Stellantis (STLA) 6-K Current report (foreign)

Exhibit 99.2

Income Statement by activity

Unaudited

	Three months ended September 30, 2016					Three months ended September 30, 2015
(€ million)	Group		Industrial activities		Financial services	Group		Industrial activities		Financial services
Net revenues	26,836		26,790		71	26,798		26,744		74
Cost of sales	22,971		22,948		48	24,052		24,022		50
Selling, general and other costs	1,824		1,815		9	1,832		1,826		6
Research and development costs	789		789		—	701		701		—
Result from investments	80		39		41	25		(6	)	31
Gains on disposal of investments	8		8		—	—		—		—
Restructuring costs / (income)	(1	)	(1	)	—	13		13		—
EBIT	1,341		1,286		55	225		176		49
Net financial expenses	528		528		—	621		621		—
Profit/(Loss) before taxes	813		758		55	(396	)	(445	)	49
Tax expense / (benefit)	207		204		3	(9	)	(11	)	2
Net profit/(loss) from continuing operations	606		554		52	(387	)	(434	)	47
Result from intersegment investments	—		52		—	—		56		—
Profit from discontinued operations, net of tax	—		—		—	88		79		9
Net profit/(loss)	606		606		52	(299	)	(299	)	56
Adjusted EBIT	1,500		1,445		55	1,163		1,114		49
Adjusted EBIT - discontinued operations	—		—		—	140		128		12
Total Adjusted EBIT	1,500		1,445		55	1,303		1,242		61

Income Statement by activity

Unaudited

	Nine months ended September 30, 2016			Nine months ended September 30, 2015
(€ million)	Group	Industrial activities	Financial services	Group		Industrial activities		Financial services
Net revenues	81,299	81,164	205	81,181		81,004		246
Cost of sales	69,928	69,855	143	71,264		71,162		171
Selling, general and other costs	5,477	5,451	26	5,794		5,728		23
Research and development costs	2,354	2,354	—	2,071		2,114		—
Result from investments	221	107	114	120		23		97
Gains on disposal of investments	13	13	—	—		—		—
Restructuring costs	66	65	1	25		25		—
EBIT	3,708	3,559	149	2,147		1,998		149
Net financial expenses	1,531	1,531	—	1,848		1,848		—
Profit before taxes	2,177	2,028	149	299		150		149
Tax expense	772	763	9	402		392		10
Net profit/(loss) from continuing operations	1,405	1,265	140	(103	)	(242	)	139
Result from intersegment investments	—	140	—	—		157		—
Profit from discontinued operations, net of tax	—	—	—	229		211		18
Net profit	1,405	1,405	140	126		126		157
Adjusted EBIT	4,507	4,357	150	3,264		3,115		149
Adjusted EBIT - discontinued operations	—	—	—	364		338		26
Total Adjusted EBIT	4,507	4,357	150	3,628		3,453		175

