AFD - Universal Registration Document 2020

AFD’S ANNUAL PARENT COMPANY FINANCIAL STATEMENTS Notes to the financial statements at 31 December 2020

7.3 Notes to the financial statements at 31 December 2020

I SOMMAIRE DES NOTES

NOTE 1

Short-term investments

194

NOTE 21 Interest and related expenses

200

194

NOTE 2 Investment securities

NOTE 22 Commission income and expenses

201

NOTE 3 Receivables from credit institutions

195

NOTE 23 Gains or losses on investment portfolio transactions

201

NOTE 4 Transactions with customers

195

NOTE 24 Other income on banking operations

201

NOTE 5 Equity stakes and other long-term investments

NOTE 25 Other expenses on banking operations

201

196

NOTE 26 Overheads – Personnel costs

201

NOTE 6 Shares in related businesses

196

NOTE 27 Average headcount

202

NOTE 7

Transactions with related businesses

196

NOTE 28 Asset impairment

202

NOTE 8 List of subsidiaries and equity stakes

196

NOTE 29 Cost of credit risk

202

NOTE 9 Fixed assets and depreciation/ amortisation

197

202

NOTE 30 Gains or losses on fixed assets

NOTE 10 Other assets and liabilities

197

NOTE 31 Exceptional income

202

198

NOTE 11 Accruals

NOTE 32 Other off-balance sheet commitments

203

198

NOTE 12 Debts to credit institutions

NOTE 33 Commitments on forward

NOTE 13 Transactions with customers

198

financial instruments excluding IMF transactions

203

NOTE 14 Debt securities in issue

198

NOTE 34 Valuationof forwardfinancial instruments excluding IMF transactions by issuer rating

199

NOTE 15 Provisions

203

NOTE 16 Subordinated debt 199 NOTE 17 Reserve for General Banking Risk (RGBR) 199 NOTE 18 Equity excluding RGBR 199 NOTE 19 Assets and liabilities in foreign currencies 200 NOTE 20 Interest and related income 200

204

NOTE 35 Investments held inmanaged funds

NOTE 36 Executive compensation

204

NOTE 37 Corporate income tax

204

7

NOTE 38 Risk exposure

204

193

2020 UNIVERSAL REGISTRATION DOCUMENT