EDF / 2018 Reference document

FINANCIAL STATEMENTS Other information

OTHER INFORMATION

FINANCIAL INSTRUMENTS NOTE 35

35.1

OFF-BALANCE SHEET COMMITMENTS RELATED TO CURRENCY

AND INTEREST RATE DERIVATIVES

EDF uses financial instruments to limit the impact of foreign exchange rate risks and interest rate risks.

31/12/2018

31/12/2017

To be received (notional)

To be given (notional)

To be received (notional)

To be given (notional)

(in millions of euros)

1 - Interest rate transactions Short-term interest rate swaps EUR Long-term interest rate swaps EUR

-

-

-

-

7,140 2,795 4,845

7,140 2,795 4,845

7,184 3,043 3,593

7,184 3,043 3,593

USD GBP

6.

JPY

-

-

-

-

Sub-total

14,780

14,780

13,820

13,820

2 - Exchange rate transactions Forward transactions EUR

22,438

22,982

20,232

22,032

CAD USD GBP CHF HUF

325

190

637

525

15,431

16,868

13,634

12,941

7,534

5,290

6,848

4,521

517

196

857

557

1

1

11

11

ILS

153 259 294

153 305 955

180

180

PLN JPY

1,171

1,255 1,680

102

CNY MXN

13 84

13 84

15 62

15 61

Other currencies

110

110

123

123

Long-term currency swaps EUR

8,578 1,089

38,230

9,099 1,015

33,253

JPY

-

103

USD GBP CHF CAD

24,284 12,001

3,995 4,358

18,515 11,337

4,385 4,126

488

444

470

427

-

-

37

37

ILS

89

89

132

132

PLN

9

5

6

3

NOK MXN HKD

100

-

102

-

-

11

-

11

269

-

258

-

Sub-total

94,066

94,279

84,843

86,378

3 - Securitisation swaps

194

194

264

264

4- Operations on market securities

1,136

1,280

-

-

Purchses and sales of options TOTAL FINANCIAL OFF-BALANCE SHEET COMMITMENTS

110,176

110,533

98,927

100,462

5- Commodity swaps Coal (in millions of tonnes)

4

4

4

4

Oil products (in thousands of barrels)

7,252

7,252

7,348

7,348

The amounts shown in the above table are the nominal values of contracts, translated where necessary using 2018 year-end exchange rates (regardless of whether they are classified as hedges).

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EDF I Reference Document 2018