Universal Registration Document 2021

4.1.1 At 31 December 2021

(in millions of euros)	France – Generation and Supply	France – Regulated activities	Framatome	United Kingdom	Italy	Other international	EDF Renewables	Dalkia	Other activities⁽⁵⁾	Intersegment eliminations	Total
Income statement:											Income statement:France – Generation and Supply
External sales	External sales France – Generation and Supply 31,532	External sales France – Regulated activities 17,483	External sales Framatome 1,862	External sales United Kingdom 10,103	External sales Italy11,166	External sales Other international 3,148	External sales EDF Renewables 1,203	External sales Dalkia 4,503	External sales Other activities⁽⁵⁾ 3,461	External sales Intersegment eliminations -	External sales Total84,461
Inter-segment sales	Inter-segment sales France – Generation and Supply 1,650	Inter-segment sales France – Regulated activities 81	Inter-segment sales Framatome 1,500	Inter-segment sales United Kingdom 11	Inter-segment sales Italy 46	Inter-segment sales Other international 205	Inter-segment sales EDF Renewables 564	Inter-segment sales Dalkia 693	Inter-segment sales Other activities⁽⁵⁾ 444	Inter-segment sales Intersegment eliminations (5,194)	Inter-segment sales Total -
TOTAL SALES	TOTAL SALESFrance – Generation and Supply 33,182	TOTAL SALESFrance – Regulated activities 17,564	TOTAL SALESFramatome 3,362	TOTAL SALESUnited Kingdom 10,114	TOTAL SALESItaly 11,212	TOTAL SALESOther international 3,353	TOTAL SALESEDF Renewables 1,767	TOTAL SALESDalkia 5,196	TOTAL SALESOther activities⁽⁵⁾ 3,905	TOTAL SALESIntersegment eliminations (5,194)	TOTAL SALESTotal 84,461
OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONFrance – Generation and Supply 7,394	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONFrance – Regulated activities 5,992	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONFramatome 584	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONUnited Kingdom (21)	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONItaly 1,046	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONOther international 267	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONEDF Renewables 815	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONDalkia 378	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONOther activities⁽⁵⁾ 1,824	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONIntersegment eliminations (274)	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONTotal 18,005
OPERATING PROFIT	OPERATING PROFITFrance – Generation and Supply 2,394	OPERATING PROFITFrance – Regulated activities 2,610	OPERATING PROFITFramatome 265	OPERATING PROFITUnited Kingdom (2,016)	OPERATING PROFITItaly 608	OPERATING PROFITOther international (475)	OPERATING PROFITEDF Renewables 241	OPERATING PROFITDalkia 217	OPERATING PROFITOther activities⁽⁵⁾ 1,655	OPERATING PROFITIntersegment eliminations (274)	OPERATING PROFITTotal 5,225
Balance sheet:											Balance sheet:France – Generation and Supply
Goodwill	Goodwill France – Generation and Supply 126	Goodwill France – Regulated activities 223	Goodwill Framatome 1,428	Goodwill United Kingdom 8,095	Goodwill Italy 108	Goodwill Other international 46	Goodwill EDF Renewables 185	Goodwill Dalkia 592	Goodwill Other activities⁽⁵⁾ 142	Goodwill Intersegment eliminations -	Goodwill Total 10,945
Intangible assets and property, plant and equipment	Intangible assets and property, plant and equipment France – Generation and Supply 61,468	Intangible assets and property, plant and equipment France – Regulated activities 67,273	Intangible assets and property, plant and equipment Framatome 2,826	Intangible assets and property, plant and equipment United Kingdom 24,408	Intangible assets and property, plant and equipment Italy 5,744	Intangible assets and property, plant and equipment Other international 2,084	Intangible assets and property, plant and equipment EDF Renewables 10,842	Intangible assets and property, plant and equipment Dalkia 2,248	Intangible assets and property, plant and equipment Other activities⁽⁵⁾ 578	Intangible assets and property, plant and equipment Intersegment eliminations -	Intangible assets and property, plant and equipment Total 177,471
