AFD - 2019 Universal registration document

CHAPTER 7

AFD’s annual fi nancial statements

7.1

Highlights of the financial year 177

7.2.9 Forward fi nancial instruments

180 181 185 185 185 185 185 185 185

7.2.10 Provisions

7.1.1 Growth of the balance sheet 7.1.2 Financing of the Group’s activity 7.1.3 Appropriation of 2018 earnings 7.1.4 Proparco shareholder structure

177 177 177 177 177 178 178 178 178 179 179 180 180 180

7.2.11 Reserve for General Banking Risk (RGBR)

7.2.12 Subordinated debt

7.2.13 Financing commitments 7.2.14 Guarantee commitments

7.1.5 Fisea capital increase

7.2.15 Disclosure on non-cooperating States and territories 7.2.16 Other information related to Ǿ consolidation

7.2

Accounting principles and assessment methods

7.2.17 Post-closing events

7.2.1 General comments

7.3 Notes to the financial

7.2.2 Conversion of foreign currencies

7.2.3 Loans to credit institutions and Ǿ customers 7.2.4 Short-term and long-term investments 7.2.5 Shares in related businesses, equity stakes and long-term investments

statements at 31 December 2019 186

7.4 AFD’s financial results over the last five financial years 7.5 Statutory auditors’ report on the financial statements

197

7.2.6 Bonded debt 7.2.7 Subventions 7.2.8 Fixed assets

198

173

UNIVERSAL REGISTRATION DOCUMENT 2019