EDF / 2019 Universal registration document

6. Financial statements

Notes to the consolidated financial statements

41.2

Loans and other financial liabilities

41.2.1

Changes in loans and other financial liabilities

Loans from financial institutions

Other financial liabilities

Lease liability  (1)

Accrued Interest

Bonds

Total

(in millions of euros)

Balances at 31/12/2018

50,401

3,098

4,026

324

1,339

59,188

IFRS 16 restatements (see note 2.1) Restated balances at 01/01/2019

-

-

-

4,492 4,816

-

4,492

50,401

3,098 1,789 (533)

4,026 4,266

1,339

63,680

Increases Decreases

3,025

544

188

9,812

(3,336)

(2,679)

(721)

(185)

(7,454)

Translation adjustments

311

32

26

26

- - -

395

Changes in scope of consolidation  (2)

-

(1,266)

(17) (38) 367

3

(1,280)

Changes in fair value

2,047

-

-

2,009

Other changes

-

19

(158) 4,510

(11)

217

BALANCES AT 31/12/2019

52,448

3,139

5,952

1,331

67,380

At 31 December 2018 this consists of loans related to finance-leased assets. (1) At 31 December 2019, finance-leased assets are included in the lease liability. Changes in the scope of consolidation essentially concern the effect of loss of control over NnG (see note 3.4.5). (2)

A breakdown of the issuance and repayments of borrowings presented in the cash flow statement is presented below:

Loans from financial institutions

Termination of hedging derivatives

Other financial liabilities

31/12/2019

Bonds

Lease liability

(in millions of euros)

Issuance of borrowings Repayments of borrowings

3,025

1,789 (533)

4,266

-

-

9,080

(3,336)

(2,679)

(721)

293

(6,976)

Loans and other financial liabilities of the Group’s main entities are as follows:

31/12/2019

31/12/2018

(in millions of euros)

EDF and other related subsidiaries  (1)

56,777

48,650

EDF Energy  (2)

3,711 5,438

3,345 5,741

EDF Renewables

Edison  (3)

654 800

549 903

Other

LOANS AND OTHER FINANCIAL LIABILITIES

67,380

59,188

Enedis, EDF PEI, EDF International, EDF Holding SAS, C3 and EDF Investissements Groupe. (1) Including holding companies. (2) Edison excluding TdE SpA. (3)

At 31 December 2019, none of these entities had defaulted on any borrowing.

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EDF | Universal registration document 2019