Investments in associates and joint ventures ⁽¹⁾	Investments in associates and joint ventures ⁽¹⁾France – Generation and Supply 3,474	Investments in associates and joint ventures ⁽¹⁾France – Regulated activities -	Investments in associates and joint ventures ⁽¹⁾Framatome 70	Investments in associates and joint ventures ⁽¹⁾United Kingdom 187	Investments in associates and joint ventures ⁽¹⁾Italy 178	Investments in associates and joint ventures ⁽¹⁾Other international 2,071	Investments in associates and joint ventures ⁽¹⁾EDF Renewables 1,453	Investments in associates and joint ventures ⁽¹⁾Dalkia 64	Investments in associates and joint ventures ⁽¹⁾Other activities⁽⁵⁾ 587	Investments in associates and joint ventures ⁽¹⁾Intersegment eliminations -	Investments in associates and joint ventures ⁽¹⁾Total 8,084
Financial assets and cash ⁽²⁾	Financial assets and cash ⁽²⁾France – Generation and Supply 55,415	Financial assets and cash ⁽²⁾France – Regulated activities 420	Financial assets and cash ⁽²⁾Framatome 323	Financial assets and cash ⁽²⁾United Kingdom 18,949	Financial assets and cash ⁽²⁾Italy 1,512	Financial assets and cash ⁽²⁾Other international 697	Financial assets and cash ⁽²⁾EDF Renewables 1,788	Financial assets and cash ⁽²⁾Dalkia 262	Financial assets and cash ⁽²⁾Other activities⁽⁵⁾ 26,099	Financial assets and cash ⁽²⁾Intersegment eliminations -	Financial assets and cash ⁽²⁾Total 105,465
Other segment assets ⁽³⁾	Other segment assets ⁽³⁾France – Generation and Supply 22,024	Other segment assets ⁽³⁾France – Regulated activities 4,204	Other segment assets ⁽³⁾Framatome 1,997	Other segment assets ⁽³⁾United Kingdom 5,240	Other segment assets ⁽³⁾Italy 5,913	Other segment assets ⁽³⁾Other international 1,265	Other segment assets ⁽³⁾EDF Renewables 1,166	Other segment assets ⁽³⁾Dalkia 2,708	Other segment assets ⁽³⁾Other activities⁽⁵⁾ 14,415	Other segment assets ⁽³⁾Intersegment eliminations -	Other segment assets ⁽³⁾Total 58,932
Assets classified as held for sale	Assets classified as held for sale France – Generation and Supply -	Assets classified as held for sale France – Regulated activities -	Assets classified as held for sale Framatome -	Assets classified as held for sale United Kingdom -	Assets classified as held for sale Italy 69	Assets classified as held for sale Other international -	Assets classified as held for sale EDF Renewables -	Assets classified as held for sale Dalkia -	Assets classified as held for sale Other activities⁽⁵⁾ -	Assets classified as held for sale Intersegment eliminations -	Assets classified as held for sale Total 69
TOTAL ASSETS	TOTAL ASSETSFrance – Generation and Supply 142,507	TOTAL ASSETSFrance – Regulated activities 72,120	TOTAL ASSETSFramatome 6,644	TOTAL ASSETSUnited Kingdom 56,879	TOTAL ASSETSItaly 13,524	TOTAL ASSETSOther international 6,163	TOTAL ASSETSEDF Renewables 15,434	TOTAL ASSETSDalkia 5,874	TOTAL ASSETSOther activities⁽⁵⁾ 41,821	TOTAL ASSETSIntersegment eliminations -	TOTAL ASSETSTotal 360,966
Other information:											Other information:France – Generation and Supply
Net depreciation and amortisation ⁽⁴⁾	Net depreciation and amortisation ⁽⁴⁾France – Generation and Supply (4,449)	Net depreciation and amortisation ⁽⁴⁾France – Regulated activities (3,381)	Net depreciation and amortisation ⁽⁴⁾Framatome (291)	Net depreciation and amortisation ⁽⁴⁾United Kingdom (1,071)	Net depreciation and amortisation ⁽⁴⁾Italy (422)	Net depreciation and amortisation ⁽⁴⁾Other international (305)	Net depreciation and amortisation ⁽⁴⁾EDF Renewables (520)	Net depreciation and amortisation ⁽⁴⁾Dalkia (281)	Net depreciation and amortisation ⁽⁴⁾Other activities⁽⁵⁾ (69)	Net depreciation and amortisation ⁽⁴⁾Intersegment eliminations -	Net depreciation and amortisation ⁽⁴⁾Total (10,789)
Impairment	Impairment France – Generation and Supply (24)	Impairment France – Regulated activities -	Impairment Framatome (5)	Impairment United Kingdom (713)	Impairment Italy 149	Impairment Other international -	Impairment EDF Renewables (54)	Impairment Dalkia (5)	Impairment Other activities⁽⁵⁾ (1)	Impairment Intersegment eliminations -	Impairment Total (653)
Equity (non-controlling interests)	Equity (non-controlling interests) France – Generation and Supply 115	Equity (non-controlling interests) France – Regulated activities 43	Equity (non-controlling interests) Framatome 86	Equity (non-controlling interests) United Kingdom 8,899	Equity (non-controlling interests) Italy 552	Equity (non-controlling interests) Other international 407	Equity (non-controlling interests) EDF Renewables 897	Equity (non-controlling interests) Dalkia 258	Equity (non-controlling interests) Other activities⁽⁵⁾ 521	Equity (non-controlling interests) Intersegment eliminations -	Equity (non-controlling interests) Total 11,778
