On 19 November 2019, EDF’s Board of Directors decided to distribute an interim dividend of €0.15 per share in respect of 2019. This interim dividend amounting to a total of €458 million was paid out in the form of new shares (scrip option) or cash on 17 December 2019.
The French government opted for the scrip interim dividend for 2019.
The amount of the cash dividend paid to shareholders who did not opt for the scrip interim dividend for 2019 amounted to €27 million.
Additional equity at 31 December 2019 amounts to a net €9,781 million and consists of:
This net amount includes the effects of foreign currency variations, redemption premiums and the related amortisation.
Payments to bearers of perpetual subordinated bonds amount to €549 million at 31 December 2019 (€551 million at 31 December 2018). This expense is recorded in “Expenses on long-term financial liabilities after hedging” (see note 13).
PERPETUAL SUBORDINATED BONDS
(in millions of currency units)
| Issue date | Amount | Currency | Redemption option | Rate |
|---|---|---|---|---|
| 01/2013 | 01/2013 Amount1,250 | 01/2013 CurrencyEUR | 01/2013 Redemption option12 years | 01/2013 Rate5.38% |
| 01/2013 | 01/2013 Amount1,250 | 01/2013 CurrencyGBP | 01/2013 Redemption option13 years | 01/2013 Rate6.00% |
| 01/2013 | 01/2013 Amount2,098 | 01/2013 CurrencyUSD | 01/2013 Redemption option10 years | 01/2013 Rate5.25% |
| 01/2014 | 01/2014 Amount1,500 | 01/2014 CurrencyUSD | 01/2014 Redemption option10 years | 01/2014 Rate5.63% |
| 01/2014 | 01/2014 Amount267 | 01/2014 CurrencyEUR | 01/2014 Redemption option8 years | 01/2014 Rate4.13% |
| 01/2014 | 01/2014 Amount1,000 | 01/2014 CurrencyEUR | 01/2014 Redemption option12 years | 01/2014 Rate5.00% |
| 01/2014 | 01/2014 Amount750 | 01/2014 CurrencyGBP | 01/2014 Redemption option15 years | 01/2014 Rate5.88% |
| 10/2018 | 10/2018 Amount1,250 | 10/2018 CurrencyEUR | 10/2018 Redemption option6 years | 10/2018 Rate4.00% |
| 11/2019 | 11/2019 Amount500 | 11/2019 CurrencyEUR | 11/2019 Redemption option8 years | 11/2019 Rate3.00% |
| (in millions of euros) | 31/12/2019 | 31/12/2018 |
|---|---|---|
| Value in kind of assets | Value in kind of assets 31/12/2019106 | Value in kind of assets 31/12/2018108 |
| Revaluation difference | Revaluation difference 31/12/2019815 | Revaluation difference 31/12/2018840 |
| Additional depreciation | Additional depreciation 31/12/2019280 | Additional depreciation 31/12/2018240 |
| Rights in hydropower concession assets | Rights in hydropower concession assets31/12/20191,201 | Rights in hydropower concession assets31/12/20181,188 |
| Value in kind of assets | Value in kind of assets 31/12/20191,839 | Value in kind of assets 31/12/20181,746 |
| Unamortised financing by the operator | Unamortised financing by the operator 31/12/2019(1,157) | Unamortised financing by the operator 31/12/2018(1,073) |
| Amortisation of grantor financing | Amortisation of grantor financing 31/12/2019344 | Amortisation of grantor financing 31/12/2018332 |
| Contributions received for concessionary plant assets under construction | Contributions received for concessionary plant assets under construction 31/12/20197 | Contributions received for concessionary plant assets under construction 31/12/20186 |
| Rights in public distribution concession assets* | Rights in public distribution concession assets*31/12/20191,033 | Rights in public distribution concession assets*31/12/20181,011 |
| TOTAL SPECIAL CONCESSION LIABILITIES | TOTAL SPECIAL CONCESSION LIABILITIES31/12/20192,234 | TOTAL SPECIAL CONCESSION LIABILITIES31/12/20182,199 |
*Rights in public distribution concession assets concern the Island Energy Systems (SEI) public electricity distribution concessions.
