AFD - 2019 Universal registration document

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

❙ Financing commitments

Performing commitments

Doubtful commitments Stage b 3 Strate 3

Financial commitments impaired from their acquisition or creation

Total

Bucket 1 Bucket 2

In thousands of euros

Amount of commitment Investment grade (AAA to BBB-)

1,035,623

8,070

6,722 1,043,693 97,500 1,560,099

BB+ to BB-

1,279,990 280,109

B+

147,028

66,680

60,000 30,746 100,193

213,708 564,138 333,934 93,883

B

355,758 208,380 47,936 285,998

B-

CCC to D-

93,883 93,883

9,652

Total at 31 b December b 2019 Investment grade (AAA to BBB-)

2,866,335 849,237

304,813 3,809,455

947,205

20,289

- - - - -

289

967,494

BB+ to BB-

869,639 282,154

15,171 1,151,793

B+

141,802

19,374

- -

161,177 635,203 256,594 25,184

B

421,877 213,325

B-

- -

256,594

4,347

CCC to D-

-

25,184 25,184

-

TOTAL AT 31 b DECEMBER b 2018

2,380,523 791,737

19,808 3,197,444

❙ Guarantee commitments

Performing commitments

Doubtful commitments Stage b 3 Strate 3

Financial commitments impaired from their acquisition or creation

Total

Bucket 1 Bucket 2

In thousands of euros

Amount of commitment Investment grade (AAA to BBB-)

55,615

1,031

1,031

56,646 475,489

BB+ to BB-

11,614 463,875

178,431

B+

-

B

54,277

76,924

60,105

131,201

B-

-

CCC to D-

36,807 36,807

1,084

36,807

Total at 31 b December b 2019 Investment grade (AAA to BBB-)

121,506 541,830

240,650 700,143

63,973

-

- - - - -

-

63,973 391,552

BB+ to BB-

11,070 380,482

87,974

B+

-

- - - -

- - - -

-

B

76,806

76,806

B-

- -

-

CCC to D-

31,999 31,999

31,999

TOTAL AT 31 b DECEMBER b 2018

151,850 380,482

87,974 564,330

Credit risk exposure: change in book values and value adjustments for losses over the period Value adjustments for losses correspond to impairment on assets and provisions on off-balance sheet commitments recognised in net income (“Cost of risk”) in respect of the credit risk. The following tables present a reconciliation of the opening and closing balances of the value adjustments for losses recognised in “Cost of risk” and the associated book values, by accounting category and type of instrument.

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UNIVERSAL REGISTRATION DOCUMENT 2019

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