Investments in intangible assets and property, plant and equipment	Investments in intangible assets and property, plant and equipment France – Generation and Supply 5,327	Investments in intangible assets and property, plant and equipment France – Regulated activities 4,784	Investments in intangible assets and property, plant and equipment Framatome 280	Investments in intangible assets and property, plant and equipment United Kingdom 4,325	Investments in intangible assets and property, plant and equipment Italy 592	Investments in intangible assets and property, plant and equipment Other international 129	Investments in intangible assets and property, plant and equipment EDF Renewables 1,849	Investments in intangible assets and property, plant and equipment Dalkia 295	Investments in intangible assets and property, plant and equipment Other activities⁽⁵⁾ 25	Investments in intangible assets and property, plant and equipment Intersegment eliminations -	Investments in intangible assets and property, plant and equipment Total 17,606
Loans and other financial liabilities	Loans and other financial liabilities France – Generation and Supply 71,214	Loans and other financial liabilities France – Regulated activities 3,386	Loans and other financial liabilities Framatome 304	Loans and other financial liabilities United Kingdom 5,417	Loans and other financial liabilities Italy 1,902	Loans and other financial liabilities Other international 13,761	Loans and other financial liabilities EDF Renewables 7,513	Loans and other financial liabilities Dalkia 2,143	Loans and other financial liabilities Other activities⁽⁵⁾ 3,267	Loans and other financial liabilities Intersegment eliminations (39,501)	Loans and other financial liabilities Total 69,406
external liabilities	external liabilities France – Generation and Supply63,378	external liabilities France – Regulated activities820	external liabilities Framatome237	external liabilities United Kingdom201	external liabilities Italy988	external liabilities Other international112	external liabilities EDF Renewables3,165	external liabilities Dalkia303	external liabilities Other activities⁽⁵⁾202	external liabilities Intersegment eliminations-	external liabilities Total69,406
intersegment liabilities ⁽⁶⁾	intersegment liabilities ⁽⁶⁾ France – Generation and Supply7,836	intersegment liabilities ⁽⁶⁾ France – Regulated activities2,566	intersegment liabilities ⁽⁶⁾ Framatome67	intersegment liabilities ⁽⁶⁾ United Kingdom5,216	intersegment liabilities ⁽⁶⁾ Italy914	intersegment liabilities ⁽⁶⁾ Other international13,649	intersegment liabilities ⁽⁶⁾ EDF Renewables4,348	intersegment liabilities ⁽⁶⁾ Dalkia1,840	intersegment liabilities ⁽⁶⁾ Other activities⁽⁵⁾3,065	intersegment liabilities ⁽⁶⁾ Intersegment eliminations(39,501)	intersegment liabilities ⁽⁶⁾ Total-

(1) At 31 December 2021, investments in associates and joint ventures include 50.1% of CTE (the joint venture holding RTE’s shares) which is part of the France – Generation and Supply segment.

(2) Financial assets and cash mainly comprise dedicated assets amounting to €31,013 million in the France – Generation and Supply segment (see note 18.1.2), the NLF receivable (see note 18.1.3) amounting to €15,986 million in the United Kingdom segment and the positive fair value of EDF Trading’s derivatives, amounting to €19,605 million (in “Other activities”).

(3) Other segment assets include inventories, trade receivables, other receivables and tax assets.

(4) Including net increases in provisions for renewal of property, plant and equipment operated under concessions.

(5) Sales by the “Other activities” segment include the €1,518 million trading margin realised by EDF Trading.

(6) The amount of intersegment liabilities corresponds to the Group’s centralised cash management (cash pooling by EDF SA, included in the France – Generation and Supply segment) and financing of controlled subsidiaries, particularly EDF International (Other international segment), EDF Energy (United Kingdom segment) and EDF Trading (in the “Other activities” segment).

Universal Registration Document 2021

6. Financial statements

4.1.1 At 31 December 2021