AFD - Universal Registration Document 2020

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

The changes in commitments over the Ǿ 2020 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 Ǿ January 11,797

28,223 119,281

20,207 179,507

1,279 180,786

Financial cost

122 450

0

1,268 7,557

212

14

Cost of services rendered over the year

140

1,943

189

Cost of past services Reductions/Liquidations

- -

0

-

-

-

-

Services paid

-65

-1,979

-2,043 7,967

-1,172 1,262

-121

Actuarial gains (losses)

1,178

128

49

Change in scope between AFD and IEDOM Present value of the commitment at 31/12/2020

0

-206

-567

-206

-11

13,482 26,305 133,464 22,245 195,497

1,399 196,895

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

37,073

37,073

37,073

Expected return on assets

0

Services paid

-1,979

Actuarial gains (losses)

-134

Liquidations

-

Change in scope between AFD and IEDOM Fair value of assets at 31/12/2020 Corridor limits Actuarial gains (losses) not recognised at 1 Ǿ January Corridor limits at 1 Ǿ 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 31/12/2020

34,960

34,960

34,960

-

-

-

-

-

-

-

6

-1,178

-262

-7,967

-1,262 -10,669

-49 -10,718

-

-

-

-

-

49

49

-

-

-

-

-

-

-

1,178

262

7,967

1,262

10,669

-

10,669

-

-

-

-

-

-

-

Amounts recognised on the balance sheet at 31/12/2020 Present value of the funded commitment

26,305 -34,960

Fair value of financed assets

-8,654

-8,654

Present value of unfunded commitment

13,482 13,482

133,464

22,245 169,191

1,399 170,590 1,399 161,936

Net position

-8,654 133,464 22,245 160,537

Unrecognised actuarial gains (losses)

-

-

-

-

-

-

-

Balance sheet provision

13,482

-8,654 133,464 22,245 160,537

1,399 161,936

Amounts recognised on the income statement at 31/12/2020

157

2020 UNIVERSAL REGISTRATION DOCUMENT