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PARENT COMPANY (Tables) | 12 Months Ended
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Dec. 31, 2020
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).
|  | At December 31,
(in millions of Euros) |  | 2020 |  | 2019
Assets |  |  |  |
Current assets |  |  |  |
Cash and cash equivalents |  | — |  |  | — |
Trade receivables and other |  | 172 |  |  | 200 |
Other financial assets |  | 34 |  |  | 37 |
|  | 206 |  |  | 237 |
Non-current assets |  |  |  |
Property, plant and equipment |  | — |  |  | — |
Financial assets |  | 2,011 |  |  | 2,002 |
Investments in subsidiaries |  | 173 |  |  | 159 |
Trade receivables and other |  | 38 |  |  | 27 |
Deferred income tax assets |  | 15 |  |  | 1 |
|  | 2,237 |  |  | 2,189 |
Total Assets |  | 2,443 |  |  | 2,426 |
Liabilities |  |  |  |
Current liabilities |  |  |  |
Trade payables and other |  | 6 |  |  | 6 |
Income tax payable |  | 13 |  |  | 45 |
Other financial liabilities |  | 30 |  |  | 33 |
|  | 49 |  |  | 84 |
Non-current liabilities |  |  |  |
Borrowings |  | 1,901 |  |  | 1,954 |
Income tax payable |  | 77 |  |  | 19 |
|  | 1,978 |  |  | 1,973 |
Total Liabilities |  | 2,027 |  |  | 2,057 |
Equity |  |  |  |
Share capital |  | 3 |  |  | 3 |
Share premium |  | 429 |  |  | 429 |
Accumulated retained earnings |  | (116) |  |  | (153) |
Other reserves |  | 68 |  |  | 53 |
Net income |  | 32 |  |  | 37 |
Total Equity |  | 416 |  |  | 369 |
Total Equity and Liabilities |  | 2,443 |  |  | 2,426 |
Statement of Comprehensive Income / (Loss) of Constellium SE (parent company only) | Statement of Comprehensive income / (loss) of Constellium SE (parent company only).
|  | Year ended December 31,
(in millions of Euros) |  | 2020 |  | 2019 |  | 2018
Revenue |  | 3 |  |  | 3 |  |  | 3 |
Gross profit |  | 3 |  |  | 3 |  |  | 3 |
Selling and administrative expenses |  | (14) |  |  | (19) |  |  | (15) |
Employee benefit expenses |  | (3) |  |  | (3) |  |  | (3) |
Loss from recurring operations |  | (14) |  |  | (19) |  |  | (15) |
Other income |  | — |  |  | — |  |  | — |
Other expense |  | — |  |  | (3) |  |  | (3) |
Loss from operations |  | (14) |  |  | (22) |  |  | (18) |
Financial result - net |  | 31 |  |  | 41 |  |  | 80 |
Income before income tax |  | 17 |  |  | 19 |  |  | 62 |
Income tax benefit |  | 15 |  |  | 18 |  |  | 25 |
Net income |  | 32 |  |  | 37 |  |  | 87 |
Other comprehensive income / (loss) |  | — |  |  | — |  |  | — |
Total comprehensive income |  | 32 |  |  | 37 |  |  | 87 |
Statement of Cash Flows of Constellium SE (parent company only) | Statement of Cash Flows of Constellium SE (parent company only)
|  | Year ended December 31,
(in millions of Euros) |  | 2020 |  | 2019 |  | 2018
Net income |  | 32 |  |  | 37 |  |  | 87 |
Adjustments |  |  |  |  |  |
Finance cost - net |  | (31) |  |  | (41) |  |  | (80) |
Dividends received |  | — |  |  | — |  |  | — |
Income tax benefit |  | (15) |  |  | (18) |  |  | (25) |
Change in working capital |  |  |  |  |  |
Trade receivables and other |  | (2) |  |  | 27 |  |  | — |
Trade payables and other |  | — |  |  | 2 |  |  | — |
Interest paid |  | (114) |  |  | (115) |  |  | (102) |
Interest received |  | 139 |  |  | 143 |  |  | 134 |
Income tax received |  | 18 |  |  | 50 |  |  | — |
Net cash flows from operating activities |  | 27 |  |  | 85 |  |  | 14 |
Investments in subsidiaries |  | — |  |  | — |  |  | (1) |
Current account with subsidiaries and related parties |  | 29 |  |  | (135) |  |  | (13) |
Loans granted to subsidiaries and related parties |  | (290) |  |  | — |  |  | — |
Repayment of loans granted to subsidiaries and related parties |  | 150 |  |  | 150 |  |  | — |
Exit fees received from subsidiaries |  | — |  |  | — |  |  | — |
Net cash flows (used in) / from investing activities |  | (111) |  |  | 15 |  |  | (14) |
Net proceeds received from issuance of shares |  | — |  |  | — |  |  | — |
Proceeds from issuance of Senior Notes |  | 290 |  |  | — |  |  | — |
Repayment of Senior Notes |  | (200) |  |  | (100) |  |  | — |
Payment of exit fees |  | — |  |  | — |  |  | — |
Payment of deferred financing costs |  | (6) |  |  | — |  |  | — |
Realized foreign exchange gains / (losses) |  | — |  |  | — |  |  | — |
Other financing activities |  | — |  |  | — |  |  | — |
Net cash flows from / (used in) financing activities |  | 84 |  |  | (100) |  |  | — |
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 |  | — |  |  | — |  |  | — |

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