AFD - 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING PRINCIPLES ADOPTED BY THE EUROPEAN UNION

Notes to the consolidated financial statements

% interest 2018

% control 2017

% control 2018

Balance sheet total(1) 42,233,210

Total net income

Contribution to earnings(2)

Localisation

In thousands of euros

AFD

82,413

Fully consolidated companies Soderag

Antilles 100.00 100.00 100.00

5,316

-23

Proparco

Paris 64.95 64.95 64.95 5,373,835

41,769

Sogefom – AFD share Sogefom – Socredo share

Paris 58.69 58.69 58.69

43,064

-320

Paris 1.31 1.31

Fisea

Paris 100.00 100.00 100.00 209,793

-7,234

Propasia

Hong Kong 100.00 100.00 64.95

7,601

85

Companies accounted for by the equity method

P Non-financial entities

Société Immobilière de Nouvelle Calédonie Société immobilière de la Martinique

New Caledonia 50.00 50.00 50.00

43,248

-693

Martinique

0

0

Financial entities

P

Banque Socredo

Polynesia 35.00 35.00 35.00 105,776

5,208

Entities not accounted for

P Foreign state-owned or partially state-owned entities

Société Financière Algérienne et Européenne de Participation (Finalep)

Algeria 28.73 28.73 28.73

13,587 226

Banque Nationale de Développement Agricole Banque de Développement des Seychelles Société de Gestion et d’Exploitation de l’Aéroport de Conakry G’Bessia P Stakes held by Proparco in entities abroad Acon Latin America Opportunities Fund A

Mali

22.67 22.67 22.67 620,987 12,232

Seychelles 20.41 20.41 20.41

69,862 1,020

Guinea 20.00 20.00 20.00

26,468 3,331

6

Multi-country 20.00 20.00 20.00

42,834 1,717

Acon Renewables BV (Hidrotenencias SA)

Panama 24.47 24.47 24.47 144,077 4,259

ADOBE MEZZANINE FUND

Multi-country 23.70

Attijari Bank

Mauritania 20.00 20.00 20.00 190,961 13,471

Averroes Finance II Averroes Finance III Averroes Finance SAS

Multi-country 50.00 50.00 50.00 Multi-country 40.00 40.00 40.00 Multi-country 34.25 34.25 34.25

22,319 -439 9,732 -763 1,380 -1,432

BIMR

Djibouti

20.00 20.00 20.00 515,698 6,993

Catalyst Fund II

Multi-country

Central Africa Growth Fund

Multi-country 24.47 24.47 24.47 Tunisia 21.00 17.64 17.64

520

78

CFE TUNISIE

8,885 -169

Ecocem MEA SAS Fegace Asia sub fund

Multi-country 30.00 Multi-country 20.00

IT worx (It holding)

Egypt

23.87 23.87 23.87

28,052 941

MC II CONCRETE Limited

Multi-country 22.22 22.22 22.22 242,387 22,435

Seaf India Agribusiness International Fund

India 33.36 33.36 33.36

13,468 169

109

REGISTRATION DOCUMENT 2018