AFD - Universal Registration Document 2020

AFD’S ANNUAL PARENT COMPANY FINANCIAL STATEMENTS Accounting principles and assessment methods

Expatriate employees healthcare expenses

Retiree health insurance

Retire- ment lump sum

Retire- ment

Total defined benefit plans

Service award

Grand total

In thousands of euros

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

133,464 22,245

169,191 1,399 170,590 160,537 1,399 161,936

Net position

13,482 -8,654 133,464 22,245 -3,420 5,460 -38,959 -4,774 10,063 -3,194 94,504 17,471

Unrecognised actuarial gains (losses)

-41,693

-41,693

Balance sheet provision

118,844 1,399 120,243

Amounts recognised on the income statement at 31/12/2020 Cost of services rendered over the period

450

140 7,557 1,943

10,091

189 10,280

Cost of past services

0

0

0

0

0

0

0

Financial cost for the period

122

0 1,268

212 137

1,603

14 1,617

Recognised actuarial gains (losses) Expected return on retirement plan assets

67 -785 1,392

812

49

861

0

0

0

0

Cost of services rendered Impact of reductions/liquidations Expenses booked

640 -645 10,218 2,293

12,506

252 12,757

Reconciliation of opening and closing net liability: Liability at 1 Ǿ January Contributions paid Restatements and transfers Employer contributions Expenses booked

9,488 -2,343 86,896 16,557 640 -645 10,218 2,293

110,598 1,279 111,877

12,506

252 12,757

-206 -567,077 -206

-980

-11

-991

-65

-2,043 -1,172

-3,280

-121 -3,401

Items not to be recycled in profit or loss Net liabilities at 31/12/2020

10,063 -3,194 94,504 17,471 575 -851 7,608 914

118,844 1,399 120,243

Change in net liabilities

8,246

120 8,365

7

Projected commitments at 31 Ǿ December 2020 are as follows:

In thousands of euros Actuarial debt at 31/12/2020 Cost of services rendered in 2020

10,063 26,305 94,504 17,471 148,343

1,399 149,742 202 12,102

513

111

9,068

2,208 11,900

Financial cost in 2020

98

998

163 149

1,259 1,775

11

1,269 1,775

Actuarial losses (gains) recognised in profit or loss Services payable in 2020/transfer of capital upon departures in 2020

124

1,503

-78 -12,850 -2,095 -1,496 -16,519 10,720 13,566 103,978 18,495 146,759

-123 -16,641 1,488 148,247

Estimated debt at 31/12/2021

191

2020 UNIVERSAL REGISTRATION DOCUMENT