Universal Registration Document 2020

4.1.1 At 31 December 2020

(in millions of euros)	France –Generation and Supply	France –Regulated activities	Framatome	UnitedKingdom	Italy	Other international	EDFRenewables	Dalkia	Other activities	Inter-segment eliminations	Total
Income statement:	Income statement: France –Generation and Supply	Income statement: France –Regulated activities	Income statement: Framatome	Income statement: UnitedKingdom	Income statement: Italy	Income statement: Other international	Income statement: EDFRenewables	Income statement: Dalkia	Income statement: Other activities	Income statement: Inter-segment eliminations	Income statement:Total
External sales	External sales France –Generation and Supply 27,112	External sales France –Regulated activities 16,178	External sales Framatome 1,900	External sales UnitedKingdom 9,041	External sales Italy 5,937	External sales Other international 2,242	External sales EDFRenewables 1,069	External sales Dalkia 3,729	External sales Other activities 1,823	External sales Inter-segment eliminations -	External sales Total 69,031
Inter-segment sales	Inter-segment sales France –Generation and Supply 1,249	Inter-segment sales France –Regulated activities 50	Inter-segment sales Framatome 1,395	Inter-segment sales UnitedKingdom -	Inter-segment sales Italy 30	Inter-segment sales Other international 178	Inter-segment sales EDFRenewables 513	Inter-segment sales Dalkia 483	Inter-segment sales Other activities 304	Inter-segment sales Inter-segment eliminations (4,202)	Inter-segment sales Total -
TOTAL SALES	TOTAL SALES France –Generation and Supply 28,361	TOTAL SALES France –Regulated activities 16,228	TOTAL SALES Framatome 3,295	TOTAL SALES UnitedKingdom 9,041	TOTAL SALES Italy 5,967	TOTAL SALES Other international 2,420	TOTAL SALES EDFRenewables 1,582	TOTAL SALES Dalkia 4,212	TOTAL SALES Other activities 2,127	TOTAL SALES Inter-segment eliminations (4,202)	TOTAL SALESTotal 69,031
OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION France –Generation and Supply 7,412	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION France –Regulated activities 5,206	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Framatome 534	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION UnitedKingdom 823	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Italy 683	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Other international 380	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION EDFRenewables 848	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Dalkia 290	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Other activities 261	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Inter-segment eliminations (263)	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONTotal 16,174
OPERATING PROFIT	OPERATING PROFIT France –Generation and Supply 2,270	OPERATING PROFIT France –Regulated activities 1,893	OPERATING PROFIT Framatome 269	OPERATING PROFIT UnitedKingdom (947)	OPERATING PROFIT Italy 134	OPERATING PROFIT Other international 98	OPERATING PROFIT EDFRenewables 354	OPERATING PROFIT Dalkia (32)	OPERATING PROFIT Other activities 99	OPERATING PROFIT Inter-segment eliminations (263)	OPERATING PROFITTotal 3,875
Balance sheet:	Balance sheet: France –Generation and Supply	Balance sheet: France –Regulated activities	Balance sheet: Framatome	Balance sheet: UnitedKingdom	Balance sheet: Italy	Balance sheet: Other international	Balance sheet: EDFRenewables	Balance sheet: Dalkia	Balance sheet: Other activities	Balance sheet: Inter-segment eliminations	Balance sheet:Total
Goodwill	Goodwill France –Generation and Supply 109	Goodwill France –Regulated activities 223	Goodwill Framatome 1,332	Goodwill UnitedKingdom 7,569	Goodwill Italy 98	Goodwill Other international 37	Goodwill EDFRenewables 183	Goodwill Dalkia 572	Goodwill Other activities 142	Goodwill Inter-segment eliminations -	Goodwill Total 10,265
Intangible assets and property, plant and equipment	Intangible assets and property, plant and equipment France –Generation and Supply 60,773	Intangible assets and property, plant and equipment France –Regulated activities 65,383	Intangible assets and property, plant and equipment Framatome 2,603	Intangible assets and property, plant and equipment UnitedKingdom 20,537	Intangible assets and property, plant and equipment Italy 5,286	Intangible assets and property, plant and equipment Other international 2,127	Intangible assets and property, plant and equipment EDFRenewables 9,782	Intangible assets and property, plant and equipment Dalkia 2,255	Intangible assets and property, plant and equipment Other activities 647	Intangible assets and property, plant and equipment Inter-segment eliminations -	Intangible assets and property, plant and equipment Total 169,393
