The following table provides a reconciliation between the net investments reported in the 2021 Operating and Financial Review (see note 5.1.4) and the Taxonomy CAPEXT:
| (in millions of euros) | 2021 |
|---|---|
| Net investments | Net investments202115,725 |
| Deduction of items excluded from the definition of Taxonomy | Deduction of items excluded from the definition of Taxonomy2021(2,024) |
| Change in payables on acquisition of fixed assets | Change in payables on acquisition of fixed assets 2021(143) |
| Investment grants | Investment grants 2021(536) |
| Other of which effects of deconsolidation | Other of which effects of deconsolidation 2021(1,345) |
| Items to be included in CapexT as defined in the Taxonomy | Items to be included in CapexT as defined in the Taxonomy20211,011 |
| Of which increase in user fees (leases) | Of which increase in user fees (leases) 2021789 |
| Effect of changes in the scope of consolidation | Effect of changes in the scope of consolidation 2021222 |
| CAPEXT | CAPEXT202118,760 |
Supporting assets such as IT systems have been considered aligned when they relate to entities whose overall activities have been classified as aligned. For entities with a complex allocation of support functions between aligned and non-aligned activities, support assets are classified as non-aligned. It should be noted that the eligibility analysis follows an identical methodology by analogy.
| Economic activities | CAPEX (in millions of euros) | CAPEX Ratio |
|---|---|---|
| A.1 Aligned activities | A.1 Aligned activitiesCAPEX (in millions of euros)
|
A.1 Aligned activitiesCAPEX Ratio
|
| Electricity distribution (1) | Electricity distribution (1)CAPEX (in millions of euros)4,636 |
Electricity distribution (1)CAPEX Ratio25% |
| Renewable energies (2) | Renewable energies (2)CAPEX (in millions of euros)2,007 |
Renewable energies (2)CAPEX Ratio11% |
| Electricity production by hydropower (3) | Electricity production by hydropower (3)CAPEX (in millions of euros)296 |
Electricity production by hydropower (3)CAPEX Ratio1% |
| Others (4) | Others (4)CAPEX (in millions of euros)532 |
Others (4)CAPEX Ratio3% |
| Total aligned activities | Total aligned activitiesCAPEX (in millions of euros)7,471 | Total aligned activitiesCAPEX Ratio40% |
| A.2. Eligible non-aligned activities | A.2. Eligible non-aligned activitiesCAPEX (in millions of euros)
|
A.2. Eligible non-aligned activitiesCAPEX Ratio
|
| Acquisition and ownership of buildings and other | Acquisition and ownership of buildings and other CAPEX (in millions of euros)482 |
Acquisition and ownership of buildings and other CAPEX Ratio3% |
| Total eligible-non-aligned activities | Total eligible-non-aligned activitiesCAPEX (in millions of euros) 482 |
Total eligible-non-aligned activitiesCAPEX Ratio 3% |
| Economic activitiesTotal eligible activities | CAPEX (in millions of euros)7,953 | CAPEX Ratio43% |
| B. Non-eligible activities | B. Non-eligible activitiesCAPEX (in millions of euros)
|
B. Non-eligible activitiesCAPEX Ratio
|
| Nuclear power generation activity | Nuclear power generation activity CAPEX (in millions of euros)9,078 |
Nuclear power generation activity CAPEX Ratio48% |
| Other non-eligible activities | Other non-eligible activities CAPEX (in millions of euros)1,729 |
Other non-eligible activities CAPEX Ratio9% |
| Economic activitiesTotal non-eligible activities | CAPEX (in millions of euros)10,807 | CAPEX Ratio57% |
| TOTAL DES CAPEXT | TOTAL DES CAPEXTCAPEX (in millions of euros)18,760 | TOTAL DES CAPEXTCAPEX Ratio
|
(1) This activity corresponds to activity 4.9. Transmission and distribution of electricity as described in the annexes to the Delegated Acts.
(2) This activity includes activities 4.3. Electricity generation from wind power, 4.1. Electricity generation using solar photovoltaic technology and 4.10. Storage of electricity as described in the annexes to the Delegated Acts.
(3) This activity corresponds to activity 4.5. Electricity generation from hydropower as described in the annexes to the Delegated Acts.
(4) Other activities include activities 4.15. Heating/cooling networks and 4.20. Cogeneration of heat/cold and power from bioenergy as well as the activities 9.3. Professional services related to the energy performance of buildings and 7.3. Installation, maintenance and repair of energy efficiency equipment as described in the annexes to the Delegated Acts.
