EDF / 2019 Universal registration document

6. Financial statements

Notes to the consolidated financial statements

24.2

Movements in property, plant and equipment operated under concessions for other

activities (excluding assets in progress)

Other installations, plant, machinery, equipment & other

Fossil-fired & hydropower plants

Land and buildings

Networks

Total

(in millions of euros)

Gross value at 31/12/2018

1,510

12,902

24

609

15,045

Increases Decreases

23 (6)

259 (33)

8

33

323 (56)

(6)

(11)

Translation adjustments

- -

7

- -

1

8

Changes in the scope of consolidation*

(2,131)

(8)

(2,139)

Other movements

1

17

1

-

19

GROSS VALUE AT 31/12/2019

1,528 (929)

11,021 (7,653)

27

624

13,200 (9,019)

Depreciation and impairment at 31/12/2018

(15)

(422)

Net depreciation

(32)

(264)

(6)

(31)

(333)

Impairment net of reversals

-

-

-

-

-

Disposals

5

29 (5)

1

10

45 (5)

Translation adjustments

- - -

- - -

-

Changes in the scope of consolidation*

1,805

14 (9)

1,819

Other movements

7

(2)

DEPRECIATION AND IMPAIRMENT AT 31/12/2019

(956)

(6,081)

(20)

(438)

(7,495)

Net value at 31/12/2018 NET VALUE AT 31/12/2019

581 572

5,249 4,940

9 7

187 186

6,026 5,705

Changes in the scope of consolidation essentially concern the reclassification of E&P concession assets as assets held for sale. *

Property, plant and equipment operated under concessions for other activities comprise concession facilities mainly located in France (hydropower, excluding public electricity distribution) and take account of the presentation of Edison’s E&P concessions as assets held for sale.

In 2019, impairment of property, plant and equipment in progress amount to €(14) million. The change in 2019 in assets operated under concessions principally concerns the reclassification of Edison’s E&P operations as assets held for sale, at the amount of €(546) million.

Property, plant and equipment used in generation Note 25 and other tangible assets owned by the Group, including right-of-use assets

25.1

Net value of property, plant and equipment used in generation and other tangible

assets owned by the Group, including right-of-use assets

The net value of property, plant and equipment used in generation and other tangible assets owned by the Group, including right-of-use assets, breaks down as follows:

31/12/2019

31/12/2018

(in millions of euros)

Property, plant and equipment

50,011 34,755

47,779 30,377

Property, plant and equipment in progress Finance-leased property, plant and equipment*

n.a.

96

Right-of-use assets*

4,333

n.a.

PROPERTY, PLANT AND EQUIPMENT USED IN GENERATION AND OTHER TANGIBLE ASSETS OWNED BY THE GROUP, INCLUDING RIGHT-OF-USE ASSETS n.a.: not applicable. At 31 December 2018, these assets consisted only of finance-leased assets (€96 million). * At 31 December 2019, they also include all assets leased as lessee by all Group subsidiaries (IFRS 16).

89,099

78,252

333

EDF | Universal registration document 2019