AFD - 2019 Universal registration document

RISK MANAGEMENT

Basel III Pillar 3

As for equity investments, the relevant consolidated balance sheet headings are presented in the table below: ❙ Equity stakes and other long-term securities

31/12/2019

31/12/2018

IFRS

IFRS

Listed Unlisted

Total

Listed Unlisted

Total

In thousands of euros

Equity stakes at fair value through profit and loss

1,199,384 1,199,384

1,047 921,931 922,978

Equity stakes included in financial assets recognised in equity

455,470 455,470 146,753 146,753

397,163 397,163 150,105 150,105

Companies accounted for by the equity method

TOTAL 1,801,608 1,801,608 1,047 1,469,199 1,470,246 Similarly, the following table breaks down the various items making up the derivatives heading presented in Notes Ǿ 2 and 2.1 to the financial statements: ❙ Derivatives

31/12/2019 IFRS

31/12/2018 IFRS

Assets

Assets

4

In thousands of euros

Fair value hedging Interest rate derivatives

1,787,323

1,170,325

Interest rate and foreign exchange derivatives (cross- currency swaps)

771,655

653,914

Total 1

2,558,978

1,824,239

Financial assets at fair value Interest rate derivatives Foreign exchange derivatives

374

2,827

65,402 77,917

81,970

Derivatives at fair value through profit and loss

115,914

CVA/DVA

32

112

Total 2

143,725

200,823

TOTAL DERIVATIVES

2,702,703

2,025,062

All derivative transactions are carried out with credit institutions in OECD countries. The off-balance sheet commitments given consist of financing commitments related to undisbursed amounts under signed loan agreements and guarantees. ❙ Off-balance sheet – commitments given (financing and guarantees) according to counterparty type

31/12/2019 IFRS

31/12/2018 IFRS

In thousands of euros

Commitments given

15,227,261

12,577,564

Financing commitments made to credit institutions

1,735,164

1,204,162

Financing commitments made to customers

12,767,039 14,502,203

10,775,968 11,980,131

Subtotal financing commitments

Guarantee commitments made to credit institutions

140,169 584,889 725,058

74,730

Guarantee commitments made to customers

522,703 597,433

Subtotal guarantee commitments

89

UNIVERSAL REGISTRATION DOCUMENT 2019