(in millions of euros) | Gross book value of shares owned | Impairment recorded at 31/12/2020 | % capital owned | Equity 2019 | Net income 2019 | Dividends received in 2020 |
|---|---|---|---|---|---|---|
I. Subsidiaries | I. Subsidiaries Gross book value of shares owned
| I. Subsidiaries Impairment recorded at 31/12/2020
| I. Subsidiaries % capital owned
| I. Subsidiaries Equity 2019
| I. Subsidiaries Net income 2019
| I. Subsidiaries Dividends received in 2020
|
Total I Carried forward | Total I Carried forward Gross book value of shares owned 59,812 | Total I Carried forward Impairment recorded at 31/12/2020 577 | Total I Carried forward % capital owned
| Total I Carried forward Equity 2019
| Total I Carried forward Net income 2019
| Total I Carried forward Dividends received in 2020 1,775 |
II Investments | II Investments Gross book value of shares owned
| II Investments Impairment recorded at 31/12/2020
| II Investments % capital owned
| II Investments Equity 2019
| II Investments Net income 2019
| II Investments Dividends received in 2020
|
II.1 Companies in which EDF has an interest of between 10% and 50%: | II.1 Companies in which EDF has an interest of between 10% and 50%: Gross book value of shares owned
| II.1 Companies in which EDF has an interest of between 10% and 50%: Impairment recorded at 31/12/2020
| II.1 Companies in which EDF has an interest of between 10% and 50%: % capital owned
| II.1 Companies in which EDF has an interest of between 10% and 50%: Equity 2019
| II.1 Companies in which EDF has an interest of between 10% and 50%: Net income 2019
| II.1 Companies in which EDF has an interest of between 10% and 50%: Dividends received in 2020
|
|
Gross book value of shares owned
|
Impairment recorded at 31/12/2020
|
% capital owned
|
Equity 2019
|
Net income 2019
|
Dividends received in 2020
|
France | France Gross book value of shares owned
| France Impairment recorded at 31/12/2020
| France % capital owned
| France Equity 2019
| France Net income 2019
| France Dividends received in 2020
|
Trimet France | Trimet France Gross book value of shares owned 130 | Trimet France Impairment recorded at 31/12/2020 3,579 | Trimet France % capital owned 35 | Trimet France Equity 2019 261 | Trimet France Net income 2019 4 | Trimet France Dividends received in 2020 - |
Dalkia Investissements | Dalkia Investissements Gross book value of shares owned 63 | Dalkia Investissements Impairment recorded at 31/12/2020 56 | Dalkia Investissements % capital owned 49.9 | Dalkia Investissements Equity 2019 15 | Dalkia Investissements Net income 2019 2 | Dalkia Investissements Dividends received in 2020 - |
Total II.1 | Total II.1 Gross book value of shares owned 193 | Total II.1 Impairment recorded at 31/12/2020 135 | Total II.1 % capital owned
| Total II.1 Equity 2019
| Total II.1 Net income 2019
| Total II.1 Dividends received in 2020 - |
II.2 Companies in which EDF has an interest of less than 10%: | II.2 Companies in which EDF has an interest of less than 10%: Gross book value of shares owned
| II.2 Companies in which EDF has an interest of less than 10%: Impairment recorded at 31/12/2020
| II.2 Companies in which EDF has an interest of less than 10%: % capital owned
| II.2 Companies in which EDF has an interest of less than 10%: Equity 2019
| II.2 Companies in which EDF has an interest of less than 10%: Net income 2019
| II.2 Companies in which EDF has an interest of less than 10%: Dividends received in 2020
|
Other companies | Other companies Gross book value of shares owned - | Other companies Impairment recorded at 31/12/2020 - | Other companies % capital owned - | Other companies Equity 2019 - | Other companies Net income 2019 - | Other companies Dividends received in 2020 - |
Other countries Forces Motrices de Mauvoisin | Other countries Forces Motrices de Mauvoisin Gross book value of shares owned 1 | Other countries Forces Motrices de Mauvoisin Impairment recorded at 31/12/2020 - | Other countries Forces Motrices de Mauvoisin % capital owned 10 | Other countries Forces Motrices de Mauvoisin Equity 2019 111 | Other countries Forces Motrices de Mauvoisin Net income 2019 5 | Other countries Forces Motrices de Mauvoisin Dividends received in 2020 n.a. |
