In 2003, consolidated revenues for the Renault group totalled EUR37.5 billion, up 3.8% compared to 2002, on a consistent basis.

 EUR million As a % 
Division Year
2002
published
Year
2002
restated
(1) 
Year
2003
Change
Year 2003/
Year 2002
restated (1) 
Automobile 34,456 34,274 35,535 3.7 
Sales Financing 1,880 1,893 1,990 5.1 
Total revenues 36,336 36,167 37,525 3.8 

Table updated on 10/02/2004

(1) To permit comparisons, 2002 data have been restated to conform to the 2003 presentation. 
For the Automobile Division, the main changes are as follows:  - consolidation changes: the deconsolidation of Renault Agriculture on April 30, 2003 following the sale of a 51% stake to Claas (negative impact: EUR492 million) and the full consolidation on January 1, 2003 of the Russian subsidiary Avtoframos (positive impact: EUR32 million)
- change of consolidation method: Sofasa was fully consolidated on January 1, 2003 (positive impact: EUR199 million); previously it was accounted for under the equity method.
 
The Sales Financing Division recorded one consolidation change, i.e. the proportional consolidation of 49% of Overlease Italy on January 1, 2003 (positive impact: EUR13 million). 

Revenues published in 2003

 EUR million As a % 
Division  1st
quarter
2003
1st
half
2003
3rd
quarter
2003 
Year
2003
published
Change
Year 2003/
Year 2002
published
Change
Year 2003/
Year 2002
restated (1) 
Automobile 8,545 17,668 25,891 35,535 3.1 3.7 
Sales Financing  470 985 1,474 1,990 5.9 5.1 
Total revenues 9,015 18,653 27,365 37,525 3.3 3.8 

Table updated on 10/02/2004

(1) For comparison purposes, data for 2002 has been restated on a consistent basis with the data of 2003.

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