AFD_REGISTRATION_DOCUMENT_2017

7

AFD’S ANNUAL FINANCIAL STATEMENTS

7.1

Highlights of the period Growth of the balance sheet Financing of the Group’s activity Appropriation of 2016bearnings

138 138 138 138 139 139 139 139 139 139 139 140 140 140 141 141 141 139

7.2.9

Forward financial instruments

142 142 144 144 144 145 145 145 145

7.2.10 Provisions

7.1.1 7.1.2 7.1.3 7.1.4 7.1.5 7.1.6 7.1.7 7.1.8 7.2.1 7.2.2 7.2.3 7.2.4 7.2.5 7.2.6 7.2.7 7.2.8 7.2

7.2.11 Reserve for General Banking Risk (RGBR)

7.2.12 Subordinated debt

7.2.13 Financing commitments 7.2.14 Guarantee commitments

Approval change

AFDb– Caisse desbDépôts Group (CDC)b– STOA investment vehicle Disposal of equity stakes held in SIDOM

7.2.15 Disclosure on non-cooperating States and territories

7.2.16 Other information related to consolidation

7.2.17 Post-closing events

Impairment of Fisea securities

Method change for the collective provision allocation

7.3

Notes to the financial statements at 31bDecember 2017 AFD’S financial results over the last five years Statutory auditors’ report on the annual financial statements

146

Accounting principles and assessment methods

7.4

General comments

156

Conversion of foreign currencies

Loans to credit institutions and customers Short-term and long-term investments Shares in related businesses, equity stakes and long-term investments

7.5

157

Bonded debt

Subsidies

Fixed assets

135

REGISTRATION DOCUMENT 2017

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