EDF / 2018 Reference document

6.

FINANCIAL STATEMENTS Balance sheet

33.2

BREAKDOWN OF LOANS BY TYPE OF INTEREST RATE BEFORE

AND AFTER HEDGING

Impact of hedging instruments

Debt structure after hedging

Debt structure in balance sheet

% 31/12/2018

% 31/12/2017

% 31/12/2018

% 31/12/2017

Total

Total

Total

(in millions of euros)

Long-term borrowings and EMTN

50,573

(23,142)

27,431

Short-term borrowings Borrowings at fixed rate

1,997

-

1,997

52,570

99

99

(23,142)

29,428 23,805

55

53

Long-term borrowings and EMTN

663

23,142

Short-term borrowings

-

-

-

Borrowings at floating rate

663

1

1

23,142

23,805 53,233

45

47

53,233

100

100

-

100

100

TOTAL

UNREALISED FOREIGN EXCHANGE GAINS NOTE 34

Unrealised foreign exchange gains at 31 December 2018 amount to €296 million (€485 million at 31 December 2017), of which €140 million concerned two perpetual bonds in pounds sterling and €128 million concerned a bond in pounds sterling that is totally hedged by cross-currency swaps.

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EDF I Reference Document 2018