AFD - 2018 Registration document

CHAPTER 7

AFD’s annual financials statements

7.1

Highlights of the period

183

7.2.8 Fixed assets

186 186 187 190 190 191 191 191 191 191

7.2.9 Forward financial instruments

7.1.1 Growth of the balance sheet 7.1.2 Financing of the Group’s activity 7.1.3 Appropriation of 2017 earnings 7.1.5 End of the UES linking AFD and IEDOM 7.1.6 Initial estimate of the health insurance agreement for expatriate employees 7.1.7 Accounting for credit risk provisions: change from French GAAP to IFRS 7.1.4 Fisea capital increase

183 183 183 183 183

7.2.10 Provisions

7.2.11 Reserve for General Banking Risk (RGBR)

7.2.12 Subordinated debt

7.2.13 Financing commitments 7.2.14 Guarantee commitments

7.2.15 Disclosure on non-cooperating States and territories 7.2.16 Other information related to consolidation

183

183

7.2.17 Post-closing events

7.2

Accounting principles and assessment methods

7.3 Notes to the financial

184

statements at 31 December 2018 192

7.2.1 General comments

184 184 184 185 185 186 186

7.2.2 Conversion of foreign currencies

7.4 AFD’s financial results over the last five years

7.2.3 Loans to credit institutions and customers 7.2.4 Short-term and long-term investments 7.2.5 Shares in related businesses, equity stakes and long-term investments

204

7.5 Statutory auditors’ report on

the annual financial statements 205

7.2.6 Bonded debt 7.2.7 Subsidies

179

REGISTRATION DOCUMENT 2018