AFD - 2018 Registration document

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

NOTE 5 Equity stakes and other long-term investments

December 2017

December 2018

In thousands of euros

Long-term securities and equity stakes

154,131 163,428

161,529 168,202

Gross value (1)

Translation differences

-9,297

-6,673

Related receivables

0

0

Impairments NET TOTAL

15,052

17,349

139,078

144,180

(1) The gross amount of listed shares totalled €11,524,000 in 2018.

NOTE 6 Shares in related businesses

December 2017

December 2018

In thousands of euros

Gross value Impairments NET TOTAL

642,645 22,555 620,089

622,645 17,070 605,575

NOTE 7 Transactions with related businesses

December 2017

December 2018

In thousands of euros

Assets Receivables from credit institutions Liabilities Term debts to credit institutions Off-balance sheet Financing commitments given Guarantee commitments given

4,085,876

3,772,642

276,996

323,947

1,534,076 1,045,845

1,395,081

908,983

NOTE 8 List of subsidiaries and equity stakes

7

❙ Subsidiaries held at more than 50%

Proparco

Soderag

In thousands of euros

Head office

151, rue Saint-Honoré

rue F. Eboué BP 64 97110 Pointe à Pître

75001 Paris

Equity

693,079 64.95% 920,347 14,890 420,556 420,556

5,577

Equity holdings

100.00% -116,166

Shareholders’ equity

of which income after tax

-23

Gross book value Net book value

5,980

0

195

REGISTRATION DOCUMENT 2018