AFD - 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING PRINCIPLES ADOPTED BY THE EUROPEAN UNION Notes to the consolidated financial statements

NOTE 7 Property, plant and equipment and intangible assets

Property, plant and equipment

Land & development

Buildings & development

Total 31/12/2017

Total 31/12/2018

Other

Intangible assets

In thousands of euros

Gross value At opening Purchases

88,589

214,208

54,019 8,206 -1,571

78,347 16,498

435,163 31,412

416,595 27,837

111

6,597

Disposals/retirements

-

-162

-287

-2,020

-9,268

Other items

6

-4

-2

- -

- -

-

Change in scope

-

-

-

At closing

88,706

220,639

60,652

94,558 464,555 435,165

Depreciation/amortisation At opening

2,762

120,703

39,161 4,492 -1,160

46,525

209,151 22,564

197,671 20,490

Provisions Reversals Other items

206

8,875

8,991

- - -

-83

-2

-1,244

-1

- -

- -

- -

- -

-9,008

Change in scope

-

At closing

2,968

129,496

42,494

55,515 230,473 209,153

Impairments At opening Provisions Reversals At closing NET VALUE

-

-

-

-

- - -

- - -

-

-

-

-

-

-

85,737

91,142

18,157

39,043 234,080 226,012

NOTE 8 Financial liabilities valued at amortised cost

6

❙ Debts to credit institutions and customers and debt securities in issue at amortised cost

31/12/2017

31/12/2018

In thousands of euros

Debts to credit institutions at amortised cost Demand debts

11,139

16,416

Term debts

640

540 104

Related debts

TOTAL DEBTS TO CREDIT INSTITUTIONS AT AMORTISED COST

11,779

17,060

Debts to customers at amortised cost Accounts payable, customers

1,690 1,690

2,187 2,187

TOTAL DEBTS TO CUSTOMERS AT AMORTISED COST

Debt securities in issue at amortised cost Interbank market securities

478,458

679,787

Bonds

29,487,317

27,080,393

Related debts

353,678 925,822

315,309 818,369

Valuation adjustments of debt securities in issue hedged by derivatives TOTAL DEBT SECURITIES IN ISSUE AT AMORTISED COST

31,245,275

28,893,858

143

REGISTRATION DOCUMENT 2018