AFD - Universal Registration Document 2020

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS Notes to the consolidated financial statements

% interest 2019

% control 2020

% interest 2020

% control 2019

Balance sheet total (1)

Total net income

Contribution to earnings (2)

Localisation

In thousands of euros

Multi- country 23.32 23.32

Frontier Clearing Funds

Ilera Holdings

Morocco 27.22 27.22 28.77 28.77

37,945

-551

IT worx (It holding)

Egypt

23.87 23.87 23.87 23.87

22,256 -15,831

Seaf India Agribusiness international Fund

India 33.36 33.36 33.36 33.36 Egypt 100.00 100.00 100.00 100.00 Multi- country 22.84 22.84 22.84 22.84

902

-483

TIBA EDUCATION HOLDING Ǿ BV

17,346

-92

TLG Finance Ǿ SAS (Alios Finance)

13,473 -3,047

TPS (D) Limited

Tanzania 20.50 20.50

Tunisie Participations Ǿ SA (formerly Tunisie Sicar) Kantara Proparco Ǿ I Ǿ Ltd (ex Unimed) P French entities with balance sheets of no significance Retiro Participations – Proparco share P Stakes held by Fisea in entities abroad AB Bank Zambia Limited Retiro Participations

Tunisia 20.00 20.00 20.00 20.00 Tunisia 26.00 26.00 26.00 26.00 France 100.00 100.00 100.00 100.00

1,498

-7

138 N/D

-20

N/D

Paris 100.00 100.00 100.00 100.00

N/D

N/D

Zambia 22.50 22.50 22.50 22.50 Multi- country 20.97 20.97 20.97 20.97 West Africa 23.17 23.17 23.17 23.17 Multi- country 22.99 22.99 22.99 22.99 Multi- country 20.00 20.00 20.00 20.00 Multi- country 28.91 28.91 28.91 28.91

14,138

59

Catalyst Mattress Africa Chain Hotel Conakry

15,108

-12

997 -2,810

Fanisi Venture Capital Fund

7,884

-569

Fefisol

29,484

-167

6

Metier Capital Growth International Fund Ǿ II

26,979

4,123

INCOME GROUP SHARE

40,404

(1) The balance sheet total indicated corresponds to the balance sheet total before restatement of intragroup entries. (2) Before elimination of intragroup transactions.

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2020 UNIVERSAL REGISTRATION DOCUMENT