, 2019 10 405
Loans to associates and non-consolidated companies	Loans to associates and non-consolidated companies December 31, 2020 34	Loans to associates and non-consolidated companies December 31, 2019 21
,Total financial instruments – assets	,Total financial instruments – assets December 31, 2020 10,042	,Total financial instruments – assets December 31, 2019 10,564