EDF_REGISTRATION_DOCUMENT_2017

6.

FINANCIAL STATEMENTS Cash flows and other information

Electricity supply commitments 44.2.1.4 In the course of its business, the EDF group has signed long-term contracts to supply electricity as follows: long-term contracts with a number of European electricity operators, for a ■ specific plant or for a defined group of plants in the French nuclear generation fleet, corresponding to installed power capacity of 3.5GW; in execution of France’s NOME Law on organisation of the French electricity ■ market, EDF has a commitment to sell some of the energy generated by its existing nuclear power plants to other suppliers. This covers volumes of up to 100TWh each year until 31 December 2025.

Sale commitments for regasification 44.2.1.5 capacities and related services The Dunkirk methane terminal began commercial operations in early 2017. It has an annual regasification capacity of some 13 billion cubic metres. The Total group has subscribed a liquefied natural gas (LNG) regasification capacity from Dunkerque LNG, covering a total fixed volume of 40 billion cubic metres over a 20-year period. 8.5 billion cubic metres of this volume could, subject to certain restrictive conditions, be transferred to EDF.

44.2.2

Investment commitments received

31/12/2017 31/12/2016

Maturity

Total

< 1 year

1-5 years

> 5 years

Total 3,663

(in millions of euros)

214

20

72

122

INVESTMENT COMMITMENTS RECEIVED

The decrease in investment commitments over the first half of 2017 reflects the completion of operations initiated before 31 December 2016 as part of the asset disposal plan (see note 3.4). At 31 December 2016, investment commitments received mainly included a commitment of €2,566 million relating to the future sale of 49.9% of its subsidiary RTE via the company CTE. Other notable investment commitments received

concerned the future sale of EDF Démász Zrt and EDF Trading’s coal trading and freight businesses. Under the terms of the agreement signed with Exelon on 29 July 2013 and finalised on 1 April 2014, EDF has an option to sell its share in CENG to Exelon at fair value, which can be exercised between January 2016 and June 2022. Due to its features, this commitment has nil value at 31 December 2017.

44.2.3

Financing commitments received

31/12/2017 31/12/2016

Maturity

Total

< 1 year

1-5 years

> 5 years

Total

(in millions of euros)

72

51

1

20

24

FINANCING COMMITMENTS RECEIVED

396

EDF I Reference Document 2017