Total II.2 | Total II.2 Gross book value of shares owned 1 | Total II.2 Impairment recorded at 31/12/2020 - | Total II.2 % capital owned
| Total II.2 Equity 2019
| Total II.2 Net income 2019
| Total II.2 Dividends received in 2020 - |
Total II | Total II Gross book value of shares owned 194 | Total II Impairment recorded at 31/12/2020 135 | Total II % capital owned
| Total II Equity 2019
| Total II Net income 2019
| Total II Dividends received in 2020
|
Total subsidiaries and investments, gross | Total subsidiaries and investments, gross Gross book value of shares owned 60,006 | Total subsidiaries and investments, gross Impairment recorded at 31/12/2020 712 | Total subsidiaries and investments, gross % capital owned
| Total subsidiaries and investments, gross Equity 2019
| Total subsidiaries and investments, gross Net income 2019
| Total subsidiaries and investments, gross Dividends received in 2020 1,775 |
TOTAL SUBSIDIARIES AND INVESTMENTS, NET | TOTAL SUBSIDIARIES AND INVESTMENTS, NET Gross book value of shares owned 59,294 | TOTAL SUBSIDIARIES AND INVESTMENTS, NET Impairment recorded at 31/12/2020
| TOTAL SUBSIDIARIES AND INVESTMENTS, NET % capital owned
| TOTAL SUBSIDIARIES AND INVESTMENTS, NET Equity 2019
| TOTAL SUBSIDIARIES AND INVESTMENTS, NET Net income 2019
| TOTAL SUBSIDIARIES AND INVESTMENTS, NET Dividends received in 2020
|
n.a.: not applicable (less than €500,000).
At start of year | At year-end | |||||
|---|---|---|---|---|---|---|
(in millions of euros) | Gross book value | Net book value | Fair value | Gross book value | Net book value | Fair value |
VALUE OF INVESTMENT SECURITIES | VALUE OF INVESTMENT SECURITIES At start of year 22,350 | VALUE OF INVESTMENT SECURITIES At year-end 22,246 | 24,816 | 24,347 | 24,195 | 27,148 |
At 31 December 2020, the net value of the investment securities portfolio comprises€24,195 million of dedicated assets.
On 29 July 2020 the Company’s Board of Directors decided to cancel 3,697,507 treasury shares reserved for this objective, with effect from 30 September 2020, allocating the difference between the repurchase value and nominal value of the cancelled shares to equity.
This decision follows introduction of the Company’s share repurchase programme authorised by the General Shareholders’ Meeting of 16 May 2019 for a duration of 18 months. A liquidity contract exists for this programme, as required by the French market regulator AMF in decision AMF 2018-01 of 2 July 2018.
The Chairman and CEO, acting by delegation of the Board of Directors, decided on 23 December 2019 to proceed under the share repurchase programme authorised by the General Shareholders’ Meeting to reassignment of 3,646,913 EDF shares initially assigned to the liquidity contract, and 50,594 shares assigned to an Employee-reserved Offering of 2007, which is now an obsolete purpose. A total of 3,697,507 shares were thus assigned to the objective of a capital reduction by cancellation of those shares.
This operation resulted in cancellation of 3,646,913 shares included in investment securities, for the amount of €36 million, and 50,594 shares included in marketable securities (see note 21), for the amount of €2 million, giving a total cancellation of €38 million, charged to the Company’s equity (see note 24).
31/12/2019 | Change in 2020* | 31/12/2020 | |||||
|---|---|---|---|---|---|---|---|
(in millions of euros) | Gross value | Impairment | Net value | Gross value | Impairment | Net value | |
TREASURY SHARES | TREASURY SHARES 31/12/2019 61 | TREASURY SHARES Change in 2020* (14) | TREASURY SHARES 31/12/2020 47 | (37) | 10 | - | 10 |
* Including €(36) million relating to the treasury share cancellation described above.
At 31 December 2020, a total 830,000 treasury shares are included in “investment securities” at the net value of €10 million.
