Universal Registration Document 2021

4.1.2 At 31 December 2020

(in millions of euros)	France – Generation and Supply	France – Regulated activities	Framatome	United Kingdom	Italy	Other international	EDF Renewables	Dalkia	Other activities ⁽⁵⁾	Inter-segment eliminations	Total
Income statement:
External sales	External sales France – Generation and Supply 27,112	External sales France – Regulated activities 16,178	External sales Framatome 1,900	External sales United Kingdom 9,041	External sales Italy 5,937	External sales Other international 2,242	External sales EDF Renewables 1,069	External sales Dalkia 3,729	External sales Other activities ⁽⁵⁾ 1,823	External sales Inter-segment eliminations -	External sales Total69,031
Inter-segment sales	Inter-segment sales France – Generation and Supply 1,249	Inter-segment sales France – Regulated activities 50	Inter-segment sales Framatome 1,395	Inter-segment sales United Kingdom -	Inter-segment sales Italy 30	Inter-segment sales Other international 178	Inter-segment sales EDF Renewables 513	Inter-segment sales Dalkia 483	Inter-segment sales Other activities ⁽⁵⁾ 304	Inter-segment sales Inter-segment eliminations (4,202)	Inter-segment sales Total-
TOTAL SALES	TOTAL SALESFrance – Generation and Supply28,361	TOTAL SALESFrance – Regulated activities16,228	TOTAL SALESFramatome3,295	TOTAL SALESUnited Kingdom9,041	TOTAL SALESItaly5,967	TOTAL SALESOther international2,420	TOTAL SALESEDF Renewables1,582	TOTAL SALESDalkia4,212	TOTAL SALESOther activities ⁽⁵⁾2,127	TOTAL SALESInter-segment eliminations(4,202)	TOTAL SALESTotal69,031
OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATION	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONFrance – Generation and Supply7,412	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONFrance – Regulated activities5,206	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONFramatome534	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONUnited Kingdom823	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONItaly683	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONOther international380	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONEDF Renewables848	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONDalkia290	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONOther activities ⁽⁵⁾261	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONInter-segment eliminations(263)	OPERATING PROFIT BEFORE DEPRECIATION AND AMORTISATIONTotal16,174
OPERATING PROFIT	OPERATING PROFITFrance – Generation and Supply2,270	OPERATING PROFITFrance – Regulated activities1,893	OPERATING PROFITFramatome269	OPERATING PROFITUnited Kingdom(947)	OPERATING PROFITItaly134	OPERATING PROFITOther international98	OPERATING PROFITEDF Renewables354	OPERATING PROFITDalkia(32)	OPERATING PROFITOther activities ⁽⁵⁾99	OPERATING PROFITInter-segment eliminations(263)	OPERATING PROFITTotal3,875
Balance sheet:
Goodwill	GoodwillFrance – Generation and Supply 109	GoodwillFrance – Regulated activities 223	GoodwillFramatome 1,332	GoodwillUnited Kingdom 7,569	GoodwillItaly 98	GoodwillOther international 37	GoodwillEDF Renewables 183	GoodwillDalkia 572	GoodwillOther activities ⁽⁵⁾ 142	GoodwillInter-segment eliminations -	GoodwillTotal10,265
Intangible assets and property, plant and equipment	Intangible assets and property, plant and equipment France – Generation and Supply 60,773	Intangible assets and property, plant and equipment France – Regulated activities 65,383	Intangible assets and property, plant and equipment Framatome 2,603	Intangible assets and property, plant and equipment United Kingdom 20,537	Intangible assets and property, plant and equipment Italy 5,286	Intangible assets and property, plant and equipment Other international 2,127	Intangible assets and property, plant and equipment EDF Renewables 9,782	Intangible assets and property, plant and equipment Dalkia 2,255	Intangible assets and property, plant and equipment Other activities ⁽⁵⁾ 647	Intangible assets and property, plant and equipment Inter-segment eliminations -	Intangible assets and property, plant and equipment Total 169,393
