AFD // 2021 Universal Registration Document

CHAPTER 7

AFD’S annual parent company fi nancial statements

7.1

Highlights of the financial year 189

7.2.8 Fixed assets

192 192 193 196 196 197 197 197 197 197

7.2.9 Forward fi nancial instruments

7.1.1 Balance sheet growth

189 189 189 189 189

7.2.10 Provisions

7.1.2 Financing of the Group’s activity 7.1.3 Appropriation of 2020 earnings

7.2.11 Reserve for General Banking Risk (RGBR)

7.2.12 Subordinated debt

7.1.4 Increase in AFD’s capital allocation from the French State

7.2.13 Financing commitments 7.2.14 Guarantee commitments

7.1.5 Fisea capital increase

7.2.15 Disclosure on non-cooperating States and territories 7.2.16 Other information related to ɸ consolidation

7.1.6 Extension of international moratoria – Covid-19 crisis 7.1.7 Application of the new de fi nition of ɸ default to the scope of ɸ sovereign loans

189

189

7.2.17 Events after the reporting period

7.2

Accounting principles and assessment methods

7.3 Notes to the financial

190

statements at 31 December 2021 198

7.2.1 Overview

190 190 190 191 191 191 192

7.4 AFD’s financial results over the last five financial years 7.5 Statutory auditors’ report on the financial statements

7.2.2 Conversion of foreign currencies

210

7.2.3 Loans to credit institutions and ɸ customers 7.2.4 Short-term and long-term investments 7.2.5 Shares in related businesses, equity securities and long-term investments

211

7.2.6 Bonds 7.2.7 Grants

185

2021 UNIVERSAL REGISTRATION DOCUMENT