EDF / 2020 Universal Registration Document

6 FINANCIAL STATEMENTS

Notes to the consolidated financial statements

This approach can be complemented by estimating the impact of a change in the discount rate on the present value. The following table reports these details for the main components of EDF’s provisions for the back-end of the nuclear cycle, decommissioning of nuclear plants and last cores: At 31 December 2020

Amounts in provisions at present value

Sensitivity to discount rate

Balance sheet provisions Pre-tax net income +0.20% -0.20% +0.20% -0,20%

(in millions of euros)

Back-end nuclear cycle expenses: spent fuel management ● waste removal and conditioning ●

11,322

(261)

287

229

(253)

-

13,300

(793)

954

646

(796)

long-term radioactive waste management ● Decommissioning and last core expenses: decommissioning of nuclear plants in operation ● decommissioning of shut-down nuclear plants ●

12,775

(498) (160)

522 172

-

-

4,714 2,711

160

(172)

(91)

97

-

-

last cores ●

TOTAL

44,822 32,676

(1,803) (1,564)

2,032 1,772

1,035

(1,221) (1,043)

Amount covered by dedicated assets

875

At 31 December 2019

Amounts in provisions at present value

Sensitivity to discount rate

Balance sheet provisions Pre-tax net income +0.20% -0.20% +0.20% -0,20%

(in millions of euros)

Back-end nuclear cycle expenses: spent fuel management ● waste removal and conditioning ●

10,823

(228)

249

196

(215)

805

(25)

27

16

(17)

10,531

(659)

750

554

(636)

long-term radioactive waste management ● Decommissioning and last core expenses: decommissioning of nuclear plants in operation ● decommissioning of shut-down nuclear plants ●

13,244

(506) (139)

529 150

7

(7)

3,693 2,624

139

(150)

(88)

94

-

-

last cores ●

TOTAL

41,720 29,975

(1,645) (1,423)

1,799 1,559

912 769

(1,025)

Amount covered by dedicated assets

(868)

375

EDF - UNIVERSAL REGISTRATION DOCUMENT 2020