AFD - 2019 Universal registration document

AFD’S ANNUAL FINANCIAL STATEMENTS 7 Accounting principles and assessment methods

Expatriate employees healthcare expenses

Retiree health insurance

Grand total

Retire- ment

Retirement lump sum

Total defined benefit plans

Service award

In thousands of euros

Amounts recognised on the balance sheet at 31/12/2019 Present value of the funded commitment

28,223

Fair value of financed assets

0 -37,073

-8,851

-8,851

Present value of unfunded commitment

11,797 11,797 -2,309 9,488

119,281

20,207 20,207 -3,650 16,557

151,284 142,434 -31,836 110,598

1,279 152,564 1,279 143,713

Net position

-8,851 119,281

Unrecognised actuarial gains (losses)

6,508 -32,385

0 -31,836

Balance sheet provision

-2,343

86,896

1,279 111,877

Amounts recognised on the income statement at 31/12/2020 Cost of services rendered over the period

330

168

4,484 1,838 1,862

1,438

6,419 1,838 2,657

152

6,571 1,838 2,681

Cost of past services

0

0

0

0

Financial cost for the period

187

260

348

23

Recognised actuarial gains (losses)

0 0

-747 -323

0

0

-747 -323

117

-630 -323

Expected return on retirement plan assets

Cost of services rendered Impact of reductions/liquidations Expenses booked

517

-643

8,184

1,785

9,844

293 10,137

Reconciliation of opening and closing net liability Liability at 1 January

9,036

-1,689

80,690

16,151

104,189

1,102 105,291

Expenses booked Contributions paid

517

-643

8,184

1,785

9,844

293 10,137

0

Restatements and transfers

0

-11

-46

-20

-78

-1

-79

Employer contributions

-66

0 0

-1,933

-1,359

-3,357

-115

-3,472

Items not to be recycled in profit or loss

0

0

0

0

0

Net liabilities at 31/12/2019

9,488

-2,343

86,896

16,557

110,598

1,279 111,877

Change in net liabilities

452

-654

6,206

406

6,409

177

6,586

Projected commitments at 31 Ǿ December Ǿ 2019 are as follows: Actuarial debt at 31/12/2019

9,488 28,223 86,896 16,557 141,164

1,279 142,443 189 10,280

Cost of services rendered in 2020

450 122

140

7,557 1,268

1,943 10,091

Financial cost in 2020

0

212

1,603

14

1,617

Actuarial losses (gains) recognised in profit or Ǿ loss Services payable in 2020/transfer of capital upon departures in 2020

67

1,197

95

-65 -9,487 -2,043 -1,172 -12,767 10,063 18,876 94,876 17,635 141,450

-121 -12,888 1,361 142,811

Estimated debt at 31/12/2020

184

UNIVERSAL REGISTRATION DOCUMENT 2019

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