Investments in associates and joint ventures⁽¹⁾	Investments in associates and joint ventures ⁽¹⁾ France –Generation and Supply 2,859	Investments in associates and joint ventures ⁽¹⁾ France –Regulated activities -	Investments in associates and joint ventures ⁽¹⁾ Framatome 65	Investments in associates and joint ventures ⁽¹⁾ UnitedKingdom 119	Investments in associates and joint ventures ⁽¹⁾ Italy 156	Investments in associates and joint ventures ⁽¹⁾ Other international 1,991	Investments in associates and joint ventures ⁽¹⁾ EDFRenewables 1,197	Investments in associates and joint ventures ⁽¹⁾ Dalkia 75	Investments in associates and joint ventures ⁽¹⁾ Other activities 332	Investments in associates and joint ventures ⁽¹⁾ Inter-segment eliminations -	Investments in associates and joint ventures ⁽¹⁾Total 6,794
Financial assets and cash⁽²⁾	Financial assets and cash ⁽²⁾ France –Generation and Supply 52,134	Financial assets and cash ⁽²⁾ France –Regulated activities 339	Financial assets and cash ⁽²⁾ Framatome 263	Financial assets and cash ⁽²⁾ UnitedKingdom 14,833	Financial assets and cash ⁽²⁾ Italy 400	Financial assets and cash ⁽²⁾ Other international 654	Financial assets and cash ⁽²⁾ EDFRenewables 1,727	Financial assets and cash ⁽²⁾ Dalkia 170	Financial assets and cash ⁽²⁾ Other activities 6,897	Financial assets and cash ⁽²⁾ Inter-segment eliminations -	Financial assets and cash ⁽²⁾Total 77,417
Other segment assets⁽³⁾	Other segment assets ⁽³⁾ France –Generation and Supply 19,901	Other segment assets ⁽³⁾ France –Regulated activities 5,608	Other segment assets ⁽³⁾ Framatome 1,763	Other segment assets ⁽³⁾ UnitedKingdom 4,772	Other segment assets ⁽³⁾ Italy 1,661	Other segment assets ⁽³⁾ Other international 662	Other segment assets ⁽³⁾ EDFRenewables 866	Other segment assets ⁽³⁾ Dalkia 1,919	Other segment assets ⁽³⁾ Other activities 2,574	Other segment assets ⁽³⁾ Inter-segment eliminations -	Other segment assets ⁽³⁾Total 39,726
Assets classified as held for sale	Assets classified as held for sale France –Generation and Supply -	Assets classified as held for sale France –Regulated activities -	Assets classified as held for sale Framatome -	Assets classified as held for sale UnitedKingdom -	Assets classified as held for sale Italy 485	Assets classified as held for sale Other international 1,811	Assets classified as held for sale EDFRenewables -	Assets classified as held for sale Dalkia -	Assets classified as held for sale Other activities -	Assets classified as held for sale Inter-segment eliminations -	Assets classified as held for sale Total 2,296
TOTAL ASSETS	TOTAL ASSETS France –Generation and Supply 135,776	TOTAL ASSETS France –Regulated activities 71,553	TOTAL ASSETS Framatome 6,026	TOTAL ASSETS UnitedKingdom 47,830	TOTAL ASSETS Italy 8,086	TOTAL ASSETS Other international 7,282	TOTAL ASSETS EDFRenewables 13,755	TOTAL ASSETS Dalkia 4,991	TOTAL ASSETS Other activities 10,592	TOTAL ASSETS Inter-segment eliminations -	TOTAL ASSETSTotal 305,891
Other information:	Other information: France –Generation and Supply	Other information: France –Regulated activities	Other information: Framatome	Other information: UnitedKingdom	Other information: Italy	Other information: Other international	Other information: EDFRenewables	Other information: Dalkia	Other information: Other activities	Other information: Inter-segment eliminations	Other information:Total
Net depreciation and amortisation⁽⁴⁾	Net depreciation and amortisation ⁽⁴⁾ France –Generation and Supply (4,613)	Net depreciation and amortisation ⁽⁴⁾ France –Regulated activities (3,314)	Net depreciation and amortisation ⁽⁴⁾ Framatome (276)	Net depreciation and amortisation ⁽⁴⁾ UnitedKingdom (1,122)	Net depreciation and amortisation ⁽⁴⁾ Italy (417)	Net depreciation and amortisation ⁽⁴⁾ Other international (284)	Net depreciation and amortisation ⁽⁴⁾ EDFRenewables (458)	Net depreciation and amortisation ⁽⁴⁾ Dalkia (278)	Net depreciation and amortisation ⁽⁴⁾ Other activities (76)	Net depreciation and amortisation ⁽⁴⁾ Inter-segment eliminations -	Net depreciation and amortisation ⁽⁴⁾Total (10,838)
Impairment	Impairment France –Generation and Supply (16)	Impairment France –Regulated activities -	Impairment Framatome -	Impairment UnitedKingdom (638)	Impairment Italy (74)	Impairment Other international -	Impairment EDFRenewables (36)	Impairment Dalkia (34)	Impairment Other activities (1)	Impairment Inter-segment eliminations -	Impairment Total (799)
