AFD_REGISTRATION_DOCUMENT_2017

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AFD’S ANNUAL FINANCIAL STATEMENTS Notes to the financial statements at 31bDecember 2017

Noteb1 Short-term investments (1)

December 2017

December 2016

Listed securities 1,059,199

Unlisted securities

Listed securities

Unlisted securities

Total

Total

In millions of euros

Government paper and equivalent

b b b b

1,059,199

731,148

b b b b

731,148

Related receivables

8,463 -416

8,463 -416

4,795 -743

4,795 -743

Impairments NET TOTAL

1,067,246

1,067,246

735,200

735,200 166,007

Bonds and other fixed-income securities

45,252

53,969

99,221

45,937

120,070

Related receivables

446

11

457

446

-33

412

Impairments NET TOTAL

0

0

b

0

b

0

45,698 39,033

53,980

99,678 39,033

46,382 39,033

120,037

166,420

Shares and other variable-income securities

b b b

b b b

39,033

Impairments NET TOTAL

b

b

b

0

39,033

39,033

39,033 820,615

39,033

TOTAL NET VALUE

1,151,977

53,980

1,205,957

120,037

940,652

Variable income

Variable income

Fixed income

Total Fixed income

Total 17,520

In millions of euros

Unrealised capital gains

9,314

10,764

20,078

7,852

9,668

Less than 3 months

3 months to 1 year

From 1 to 5 years

More than

5 years 2017 total

In millions of euros

Maturity of bonds and other fixed-income securities

45,252

b

53,969

b

99,221

Noteb2 Long-term investments (1)

December 2017

December 2016

Listed securities

Unlisted securities

Listed securities

Unlisted securities

Total

Total

In millions of euros

Government paper and equivalent

669,410

b b b b b b b

669,410

683,922 10,330 694,252 103,299

b b b b b b b

683,922 10,330 694,252 103,299

Related receivables

9,563

9,563

Net total

678,973 96,648

678,973 96,648

Bonds and other fixed-income securities

Related receivables

2,561

2,561

2,850

2,850

Net total

99,209

99,209

106,149 800,402

106,149 800,402

TOTAL NET VALUE

778,182

778,182

Difference between purchase price and redemption price

66,216

b

66,216

63,311

b

63,311

During the financial year, no long-term investment was sold before maturity for the needs of managing counterparty risk.

Less than 3 months

3 months to 1 year

From 1 to 5 years

More than 5 years

2017 total

In millions of euros

Maturity of bonds and other fixed-income securities

b

51,960

28,592

96,648

(1) Total balance sheet items: Government paper and equivalent, bonds and other fixed-income securities, shares and other variable-income securities total €1,984,138 thousand at 31/12/2017.

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REGISTRATION DOCUMENT 2017

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