PARENT COMPANY (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure of condensed financial information of parent company [abstract]

Statement of Financial Position of Constellium SE (parent company only)

Statement of Financial Position of Constellium SE (parent company only).

(in millions of Euros)	At December 31, 2019		At December 31, 2018
Assets
Current assets
Cash and cash equivalents	—		—
Trade receivables and other	200		109
Other financial assets	37		38
	237		147
Non-current assets
Property, plant and equipment	—		—
Financial assets	2,002		2,106
Investments in subsidiaries	159		144
Trade receivables and other	27		—
Deferred income tax assets	1		2
	2,189		2,252
Total Assets	2,426		2,399
Liabilities
Current liabilities
Trade payables and other	6		5
Income tax payable	45		21
Other financial liabilities	33		33
	84		59
Non-current liabilities
Borrowings	1,954		2,022
Income tax payable	19		—
	1,973		2,022
Total Liabilities	2,057		2,081
Equity
Share capital	3		3
Share premium	429		429
Accumulated retained earnings	(153	)	(239	)
Other reserves	53		38
Net income	37		87
Total Equity	369		318
Total Equity and Liabilities	2,426		2,399

Statement of Comprehensive income / (loss) of Constellium SE (parent company only)

Statement of Comprehensive income / (loss) of Constellium SE (parent company only).

(in millions of Euros)	Year ended December 31, 2019		Year ended December 31, 2018		Year ended December 31, 2017
Revenue	3		3		1
Gross profit	3		3		1
Selling and administrative expenses	(19	)	(15	)	(5	)
Employee benefit expenses	(3	)	(3	)	(1	)
Loss from recurring operations	(19	)	(15	)	(5	)
Other income	—		—		—
Other expense	(3	)	(3	)	—
Loss from operations	(22	)	(18	)	(5	)
Financial result - net	41		80		(65	)
Income / (loss) before income tax	19		62		(70	)
Income tax	18		25		—
Net income / (loss)	37		87		(70	)
Other comprehensive income / (loss)	—		—		—
Total comprehensive income / (loss)	37		87		(70	)

Statement of Cash Flows of Constellium SE (parent company only)

Statement of Cash Flows of Constellium SE (parent company only)

(in millions of Euros)	Year ended December 31, 2019		Year ended December 31, 2018		Year ended December 31, 2017
Net income / (loss)	37		87		(70	)
Adjustments
Finance cost - net	(41	)	(80	)	65
Dividend received	—		—		—
Income tax	(18	)	(25	)	—
Interest paid	(115	)	(102	)	(148	)
Interest received	143		134		149
Changes in working capital	—		—		—
Trade receivables and other	27		—		(1	)
Income tax paid	50		—		—
Trade payables and other	2		—		2
Net cash flows from / (used in) operating activities	85		14		(3	)
Investments in subsidiaries	—		(1	)	(11	)
Current account with subsidiaries and related parties	(135	)	(13	)	180
Loans granted to subsidiaries and related parties	—		—		(1,640	)
Repayment of loans granted to subsidiaries and related parties	150		—		823
Exit fees received from subsidiaries	—		—		9
Net cash flows from / (used in) investing activities	15		(14	)	(639	)
Net proceeds received from issuance of shares	—		—		259
Proceeds from issuance of Senior Notes	—		—		1,440
Payment of deferred financing costs	—		—		(29	)
Repayment of Senior Notes	(100	)	—		(949	)
Payment of exit fees	—		—		(61	)
Realized foreign exchange gains / (losses)	—		—		(17	)
Other	—		—		(1	)
Net cash flows (used in) / from financing activities	(100	)	—		642
Net increase in cash and cash equivalents	—		—		—
Cash and cash equivalents - beginning of year	—		—		—
Effect of exchange rate changes on cash and cash equivalents	—		—		—
Cash and cash equivalents - end of year	—		—		—