AFD_REGISTRATION_DOCUMENT_2017

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

7

Noteb26 Overheads – Staff costs

December 2017

December 2016

In millions of euros Wages and bonuses

156,751 64,579 10,490 15,435

139,543 58,548

Social security expenses

Profit sharing

7,204

Taxes and similar payments on remuneration

13,248

Provisions/reversal of provisions

1,723

4,762

Rebilling banks’ staff

-13,317 235,661

-13,644 209,660

TOTAL

Noteb27 Average workforce

Head office and branches (excluding institutions)

Skilled employees Supervisors Service staff

Stationary staff

Executives

2017 total

b

1,324

130

6

1

518

1,978

Noteb28 Asset impairment

December 2017

Translation adjustment

December 2016

Provisions Reversals

Total

In millions of euros

Unpaid interest on loans (Notes 3 and 4) Individualised risk on loans (Notes 3 and 4) Impairment of equity stakes (Notes 5 and 6) Impairment of short-term investments (Note 23)

15,226 67,364 13,752

12,390 45,578

-195

147,898 297,975 34,418

145,257 273,267 21,200

-2,031

535 366

b b

911

1,285

740

TOTAL

97,253

58,869

-2,226

481,576

440,464

Noteb29 Cost of risk (1)

December 2017

Provisions

Reversals

Total 36,055 -21,786 -4,420

December 2016

In millions of euros Provisions (Note 15) (1)

41,946 67,364

78,001 45,578

-56,750 -15,964 -1,641 -74,355

Depreciation of principal of doubtful loans (Note 28)

Losses on principal of bad loans

4,424

5

TOTAL

113,734

123,583

9,849

(1)These figures do not include the first line or the last three lines of Note 15.

Noteb30 Gains or losses on fixed assets

December 2017

December 2016

In millions of euros

Gains or losses on financial fixed assets

4,951 18,169 -13,218

-589

Capital gains and losses

-1,534

Provisions/reversals for depreciation Gains or losses on other fixed assets

945 968 379

469

TOTAL

5,420

Noteb31 Exceptional income

December 2017

December 2016

In millions of euros Exceptional gains Exceptional losses

50

36

701

210

NET TOTAL

-650

-173

154

REGISTRATION DOCUMENT 2017

www.afd.fr