EDF / 2020 Universal Registration Document

6 FINANCIAL STATEMENTS

Notes to the consolidated financial statements

The main bond -related operation of 2020 was the offering of Green Bonds convertible into new shares and/or exchangeable for existing shares ( OCEANEs Vertes ). The debt component of these bonds is presented in bonds at the net-of-expense amount of €2,389 million (see notes 14.4.1 and 18.3.2.2).

At 31 December 2020, EDF’s other financial liabilities include negotiable debt instruments amounting to €2,288 million, and an amount of €821 million recognised in respect of the cash received for debt securities transferred to banks under repurchase agreements. These operations do not affect the net indebtedness.

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

Loans from financial institutions

Termination of hedging derivatives

Other financial liabilities

Lease liability

31/12/2020

Bonds

(in millions of euros)

Issuance of borrowings Repayments of borrowings

2,531

835

3,235

-

-

6,601

(3,769)

(371)

(2,293)

(719)

90

(7,062)

Principal borrowings of the Group 18.3.2.2 The Group’s principal borrowings (excluding Green Bonds and OCEANEs) at 31 December 2020 are as follows:

Type of borrowing (in millions of currencies)

Entity

Issue*

Maturity

Issue amount

Currency

Rate

Euro MTN Euro MTN Euro MTN Euro MTN Euro MTN

EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF EDF

01/2009 01/2012 09/2012 09/2009 11/2010 01/2017 03/2012 09/2018 04/2010 10/2018 07/2001 02/2003 06/2009 10/2016 09/2018 01/2009 11/2010 10/2011 01/2014 10/2015 10/2015 09/2018 12/2019 09/2010 10/2016 11/2019 01/2014

01/2021 01/2022 03/2023 09/2024 11/2025 01/2027 03/2027 09/2028 04/2030 10/2030 07/2031 02/2033 06/2034 10/2036 09/2038 01/2039 11/2040 10/2041 01/2044 10/2045 10/2045 09/2048 12/2049 09/2050 10/2056 12/2069 01/2114

2,000 2,000 2,000 2,500

EUR EUR EUR EUR EUR JPY EUR USD EUR EUR GBP EUR GBP EUR USD USD EUR GBP USD USD USD USD EUR GBP USD USD GBP

6.25% 3.88% 2.75% 4.63% 4.00% 1.09% 4.13% 4.50% 4.63% 2.00% 5.88% 5.63% 6.13% 1.88% 4.88% 6.95% 4.50% 5.50% 4.88% 4.75% 4.95% 5.00% 2.00% 5.13% 4.99% 4.50% 6.00%

750

Bond

107,900

Euro MTN

1,000 1,800 1,500 1,000

Bond

Euro MTN Euro MTN Euro MTN Euro MTN Euro MTN Euro MTN

650 850

1,500

750 650

Bond Bond

1,750

Euro MTN Euro MTN

750

1,250 1,000 1,500 1,150 1,300 1,250 1,000 2,164 2,000 1,350

Bond Bond Bond Bond

Euro MTN Euro MTN Euro MTN Euro MTN

Bond

* Date funds were received.

At 31 December 2020, the Group’s principal Green Bonds (see note 20.3.1) are as follows:

Type of borrowing (in millions of currencies)

Entity

Issue

Maturity

Issue amount

Currency

Rate

Euro MTN (Green Bond)

EDF EDF EDF

11/2013 10/2015 10/2016

04/2021 10/2025 10/2026

1,400 1,250 1,750

EUR USD EUR

2.25% 3.63% 1.00%

Bond (Green Bond)

Euro MTN (Green Bond)

397

EDF - UNIVERSAL REGISTRATION DOCUMENT 2020