Universal Registration Document 2020

4.1.2 At 31 December 2019

(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 26,658	External sales France –Regulated activities 16,072	External sales Framatome 1,895	External sales UnitedKingdom 9,570	External sales Italy 7,565	External sales Other international 2,507	External sales EDFRenewables 1,043	External sales Dalkia 3,732	External sales Other activities 2,305	External sales Inter-segment eliminations -	External sales Total71,347
Inter-segment sales	Inter-segment sales France –Generation and Supply 1,212	Inter-segment sales France –Regulated activities 15	Inter-segment sales Framatome 1,482	Inter-segment sales UnitedKingdom 4	Inter-segment sales Italy 32	Inter-segment sales Other international 183	Inter-segment sales EDFRenewables 522	Inter-segment sales Dalkia 549	Inter-segment sales Other activities 423	Inter-segment sales Inter-segment eliminations (4,422)	Inter-segment sales Total-
TOTAL SALES	TOTAL SALES France –Generation and Supply 27,870	TOTAL SALES France –Regulated activities 16,087	TOTAL SALES Framatome 3,377	TOTAL SALES UnitedKingdom 9,574	TOTAL SALES Italy 7,597	TOTAL SALES Other international 2,690	TOTAL SALES EDFRenewables 1,565	TOTAL SALES Dalkia 4,281	TOTAL SALES Other activities 2,728	TOTAL SALES Inter-segment eliminations (4,422)	TOTAL SALESTotal71,347
OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION France –Generation and Supply 7,615	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION France –Regulated activities 5,101	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Framatome 527	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION UnitedKingdom 772	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Italy 593	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Other international 339	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION EDFRenewables 1,193	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Dalkia 349	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Other activities 505	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION Inter-segment eliminations (271)	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONTotal16,723
OPERATING PROFIT	OPERATING PROFIT France –Generation and Supply 3,483	OPERATING PROFIT France –Regulated activities 1,892	OPERATING PROFIT Framatome 230	OPERATING PROFIT UnitedKingdom (349)	OPERATING PROFIT Italy 69	OPERATING PROFIT Other international 42	OPERATING PROFIT EDFRenewables 670	OPERATING PROFIT Dalkia (18)	OPERATING PROFIT Other activities 1,009	OPERATING PROFIT Inter-segment eliminations (271)	OPERATING PROFITTotal6,757
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 72	Goodwill France –Regulated activities 223	Goodwill Framatome 1,341	Goodwill UnitedKingdom 7,965	Goodwill Italy 103	Goodwill Other international 33	Goodwill EDFRenewables 199	Goodwill Dalkia 544	Goodwill Other activities 143	Goodwill Inter-segment eliminations -	Goodwill Total10,623
Intangible assets and property, plant and equipment	Intangible assets and property, plant and equipment France –Generation and Supply 58,275	Intangible assets and property, plant and equipment France –Regulated activities 63,499	Intangible assets and property, plant and equipment Framatome 2,591	Intangible assets and property, plant and equipment UnitedKingdom 19,034	Intangible assets and property, plant and equipment Italy 5,410	Intangible assets and property, plant and equipment Other international 2,226	Intangible assets and property, plant and equipment EDFRenewables 9,773	Intangible assets and property, plant and equipment Dalkia 2,288	Intangible assets and property, plant and equipment Other activities 626	Intangible assets and property, plant and equipment Inter-segment eliminations -	Intangible assets and property, plant and equipment Total163,722
Investments in associates and joint ventures⁽¹⁾	Investments in associates and joint ventures ⁽¹⁾ France –Generation and Supply 2,593	Investments in associates and joint ventures ⁽¹⁾ France –Regulated activities -	Investments in associates and joint ventures ⁽¹⁾ Framatome 90	Investments in associates and joint ventures ⁽¹⁾ UnitedKingdom 127	Investments in associates and joint ventures ⁽¹⁾ Italy 104	Investments in associates and joint ventures ⁽¹⁾ Other international 2,058	Investments in associates and joint ventures ⁽¹⁾ EDFRenewables 1,063	Investments in associates and joint ventures ⁽¹⁾ Dalkia 75	Investments in associates and joint ventures ⁽¹⁾ Other activities 304	Investments in associates and joint ventures ⁽¹⁾ Inter-segment eliminations -	Investments in associates and joint ventures ⁽¹⁾Total6,414
Financial assets and cash⁽²⁾	Financial assets and cash ⁽²⁾ France –Generation and Supply 51,246	Financial assets and cash ⁽²⁾ France –Regulated activities 407	Financial assets and cash ⁽²⁾ Framatome 276	Financial assets and cash ⁽²⁾ UnitedKingdom 14,693	Financial assets and cash ⁽²⁾ Italy 485	Financial assets and cash ⁽²⁾ Other international 533	Financial assets and cash ⁽²⁾ EDFRenewables 1,351	Financial assets and cash ⁽²⁾ Dalkia 260	Financial assets and cash ⁽²⁾ Other activities 10,303	Financial assets and cash ⁽²⁾ Inter-segment eliminations -	Financial assets and cash ⁽²⁾Total79,554
Other segment assets⁽³⁾	Other segment assets ⁽³⁾ France –Generation and Supply 18,526	Other segment assets ⁽³⁾ France –Regulated activities 5,233	Other segment assets ⁽³⁾ Framatome 2,132	Other segment assets ⁽³⁾ UnitedKingdom 5,352	Other segment assets ⁽³⁾ Italy 1,678	Other segment assets ⁽³⁾ Other international 790	Other segment assets ⁽³⁾ EDFRenewables 861	Other segment assets ⁽³⁾ Dalkia 2,001	Other segment assets ⁽³⁾ Other activities 2,736	Other segment assets ⁽³⁾ Inter-segment eliminations -	Other segment assets ⁽³⁾Total39,309
