EDF / 2018 Reference document

FINANCIAL STATEMENTS Notes to the consolidated financial statements

Derivatives and hedge Note 41 accounting

Off-balance sheet commitments Note 46

417

408

Commitments given 46.1 Commitments received 46.2

417 420

Fair value hedges 41.1 Cash flow hedges 41.2

408 408 408 409 410

Contingent liabilities Note 47

421

Hedges of net investments in foreign entities 41.3 Impact of hedging derivatives on equity 41.4 Commodity-related fair value hedges 41.5 Non-hedging derivatives Note 42 Interest rate derivatives held for trading 42.1 Currency derivatives held for trading 42.2 Non-hedging commodity derivatives 42.3 ASSETS HELD FOR SALE AND RELATED LIABILITIES Assets held for sale and related Note 43 liabilities

Tax inspections 47.1 Labour litigation 47.2

421 422 422

Enedis –Litigation with photovoltaic producers 47.3

411

Related parties Note 48

423

411 411 412

Transactions with entities included 48.1 in the scope of consolidation Relations with the French State 48.2 and State-owned entities Management compensation 48.3

423

423 424

412

Environment Note 49

425

Greenhouse gas emission rights 49.1 Energy savings certificates 49.2 Renewable energy certificates 49.3

425 425 425

412

CASH FLOWS AND OTHER INFORMATION

6.

413

Subsequent events Note 50

425

Cash flows Note 44 Change in working capital 44.1

413

Scope of consolidation Note 51 at 31 December 2018

426

413 413

Investments in intangible and tangible assets 44.2

Fully consolidated companies 51.1

426 427 428

Company held in the form of a joint operation 51.2 Companies accounted for by the equity method 51.3 Companies in which the EDF group’s voting rights 51.4 differ from its percentage ownership

EDF’s dedicated assets Note 45

414

Regulations 45.1

414 414 415 415 416 416

Portfolio contents and measurement 45.2 Valuation of EDF's dedicated assets 45.3 Coverage of long-term nuclear obligations 45.4 Changes in dedicated assets in 2018 45.5 Dedicated assets of Framatome and SOCODEI 45.6

428

Statutory Auditors’ fees Note 52

429

321

EDF I Reference Document 2018