AFD - 2019 Universal registration document

AFD’S ANNUAL FINANCIAL STATEMENTS 7

Notes to the financial statements at 31 December 2019

NOTE 3 Receivables from credit institutions

December b 2019

December b 2018

In thousands of euros

Demand

Term

Total

Demand 815,323

Term

Total

Regular accounts

1,190,633

0 1,190,633

0

815,323

Loans to credit institutions

1,484,049 11,673,214 13,157,263 1,507,613 10,988,097 12,495,710

of which interbank investment (1)

1,484,049 1,036,406 2,520,455 1,507,613

851,389 2,359,002

of which loan activity

0 10,636,808 10,636,808

0 10,136,708 10,136,708

Related receivables

34

69,301

69,336

645

65,018

65,664

Impairments

-4 -136,221 -136,225

-2 -133,383 -133,385

TOTAL

2,674,712 11,606,294 14,281,005 2,323,579 10,919,732 13,243,311

(1) This item includes money-market UCITS. The amount of outstandings at the State’s risk and on behalf of the State is €2,588K.

December 2019

December 2018

Details of doubtful term loans (in thousands of euros)

Gross

Impairments

Gross

Impairments

Doubtful outstandings (excluding related receivables) of which non-performing outstanding sovereign loans (1) of which non-performing outstanding non-sovereign loans

136,614

128,367

130,235

125,528

111,978

111,944

111,938

111,905

(1) Granted to States or with their endorsement. Only the outstanding principal of these loans is the object of provisions for liabilities.

NOTE 4 Transactions with customers

December b 2019

December b 2018

In thousands of euros

Credit to customers Related receivables

27,996,102

26,193,310

104,978 -402,862

103,352 -337,635

Impairments

TOTAL

27,698,218

25,959,027

Outstanding credit at the State’s risk was €725K at 31/12/2019.

Less than 3 b months

3 b months to b 1 b year

From 1 to b 5 b years

More than b 5 b years Total 2019

In thousands of euros

Maturity of loans to customers 1,212,653 1,770,370 8,306,848 16,706,232 27,996,102 Total arrears on ordinary receivables (€21,301K) and total doubtful loans (€858,369K) are included in “Less than 3 Ǿ months”.

December b 2019

December b 2018

Details of doubtful term loans In thousands of euros

Gross

Impairments

Gross

Impairments

Doubtful outstandings (excluding related receivables) of which non-performing outstanding sovereign loans (1) of which non-performing outstanding non-sovereign loans

858,369

-402,862

621,644

-337,635

102,852

-85,531

99,124

-81,757

157,199

-153,260

112,591

-111,957

(1) Granted to States or with their endorsement.

188

UNIVERSAL REGISTRATION DOCUMENT 2019

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