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 1,737	Assets classified as held for sale Other international 1,925	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 Total3,662
TOTAL ASSETS	TOTAL ASSETS France –Generation and Supply 130,712	TOTAL ASSETS France –Regulated activities 69,362	TOTAL ASSETS Framatome 6,430	TOTAL ASSETS UnitedKingdom 47,171	TOTAL ASSETS Italy 9,517	TOTAL ASSETS Other international 7,565	TOTAL ASSETS EDFRenewables 13,247	TOTAL ASSETS Dalkia 5,168	TOTAL ASSETS Other activities 14,112	TOTAL ASSETS Inter-segment eliminations -	TOTAL ASSETSTotal303,284
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 (4,047)	Net depreciation and amortisation (4) France –Regulated activities (3,200)	Net depreciation and amortisation (4) Framatome (263)	Net depreciation and amortisation (4) UnitedKingdom (1,009)	Net depreciation and amortisation (4) Italy (427)	Net depreciation and amortisation (4) Other international (269)	Net depreciation and amortisation (4) EDFRenewables (474)	Net depreciation and amortisation (4) Dalkia (259)	Net depreciation and amortisation (4) Other activities (72)	Net depreciation and amortisation (4) Inter-segment eliminations -	Net depreciation and amortisation (4) Total(10,020)
Impairment	Impairment France –Generation and Supply (29)	Impairment France –Regulated activities -	Impairment Framatome (10)	Impairment UnitedKingdom (127)	Impairment Italy (60)	Impairment Other international -	Impairment EDFRenewables (49)	Impairment Dalkia (105)	Impairment Other activities (23)	Impairment Inter-segment eliminations -	Impairment Total(403)
Equity (non-controlling interests)	Equity (non-controlling interests) France –Generation and Supply 117	Equity (non-controlling interests) France –Regulated activities 42	Equity (non-controlling interests) Framatome 163	Equity (non-controlling interests) UnitedKingdom 6,622	Equity (non-controlling interests) Italy 262	Equity (non-controlling interests) Other international 398	Equity (non-controlling interests) EDFRenewables 922	Equity (non-controlling interests) Dalkia 279	Equity (non-controlling interests) Other activities 519	Equity (non-controlling interests) Inter-segment eliminations -	Equity (non-controlling interests) Total9,324
Investments in intangible assets and property, plant and equipment	Investments in intangible assets and property, plant and equipment France –Generation and Supply 6,091	Investments in intangible assets and property, plant and equipment France –Regulated activities 4,610	Investments in intangible assets and property, plant and equipment Framatome 210	Investments in intangible assets and property, plant and equipment UnitedKingdom 3,352	Investments in intangible assets and property, plant and equipment Italy 376	Investments in intangible assets and property, plant and equipment Other international 227	Investments in intangible assets and property, plant and equipment EDFRenewables 1,608	Investments in intangible assets and property, plant and equipment Dalkia 275	Investments in intangible assets and property, plant and equipment Other activities 48	Investments in intangible assets and property, plant and equipment Inter-segment eliminations -	Investments in intangible assets and property, plant and equipment Total16,797
Loans and other financial liabilities	Loans and other financial liabilities France –Generation and Supply 68,192	Loans and other financial liabilities France –Regulated activities 2,002	Loans and other financial liabilities Framatome 342	Loans and other financial liabilities UnitedKingdom 5,323	Loans and other financial liabilities Italy 1,723	Loans and other financial liabilities Other international 8,315	Loans and other financial liabilities EDFRenewables 5,746	Loans and other financial liabilities Dalkia 1,691	Loans and other financial liabilities Other activities 210	Loans and other financial liabilities Inter-segment eliminations (26,164)	Loans and other financial liabilities Total67,380
external liabilities	external liabilities France –Generation and Supply 62,121	external liabilities France –Regulated activities 783	external liabilities Framatome 233	external liabilities UnitedKingdom 224	external liabilities Italy 762	external liabilities Other international 93	external liabilities EDFRenewables 2,695	external liabilities Dalkia 340	external liabilities Other activities 129	external liabilities Inter-segment eliminations -	external liabilities Total67,380
inter segment liabilities⁽⁷⁾	inter segment liabilities⁽⁷⁾ France –Generation and Supply 6,071	inter segment liabilities⁽⁷⁾ France –Regulated activities 1,219	inter segment liabilities⁽⁷⁾ Framatome 109	inter segment liabilities⁽⁷⁾ UnitedKingdom 5,098	inter segment liabilities⁽⁷⁾ Italy 961	inter segment liabilities⁽⁷⁾ Other international 8,221	inter segment liabilities⁽⁷⁾ EDFRenewables 3,052	inter segment liabilities⁽⁷⁾ Dalkia 1,351	inter segment liabilities⁽⁷⁾ Other activities 81	inter segment liabilities⁽⁷⁾ Inter-segment eliminations (26,164)	inter segment liabilities⁽⁷⁾ Total -

(1)At 31 December 2019, 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 €26,018 million in the France – Generation and Supply segment (see note 18.1.2) and the NLF receivable (see note 18.1.3) amounting to €13,303 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 €1,667 million (see note 13.3.4).

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

(5)The published figures for 2019 have been restated due to the impact of the change in the scope of E&P operations (see note 1.4.2).

(6)Sales by the “Other activities” segment include the €1,026 million trading margin realised by EDF Trading.

(7)The amount of intersegment liabilities corresponds to the Group’s central 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

4.1.2 At 31 December 2019