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

The changes in commitments over 2018 are shown in the table below:

Expatriate employees healthcare expenses Retirement

Retiree health insurance

Retirement lump sum

Service award

Total defined benefit plans

Grand total

In thousands of euros

Change in the present value of the commitment Present value of the commitment at 1 January

0 43,983

80,733 15,490

140,206

964 141,170

Financial cost

0 0

223 203

1,730 3,862

326

24

Cost of services rendered over the year

1,266

142

Cost of past services Reductions/Liquidations

9,036

0 0

0

0

0

0

Services paid

0 -6,425 0 -1,693

-1,838 -1,113

-80

Actuarial gains (losses)

1,967

446

-165

Change in scope between AFD and IEDOM Present value of the commitment at 31/12/2018

0

667

2,180

682

218

9,036 36,959

88,634

17,098

151,727

1,102 152,829

Change in the fair value of retirement plan assets Fair value of assets at 1 January

49,605

49,605

49,605

Expected return on assets

248

Services paid

-6,425 2,741

Actuarial gains (losses)

Liquidations

0

Change in scope between AFD and IEDOM Fair value of assets at 31/12/2018 Corridor limits Actuarial gains (losses) not recognised at 1 January Corridor limits at 1 January Actuarial gains (losses) generated over the year Actuarial gains (losses) recognised in profit or loss Actuarial gains (losses) N-1 recognised in equity Actuarial gains (losses) recognised in equity this period Actuarial gains (losses) not recognised at 31/12/2018

46,169

46,169

46,169

0

0

0

0

0

0

0

6

0

4,434

-1,967

-446

2,020

165 2,185

0

0

0

0

0

-165 -165

0

0

0

0

0

0

0

0 -4,434

1,967

446

-2,020

0 -2,020

0

0

0

0

0

0

0

Amounts recognised on the balance sheet at 31/12/2018 Present value of the funded commitment

36,959 -46,169

36,959 -46,169

36,959 -46,169

Fair value of financed assets

Present value of unfunded commitment

9,036

88,634 17,098 88,634 17,098

114,768 1,102 115,870 105,557 1,102 106,660

Net position

9,036 -9,211

Unrecognised actuarial gains (losses)

0

0

0

0

0

0

0

Balance sheet provision

9,036 -9,211

88,634 17,098

105,557 1,102 106,660

Amounts recognised on the income statement at 31/12/2018

153

REGISTRATION DOCUMENT 2018