AFD - 2018 Registration document

7

AFD’S ANNUAL FINANCIALS STATEMENTS AFD’s financial results over the last five years

NOTE 35 Investments held inmanaged funds (1)

Number of equity stakes Purchase price

Fund source

Caisse d’Investissement des DOM (Cidom)

3 5

1,330

Fonds d’Investissement et de Développement Économique et Social (Fides)

642

Fonds d’Investissement des DOM (Fidom)

12

1,526

Other Government resources

6

18,344 21,842

TOTAL

26

(1) This information does not appear in the publishable off-balance sheet.

NOTE 36 Compensation of executive officers Gross annual compensation allocated to executive officers is €367,220.

NOTE 37 Corporate income tax Only income from property and from representing mainland credit institutions in the French Overseas Departments, as well as AFD’s refinancing activity with regard to its Proparco subsidiary, are subject to corporation tax.

NOTE 38 Risk exposure AFD operates on its own behalf in forward financial markets as part of its own activities and those delegated to it by the French State. These transactions are undertaken within the limits authorised by General Management with the agreement of the Board of Directors.

7.4 AFD’s financial results over the last five years

2017 4,794

2016

2015 2,097

2014 1,941

2018 5,017

Capital + Retained earnings + Income (in millions of euros)

4,607

Net banking income (in millions of euros)

637 145

568 215

539 138

533 180

449

Net income (in millions of euros)

121.3 6.25% 0.40%

Net income/capital + retained earnings + income

2.90% 0.32%

4.48% 0.52%

3.00% 0.37%

8.58% 0.51%

Net income/balance sheet total Staff Number of employees (average) Total payroll costs (in millions of euros)

2,187

1,978

1,811

1,715 193.8

1,685 184.8

261

236

210

of which social and cultural initiatives (in millions of euros)

19.5

20.6

16.3

13

14.3

204

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REGISTRATION DOCUMENT 2018