EDF_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS Balance Sheet

ADDITIONAL EQUITY NOTE 25 Additional equity consists of the perpetual subordinated bonds issued by EDF in January 2013 and January 2014 at the value of €6,135 million and €3,973 million respectively (net of redemption premiums).

After adjustment for foreign exchange variations and amortisation of the redemption premium over the year, additional equity amounts to €10,449 million at 31 December 2017.

PERPETUAL SUBORDINATED BONDS: (in millions of currency units) Entity

Issue date

Amount

Currency Redemption option

Rate

EDF EDF EDF EDF EDF EDF EDF EDF

01/2013 01/2013 01/2013 01/2013 01/2014 01/2014 01/2014 01/2014

1,250 1,250 1,250 3,000 1,500 1,000 1,000

EUR EUR GBP USD USD EUR EUR GBP

7 years 12 years 13 years 10 years 10 years 8 years 12 years 15 years

4.25% 5.38% 6.00% 5.25% 5.63% 4.13% 5.00% 5.88%

750

SPECIAL CONCESSION LIABILITIES NOTE 26

6.

31/12/2017

31/12/2016

(in millions of euros)

Value in kind of assets Revaluation difference Additional depreciation

107 860 198

105 885 164

Rights in hydropower assets

1,165 1,695

1,154 1,653 (999)

Value in kind of assets

Unamortised financing by the operator Amortisation of grantor financing

(1,026)

319

306

Contributions received for concessionary plant assets under construction

6

6

Rights in public distribution concession assets (1) TOTAL SPECIAL CONCESSION LIABILITIES

994

966

2,159

2,120

Rights in public distribution concession assets concern the Island Energy Systems (SEI) public electricity distribution concession. (1)

PROVISIONS FOR RISKS NOTE 27

Increases

Decreases

Other

31/12/2016

Operating (1)

Financial

Utilisations Reversals Financial (2)

31/12/2017

(in millions of euros)

Provisions for unrealised exchange losses Provisions for losses on contracts

1,083

-

14

-

-

(525)

- -

572 510 302

672 434

30 48 78

9

(97)

(104)

- -

Provisions for other risks PROVISIONS FOR RISKS

-

(171) (268)

(10)

1 1

2,189

23

(114)

(525)

1,384

Mainly concerning supply and sales contracts. (1) €524 million of reversals from provisions concern perpetual bonds (see note 13). (2)

443

EDF I Reference Document 2017