EDF / 2020 Universal Registration Document

6 FINANCIAL STATEMENTS Notes to the financial statements

Provisions for other expenses Note 31

Increases

Decreases

31/12/2020

31/12/2019

Operating Utilisations

Reversals

Other

(in millions of euros)

Provisions for: personnel expenses ●

84

54 10

(68)

(1) (2) (1)

-

69

replacement of assets operated under concessions ●

272 516 872

(10)

270

696*

(24)

1,187 1,526

other expenses ●

PROVISIONS FOR OTHER EXPENSES

760

(92)

(4)

(10)

Including a €538 million provision for tax litigation following the Council of State’s decision of 11 December 2020 (see note 14). *

Liabilities Note 32

Maturity

Gross value at 31/12/2020

Gross value at 31/12/2019

< 1 year

1 - 5 years

> 5 years

(in millions of euros)

Liabilities Bonds

3,400

11,921

32,025

47,346

50,572

Borrowings from financial institutions

349

596

395

1,340 3,118

1,289 1,845

Other borrowings

3,108

7

3

Other financial liabilities: advances on consumption ●

1

4

21

26

26

1,025 7,883 7,188 7,924 8,110 1,938

-

-

1,025

1,439

other ●

Financial liabilities (see Note 33)

12,528

32,444

52,855

55,171

- - - -

-

7,188 7,970 8,110 1,938

7,050 7,720 8,357 2,172

Advances and progress payments received (1)

Trade payables and related accounts Tax and social security liabilities (2)

46

- - -

Liabilities related to fixed assets and related accounts

Other liabilities (3)

16,026 33,998

629 629 470

16,655 34,673

14,073 32,322

Operating, investment and other liabilities

46

Cash instruments Deferred income (4) TOTAL LIABILITIES

2,973

1,632 1,623

5,075 3,202

4,387 3,112

508

1,071

52,550

14,698 35,745

102,993

102,042

Advances and progress payments received principally include monthly standing order payments by EDF’s residential and business customers, (1) amounting to €6,782 million at 31 December 2020 (€6,719 million at 31 December 2019). In 2020 this item includes an amount of €1,448 million for the CSPE to be collected by EDF on energy supplied but not yet billed (€1,463 million in 2019). (2) Mainly the amount of current accounts, cash pooling and underwriting and cash management agreements with subsidiaries. (3) Deferred income at 31 December 2020 comprises the partner advances made to EDF under nuclear plant financing plans and the associated long-term contracts, (4) amounting to €1,713 million (€1,710 million in 2019). Deferred income on long-term contracts also includes the advance paid to EDF in 2010 under the agreement with the Exeltium consortium. This advance is transferred to the income statement progressively over the term of the contract. Deferred income also includes the initial payment under the Fessenheim compensation protocol.

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EDF - UNIVERSAL REGISTRATION DOCUMENT 2020