AFD - 2018 Registration document

7

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

NOTE 27 Average workforce

Skilled employees Supervisors Service staff

Head office and branches (excluding institutions)

Executives

Stationary staff

Total 2018

1,525

129

4

1

528

2,187

NOTE 28 Asset impairment

December 2018

Translation adjustment

December 2017

In thousands of euros

Provisions Reversals

Total

Unpaid interest on loans (Notes 3 and 4) Individualised risk on loans (Notes 3 and 4) Impairment of equity stakes (Notes 5 and 6) Impairment of short-term investments (Note 23)

147,898 297,975 34,418

18,687 52,361

13,463 33,646

55

153,177 317,841 37,515

1,152

5,760 2,293

2,663 1,051

1,285

2,527

TOTAL

481,576

79,101

50,823

1,207 511,060

NOTE 29 Cost of credit risk (1)

December 2018

Provisions

Reversals

Total

December 2017

In thousands of euros

Provisions (Note 15) (1)

87,368 49,887 15,705

37,209 31,158

-50,160 -18,730

36,055 -21,786

Depreciation of principal of doubtful loans (Note 28)

Losses on principal of bad loans

9,374

-6,332

-4,420 9,849

TOTAL

152,960

77,740

-75,220

(1) These figures do not include the first line or the last three lines of Note 15.

NOTE 30 Gains or losses on fixed assets

December 2018 December 2017

In thousands of euros

Gains or losses on financial fixed assets

-1,222 1,875 -3,097

4,951

Capital gains and losses

18,169 -13,218

Provisions/reversals for depreciation Gains or losses on other fixed assets

-75

469

TOTAL

-1,296

5,420

NOTE 31 Exceptional income

December 2017

December 2018

In thousands of euros

Exceptional gains Exceptional losses

3,308 9,531

50

701

NET TOTAL

-6,223

-650

202

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REGISTRATION DOCUMENT 2018