EDF / 2018 Reference document

FINANCIAL STATEMENTS Financial assets and liabilities

38.2.2 AT 31 DECEMBER 2018:

Maturity of loans and other financial liabilities

Loans from financial institutions

Other financial liabilities

Loans related to finance- leased assets

Accrued Interest

Bonds 3,316 11,908 35,177

Total 8,287

(in millions of euros) Less than one year From one to five years More than five years

464 650

3,382

45

1,080

81

111 168

39

12,789 38,112

1,984

563

220

LOANS AND OTHER FINANCIAL LIABILITIES AT 31/12/2018

50,401

3,098

4,026

324

1,339

59,188

AT 31 DECEMBER 2017:

Loans from financial institutions

Other financial liabilities

Loans related to finance- leased assets

Accrued Interest

Bonds 1,557 13,021 32,747

Total 7,112

(in millions of euros) Less than one year From one to five years More than five years

549 653

3,881

52

1,073

50

147 169

71

13,942 35,792

1,892

794

190

LOANS AND OTHER FINANCIAL LIABILITIES AT 31/12/2017

47,325

3,094

4,725

368

1,334

56,846

6.

38.2.3

Breakdown of loans and other financial liabilities by currency

31/12/2018

31/12/2017

Impact of hedging instruments (1)

Impact of hedging instruments (1)

Initial debt structure

Debt structure after hedging

Initial debt structure

Debt structure after hedging

(in millions of euros)

Euro (EUR)

26,783 20,546

21,438 (17,564) (2,414) (1,460)

48,221

27,609 17,224

18,454 (14,752) (2,331) (1,371)

46,063

American dollar (USD) Pound sterling (GBP)

2,982 6,836 1,149

2,472 7,164 1,147

9,250 2,609

9,495 2,518

Other

LOANS AND OTHER FINANCIAL LIABILITIES

59,188

-

59,188

56,846

-

56,846

Hedges of liabilities and net assets of foreign subsidiaries. (1)

38.2.4

Breakdown of loans and other financial liabilities by type of interest rate

31/12/2018 Final debt structure

31/12/2017 Final debt structure

Initial debt structure

Impact of derivatives

Initial debt structure

Impact of derivatives

(in millions of euros)

Fixed rates

55,810 3,378 59,188

(21,949) 21,949

33,861 25,327 59,188

52,900 3,946 56,846

(21,469) 21,469

31,431 25,415 56,846

Floating rates

-

-

LOANS AND OTHER FINANCIAL LIABILITIES

The breakdown of loans and financial liabilities by interest rate includes the impact of all derivatives classified as hedges in accordance with IFRS 9.

A large portion of the EDF group’s fixed-rate loans is swapped to variable rates.

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EDF I Reference Document 2018