The movement in provisions for the back-end of the nuclear cycle, provisions for decommissioning and provisions for last cores breaks down as follows:
(in millions of euros) | 31/12/2019 | Increases | Decreases | Discount effect | Translation adjustments | Other movements | 31/12/2020 |
---|---|---|---|---|---|---|---|
Provisions for spent fuel management | Provisions for spent fuel management 31/12/2019 12,326 | Provisions for spent fuel management Increases 639 | Provisions for spent fuel management Decreases (950) | Provisions for spent fuel management Discount effect 660 | Provisions for spent fuel management Translation adjustments (79) | Provisions for spent fuel management Other movements 12 | Provisions for spent fuel management 31/12/2020 12,608 |
Provisions for waste removal and conditioning | Provisions for waste removal and conditioning 31/12/2019 1,337 | Provisions for waste removal and conditioning Increases 9 | Provisions for waste removal and conditioning Decreases (25) | Provisions for waste removal and conditioning Discount effect 56 | Provisions for waste removal and conditioning Translation adjustments (29) | Provisions for waste removal and conditioning Other movements (802) | Provisions for waste removal and conditioning 31/12/2020 546 |
Provisions for long-term radioactive waste management | Provisions for long-term radioactive waste management 31/12/2019 11,591 | Provisions for long-term radioactive waste management Increases 104 | Provisions for long-term radioactive waste management Decreases (221) | Provisions for long-term radioactive waste management Discount effect 1,069 | Provisions for long-term radioactive waste management Translation adjustments (58) | Provisions for long-term radioactive waste management Other movements 1,928 | Provisions for long-term radioactive waste management 31/12/2020 14,413 |
Provisions for the back-end of the nuclear cycle | Provisions for the back-end of the nuclear cycle 31/12/2019 25,254 | Provisions for the back-end of the nuclear cycle Increases 752 | Provisions for the back-end of the nuclear cycle Decreases (1,196) | Provisions for the back-end of the nuclear cycle Discount effect 1,785 | Provisions for the back-end of the nuclear cycle Translation adjustments (166) | Provisions for the back-end of the nuclear cycle Other movements 1,138 | Provisions for the back-end of the nuclear cycle 31/12/2020 27,567 |
Provisions for nuclear plant decommissioning | Provisions for nuclear plant decommissioning 31/12/2019 27,609 | Provisions for nuclear plant decommissioning Increases 133 | Provisions for nuclear plant decommissioning Decreases (230) | Provisions for nuclear plant decommissioning Discount effect 957 | Provisions for nuclear plant decommissioning Translation adjustments (557) | Provisions for nuclear plant decommissioning Other movements 124 | Provisions for nuclear plant decommissioning 31/12/2020 28,036 |
Provisions for last cores | Provisions for last cores 31/12/2019 4,516 | Provisions for last cores Increases - | Provisions for last cores Decreases (99) | Provisions for last cores Discount effect 165 | Provisions for last cores Translation adjustments (106) | Provisions for last cores Other movements 407 | Provisions for last cores 31/12/2020 4,883 |
Provisions for decommissioning and last cores | Provisions for decommissioning and last cores 31/12/2019 32,125 | Provisions for decommissioning and last cores Increases 133 | Provisions for decommissioning and last cores Decreases (329) | Provisions for decommissioning and last cores Discount effect 1,122 | Provisions for decommissioning and last cores Translation adjustments (663) | Provisions for decommissioning and last cores Other movements 531 | Provisions for decommissioning and last cores 31/12/2020 32,919 |
PROVISIONS RELATED TO NUCLEAR GENERATION | PROVISIONS RELATED TO NUCLEAR GENERATION 31/12/2019 57,379 | PROVISIONS RELATED TO NUCLEAR GENERATION Increases 885 | PROVISIONS RELATED TO NUCLEAR GENERATION Decreases (1,525) | PROVISIONS RELATED TO NUCLEAR GENERATION Discount effect 2,907 | PROVISIONS RELATED TO NUCLEAR GENERATION Translation adjustments (829) | PROVISIONS RELATED TO NUCLEAR GENERATION Other movements 1,669 | PROVISIONS RELATED TO NUCLEAR GENERATION 31/12/2020 60,486 |
Current portion | Current portion 31/12/2019 1,796 | Current portion Increases
| Current portion Decreases
| Current portion Discount effect
| Current portion Translation adjustments
| Current portion Other movements
| Current portion 31/12/2020 2,153 |
Non-current portion | Non-current portion 31/12/2019 55,583 | Non-current portion Increases
| Non-current portion Decreases
| Non-current portion Discount effect
| Non-current portion Translation adjustments
| Non-current portion Other movements
| Non-current portion 31/12/2020 58,333 |
The change in provisions related to nuclear generation in 2020 is mainly due to a 20bp decrease in the real discount rate in France and the United Kingdom. The corresponding effects are included in the “Discount effect” (€1,042 million) for provisions adjusted through the income statement, and in “Other movements”(€1,351 million) for changes in provisions backed by assets (assets associated with provisions and underlying assets in France and the United Kingdom; the receivable representing amounts due from the Nuclear Liabilities Fund (NLF) and the British government in the United Kingdom).
Details of the change in provisions related to nuclear generation in 2020 are as follows:
In million of euros
Provisions at 31/12/2019 : 57,379
Increases : +885
Decreases : -1,525
Discount effect : +2,907
Translation adjustments : -829
Other movements : +1,669
Provisions at 31/12/2020 : 60,486