EDF / 2018 Reference document

6.

FINANCIAL STATEMENTS Operating assets and liabilities, equity

OTHER PROVISIONS NOTE 32

Details of changes in other provisions are as follows:

Decreases

Changes in scope

Other Changes

31/12/2017 Increases

Utilisations

Reversals

31/12/2018

(in millions of euros)

Provisions for contingencies related to subsidiaries and investments

913 573 589

184

(38)

(1)

- - -

(124)

934 448 562

Provisions for tax liabilities Provisions for litigation

36 43

(126)

(43) (40)

8 4

(34)

Provisions for onerous contracts and losses on completion (1) Provisions related to environmental schemes (2)

273

923

(94)

(47)

-

153

1,208

901

1,448

(1,200)

(3)

-

(9)

1,137

Other provisions for risks and liabilities (3)

1,636 4,885

730

(459)

(183) (317)

4 4

(5) 27

1,723 6,012

3,364

(1,951)

TOTAL

The increase in provisions for onerous contracts is mainly attributable to the long-term contract with Dunkerque LNG (see note 3.3). (1) Provisions related to environmental schemes include provisions for greenhouse gas emission rights and renewable energy certificates (see note 49). (2) These provisions cover various contingencies and expenses related to operations (employers’ matching contributions to employee profit sharing, contractual (3) maintenance obligations, etc). None of these provisions is significant individually.

SPECIAL FRENCH PUBLIC ELECTRICITY DISTRIBUTION NOTE 33 CONCESSION LIABILITIES

The changes in special concession liabilities for existing assets and assets to be replaced are as follows:

31/12/2018

31/12/2017

(in millions of euros)

Value in kind of assets (1)

49,327 (25,669) 23,658 13,792

47,813 (24,172) 23,641 13,149

Unamortised financing by the operator Rights in existing assets –net value Amortisation of financing by the grantor

Provisions for renewal

9,474

9,533

Rights in assets to be replaced

23,266 46,924

22,682 46,323

SPECIAL FRENCH PUBLIC ELECTRICITY DISTRIBUTION CONCESSION LIABILITIES

Including contributions received to finance concession assets, amounting to €131 million (€144 million in 2017). (1)

TRADE PAYABLES NOTE 34

31/12/2018

31/12/2017

(in millions of euros)

Trade payables – excluding EDF Trading

11,177 2,244 13,421

10,738 3,256 13,994

Trade payables – EDF Trading

TRADE PAYABLES

The Group has a reverse factoring programme allowing suppliers to transfer their receivables on EDF to a factoring company, at their own initiative. For the Group, this programme does not cause any change in the substance and features of the receivables held by suppliers on EDF. In particular it does not affect

the sequences of operating cash flows. The associated liabilities are therefore included in “trade payables” in the Group’s financial statements.

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EDF I Reference Document 2018