AFD // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

The changes in commitments over the 2021 financial year are shown in the table below:

Expatriate employees healthcare expenses Retirement

Total defined benefit plans

Retiree health insurance

Retirement lump sum

Service award Grand total

In thousands of euros

Change in the present value of the commitment Present value of the commitment at 1 ɸ January

13,482

26,305 133,464

22,245 195,497

1,399 196,895

Financial cost

98

0

998

163

11

Cost of services rendered over the year

513

111

9,068

2,208

202

Cost of past services Reductions/Liquidations

- -

0

-

-

-

-

Services paid

-78

-7,264

-2,095

-1,496 -2,376

-123

Actuarial gains (losses)

3,100

-3,744 -20,579

-47 -11

Change in scope between AFD and IEDOM Present value of the commitment at 31/12/2021

0

-96

-753

-197

17,116 15,312 120,103 20,548 173,078

1,430 174,508

Change in the fair value of retirement plan assets Fair value of assets at 1 ɸ January

34,960

34,960

34,960

Expected return on assets

0

Services paid

-7,264

Actuarial gains (losses)

75

Liquidations

-

Change in scope between AFD and IEDOM Fair value of assets at 31/12/2021 Corridor limits Actuarial gains (losses) not recognised at 1 ɸ January Corridor limits at 1 ɸ January Actuarial gains (losses) generated over the year Actuarial (gains) losses recognised in profit or loss Actuarial (gains) losses N-1 recognised in equity Actuarial (gains) losses recognised in equity this period Actuarial gains (losses) not recognised at 31/12/2021

27,771

27,771

27,771

-

-

-

-

-

-

-

6

-3,100

3,820

20,579

2,376

23,675

47

23,722

-

-

-

-

-

-47

-47

-

-

-

-

-

-

-

3,100

-3,820 -20,579

-2,376 -23,675

-

-23,675

-

0

-

-

0

-

0

Amounts recognised on the balance sheet at 31/12/2021 Present value of the funded commitment

15,312 -27,771

Fair value of financed assets

-12,459

-12,459

Present value of unfunded commitment

17,116

120,103

20,548 157,766

1,430 159,196 1,430 146,737

Net position

17,116 -12,459 120,103 20,548 145,307

Unrecognised actuarial gains (losses)

-

0

-

-

0

-

0

Balance sheet provision

17,116 -12,459 120,103 20,548 145,307

1,430 146,737

161

2021 UNIVERSAL REGISTRATION DOCUMENT