This note presents off-balance sheet commitments given and received by the Group at 31 December 2020. The amounts of commitments correspond to non-discounted contractual values.
The table below shows off-balance sheet commitments given by the Group that have been valued. Other commitments are described separately in the detailed notes.
(in millions of euros) | Notes | 31/12/2020 | 31/12/2019 |
|---|---|---|---|
| Operating commitments given | Operating commitments given Notes 21.1.1 | Operating commitments given 31/12/202042,235 | Operating commitments given 31/12/2019 41,110 |
| Investment commitments given | Investment commitments given Notes 21.1.2 | Investment commitments given 31/12/202016,494 | Investment commitments given 31/12/2019 18,237 |
| Financing commitments given | Financing commitments given Notes 21.1.3 | Financing commitments given 31/12/20205,536 | Financing commitments given 31/12/2019 6,343 |
| TOTAL COMMITMENTS GIVEN | TOTAL COMMITMENTS GIVEN Notes
| TOTAL COMMITMENTS GIVEN31/12/2020 64,265 | TOTAL COMMITMENTS GIVEN 31/12/2019 65,690 |
In almost all cases, these are reciprocal commitments, and the third parties concerned are under a contractual obligation to supply the Group with assets or services related to operating, investment and financing activities.
Operating commitments given by the Group are as follows:
(in millions of euros) | 31/12/2020 | 31/12/2019 |
|---|---|---|
| Fuel and energy purchase commitments* | Fuel and energy purchase commitments *31/12/202024,715 | Fuel and energy purchase commitments *31/12/2019 25,373 |
| Operating contract performance commitments given | Operating contract performance commitments given 31/12/202017,151 | Operating contract performance commitments given 31/12/2019 15,248 |
| Operating lease commitments as lessee | Operating lease commitments as lessee 31/12/2020369 | Operating lease commitments as lessee 31/12/2019 489 |
| TOTAL OPERATING COMMITMENTS GIVEN | TOTAL OPERATING COMMITMENTS GIVEN31/12/2020 42,235 | TOTAL OPERATING COMMITMENTS GIVEN 31/12/2019 41,110 |
*Excluding gas purchases and related services
In the course of its ordinary generation and supply activities, the Group has entered into long-term contracts for purchases of electricity, gas, other energies and commodities and nuclear fuel, for periods of up to 20 years.
The Group has also entered into long-term purchase contracts with a certain number of electricity producers, by contributing to the financing of power plants.
At 31 December 2020, fuel and energy purchase commitments mature as follows:
| 31/12/2020 | 31/12/2019 | |||||
|---|---|---|---|---|---|---|
| Maturity | ||||||
(in millions of euros) | Total | < 1 year | 1 to 5 years | 5 to 10 years | > 10 years | Total |
| Electricity purchases and related services(1) | Electricity purchases and related services (1)31/12/202010,574 | Electricity purchases and related services (1)31/12/2019 2,562 | 4,123 | 2,121 | 1,768 | 9,999 |
| Other energy and commodity purchases(2) | Other energy and commodity purchases (2)31/12/2020308 | Other energy and commodity purchases (2)31/12/2019 64 | 124 | 120 | - | 281 |
| Nuclear fuel purchases | Nuclear fuel purchases 31/12/202013,833 | Nuclear fuel purchases 31/12/2019 1,610 | 5,870 | 4,374 | 1,979 | 15,093 |
| FUEL AND ENERGY PURCHASE COMMITMENTS | FUEL AND ENERGY PURCHASE COMMITMENTS31/12/2020 24,715 | FUEL AND ENERGY PURCHASE COMMITMENTS 31/12/2019 4,236 | 10,117 | 6,615 | 3,747 | 25,373 |
(1) Including commitments given by controlled entities to joint ventures, amounting to €533 million at 31 December 2020 (€569 million at 31 December 2019).
(2) Excluding gas purchases and related services (see note 21.1.1.1.4).