Statement of Financial Position by activity

Unaudited

	At September 30, 2016			At December 31, 2015
(€ million)	Group	Industrial activities	Financial services	Group	Industrial activities	Financial services
Intangible assets:	25,232	25,229	3	24,736	24,733	3
Goodwill and intangible assets with indefinite useful lives	14,432	14,432	—	14,790	14,790	—
Other intangible assets	10,800	10,797	3	9,946	9,943	3
Property, plant and equipment	28,469	28,467	2	27,454	27,452	2
Investments and other financial assets	2,337	2,737	1,032	2,242	2,621	1,009
Deferred tax assets	3,432	3,376	56	3,343	3,292	51
Other assets	236	236	—	176	176	—
Total Non-current assets	59,706	60,045	1,093	57,951	58,274	1,065
Inventories	12,537	12,537	—	11,351	11,351	—
Assets sold with a buy-back commitment	2,028	2,028	—	1,881	1,881	—
Trade receivables	2,747	2,747	14	2,668	2,669	17
Receivables from financing activities	2,274	798	2,244	2,006	769	1,998
Current tax receivables	461	466	3	405	400	5
Other current assets	3,358	3,340	19	3,078	3,059	20
Current financial assets	977	943	34	1,383	1,342	42
Cash and cash equivalents	16,626	16,560	66	20,662	20,528	134
Assets held for sale	4	4	—	5	5	—
Assets held for distribution	—	—	—	3,650	3,365	1,258
Total Current assets	41,012	39,423	2,380	47,089	45,369	3,474
Total Assets	100,718	99,468	3,473	105,040	103,643	4,539
Equity and Liabilities
Equity	17,407	17,407	1,432	16,255	16,255	1,462
Provisions	24,347	24,335	12	23,856	23,846	10
Deferred tax liabilities	200	200	—	156	156	—
Debt	25,292	24,157	1,903	27,786	26,834	1,768
Other financial liabilities	553	547	6	736	736	3
Other current liabilities	11,599	11,507	97	10,930	10,838	96
Current tax payables	225	215	18	272	266	14
Trade payables	21,095	21,100	5	21,465	21,472	3
Liabilities held for distribution	—	—	—	3,584	3,240	1,183
Total Equity and liabilities	100,718	99,468	3,473	105,040	103,643	4,539

Statement of Cash Flows by activity

Unaudited

	Nine months ended September 30, 2016						Nine months ended September 30, 2015
(€ million)	Group		Industrial activities		Financial services		Group		Industrial activities		Financial services
Cash flows from operating activities:
Net profit/(loss) from continuing operations	1,405		1,405		140		(103	)	(103	)	139
Amortization and depreciation	4,462		4,461		1		4,041		4,040		1
Dividends received	123		141		—		112		123		—
Change in provisions	720		719		1		2,160		2,160		—
Change in deferred taxes	112		114		(2	)	184		189		(5	)
Change in working capital	(1,261	)	(1,282	)	21		(1,423	)	(1,397	)	(26	)
Other changes	(39	)	(81	)	(98	)	191		135		(83	)
Cash flows from operating activities - discontinued operations(1)	—		—		—		311		293		18
Total	5,522		5,477		63		5,473		5,440		44
Cash flows from/(used in) investing activities:
Investments in property, plant and equipment and intangible assets	(5,894	)	(5,893	)	(1	)	(6,232	)	(6,230	)	(2	)
Investments in joint ventures, associates and unconsolidated subsidiaries	(102	)	(102	)	—		(80	)	(80	)	—
Net change in receivables from financing activities	(231	)	(123	)	(108	)	494		(54	)	548
Other changes	202		203		(1	)	3		(112	)	115
Cash flows used in investing activities - discontinued operations	—		—		—		(337	)	(249	)	(88	)
Total	(6,025	)	(5,915	)	(110	)	(6,152	)	(6,725	)	573
(1) Amortization and depreciation - discontinued operations	—		—		—		204		203		1

	Nine months ended September 30, 2016						Nine months ended September 30, 2015
(€ million)	Group		Industrial activities		Financial services		Group		Industrial activities		Financial services
Cash flows used in financing activities:
Net change in financial payables and other financial assets/liabilities	(3,088	)	(3,078	)	(10	)	(2,461	)	(1,799	)	(662	)
Other changes	(141	)	(141	)	(18	)	7		7		(11	)
Cash flows used in financing activities - discontinued operations	—		—		—		7		(49	)	56
Total	(3,229	)	(3,219	)	(28	)	(2,447	)	(1,841	)	(617	)
Translation exchange differences	(304	)	(311	)	7		463		499		(36	)
Total change in Cash and cash equivalents	(4,036	)	(3,968	)	(68	)	(2,663	)	(2,627	)	(36	)
Cash and cash equivalents at the beginning of the period	20,662		20,528		134		22,840		22,627		213
Cash and cash equivalents at the end of the period	16,626		16,560		66		20,177		20,000		177