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

NOTE 9 Provisions

❙ Provisions

Reversals available

Translation adjustment 31/12/2018

31/12/2017 01/01/2018 Provisions

In thousands of euros

Included in the cost of risk French Overseas Department subsidiary risks

25,466

25,466

4,159

2,180

-

27,446

Other provisions for risk

45,173 108,423 70,639 133,889

28,556 32,715

18,052 20,232

-215 118,711 -215 146,157

Subtotal

Excluded from the cost of risk

-

-

Provision for expenses – Sovereign loans

680,724 680,724 93,600 102,835

62,798

2,535

0 740,986

Staff costs

6,063 3,106

349

- -

108,549

Provision for risks and expenses

4,248

4,248

1,346

6,008

TOTAL

849,211 921,695 104,682 24,461

-216 1,001,700

❙ Asset impairment

Reversals available

Translation adjustment 31/12/2018

31/12/2017 01/01/2018 Provisions

In thousands of euros

Banks

46,749

38,488

-986

7,031

3,550

34,021

Credit to customers

412,850 400,033

80,662 76,103

41,265 46,494

1,753 441,184

Of which Cost of risk

5,303

Other receivables

10,844

10,844

-

-

- -

10,844

Group of homogeneous assets

365,974 169,304

72,504 72,504

53,364 53,364

188,445

Of which Cost of risk

TOTAL

836,416 618,669 152,181 101,660

5,303 674,493

6

NOTE 10 Subordinated debt

31/12/2017

31/12/2018

In thousands of euros

Subordinated loans from the French Treasury

1,048,001

720,000

Related debts

6

5

TOTAL

1,048,007

720,005

145

REGISTRATION DOCUMENT 2018