EDF / 2019 Universal registration document

6. Financial statements Financial statements

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.

31/12/2019

31/12/2018

To be received (notional)

To be given (notional)

(in millions of euros)

To be received (notional)

To be given (notional)

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

-

-

-

-

8,239 3,294 3,661

8,239 3,294 3,661

7,140 2,795 4,845

7,140 2,795 4,845

USD GBP

JPY

-

-

-

-

Sub-total

15,194

15,194

14,780

14,780

2 – Exchange rate transactions Forward transactions EUR

29,756

24,095

22,438

22,982

CAD USD GBP CHF HUF

205

305

325

190

17,681

21,333

15,431

16,868

5,800

6,579 1,177

7,534

5,290

958

517

196

-

-

1

1

ILS

273 343

273 389 857

153 259 294

153 305 955

PLN

JPY

96

CNY

2

2

13 84

13 84

MXN

106 568

105 568

Other currencies

110

110

Long-term currency swaps BRL

-

19

-

-

EUR

5,308 1,124

35,013

8,578 1,089

38,230

JPY

65

-

USD GBP CHF

20,985 13,035

3,128 2,234

24,284 12,001

3,995 4,358

507

-

488

444

ILS

93 14

93 10

89

89

PLN

9

5

NOK

101

-

100

-

MXN

-

12

-

11

HKD

276

-

269

-

Sub-total

97,231

96,257

94,066

94,279

3 – Securitisation swaps

135

135

194

194

4 – Operations on market securities

-

-

1,136

1,280

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

112,560

111,586

110,176

110,533

5 – Commodity swaps Coal (in millions of tonnes)

2

2

4

4

Oil products (in thousands of barrels)

6,767

6,767

7,252

7,252

The amounts shown in the above table are the nominal values of contracts, translated where necessary using 2019 year-end exchange rates (regardless of whether they are classified as hedges).

446

EDF | Universal registration document 2019

www.edf.fr