AFD - 2019 Universal registration document

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS 6 Notes to the consolidated financial statements

NOTE 13 Gains or losses on financial instruments at fair value through profit and loss

31/12/2019

31/12/2018

Gains and losses on financial

Gains and losses on financial instruments at fair value through profit and loss

Gains and losses on financial

Gains and losses on financial instruments at fair value through profit and loss

instruments at fair value through profit and loss: foreign currency impact

instruments at fair value through profit and loss: foreign currency impact

Foreign currency impact on derivatives

Foreign currency impact on derivatives

In thousands of euros

Financial assets and liabilities at fair value through profit and loss Income from financial instruments at fair value through P&L Unrealised or realised capital gains or losses on debt securities that do not meet the SPPI criteria Loans and hedges at fair value through profit and loss Income resulting from hedge accounting Change in fair value of hedging derivatives

24,390

9,124

33,514

-22,959

-22,959

11,259

-

11,259

7,142

-

7,142

8,322

8,322

21,368

21,368

4,809

9,124 -9,674

13,933 21,815

-51,469 30,345 341,608 -311,263

-51,469 30,345 341,608 -311,263

31,489

-

163,089 -131,600

-9,567 153,522 -107 -131,707

Change in fair value of the hedged item

Natural hedging CVA/DVA/FVA

-25,256

20,494

-4,762 4,033

-43,901

105

-43,796

4,033

-

-987

-

-987

TOTAL

34,656 19,943 55,150

-37,503

105 -37,397

NOTE 14 Net gains or losses on other financial assets recognised at fair value through shareholders’ equity

31/12/2019

31/12/2018

In thousands of euros

Dividends received on equity instruments recognised at fair value through non-recyclable shareholders’ equity Gains or losses on equity instruments recognised at fair value through non-recyclable shareholders’ equity Gains or losses on debt securities recorded at fair value through equity to be recycled in profit or loss

21,346

14,308

-

-

-2,751

-2,656

NET GAINS OR LOSSES ON FINANCIAL ASSETS RECOGNISED IN EQUITY

18,595

11,652

NOTE 15 Income from other activities

31/12/2019

31/12/2018

In thousands of euros

Subsidies

220,381

199,103

Other income

17,776

35,845

TOTAL 234,948 Subsidies on loans and borrowings are paid by the State to reduce the financing cost or to reduce lending costs for borrowers. 238,157

142

UNIVERSAL REGISTRATION DOCUMENT 2019

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