AFD - Universal Registration Document 2020

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

NOTE 3 Receivables from credit institutions

December Ǿ 2020

December Ǿ 2019

On demand 1,159,809

On term

Total

On demand

On term

Total

In thousands of euros Regular accounts

-

1,159,809 1,190,633

-

1,190,633

Loans to credit institutions

811,239 12,670,427 13,481,666 1,484,049 11,673,214 13,157,263 811,239 1,520,769 2,332,008 1,484,049 1,036,406 2,520,455

of which interbank investment (1)

of which loan activity

-

11,149,658 11,149,658

-

10,636,808 10,636,808

Related receivables

27

58,163

58,190

34

69,301

69,336

Impairments

-3 -158,456 -158,458

-4 -136,221 -136,225

TOTAL

1,971,072 12,570,134 14,541,206 2,674,712 11,606,294 14,281,005

(1) This item includes money-market UCITS. The amount of outstandings at the State’s risk and on behalf of the State is €2,144K.

Less than 3 Ǿ months 1,108,263

3 Ǿ months to Ǿ 1 Ǿ year

From Ǿ 1 to 5 Ǿ years

More than 5 Ǿ years

Total 2020

In thousands of euros

Maturity of loans to credit institutions

498,645 2,169,278 7,373,472 11,149,658

The amount of non-performing loans, €172,674K, is included in the column “Less than 3 Ǿ months”.

December Ǿ 2020

December Ǿ 2019

Details of doubtful term loans (in thousands of euros) non-performing loans (excluding related receivables) of which non-performing outstanding sovereign loans (1) of which non-performing outstanding non-sovereign loans

Gross

Impairments

Gross

Impairments

172,674

150,601

136,614

128,367

112,040

112,005

111,978

111,944

(1) Granted to States or with their endorsement. Only the outstanding principal of these loans is the object of provisions for liabilities.

NOTE 4 Transactions with customers

December Ǿ 2020

December Ǿ 2019

In thousands of euros Credit to customers Related receivables

31,054,042

27,996,102

103,214 -256,757

104,978 -402,862

Impairments

TOTAL

30,900,499

27,698,218

Outstanding credit at the State’s risk was €1,895K at 31 Ǿ December 2020.

7

Less than 3 Ǿ months

3 Ǿ months to Ǿ 1 Ǿ year

From Ǿ 1 to 5 Ǿ years

More than

5 Ǿ years Total 2020

In thousands of euros

Maturity of loans to customers 3,312,759 1,738,117 8,838,516 17,164,650 31,054,042 Total arrears on ordinary receivables (€172,093K) and total non-performing loans (€766,092K) are included in “Less than 3 Ǿ months”.

December Ǿ 2020

December Ǿ 2019

Gross

Impairments

Gross

Impairments

Details of doubtful term loans (In thousands of euros) non-performing loans (excluding related receivables) of which non-performing outstanding sovereign (1) of which non-performing outstanding non-sovereign loans

766,092

256,495

858,369 102,852 157,199

402,862 85,531 153,260

1,408

266

213,836

65,070

(1) Granted to States or with their endorsement. Only the outstanding principal of these loans is the object of provisions for liabilities. The change over the year is linked to the signing of a debt restructuring agreement between the French Republic and a sovereign state.

195

2020 UNIVERSAL REGISTRATION DOCUMENT