EDF / 2020 Universal Registration Document

6 FINANCIAL STATEMENTS Notes to the financial statements

18.6

Financial loans and receivables related to investments

Liquidity

Gross value at 31/12/2020

Gross value at 31/12/2019

< 1 year

1-5 years

> 5 years

(in millions of euros)

Receivables related to investments

2

- -

49

51

53

CSPE receivable

-

-

-

684

Loans to subsidiaries and other financial assets FINANCIAL LOANS AND RECEIVABLES RELATED TO INVESTMENTS

1,535

13,579*

1,308

16,422

12,026

1,537

13,579

1,357

16,473

12,763

Including €9.95 billion of loans to EDF International, notably corresponding to termination of drawings on credit lines maturing in 2022 and 2023. *

Inventories and work-in-progress Note 19

31/12/2020

31/12/2019

Gross value Provisions

Net value

Gross value Provisions

Net value

(in millions of euros)

Nuclear fuel

8,322

(33) (32)

8,289

8,332

(4)

8,328

Other raw materials

265

233

116

(20)

96

Other supplies (1)

1,963

(236)

1,727

1,533

(221)

1,312

Work-in-progress and other inventories (2)

292

-

292

50

-

50

TOTAL INVENTORIES

10,842

(301)

10,541

10,031

(245)

9,786

The increase in the inventory of Other supplies includes the increase in the stock of capacity certificates at 31 December 2020. (1) The increase in the inventory of Work-in-progress and other inventories is mainly attributable to the stock of Energy Savings Certificates at 31 December 2020. (2)

Other current assets and cash Note 20

Gross value at 31/12/2020

Gross value at 31/12/2019

Liquidity

< 1 year

1-5 years

> 5 years

(in millions of euros)

Advances on orders Trade receivables: ● Amounts billed Unbilled receivables (1)

375

127

221

723

694

2,389

- -

- -

2,389

2,210

13,684

13,684

13,429

Other operating receivables (2) ● Total operating receivables

6,234

64 64

217 217 623

6,515

5,688

22,307

22,588

21,327

823

368

1,814 5,364

2,672 4,714 1,087

Cash instruments (3)

5,364

Cash and cash equivalents (4)

Prepaid expenses

219

241 800

527

987

TOTAL CURRENT ASSETS

29,088

1,588

31,476

30,494

Mainly receivables for energy supplied and not billed in 2020. (1) Including €3,480 million of receivables on the State related to taxes other than income taxes, and €1,974 million receivable in compensation for public energy (2) service charges (CSPE) (€1,647 million in 2019). Unrealised gains on foreign exchange instruments. (3) At 31 December 2020, cash and cash equivalents include €821 million resulting from the transfer of bonds to several banks under repurchase agreements, (4) with recognition of a corresponding financial liability (see note 33 (2)).

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EDF - UNIVERSAL REGISTRATION DOCUMENT 2020