EDF / 2019 Universal registration document

6. Financial statements

Consolidated financial statements

Consolidated statement of comprehensive income

2019  (1)

2018

Net income attributable to non-controlling interests

Net income attributable to non-controlling interests

EDF net income

EDF net income

Total

Total

(in millions of euros)

Consolidated net income

5,155

27 5,182

1,177

14 1,191

Gross change in fair value of hedging instruments  (2)

818

(55)

763

34

(19)

15

Related tax effect

(367)

2 (365)

(89)

-

(89)

Associates’ and joint ventures’ share of fair value of hedging instruments Change in fair value of hedging instruments Translation adjustments – controlled entities Translation adjustments – associates and joint ventures

2

-

2

(7)

-

(7)

453 732

(53)

400

(62) (38) 117

(19) (79)

(81)

357 1,089

(117)

90

-

90

-

117

Translation adjustments

822 293 (93)

357 1,179

79

(79)

-

Gross change in fair value of debt instruments  (2)

- -

293 (93)

(115)

- -

(115)

Related tax effect

42

42

Associates’ and joint ventures’ share of fair value of debt instruments

5

- -

5

(1)

- -

(1)

Change in fair value of debt instruments

205

205

(74) (57)

(74)

Gains and losses recorded in equity with recycling

1,480

304 1,784

(98)

(155)

Gross change in fair value of equity instruments 

(22)

- -

(22)

(37)

- -

(37)

Related tax effect

-

-

-

-

Associates’ and joint ventures’ share of fair value of equity instruments

-

- -

-

-

- -

-

Change in fair value of equity instruments Gross change in actuarial gains and losses on post-employment benefits  (3)

(22)

(22)

(37)

(37)

(2,501)

39 (2,462)

3,141 (309)

11 3,152

Related tax effect

(62)

(7)

(69)

(1)

(310)

Associates’ and joint ventures’ share of change in actuarial gains and losses on post-employment benefits

(153)

-

(153)

69

-

69

Change in actuarial gains and losses on post-employment benefits

(2,716)

32 (2,684) 32 (2,706) 336 (922) 363 4,260 375 4,712

2,901 2,864 2,807 3,984 4,191 (207)

10 2,911 10 2,874

Gains and losses recorded in equity with no recycling (2,738)

Total gains and losses recorded in equity CONSOLIDATED COMPREHENSIVE INCOME Comprehensive income of continuing operations Comprehensive income of discontinued operations

(1,258)

(88) (74) (69)

2,719 3,910 4,122

3,897 4,337 (440)

(12) (212) The financial statements at 31 December 2019 apply IFRS 16 from 1 January 2019 (using the modified retrospective approach). In accordance with the new (1) standard’s transition provisions, the comparative figures have not been restated (see note 2.1). Gross changes in fair value recycled to profit and loss in respect of debt and equity securities and hedging instruments are presented in notes 39.2 and 44.4 (2) respectively. Gross changes in actuarial gains and losses are presented in note 34.1.2. (3) (452) (5)

279

EDF | Universal registration document 2019