Investments in associates and joint ventures ⁽¹⁾	Investments in associates and joint ventures ⁽¹⁾France – Generation and Supply 2,859	Investments in associates and joint ventures ⁽¹⁾France – Regulated activities -	Investments in associates and joint ventures ⁽¹⁾Framatome 65	Investments in associates and joint ventures ⁽¹⁾United Kingdom 119	Investments in associates and joint ventures ⁽¹⁾Italy 156	Investments in associates and joint ventures ⁽¹⁾Other international 1,991	Investments in associates and joint ventures ⁽¹⁾EDF Renewables 1,197	Investments in associates and joint ventures ⁽¹⁾Dalkia 75	Investments in associates and joint ventures ⁽¹⁾Other activities ⁽⁵⁾ 332	Investments in associates and joint ventures ⁽¹⁾Inter-segment eliminations -	Investments in associates and joint ventures ⁽¹⁾Total6,794
Financial assets and cash ⁽²⁾	Financial assets and cash ⁽²⁾France – Generation and Supply 52,134	Financial assets and cash ⁽²⁾France – Regulated activities 339	Financial assets and cash ⁽²⁾Framatome 263	Financial assets and cash ⁽²⁾United Kingdom 14,833	Financial assets and cash ⁽²⁾Italy 400	Financial assets and cash ⁽²⁾Other international 654	Financial assets and cash ⁽²⁾EDF Renewables 1,727	Financial assets and cash ⁽²⁾Dalkia 170	Financial assets and cash ⁽²⁾Other activities ⁽⁵⁾ 6,897	Financial assets and cash ⁽²⁾Inter-segment eliminations -	Financial assets and cash ⁽²⁾Total77,417
Other segment assets ⁽³⁾	Other segment assets ⁽³⁾France – Generation and Supply 19,901	Other segment assets ⁽³⁾France – Regulated activities 5,608	Other segment assets ⁽³⁾Framatome 1,763	Other segment assets ⁽³⁾United Kingdom 4,772	Other segment assets ⁽³⁾Italy 1,661	Other segment assets ⁽³⁾Other international 662	Other segment assets ⁽³⁾EDF Renewables 866	Other segment assets ⁽³⁾Dalkia 1,919	Other segment assets ⁽³⁾Other activities ⁽⁵⁾ 2,574	Other segment assets ⁽³⁾Inter-segment eliminations -	Other segment assets ⁽³⁾Total39,726
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 485	Assets classified as held for sale Other international 1,811	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 Inter-segment eliminations -	Assets classified as held for sale Total2,296
TOTAL ASSETS	TOTAL ASSETSFrance – Generation and Supply135,776	TOTAL ASSETSFrance – Regulated activities71,553	TOTAL ASSETSFramatome6,026	TOTAL ASSETSUnited Kingdom47,830	TOTAL ASSETSItaly8,086	TOTAL ASSETSOther international7,282	TOTAL ASSETSEDF Renewables13,755	TOTAL ASSETSDalkia4,991	TOTAL ASSETSOther activities ⁽⁵⁾10,592	TOTAL ASSETSInter-segment eliminations-	TOTAL ASSETSTotal305,891
Other information:
Net depreciation and amortisation ⁽⁴⁾	Net depreciation and amortisation ⁽⁴⁾France – Generation and Supply (4,613)	Net depreciation and amortisation ⁽⁴⁾France – Regulated activities (3,314)	Net depreciation and amortisation ⁽⁴⁾Framatome (276)	Net depreciation and amortisation ⁽⁴⁾United Kingdom (1,122)	Net depreciation and amortisation ⁽⁴⁾Italy (417)	Net depreciation and amortisation ⁽⁴⁾Other international (284)	Net depreciation and amortisation ⁽⁴⁾EDF Renewables (458)	Net depreciation and amortisation ⁽⁴⁾Dalkia (278)	Net depreciation and amortisation ⁽⁴⁾Other activities ⁽⁵⁾ (76)	Net depreciation and amortisation ⁽⁴⁾Inter-segment eliminations -	Net depreciation and amortisation ⁽⁴⁾Total(10,838)
Impairment	Impairment France – Generation and Supply (16)	Impairment France – Regulated activities -	Impairment Framatome -	Impairment United Kingdom (638)	Impairment Italy (74)	Impairment Other international -	Impairment EDF Renewables (36)	Impairment Dalkia (34)	Impairment Other activities ⁽⁵⁾ (1)	Impairment Inter-segment eliminations -	Impairment Total(799)
