EDF / 2019 Universal registration document

6. Financial statements Other items

Significant change in the financial or trading position 6.6.2

Significant events occurring between the last day of the 2019 fiscal year and the Board of Directors approved the financial statements and, for events which occurred date of the filing of this Universal Registration Document are mentioned in note 52 after 13 February 2020, in section 5.2 “Subsequent events” of this Universal of the appendix to the consolidated financial statements of the year ended Registration Document. 31 December 2019 for events which occurred before 13 February 2020, when the Information on invoice settlement times (accounts payable 6.6.3 and receivable required by Article L. 441-6-1 of the French Commercial Code) Within the framework of the LME Act as amended by Act no. 2015-990 promoting growth, activity and equal economic opportunities, EDF publishes the amounts, including VAT, of debts and receivables due at the end of the fiscal year. These amounts are broken down by tranche of overdue payments and posted respectively to the amount including VAT of purchases and sales for the fiscal year.

Article D. 441 I.-2°: overdue invoices which have been issued but not paid at the closing date of the fiscal year

Article D. 441 I.-1°: overdue invoices which have been received but not paid

Total (1 day and more)

Total (1 day and more)

91 days and more

91 days and more

0  day

1-30  days

31-60  days

61-90  days

0  day

1-30  days

31-60  days

61-90  days

(in millions of euros)

(A) Period overdue Number of invoices

80,665

4,602 3,588,764

6,857,033

Total amount of invoices (including VAT) % of the total amount of purchases of the year % of total amount of sales of the year (including VAT)

2,375

28

6

1

0

35 1,257

241

70

50

592

953

4.7

0.1

0

0

0

0.1

2.1

0.4

0.1

0.1

1

1.6

(B) Invoices excluded from (A) relating to payables and receivables in dispute or unrecognised Number of invoices excluded 0

0 0

Number of invoices excluded

0

(C) Reference payment terms applied (contractual or statutory – Article l. 441-6 or Article L. 43-1 of the French Commercial Code) Payment terms used for calculating periods overdue Legal and contractual deadlines

Legal deadines

In August 2019, EDF was sanctioned following an audit by the DGCCRF, which end-to-end management of the purchasing process, in particular the invoice found late payments for over 10% of the invoices in the sample audited in 2017. processing process, and improves the quality of the stakeholders’ actions at each The Company has put in place a very proactive action plan that reinforces the stage. This plan also accelerates the digitalisation of exchanges with suppliers.

Information on existing branches required by Article L. 231-1 of the 6.6.4 Commercial Code

Bahrain; ■ Benin; ■ Cambodia; ■ China: Taïshan, ■ South Africa; ■ Cape Verde; ■ Qatar; ■ New Caledonia. ■

At 31 December 2019, the Group had 195 secondary establishments registered with the French Trade and Companies Registers stated in the Company’s “K-bis” document, and operated on French territory through several thousand different offices which do not fulfil the independent management criterion to qualify as a branch. EDF’s branches  (1) outside mainland France are listed below: Saint-Barthélemy; ■ Saint-Pierre-et-Miquelon; ■ Saint Martin; ■ United Arab Emirates: Abu Dhabi; ■

(1) In fiscal terms, this is a list of permanent establishments located outside France.

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EDF | Universal registration document 2019