EDF_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS Balance Sheet

PROVISIONS FOR OTHER EXPENSES NOTE 31

Operating increases

Decreases

Other

31/12/2016

Utilisations Reversals

31/12/2017

(in millions of euros)

Provisions for: Personnel expenses ■

88

51 13

(65)

(5)

-

69

Renewal of facilities operated under concessions ■

262 529 879

-

-

(11)

264 605 938

Other expenses ■

194 258

(92)

(26) (31)

-

(157)

(11)

PROVISIONS FOR OTHER EXPENSES

LIABILITIES NOTE 32

Maturity

Gross value at 31/12/2017

Gross value at 31/12/2016

< 1 year 1 - 5 years

> 5 years

Liabilities Bonds

6.

1,500

13,010

32,042

46,552

50,143

Borrowings from financial institutions

-

-

1,200

1,200 1,962

1,245 3,986

Other borrowings

1,949

7

6

Other financial liabilities: Advances on consumption ■

-

1

7 3

19

27

29

Other ■

1,697 5,147 6,861 7,550 8,011 2,206

-

1,700

1,458

Financial liabilities (see note 33)

13,027

33,267

51,441

56,861

-

-

6,861 7,670 8,011 2,308

7,068 7,103 8,539 1,813

Advances and progress payments received (1)

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

88

32

-

- - -

Liabilities related to fixed assets and related accounts

102

Other liabilities (3)

13,922 31,689

-

13,922 31,911 4,471 3,285 97,969

15,717 33,172

Operating, investment and other liabilities

190

32

Cash instruments (4) Deferred income (5) TOTAL LIABILITIES

1,866

1,168

1,437 1,796 36,532

5,283 3,627

577

912

46,140 106,011 Advances and progress payments received principally include monthly standing order payments by EDF’s residential and business customers, amounting to €6,568 (1) million (€6,828 million at 31 December 2016). In 2017 this item includes an amount of €1,562 million for the CSPE compensation to be collected by EDF on energy supplied but not yet billed (€1,632 million in (2) 2016). Mainly the amount of current accounts, cash pooling and cash management agreements with subsidiaries. (3) Essentially unrealised losses on foreign exchange instruments. (4) Deferred income at 31 December 2017 comprises the partner advances made to EDF under nuclear plant financing plans and the associated long-term contracts, (5) amounting to €1,711 million (€1,822 million in 2016). 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. 15,297

453

EDF I Reference Document 2017