EDF / 2018 Reference document

6.

FINANCIAL STATEMENTS Income statement

OPERATING DEPRECIATION, AMORTISATION NOTE 11 AND PROVISIONS DEPRECIATION AND AMORTISATION 11.1

2018

2017

(in millions of euros)

Amortisation of intangible assets

235

216

Depreciation on property, plant and equipment: owned by EDF (1) ■

2,991

2,864

operated under concessions (2) ■

272

260

Total depreciation and amortisation on fixed assets Other depreciation and amortisation and deferred expenses

3,498

3,340

33

26

3,531

3,366

TOTAL DEPRECIATION AND AMORTISATION

Including €115 million of accelerated depreciation in 2017 due to the closure of oil-fired plants. (1) This depreciation concerns the Island Energy Systems public electricity distribution concessions and hydropower concessions. (2)

11.2

PROVISIONS AND IMPAIRMENT

2018

2017

(in millions of euros)

Provisions for risks (1)

1,125

78

Pensions and similar obligations Management of spent nuclear fuel

832 488

889 443 118

Long-term management of radioactive waste

48 52 22

Decommissioning of nuclear power plants and last cores Decommissioning of thermal and hydropower plants

2

19

Other provisions for expenses Provisions for expenses

120

160

1,562

1,631

Impairment

253

366

TOTAL PROVISIONS AND IMPAIRMENT 2,075 The increase at 31 December 2018 mainly concerns supply and sale contracts, including €737 million for the long-term contract with Dunkerque LNG (1) (see note 2.1 and note 27). 2,940

OTHER OPERATING EXPENSES NOTE 12 Other operating expenses amount to €1,743 million in 2018 (€1,644 million in 2017) and notably include losses on non-recoverable receivables, royalties on software, costs relating to energy savings certificates used over the year, and the net book certificates.

value of assets demolished or scrapped. The change in other operating expenses in 2018 is mainly attributable to the rise in costs associated with energy savings

456

EDF I Reference Document 2018