EDF / 2018 Reference document
PRESENTATION OF EDF GROUP Commercial properties
Patents At the end of 2018, EDF’s portfolio comprised 615 patented innovations, protected by 1,906 property titles in France and abroad. The strengthening of the patent portfolio is a priority. It aims to facilitate R&D cooperation, protect the development of EDF's activities, to contribute to the Group's external image, to boost researcher motivation and to further enhance the value of inventions. In 2018, EDF filed 59 patent applications (1) (64 in 2017). Trademarks “EDF” is a registered trademark in over 90 countries. The Group's name is an essential part of its image and heritage: the EDF brand, Internet domain names and logos are therefore constantly monitored, in order to protect them against any unauthorised use likely to jeopardise the Group's image. Moreover, following the work to increase the status of the “EDF” brand, the Company has entered into brand licensing agreements with those of its subsidiaries that use the “EDF” brand. The Group has also registered a large number of other trademarks, in particular those relating to the business of its various subsidiaries. At the end of 2018, the EDF group’s brand portfolio comprised some 497 names, protected by over 1,325 property titles.
EDF Lab Singapore was set up in early 2014 primarily to support the promotion and implementation of the Group’s know-how concerning sustainable cities and to market the various solutions described above to Singapore’s urban planning agencies. Within the framework of the new City of the Future contract signed in November 2017 between EDF and Singapore's Housing Development Board, the city's main property developer, EDF has continued to increment its innovative 3D urban modelling tool with new modules integrating quality of life (e.g. noise, heat islands, mobility). In 2018 the first microgrid prototype, competitively-priced and running on renewable energy sources, was brought into service on Semakau Island south of Singapore in just one year. The prototype makes possible the mass manufacture of an affordable, reliable and environmentally-friendly solution for insular or unconnected regions of Southeast Asia powered today by diesel generators. It reinforces the agreement signed in mid-October 2017 with Nanyang Technological University. 1.6.4 Intellectual property plays a major role in protecting the EDF group’s technologies and know-how from competition, and in leveraging these assets through licensing agreements. EDF is keen to strengthen its industrial property portfolio in order to make the most of its capacity for innovation and technological expertise. The portfolio is comprised of patents, registered software and formalised expertise. INTELLECTUAL PROPERTY
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1.7
COMMERCIAL PROPERTIES
1.7.1
SERVICE-SECTOR REAL ESTATE ASSETS – EDF AND ENEDIS IN FRANCE
1.7.2
EMPLOYER PARTICIPATION
IN THE CONSTRUCTION EFFORT Each year, EDF is subject to an obligation to participate in the French construction effort program up to 0.45% of its total payroll, which represented approximately €18.5 million for 2018 (€18.7 million for 2017). In return for this funding, EDF employees benefit from subsidies and services aimed at facilitating their residential mobility: assistance with renting, assistance with home purchasing, assistance with mobility, advice on financing. OWNERSHIP As part of its social policy, EDF helps its employees purchase their main home, thanks to a partnership concluded with a banking institution (SOCRIF). This institution produces, finances and manages loans granted to the Company’s employees. EDF compensates this institution for the difference between the preferential rate at which SOCRIF grants loans to EDF employees and the rate resulting from the bank survey on the basis of which this institution was chosen. As of 31 December 2018, the residual non securitised balance for personal residence mortgages amounted to €1.7 million on EDF’s balance sheet (€2.1 million as of 31 December 2017). SUBSIDISED LOANS FOR HOME 1.7.3
EDF’s Real Estate Division, comprised of the Group’s Real Estate Department and its real estate subsidiaries, operates in France as the real estate service provider for EDF and Enedis’s entities by managing and optimising a real estate portfolio of nearly 4.9 million square metres of offices and commercial premises, of which approximately 49% are fully owned by the Group and 51% are leased from third parties (leases and concessions). In 2018, approximately 247 of these assets were disposed of, representing 0.5 million square metres or so in usable floor area. Among these 247 real estate assets, a portfolio of 199 assets was sold by Sofilo. To get the most out of its real estate assets, the Group sought to trim its premises and floor area, especially in Greater Paris. Consequently, in 2019 certain leases in La Défense and Levallois-Perret in Paris will be terminated and the staff affected will be relocated to the Smart Side campus in Saint Ouen. The Real Estate Division is in charge of real estate asset management, lease management, the technical operation of building as well as the operation-maintenance of the facilities and the services provided to occupants, by offering areas through a sub-lease system for Group entities and units. By taking leases from third parties, the Real Estate Executive Management made lease commitments for EDF amounting to €862 million for the period from 2019 to 2033.
nedis filed four patent applications. (1)
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EDF I Reference Document 2018
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