AFD - 2019 Universal registration document

AFD’S ANNUAL FINANCIAL STATEMENTS 7

Notes to the financial statements at 31 December 2019

7.3 Notes to the financial statements at 31 December 2019

I SUMMARY OF THE NOTES

NOTE 1

Short-term investments

187

NOTE 21 Interest and related expenses

193

NOTE 2 Investment securities

187

NOTE 22 Commission income and expenses

194

NOTE 3 Receivables from credit institutions

188

NOTE 23 Gains or losses on investment portfolio transactions

194

NOTE 4 Transactions with customers

188

NOTE 24 Other income on banking operations

194

NOTE 5 Equity stakes and other long-term investments

189

NOTE 25 Other expenses on banking operations

194

NOTE 6 Shares in related businesses

189

NOTE 26 Overheads – Personnel costs

194

NOTE 7

Transactions with related businesses

189

NOTE 27 Average workforce

195

NOTE 8 List of subsidiaries and equity stakes

189

NOTE 28 Asset impairment

195

NOTE 9 Fixed assets and depreciation/ amortisation

NOTE 29 Cost of credit risk

195

190

NOTE 30 Gains or losses on fixed assets

195

NOTE 10 Other assets and liabilities

190

NOTE 31 Exceptional income

195

NOTE 11 Accruals

191

NOTE 32 Other off-balance sheet commitments

196

NOTE 12 Debts to credit institutions

191

NOTE 33 Commitments on forward financial

NOTE 13 Transactions with customers

191

instruments excluding IMF transactions 196

NOTE 14 Debt securities in issue

191

NOTE 34 Valuation of forward financial

instruments excluding IMF transactions by issuer rating

196

NOTE 15 Provisions

192

NOTE 35 Investments held inmanaged funds

197

NOTE 16 Subordinated debt 192 NOTE 17 Reserve for General Banking Risk (RGBR) 192 NOTE 18 Equity excluding RGBR 192 NOTE 19 Assets and liabilities in foreign currencies 193 NOTE 20 Interest and related income 193

NOTE 36 Remuneration of executive officers

197

NOTE 37 Corporate income tax

197

NOTE 38 Risk exposure

197

186

UNIVERSAL REGISTRATION DOCUMENT 2019

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