AFD - 2018 Registration document

CONSOLIDATED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING PRINCIPLES ADOPTED BY THE EUROPEAN UNION 6 Notes to the consolidated financial statements

❙ Financial liabilities

01/01/2018 Reclassements au titre d’IFRS 9

31/12/2017

Passifs financiers à la juste valeur par résultat

Financial liabilities recorded at amortised cost

Balance sheet value under IAS 39

Hedging derivatives

Debts to credit institutions

Debts to customers

Debt securities in issue

In thousands of euros

IAS 39 31/12/2017 Financial liabilities at fair value through profit and loss

266,205 266,205

266,205 266,205

Hedging derivatives

Debts to credit institutions

17,060

17,060

Debts to customers

2,187

2,187

Debt securities in issue Balance under IAS 39 Restatement of book value under IFRS 9 Balance under IFRS 9

28,893,858 29,179,310

28,893,858

266,205

17,060

2,187 28,893,858

01/01/2018

266,205

17,060

2,187 28,893,858

Transition between impairments or provisions established under IAS 39 and loss allowances under IFRS 9 Following the application of IFRS 9 on 1 January 2018, the provisioning arrangements have changed significantly. The provisioning methodology applicable at 1 January 2018 is described in the paragraph on financial instruments in the section on accounting rules and policies. The following table presents the transition from impairments or provisions for liabilities recognised at 31 December 2017 under IAS 39 towards the amount of the loss allowance recognised at 1 January 2018 under IFRS 9:

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REGISTRATION DOCUMENT 2018