Equity (non-controlling interests)	Equity ( non-controlling interests) France – Generation and Supply 118	Equity ( non-controlling interests) France – Regulated activities 38	Equity ( non-controlling interests) Framatome 115	Equity ( non-controlling interests) United Kingdom 7,090	Equity ( non-controlling interests) Italy 178	Equity ( non-controlling interests) Other international 423	Equity ( non-controlling interests) EDF Renewables 828	Equity ( non-controlling interests) Dalkia 284	Equity ( non-controlling interests) Other activities ⁽⁵⁾ 519	Equity ( non-controlling interests) Inter-segment eliminations -	Equity ( non-controlling interests) Total9,593
Investments in intangible assets and property, plant and equipment	Investments in intangible assets and property, plant and equipment France – Generation and Supply 5,503	Investments in intangible assets and property, plant and equipment France – Regulated activities 4,187	Investments in intangible assets and property, plant and equipment Framatome 215	Investments in intangible assets and property, plant and equipment United Kingdom 3,485	Investments in intangible assets and property, plant and equipment Italy 492	Investments in intangible assets and property, plant and equipment Other international 191	Investments in intangible assets and property, plant and equipment EDF Renewables 1,650	Investments in intangible assets and property, plant and equipment Dalkia 257	Investments in intangible assets and property, plant and equipment Other activities ⁽⁵⁾ 27	Investments in intangible assets and property, plant and equipment Inter-segment eliminations -	Investments in intangible assets and property, plant and equipment Total16,007
Loans and other financial liabilities	Loans and other financial liabilities France – Generation and Supply 67,534	Loans and other financial liabilities France – Regulated activities 2,335	Loans and other financial liabilities Framatome 288	Loans and other financial liabilities United Kingdom 5,311	Loans and other financial liabilities Italy 1,737	Loans and other financial liabilities Other international 11,564	Loans and other financial liabilities EDF Renewables 6,537	Loans and other financial liabilities Dalkia 1,695	Loans and other financial liabilities Other activities ⁽⁵⁾ 264	Loans and other financial liabilities Inter-segment eliminations (31,674)	Loans and other financial liabilities Total65,591
external liabilities	external liabilities France – Generation and Supply60,181	external liabilities France – Regulated activities761	external liabilities Framatome198	external liabilities United Kingdom225	external liabilities Italy823	external liabilities Other international96	external liabilities EDF Renewables2,792	external liabilities Dalkia312	external liabilities Other activities ⁽⁵⁾203	external liabilities Inter-segment eliminations-	external liabilities Total65,591
intersegment liabilities ⁽⁶⁾	intersegment liabilities ⁽⁶⁾ France – Generation and Supply7,353	intersegment liabilities ⁽⁶⁾ France – Regulated activities1,574	intersegment liabilities ⁽⁶⁾ Framatome90	intersegment liabilities ⁽⁶⁾ United Kingdom5,087	intersegment liabilities ⁽⁶⁾ Italy913	intersegment liabilities ⁽⁶⁾ Other international11,468	intersegment liabilities ⁽⁶⁾ EDF Renewables3,747	intersegment liabilities ⁽⁶⁾ Dalkia1,380	intersegment liabilities ⁽⁶⁾ Other activities ⁽⁵⁾62	intersegment liabilities ⁽⁶⁾ Inter-segment eliminations(31,674)	intersegment liabilities ⁽⁶⁾ Total-

(1) At 31 December 2020, 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 €28,398 million in the France – Generation and Supply segment (see note 18.1.2) and the NLF receivable (see note 18.1.3) amounting to €13,034 million in the United Kingdom segment.

(3) Other segment assets include inventories, trade receivables, other receivables and tax assets. By convention, the CSPE receivable is totally allocated to the France – Regulated Activities segment, in the amount of €1,993 million (see note 13.3.4).

(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 €912 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) and EDF Energy (United Kingdom segment).

Universal Registration Document 2021

6. Financial statements

4.1.2 At 31 December 2020