FY 2021 Results
RECONCILIATION OF NET PROFIT TO PRO FORMA ADJUSTED OPERATING INCOME
H2 2020 Pro Forma
RESULTS FROM CONTINUING OPERATIONS
STELLANTIS
€ million
North
America
South
America
Enlarged
Europe
Middle East
& Africa
China and
India & Asia
Pacific
Maserati
Other (1)
Stellantis
Net Profit from Continuing Operations
1,541
Tax Expense
Net Financial Expenses
Share of the Loss of Equity Method Investees
Add: FCA Operating Income - Jul 1 - Dec 31'20
Add: Pro Forma Adjustments
Pro Forma Operating Income
Adjustments:
Impairment Expense and Supplier Obligations (2)
Restructuring Costs, Net of Reversals (3)
Provision for U.S. Investigation Matters (4)
Loss on Disposal of Investments (5)
Other (6)
Total Adjustments - Jul 1 - Dec 31 '20
Pro Forma Adjusted Operating Income
349
254
150
3,840
1,237
7,371
138
14
3
3212
(3)
111
(1)
376
40
(2)
(165)
(4)
155
5,247
(3)
362
219
2,865
257
༄༑ I mགྱི ཙེརྦེ
55
9
49
358
11
403
222
222
20
63
4
219
55
55
13
521
1,101
164
13
(293)
8,472
(1) Other activities, unallocated items and eliminations
(2) Primarily related to impairment of certain B-segment assets in Enlarged Europe, as well as impairments in North America due to the change in CAFE penalty rates for future model years
(3) Restructuring costs related to reorganization of operations, primarily in Enlarged Europe
(4) Provision recognized for estimated probable losses to settle matters under investigation by the U.S. Department of Justice, primarily related to criminal investigations associated with U.S. diesel emissions matters
(5) Primarily related to loss on disposal of investment in Enlarged Europe
(6) Primarily includes other costs related to merger and litigation proceedings
February 23, 2022
FY 2021 RESULTS | 52View entire presentation