AFD_REGISTRATION_DOCUMENT_2017

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

7

Noteb3 Receivables from credit institutions

December 2017

December 2016

Demand 173,960 2,043,293 2,043,293

Term

Total

Demand 170,987 746,656 746,656

Term

Total

In millions of euros Regular accounts

0

173,960

0

170,987

Loans to credit institutions

9,761,535

11,804,827 2,962,658 8,842,169

10,162,489 1,141,924 9,020,565

10,909,143 1,888,578 9,020,565

919,365

of which interbank investment (1)

of which loan activity

0

8,842,169

0

Related receivables

120

53,747

53,867

88

56,021

56,109

Impairments

-872

-136,994

-137,866

0

-117,212

-117,213

TOTAL

2,216,500

9,678,288 11,894,788

917,730 10,101,296 11,019,027

(1)This item includes money-market UCITS. The amount of outstandings at the State’s risk and on behalf of the State is €2,026,231 thousand.

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 loans to credit institutions

792,380

3,560,870

3,238,090

8,842,169

Total outstanding doubtful loans (€113,985 thousand) are included in “Less than 3 months”.

December 2017

December 2016

Details of doubtful term loans In millions of euros

Gross

Impairments

Gross

Impairments

Doubtful outstandings (excluding related receivables) of which non-performing outstanding sovereign loans (1) of which non-performing outstanding non-sovereign loans

130,067

129,139

113,985

109,358

b

b

b

b

113,463

112,112

106,378

106,346

(1)Granted to Governments or with their endorsement. Only the outstanding principal of these loans is the object of provisions for liabilities.

Noteb4 Transactions with customers

December 2017

December 2016

In millions of euros Credit to customers Related receivables

24,280,783

22,353,814

98,772

101,100 -306,673

Impairments

-308,879

TOTAL

24,070,676

22,148,241

Outstanding credit at the State’s risk is €667,520 thousand at 31/12/2017. Outstandings for loans on behalf of the State and for governmental loans stand at €6,062 thousand.

Less than 3 months

3 months to 1 year

From 1 to 5 years

More than 5 years 14,826,549

2017 total 24,280,783

In millions of euros

Maturity of loans to customers

756,844

1,469,837

7,227,552

Total arrears on ordinary receivables (€46,037 thousand) and total doubtful loans (€520,481 thousand) are included in “Less than 3 months”.

December 2017

December 2016

Details of doubtful term loans In millions of euros

Gross

Impairments

Gross

Impairments

Doubtful outstandings (excluding related receivables) of which non-performing outstanding sovereign loans (1) of which non-performing outstanding non-sovereign loans

520,482 94,181 136,063

308,879 78,080 125,556

488,241 91,398 130,116

306,673 74,115 120,943

(1)Granted to Governments or with their endorsement. Only the outstanding principal of these loans is the object of provisions for liabilities.

148

REGISTRATION DOCUMENT 2017

www.afd.fr