Equity (non-controlling interests)	Equity (non-controlling interests) France –Generation and Supply 118	Equity (non-controlling interests) France –Regulated activities 38	Equity (non-controlling interests) Framatome 115	Equity (non-controlling interests) UnitedKingdom 7,090	Equity (non-controlling interests) Italy 178	Equity (non-controlling interests) Other international 423	Equity (non-controlling interests) EDFRenewables 828	Equity (non-controlling interests) Dalkia 284	Equity (non-controlling interests) Other activities 519	Equity (non-controlling interests) Inter-segment eliminations -	Equity (non-controlling interests) Total 9,593
Investments in intangible assets and property, plant and equipment	Investments in intangible assets and property, plant and equipment France –Generation and Supply 5,503	Investments in intangible assets and property, plant and equipment France –Regulated activities 4,187	Investments in intangible assets and property, plant and equipment Framatome 215	Investments in intangible assets and property, plant and equipment UnitedKingdom 3,485	Investments in intangible assets and property, plant and equipment Italy 492	Investments in intangible assets and property, plant and equipment Other international 191	Investments in intangible assets and property, plant and equipment EDFRenewables 1,650	Investments in intangible assets and property, plant and equipment Dalkia 257	Investments in intangible assets and property, plant and equipment Other activities 27	Investments in intangible assets and property, plant and equipment Inter-segment eliminations -	Investments in intangible assets and property, plant and equipment Total 16,007
Loans and other financial liabilities	Loans and other financial liabilities France –Generation and Supply 67,534	Loans and other financial liabilities France –Regulated activities 2,335	Loans and other financial liabilities Framatome 288	Loans and other financial liabilities UnitedKingdom 5,311	Loans and other financial liabilities Italy 1,737	Loans and other financial liabilities Other international 11,564	Loans and other financial liabilities EDFRenewables 6,537	Loans and other financial liabilities Dalkia 1,695	Loans and other financial liabilities Other activities 264	Loans and other financial liabilities Inter-segment eliminations (31,674)	Loans and other financial liabilities Total 65,591
external liabilities	external liabilities France –Generation and Supply 60,181	external liabilities France –Regulated activities 761	external liabilities Framatome 198	external liabilities UnitedKingdom 225	external liabilities Italy 823	external liabilities Other international 96	external liabilities EDFRenewables 2,792	external liabilities Dalkia 312	external liabilities Other activities 203	external liabilities Inter-segment eliminations -	external liabilities Total 65,591
inter segment liabilities⁽⁶⁾	inter segment liabilities⁽⁶⁾ France –Generation and Supply 7,353	inter segment liabilities⁽⁶⁾ France –Regulated activities 1,574	inter segment liabilities⁽⁶⁾ Framatome 90	inter segment liabilities⁽⁶⁾ UnitedKingdom 5,087	inter segment liabilities⁽⁶⁾ Italy 913	inter segment liabilities⁽⁶⁾ Other international 11,468	inter segment liabilities⁽⁶⁾ EDFRenewables 3,747	inter segment liabilities⁽⁶⁾ Dalkia 1,380	inter segment liabilities⁽⁶⁾ Other activities 62	inter segment liabilities⁽⁶⁾ Inter-segment eliminations (31,674)	inter segment liabilities⁽⁶⁾ Total -

(1)At 31 December 2020, investments in associates and joint ventures include 50.1% of CTE (the joint venture holding RTE’s shares) which is part of the France – Generation and Supply segment.

(2)Financial assets and cash mainly comprise dedicated assets amounting to €28,398 million in the France – Generation and Supply segment (see note 18.1.2) and the NLF receivable (see note 18.1.3) amounting to €13,034 million in the United Kingdom segment.

(3)Other segment assets include inventories, trade receivables, other receivables and tax assets. By convention, the CSPE receivable is totally allocated to the France-Regulated Activities segment, in the amount of €1,993 million (see note 13.3.4).

(4)Including net increases in provisions for renewal of property, plant and equipment operated under concessions.

(5)Sales by the “Other activities” segment include the €912 million trading margin realised by EDF Trading.

(6)The amount of intersegment liabilities corresponds to the Group’s centralised cash management (cash pooling by EDF SA, included in the France – Generation and Supply segment) and financing of controlled subsidiaries, particularly EDF International (Other international segment) and EDF Energy (United Kingdom segment).

Universal Registration Document 2020

6. Financial statements

4.1.1 At 31 December 2020