EDF_REGISTRATION_DOCUMENT_2017

6.

FINANCIAL STATEMENTS Cash flows and other information

SUBSEQUENT EVENTS NOTE 50

Developments since the year-end that are not presented in other notes are reported below.

50.1

CONFIRMATION OF THE EUROPEAN COMMISSION DECISION ON THE TAX TREATMENT OF PROVISIONS ESTABLISHED BETWEEN 1987 AND 1996 FOR RENEWAL OF GENERAL NETWORK FACILITIES

On 16 January 2018, the General Court of the European Union rejected EDF’s appeal against the European Commission’s decision of 22 July 2015 classifying the tax treatment of provisions established between 1987 and 1996 for renewal of General Network facilities as state aid, and ordering that it be recovered by the French State. Following this decision by the Commission, on 13 October 2015, EDF repaid €1.383 billion, corresponding to the amount of state aid including interest. ENEDIS and RTE contributed their respective shares. In its ruling, the General Court upheld the European Commission’s decision of 22 July 2015 classifying the tax treatment of provisions established for renewal of

General Network as state aid. As EDF had already repaid €1.383 billion on 13 October 2015, the execution of this ruling will not entail any additional payment. The Commission had previously issued a similar decision on 16 December 2003. That decision was cancelled by the Court of Justice of the European Union in a ruling on 5 June 2012, confirming a ruling by the General Court of the European Union dated 15 December 2009. Following that ruling, the Commission reopened an inquiry into state aid, at the end of which it issued the decision of 22 July 2015 which was challenged by EDF. EDF acknowledges this decision and will consider the advisability of submitting an appeal to the Court of Justice of the European Union.

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EDF I Reference Document 2017