EDF / 2018 Reference document

6.

FINANCIAL STATEMENTS Notes to the consolidated financial statements

SEGMENT REPORTING NOTE 6 REPORTING BY OPERATING 6.1 SEGMENT Segment reporting presentation complies with IFRS 8, “Operating segments”. Segment reporting is presented before inter-segment eliminations. Inter-segment transactions take place at market prices. In accordance with IFRS 8, the breakdown used by the EDF group corresponds to the operating segments as regularly reviewed by the Management Committee (the Group’s chief operating decision-maker). In 2018, the Group modified its segment reporting and now presents EDF Renewables and Dalkia separately (they were previously included in the “Other activities” segment). The Group uses the following segments: “ France – Generation and Supply”: EDF’s energy production and sales ■ activities, commodity trading, and other activities;

“France – Regulated activities”: distribution, transmission, EDF’s island ■ activities and the activities of Electricité de Strasbourg; “Framatome”: the entities of the Framatome subgroup; ■ “United Kingdom”: the entities of the EDF Energy subgroup; ■ “Italy”: Edison entities and TdE SpA; ■ “Other international”: EDF International and the other gas and electricity ■ entities located in continental Europe, the US, Latin America and Asia; “EDF Renewables”: the entities of the EDF Renewables (formerly EDF Énergies ■ Nouvelles) subgroup; “Dalkia” : the entities of the Dalkia subgroup; ■ “Other activities”: comprising in particular EDF Trading and ■ EDF Investissements Groupe. No segments have been merged.

6.1.1

At 31 December 2018

Inter- segment elimi- nations

France – Generation and Supply

France – Regulated activities

Other interna- tional

Frama- tome

United Kingdom Italy

EDF Renewables (1) Dalkia

Other activities

Total

(in millions of euros) Income statements: External sales Inter-segment sales OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION OPERATING PROFIT Intangible assets and property, plant and equipment Investments in associates and joint ventures (2) Other segment assets (3) Assets classified as held for sale TOTAL SALES Balance sheet: Goodwill

24,937 16,007 1,904 8,965 8,477 2,227

1,089 3,633 1,737

- 68,976

1,159

41 1,409

5 30

184

416 556

864 (4,664)

-

26,096 16,048 3,313 8,970 8,507 2,411

1,505 4,189 2,601 (4,664) 68,976

6,327 4,916 2,963 1,914

465

783 791

240 (10)

856 292 316 72

858 (263) 15,265

240 (397) (127)

574

(263)

5,282

53

223 1,317 7,578 108

20

206 548

142

- 10,195

53,219 60,802 2,392 15,467 6,197 2,119

8,856 2,283

689

- 152,024

2,394

-

87

79 73 4,053

1,307 29

265

-

8,287

19,313 3,583 1,965 4,604 2,541

647

824 1,909 3,893

- 39,279

-

-

-

-

-

-

-

-

-

-

-

Other non-allocated assets

-

-

-

-

-

-

-

-

-

- 73,384 - 283,169

74,979 64,608 5,761 27,728 8,919 6,839

11,193 4,769 4,989

TOTAL ASSETS

Other information: Net depreciation and amortisation

(3,307)

(2,942)

(211)

(982) (574) (163) (314)

(249)

(437) (205)

(99)

- (9,006)

Impairment

(2)

-

(12)

-

(103)

-

(4)

-

(598)

Equity (non-controlling interests) Investments in intangible assets and property, plant and equipment

109

42

194 5,425 336

401

848 304

518

-

8,177

5,526 4,334

261 2,983 447

216

1,919 388

112

- 16,186

Formerly EDF Énergies Nouvelles. (1) At 31 December 2018, investments in associates and joint ventures include 50.1% of the interests in CTE (the joint venture holding RTE’s shares) which is part of (2) the France – Generation and Supply segment. Other segment assets include inventories, trade receivables and other receivables. By convention, the CSPE receivable is totally allocated to the France – Regulated (3) Activities segment, in the amount of €799 million.

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I Reference Document 2018