AFD // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Since 1 ɸ January 2019, the AFD Group has applied IFRS ɸ 16, resulting in a restatement of property leases impacting “Property, plant and equipment” in assets and rental debts in “Other liabilities”. As of 31 ɸ December 2021, the right of use was valued at €57.5M.

Registered offices

Offices

31/12/2021

In thousands of euros Gross value At 1 ɸ January 2021

88,818

10,241

99,059

New contract

1,854

1,854

Modification of contract

-

Other items

371

371

At 31 ɸ December 2021 Depreciation/amortisation

89,189 39,570 49,619

12,095

101,284

4,250

43,820

NET VALUE

7,844

57,463

NOTE 9 Financial liabilities measured at amortised cost

❙ Debts to credit institutions and customers and debt securities in issue at amortised cost

31/12/2021

31/12/2020

In thousands of euros

Debts to credit institutions at amortised cost On demand debts

24,901

11,125

Debts at maturity

540

540

Related debts

-

0

TOTAL DEBTS TO CREDIT INSTITUTIONS Debts to customers at amortised cost Accounts payable, customers

25,441

11,665

2,511

2,028

TOTAL CUSTOMER DEBTS

2,511

2,028

Debt securities in issue at amortised cost Interbank market securities

6

500,230

701,728

Bonds

39,356,644

36,845,286

Related debts

328,726 953,381

351,942

Valuation adjustments of debt securities in issue hedged by derivatives

2,470,568

TOTAL DEBTS REPRESENTED BY A SECURITY

41,138,981

40,369,524

❙ Maturity of debt securities issued at amortised cost

Less than 3 ɸ months

From 3 ɸ months to 1 ɸ year

From 1 ɸ to 5 ɸ years

More than 5 ɸ years

31/12/2021

In thousands of euros

Maturity of debt securities in issue Bonds

1,802,078 2,801,997 16,359,571 19,675,110 40,638,756

Interbank market securities

305,083

195,146

-

-

500,230

TOTAL

2,107,161 2,997,143 16,359,571 19,675,110 41,138,986

153

2021 UNIVERSAL REGISTRATION DOCUMENT