AFD - 2018 Registration document

AFD’S ANNUAL FINANCIALS STATEMENTS Notes to the financial statements at 31 December 2018

NOTE 1 Short-term investments (1)

December 2017

December 2018

Listed securities 863,195

Unlisted securities

Listed securities

Unlisted securities

Total

Total

In thousands of euros

Government paper and equivalent

863,195 1,059,199

1,059,199

Related receivables

6,848 -2,305

6,848 -2,305

8,463

8,463

Impairments

-416

-416

Net total

867,738 175,176

867,738 1,067,246

1,067,246

Bonds and other fixed-income securities

473,730

648,905

45,252

53,969

99,221

Related receivables

350

-116 -223

235 -223

446

11

457

Impairments

0

0

0

Net total

175,526 473,390 648,917

45,698 39,033

53,980

99,678 39,033

Shares and other variable-income securities

39,033

39,033

Impairments

0

Net total

39,033

39,033

39,033

39,033

TOTAL NET VALUE

1,082,297 473,390 1,555,687 1,151,977

53,980 1,205,957

Variable income

Variable income 10,764

Fixed income

Total Fixed income

Total

In thousands of euros

Unrealised capital gains

7,865

9,147

17,012

9,314

20,078

Less than 3 months

3 months to 1 year

From 1 to 5 years

More than 5 years

Total 2018

In thousands of euros

Maturity of bonds and other fixed-income securities

200,373

200,295

134,768

113,469

648,905

NOTE 2 Long-term investments (1)

December 2017

December 2018

Listed securities 673,170

Unlisted securities

Listed securities

Unlisted securities

Total

Total

In thousands of euros

Government paper and equivalent

673,170 669,410

669,410

7

Related receivables

9,100

9,100

9,563

9,563

Net total

682,269 80,169

682,269 678,973 80,169 96,648

678,973 96,648

Bonds and other fixed-income securities

Related receivables

2,214

2,214

2,561

2,561

Net total

82,383

82,383 99,209 764,652 778,182 63,846 66,216

99,209

TOTAL NET VALUE

764,652

778,182

Difference between purchase price and redemption price 66,216 During the financial year, no long-term investment was sold before maturity for the needs of managing counterparty risk. 63,846

Less than 3 months

3 months to 1 year

From 1 to 5 years

More than 5

years Total 2018

In thousands of euros

Maturity of bonds and other fixed-income securities

4,301

4,013

57,290

14,565

80,169

(1) Total balance sheet items comprising government paper and equivalent (€1,550,007,000), bonds and other fixed-income securities (€731,300,000), shares and other variable-income securities (€39,033,000) for a total of €2,320,339,000 at 31 Dec 2018.

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REGISTRATION DOCUMENT 2018