AFD - Universal Registration Document 2020

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS 6 Notes to the consolidated financial statements

NOTE 13 Gains or losses on financial instruments at fair value through profit and loss

31/12/2020

31/12/2019

Gains and losses on financial instruments at fair value through profit and loss

Gains and losses on financial instruments at fair value through profit and loss

o/w Foreign currency impact on derivatives

o/w Foreign currency impact on derivatives

In thousands of euros

Financial assets and liabilities at fair value through profit and loss Income from financial instruments at fair value through P&L Unrealised or realised gains or losses on debt instruments that do not meet SPPI criteria Hedging of loans at fair value through profit or loss Income resulting from hedge accounting Change in fair value of hedging derivatives Change in fair value of the hedged item

-156,132

4,884

24,390

9,124

17,331

-

11,259

-

-161,062 -12,401 28,023 -82,847 110,870 35,895

8,322 4,809

4,884 8,201 7,975

9,124 -9,674 -9,567

31,489 163,089 -131,600 -4,762 4,033 55,150

226

-107

Natural hedging/ Trading

-101,370

-20,494

CVA/DVA

337

-

-

TOTAL

-91,877

-88,285

19,943

NOTE 14 Net gains or losses on other financial assets recognised at fair value through shareholders’ equity

31/12/2020

31/12/2019

In thousands of euros

Dividends received on equity instruments recognised at fair value through non-recyclable shareholders’ equity Gains or losses on equity instruments recognised at fair value through non-recyclable shareholders’ equity Gains or losses on debt securities recorded at fair value through equity to be recycled in profit or loss

2,778

21,346

-

-

-2,203

-2,751 18,595

NET GAINS OR LOSSES ON FINANCIAL ASSETS RECOGNISED IN EQUITY

575

NOTE 15 Income from other activities

31/12/2020

31/12/2019

In thousands of euros

Subsidies

231,627 40,137 271,764

220,381 17,776

Other income

TOTAL 238,157 Subsidies on loans and borrowings are paid by the State to reduce the financing cost or to reduce lending costs for borrowers.

152

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2020 UNIVERSAL REGISTRATION DOCUMENT