AFD - 2018 Registration document

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RISK MANAGEMENT

Basel III Pillar 3

4.2.5.1.1.1 Credit risk exposure Balance sheet and off-balance sheet items exposed to credit risk are presented in the table below:

31/12/2017

31/12/2018

Assets In thousands of euros

IFRS

IFRS

Cash, due from central banks

1,399,405 2,212,564

1,016,778

Financial assets measured at fair value through profit and loss (excluding derivatives)

33,244

Financial assets available for sale

3,016,003

Financial assets at fair value through equity

1,464,695 1,301,006 7,122,024 1,908,646 5,213,378 26,485,764

Securities at amortised cost

Loans and receivables due from credit institutions

6,613,638 1,260,143 5,353,495 25,437,510

Demand

Term

Loans and receivables due from customers

Commercial receivables Other loans to customers Overdrafts Finance lease Total loans and receivables Held-to-maturity financial assets

26,485,764

25,437,510

33,607,788

32,051,148

778,182 146,156 146,851

Equity stakes in companies accounted for by the equity method Financial assets at fair value through profit and loss (Derivatives)

150,105 200,823

Hedging derivatives

1,824,239 2,025,062

1,679,788 1,826,639

Derivatives

BALANCE SHEET TOTAL Off-balance sheet Firm lending commitments

42,160,625

38,868,151

11,980,131

11,989,375

Financial guarantees

597,433

584,957

OFF-BALANCE SHEET TOTAL

12,577,564 54,738,188

12,574,332 51,442,482

GRAND TOTAL

4.2.5.1.1.2 Breakdown by major credit exposure category, type of counterparty and geographic area The geographic spread (foreign countries/French Overseas Departments andCollectivities) and the breakdownby type of activity (sovereign/non-sovereign) for the gross loan portfolio is discussed in Chapter 5.3.1 “Consolidated balance sheet” (“ASSETS”, page 93).

The different types of financial assets are detailed in Note 5 to the consolidated financial statements – “Financial instruments at amortised cost”. As for equity investments, the relevant consolidated balance sheet headings are presented in the table below:

❙ Equity stakes

31/12/2017

31/12/2018

IFRS

IFRS

Listed Unlisted

Total

Listed Unlisted

Total 8,676

In thousands of euros

Equity stakes at fair value through profit and loss

1,047 921,931 922,978

8,676

Equity stakes included in financial assets recognised in equity

397,163 397,163 61,747 1,185,002 1,246,749

Companies accounted for by the equity method

150,105 150,105

146,156 146,156

TOTAL

1,047 1,469,199 1,470,246 61,747 1,339,834 1,401,581

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REGISTRATION DOCUMENT 2018