H1 2022 Results - Stellantis Affiliate Growth and Profitability
RECONCILIATION OF NET REVENUES FROM EXTERNAL CUSTOMERS TO PRO FORMA NET REVENUES
STELLANTIS
H1 2021 Pro Forma
RESULTS FROM CONTINUING OPERATIONS
China and
North
Enlarged
€ million
America
Europe
Middle East
& Africa
South
America
India &
Asia Pacific
Maserati
Other (1)
Stellantis
Net Revenues from External Customers (2)
30,420
31,504
2,511
4,742
1,822
863
748
72,610
Add: FCA Net Revenues from External Customers -
Jan 1-16 '21 (3)
2,015
335
36
189
51
18
60
2,704
Add: Pro Forma Adjustments (4)
3
(7)
(4)
Pro Forma Net Revenues from External Customers -
Jan 1-Jun 30 '21
32,438
31,832
2,547
4,931
1,873
881
808
75,310
Net Revenues from Transactions with Other
Segments
9
208
5
10
4
(236)
Pro Forma Net Revenues (5)
32,447
32,040
2,547
4,936
1,883
885
572
75,310
(1) Other activities, unallocated items and eliminations
(2) PSA was identified as the accounting acquirer in the Merger, which was accounted for as a reverse acquisition, under IFRS 3 - Business Combinations, and, as such, it contributed to the results of the Company beginning Jan 1'21.
FCA was consolidated into Stellantis effective Jan 17 '21, the day after the Merger became effective.
(3) FCA consolidated Net Revenues, Jan 1-16 '21, excluding intercompany transactions
(4) Reclassifications made to present FCA's Net Revenues Jan 1-16 '21 consistently with that of PSA
(5) Pro Forma Stellantis consolidated Net Revenues, Jan 1 - Jun 30 '21
July 28, 2022
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