EDF_REGISTRATION_DOCUMENT_2017

6.

FINANCIAL STATEMENTS Balance Sheet

FINANCIAL LIABILITIES NOTE 33

Balance at 31/12/2016 New borrowings

Translation adjustments

Balance at 31/12/2017

Repayments

Other

(in millions of euros)

Bonds in euros

1,013

-

-

-

- - - - - - - - - - - -

1,013

Bonds in other currencies

15,309 20,483

1,124

(2,270)

(1,725)

12,438 20,483

Euro-Medium Term Notes (EMTN) in euros Euro-Medium Term Notes (EMTN) in other currencies

-

-

-

13,338 50,143

146

-

(866)

12,618 46,552

Bonds

1,270

(2,270)

(2,591)

Long-term loans in euros

1,245 1,245 1,674 2,298

- - - -

(45) (45)

- - -

1,200 1,200

Borrowings from financial institutions Negotiable debt instruments in euros (1) Negotiable debt instruments (non Euro) (1)

(974) (790)

700

(261)

1,247

Contractual financial borrowings

14

2 2

(1)

-

15

Other borrowings Total borrowings

3,986

(1,765) (4,080)

(261)

1,962

55,374

1,272

(2,852)

49,714

Advances on consumption

29 82

-

-

- - - - - -

(2)

27 80

Miscellaneous advances

11

(13)

-

Bank overdrafts

134

- - -

- - -

299

433

Deferred bank debits

38

1

39

Interest payable

1,204 1,458 56,861

(56) 244 242

1,148 1,700 51,441

Total other financial liabilities TOTAL FINANCIAL LIABILITIES

11

(13)

1,283

(4,093)

(2,852)

Issues net of repayments. (1)

On 20 January 2017, EDF raised ¥137 billion, i.e. around €1.1 billion, through 4 senior bond issues on the Japanese market (“Samurai bonds”) (see note 2.5)

Redemption of bonds totalled €2,270 million and concerned bonds in foreign currencies that reached maturity.

33.1

BREAKDOWN OF LOANS BY CURRENCY, BEFORE AND AFTER HEDGING

INSTRUMENTS

Impact of hedging instruments

Debt structure in balance sheet

Debt structure after hedging

Non-Euro In euros Non-Euro of debt

Non-Euro In euros Non-Euro In euros % Non-Euro % of debt

(in millions of euros) Total I - Euros

23,411

47

21,360

44,771

90

CHF GBP HKD

550

470

1.8

1

(550)

(470)

-

-

-

7,385 8,324

31.6

17

(3,000) (2,416)

(3,381)

4,385 4,943

100

10

2,416

258

1.0 3.9 0.4

1

(258)

- - - -

- - - -

- - - -

JPY

137,000 1,015

2 (137,000)

(1,015)

NOK USD

1,000

101

-

(1,000) (19,351)

(101)

-

19,351 16,135

61.3

32

(16,135)

Total II - Non Euro currencies

26,303 49,714

100

53

(21,360)

4,943 49,714

100

10

100

-

100

TOTAL I+II

The nominal value of hedging instruments included in off-balance sheet commitments (see note 35.1) has no effect on loans in the balance sheet.

454

EDF I Reference Document 2017