EDF / 2019 Universal registration document

6. Financial statements

Notes to the consolidated financial statements

25.3

Right-of-use assets

Installations, plant, machinery, equipment & other

Land and buildings

Total

(in millions of euros)

Gross value at 31/12/2018

10

469 293 762

479

Restatement under IFRS 16 (see note 2.1) Restated gross value at 01/01/2019

4,199 4,209

4,492 4,971

Increases  (1) Decreases

462

82

544

-

-

-

Translation adjustments

27 (7)

1 6

28 (1)

Changes in the scope of consolidation

Other movements  (2)

(171)

(16) 835

(187)

Gross value at 31/12/2019

4,520

5,355

Depreciation and impairment at 31/12/2018

(5)

(378)

(383)

Net depreciation

(542)

(118)

(660)

Disposals

-

- -

-

Translation adjustments

(1)

(1)

Changes in the scope of consolidation

5 2

(3) 18

2

Other movements

20

Depreciation and impairment at 31/12/2019

(541)

(481)

(1,022)

Net value at 31/12/2018

5

91

96

Restated net value at 01/01/2019

4,204 3,979

384 354

4,588 4,333

NET VALUE AT 31/12/2019

Increases concern right-of-use assets recognised in respect of new leases. (1) Other movements include the effect of contract revisions on right-of-use assets. (2)

Investments in associates and joint ventures Note 26

Investments in associates and joint ventures are as follows:

31/12/2019

31/12/2018

Share of net equity

Share of net income

Principal activity  (1)

Share of net equity

Share of net income

Ownership%

(in millions of euros)

Principal investments in associates CTE

O G

50.10 30.00

1,417

308 n.c.

1,406

283

Taishan (TNPJVC)  (2)

n.c.

984

(2)

Other investments held by EDF SA Investments held by EDF Renewables

1,448 1,063

59 77

1,216 1,307 1,085 5,998 1,667

110

79 38

Other investments in associates and joint ventures

n.c.

n.c. 519 288

Subtotal

6,414

508 102 (41)

CENG (reclassified as assets held for sale – see note 46)

G

49.99

n.a. n.a.

Alpiq (sold on 28 May 2019)

G, D, O, T

n.a.

11

622

Subtotal

299 818

2,289 8,287

61

TOTAL

569

not applicable. n.a.: not communicated. n.c.: G = generation, D = distribution, T = transmission, O = other. (1) The financial data for Taishan at 31 December 2019 are not reported in this table as CGN (Taishan’s parent company) publishes its consolidated financial (2) statements later than the Group.

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EDF | Universal registration document 2019