AFD - 2018 Registration document

AFD’S ANNUAL FINANCIALS STATEMENTS Notes to the financial statements at 31 December 2018

NOTE 22 Commission income and expenses

December 2017

December 2018

In thousands of euros Commission income

81,390 65,881 11,916

76,683 54,590 16,722

from subsidies from processing

other

3,594

2,371

Commission expenses

637

592

NOTE 23 Gains or losses on investment portfolio transactions

December 2017

December 2018

In thousands of euros

Balance of investment portfolio transactions

-3,898

-731 119 305 366 911

Capital gains on disposals Capital losses on disposals

20

2,676 1,051 2,293

Reversals of provisions for depreciation

Provisions for depreciation

NOTE 24 Other income on banking operations

December 2017

December 2018

In thousands of euros

Other income on banking operations

280,805 208,439

272,606 211,549

Subsidies

Other banking income

66,796

61,057

Net foreign exchange gains

5,570

-

NOTE 25 Other expenses on banking operations

December 2017

December 2018

In thousands of euros

Other expenses on banking operations

65,615 65,615

67,154 61,395

7

Other operating expenses Net foreign currency losses

-

5,759

NOTE 26 Overheads – Staff costs

December 2017

December 2018

In thousands of euros

Wages and bonuses

172,074 71,074

156,751 64,579 10,490 15,435

Social security expenses

Profit sharing

8,417

Taxes and similar payments on remuneration

17,145

Provisions/reversal of provisions

7,735

1,723

Rebilling banks’ staff

-15,030 261,415

-13,317 235,661

TOTAL

201

REGISTRATION DOCUMENT 2018