Universal Registration Document 2020

Note 31 Provisions for other expenses

		Increases	Decreases
(in millions of euros)	31/12/2019	Operating	Utilisations	Reversals	Other	31/12/2020
Provisions for:	Provisions for:	Provisions for: Increases	Provisions for: Decreases	Provisions for:	Provisions for:
personnel expenses	personnel expenses 84	personnel expenses Increases 54	personnel expenses Decreases (68)	personnel expenses (1)	personnel expenses -	69
replacement of assets operated under concessions	replacement of assets operated under concessions 272	replacement of assets operated under concessions Increases 10	replacement of assets operated under concessions Decreases	replacement of assets operated under concessions (2)	replacement of assets operated under concessions (10)	270
other expenses	other expenses 516	other expenses Increases 696^*	other expenses Decreases (24)	other expenses (1)	other expenses	1,187
PROVISIONS FOR OTHER EXPENSES	PROVISIONS FOR OTHER EXPENSES 872	PROVISIONS FOR OTHER EXPENSES Increases 760	PROVISIONS FOR OTHER EXPENSES Decreases (92)	PROVISIONS FOR OTHER EXPENSES (4)	PROVISIONS FOR OTHER EXPENSES (10)	1,526

* Including a €538 million provision for tax litigation following the Council of State’s decision of 11 December 2020 (see note 14).

Note 32Liabilities

	Maturity
(in millions of euros)	< 1 year	1 - 5 years	> 5 years	Gross value at 31/12/2020	Gross value at 31/12/2019
Liabilities	Liabilities Maturity	Liabilities	Liabilities
Bonds	Bonds Maturity 3,400	Bonds 11,921	Bonds 32,025	47,346	50,572
Borrowings from financial institutions	Borrowings from financial institutions Maturity 349	Borrowings from financial institutions 596	Borrowings from financial institutions 395	1,340	1 289
Other borrowings	Other borrowings Maturity 3,108	Other borrowings 7	Other borrowings 3	3,118	1,845
Other financial liabilities:	Other financial liabilities: Maturity	Other financial liabilities:	Other financial liabilities:
advances on consumption	advances on consumption Maturity 1	advances on consumption 4	advances on consumption 21	26	26
other	other Maturity 1,025	other -	other -	1 025	1,439
Financial liabilities (see Note 33)	Financial liabilities (see Note 33) Maturity 7,883	Financial liabilities (see Note 33) 12,528	Financial liabilities (see Note 33) 32,444	52,855	55,171
Advances and progress payments received⁽¹⁾	Advances and progress payments received⁽¹⁾ Maturity 7,188	Advances and progress payments received⁽¹⁾ -	Advances and progress payments received⁽¹⁾ -	7,188	7,050
Trade payables and related accounts	Trade payables and related accounts Maturity 7,924	Trade payables and related accounts -	Trade payables and related accounts 46	7,970	7,720
Tax and social security liabilities⁽²⁾	Tax and social security liabilities⁽²⁾ Maturity 8,110	Tax and social security liabilities⁽²⁾ -	Tax and social security liabilities⁽²⁾ -	8,110	8,357
Liabilities related to fixed assets and related accounts	Liabilities related to fixed assets and related accounts Maturity 1,938	Liabilities related to fixed assets and related accounts -	Liabilities related to fixed assets and related accounts -	1,938	2 172
Other liabilities⁽³⁾	Other liabilities⁽³⁾ Maturity 16,026	Other liabilities⁽³⁾ 629	Other liabilities⁽³⁾ -	16,655	14,073
Operating, investment and other liabilities	Operating, investment and other liabilities Maturity 33,998	Operating, investment and other liabilities 629	Operating, investment and other liabilities 46	34,673	32,322
Cash instruments	Cash instruments Maturity 2,973	Cash instruments 470	Cash instruments 1,632	5,075	4,387
Deferred income⁽⁴⁾	Deferred income⁽⁴⁾ Maturity 508	Deferred income⁽⁴⁾ 1,071	Deferred income⁽⁴⁾ 1,623	3,202	3,112
TOTAL LIABILITIES	TOTAL LIABILITIES Maturity 52,550	TOTAL LIABILITIES 14,698	TOTAL LIABILITIES 35,745	102,993	102,042

(1) Advances and progress payments received principally include monthly standing order payments by EDF’s residential and business customers, amounting to €6,782 million at 31 December 2020 (€6,719 million at 31 December 2019).

(2) In 2020 this item includes an amount of €1,448 million for the CSPE to be collected by EDF on energy supplied but not yet billed (€1,463 million in 2019).

(3) Mainly the amount of current accounts, cash pooling and underwriting and cash management agreements with subsidiaries.

(4) Deferred income at 31 December 2020 comprises the partner advances made to EDF under nuclear plant financing plans and the associated long-term contracts, amounting to €1,713 million (€1,710 million in 2019). Deferred income on long-term contracts also includes the advance paid to EDF in 2010 under the agreement with the Exeltium consortium. This advance is transferred to the income statement progressively over the term of the contract.Deferred income also includes the initial payment under the Fessenheim compensation protocol.

Universal Registration Document 2020

6. Financial statements

Note 31 Provisions for other expenses

Note 32Liabilities