AFD_REGISTRATION_DOCUMENT_2017

PRESENTATION OF AFD Activities of agence française debdeveloppement group in 2017

1

1.5.2 Information about offices and activities at 31bDecember 2017 Net banking income, revenue and employees by country for subsidiaries that are fully consolidated and equity-accounted in AFD’s financial statements The table below presents the NBI, revenue and number of AFD employees of fully consolidated and equity-accounted companies.

revenue falling, the country’s budgetary margins for manoeuvre were limited and the political uncertainty with the approach of the ANC’s congress elections at the end of the year was yet another reason for investors to hold off. The economic situation continued to deteriorate in the CEMAC countries in 2017. All of the region’s countries, except the CAR, were affected – to differing degrees – by the terms of trade shock from the fall in the oil price. In June 2017, Gabon, Cameroon and Chad entered into an agreement with the IMF. In early November 2017, the first IMF reviews in Gabon and Cameroon were the subject of an agreement between the Fund teams and the authorities on performance of the programmes. Growth in the WAEMU zone remained a healthy 6.6% in 2017, driven primarily by Côte d’Ivoire and Senegal.

At 31/12/2017

2017

Corporation tax amount (2)

Net banking income In millions of euros (1)

Net income or loss before taxes (1)

Revenue In millions of euros (1)

Public subsidies received

Of which current

Of which deferred

FTE headcount

Total

b

European Union member states:

b

b

b

b

b

b

b

b

France

765

66

284

14

15

0

383

2,627

Asia:

b

b

b

b

b

b

b

b

Hong Kong

b

0

0

b

b

b

b

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TOTAL

765

66

285

14

15

0

383

2,639

(1)Data from the individual company financial statements of the entities concerned. (2)Data from the consolidated financial statements. 1.5.2.1 Entities’ offices by country The table below lists all Group companies, whether consolidated fully or using the equity method.

Offices by country

Activities

France

b

AFDb– Agence Française de Développement

Financial institution

Fisea (Investment and Support Fund for Businesses in Africa)

Investment fund

Proparco –bSociété de Promotion et de Participation pour la Coopération Économique

Financial institution

Soderag –bSociété de Développement Régional Antilles-Guyane Sogefom –bSociété de Gestion des Fonds de Garantie d’Outre-mer

Guarantee fund Guarantee fund

Hong Kong

b

TR Propasia Ltd New Caledonia

Investment fund

b

SIC NCb– Société Immobilière de Nouvelle-Calédonie

Real estate company

French Polynesia Banque Socredo

b

Bank

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REGISTRATION DOCUMENT 2017

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