AFD_REGISTRATION_DOCUMENT_2017

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

7

Noteb16 Subordinated debt

December 2017

December 2016

In millions of euros Subordinated debt

1,375,000

990,000

Related debts

5

4

TOTAL

1,375,005

990,004

Noteb17 Reserve for General Banking Risk (RGBR)

December 2016

Provisions

Reversal

December 2017

b

Reserve for General Banking Risk (RGBR)

460,000

b

b

b

460,000

Noteb18 Equity excluding RGBR

December 2017

December 2016

In millions of euros

Provisions Reserves Subsidies

2,807,999 1,771,777

2,807,999 1,661,205

32,976 214,604

38,445 138,213

Unallocated income (1)

TOTAL

4,827,355

4,645,861

(1)Dividends distributed to the French State in 2017 totalled €27,642 thousand.

Noteb19 Assets and liabilities in foreign currencies (1)

December 2017

December 2016

In millions of euros

Amount of assets denominated in foreign currencies (2) Amount of liabilities denominated in foreign currencies (2)

8,307,389 6,552,557

9,525,983 6,453,112

(1) Excluding IMF transactions and off-balance sheet hedging transactions, as these transactions offset balance sheet positions. (2) In principle, these foreign-currency positions are offset by forward financial instruments recorded off-balance sheet. Noteb20 Interest and related income

December 2017

December 2016

In millions of euros

Interest and income on transactions with credit institutions (1)

415,005 233,593

438,016 235,987

Interest on loans

Interest on short-term investments

1,494

6,181

Income from forward financial instruments

179,918 512,984 21,560

195,848 500,188 23,130

Interest and income on transactions with customers (1) Interest and income on bonds and other fixed-income securities

Short-term investments Long-term investments

1,573

42

19,988

23,087

Other interest and similar income

505,312 505,312

532,435 532,435

Income from forward financial instruments

TOTAL 1,493,768 (1)The amount of net reversals of provisions for interest on doubtful loans, adjusted for losses on interest on bad loans, is €6,699 thousand at 31/12/2017 compared to €3,109 thousand at 31/12/2016.. 1,454,860

French Overseas Departments

French Pacific Collectivities Foreign countries

In millions of euros

Breakdown of revenue by geographic area:

75,735

42,538

666,281

total revenue of €784,554 thousand

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REGISTRATION DOCUMENT 2017

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