AFD // 2021 Universal Registration Document
AFD’S ANNUAL PARENT COMPANY FINANCIAL STATEMENTS Accounting principles and assessment methods
The aggregate impacts on the 2020 and 2021 reporting years are set out in the table below:
Change impact on revenue
Change impact on revenue
At 31/12/2021
At 31/12/2020
At 31/12/2019
In thousands of euros
Provisions for employee benefits
129,883 128,453
9,641 9,610
120,243 118,843
8,365 8,246
111,877 110,597
P Defined benefit plans P Other long-term benefits
1,431
31
1,401
120
1,281
The changes in commitments over the 2021 financial year are shown in the table below:
Expatriate employees healthcare expenses Retirement
Retiree health insurance
Retirement lump sum
Total defined benefit plans
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
1,259
11 1,269
Cost of services rendered over the year
513
111 9,068
2,208
11,900 202 12,102
Cost of past services Reductions/Liquidations
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Services paid
-78 -7,264 -2,095 -1,496 3,100 -3,744 -20,579 -2,376
-10,932 -123 -11,055
Actuarial (gains) losses
-23,600
-47 -23,647 -11 -1,056
Other (commitment transfers)
0
-96 -753
-197
-1,045
Present value of the commitment at 31/12/2021 Change in the fair value of retirement plan assets: Fair value of assets at 1 ɸ January
17,116 15,312 120,103 20,548 173,078 1,430 174,508
34,960
34,960
34,960
Expected return on assets
0
Services paid
-7,264
Actuarial gains (losses)
75
Liquidations
0
Fair value of assets at 31/12/2021
27,771
27,771
27,771
Corridor limits: Actuarial gains (losses) not recognised at 1 ɸ January
-3,420 1,348 -3,100
5,460 -38,959 -4,774
-41,693
0 -41,693
Corridor limits at 1 ɸ January
3,496 13,346 3,820 20,579 -611 1,503
2,225 2,376
Actuarial gains (losses) generated over the year Actuarial (gains) losses recognised in profit or loss Actuarial (gains) losses recognised in equity
23,675
47 23,722 -47 1,117
7
124
149
1,164
0
0
0
0
0
Actuarial gains (losses) not recognised at 31/12/2021
-6,396
8,669 -16,877 -2,250
-16,854
0 -16,854
Amounts recognised on the balance sheet at 31/12/2021: Present value of the funded commitment
15,312
Fair value of financed assets
0 -27,771
-12,459
-12,459
Present value of unfunded commitment
17,116
120,103 20,548
157,766 1,430 159,196
Net position
17,116 -12,459 120,103 20,548 145,307 1,430 146,737
Unrecognised actuarial gains (losses)
-6,396
8,669 -16,877 -2,250
-16,854
0 -16,854
Balance sheet provision
10,720 -3,790 103,226 18,298 128,453 1,430 129,883
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2021 UNIVERSAL REGISTRATION DOCUMENT
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