EDF / 2020 Universal Registration Document

6 FINANCIAL STATEMENTS

Notes to the consolidated financial statements

Off-balance sheet commitments Note 21

This note presents off-balance sheet commitments given and received by the Group at 31 December 2020. The amounts of commitments correspond to non-discounted contractual values.

21.1

Commitments given

The table below shows off-balance sheet commitments given by the Group that have been valued. Other commitments are described separately in the detailed notes.

31/12/2020

Notes

31/12/2019

(in millions of euros)

21.1.1 21.1.2 21.1.3

Operating commitments given Investment commitments given Financing commitments given TOTAL COMMITMENTS GIVEN

42,235 16,494

41,110 18,237

5,536

6,343

64,265

65,690

In almost all cases, these are reciprocal commitments, and the third parties concerned are under a contractual obligation to supply the Group with assets or services related to operating, investment and financing activities. Operating commitments given 21.1.1

Operating commitments given by the Group are as follows:

31/12/2020

31/12/2019

(in millions of euros)

Fuel and energy purchase commitments*

24,715 17,151

25,373 15,248

Operating contract performance commitments given

Operating lease commitments as lessee

369

489

TOTAL OPERATING COMMITMENTS GIVEN

42,235

41,110

Excluding gas purchases and related services *

Fuel and energy purchase commitments 21.1.1.1 In the course of its ordinary generation and supply activities, the Group has entered into long-term contracts for purchases of electricity, gas, other energies and commodities and nuclear fuel, for periods of up to 20 years.

The Group has also entered into long-term purchase contracts with a certain number of electricity producers, by contributing to the financing of power plants.

At 31 December 2020, fuel and energy purchase commitments mature as follows:

31/12/2020

31/12/2019

Maturity

Total

< 1 year

1 to 5 years

5 to 10 years

> 10 years

Total

(in millions of euros)

Electricity purchases and related services (1) Other energy and commodity purchases (2)

10,574

2,562

4,123

2,121

1,768

9,999

308

64

124

120

-

281

Nuclear fuel purchases

13,833

1,610

5,870

4,374

1,979

15,093

FUEL AND ENERGY PURCHASE COMMITMENTS

24,715 25,373 Including commitments given by controlled entities to joint ventures, amounting to €533 million at 31 December 2020 (€569 million at 31 December 2019). (1) Excluding gas purchases and related services (see note 21.1.1.1.4). (2) 4,236 10,117 6,615 3,747

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EDF - UNIVERSAL REGISTRATION DOCUMENT 2020