Universal Registration Document 2021

10.4.1 Change in right-of-use assets

(in millions of euros)	31/12/2020	Increases⁽¹⁾	Decreases	Changes in the scope of consolidation	Other movements ⁽²⁾	31/12/2021
Land and buildings	Land and buildings 31/12/2020 4,740	Land and buildings Increases⁽¹⁾ 479	Land and buildings Decreases -	Land and buildings Changes in the scope of consolidation 1	Land and buildings Other movements ⁽²⁾ (68)	Land and buildings 31/12/2021 5,152
(in millions of euros) Other installations, plant, machinery, equipment & other	31/12/2020 993	Increases⁽¹⁾ 285	Decreases -	Changes in the scope of consolidation (89)	Other movements ⁽²⁾ (137)	31/12/2021 1,052
(in millions of euros) Gross value	31/12/20205,733	Increases⁽¹⁾764	Decreases-	Changes in the scope of consolidation(88)	Other movements ⁽²⁾(205)	31/12/20216,204
Land and buildings	Land and buildings 31/12/2020 (1,055)	Land and buildings Increases⁽¹⁾ (566)	Land and buildings Decreases -	Land and buildings Changes in the scope of consolidation 3	Land and buildings Other movements ⁽²⁾ 89	Land and buildings 31/12/2021 (1,529)
Other installations, plant, machinery, equipment & other	Other installations, plant, machinery, equipment & other 31/12/2020 (562)	Other installations, plant, machinery, equipment & other Increases⁽¹⁾ (157)	Other installations, plant, machinery, equipment & other Decreases -	Other installations, plant, machinery, equipment & other Changes in the scope of consolidation 78	Other installations, plant, machinery, equipment & other Other movements ⁽²⁾ 112	Other installations, plant, machinery, equipment & other 31/12/2021 (529)
Depreciation and impairment	Depreciation and impairment31/12/2020(1,617)	Depreciation and impairmentIncreases⁽¹⁾(723)	Depreciation and impairmentDecreases-	Depreciation and impairmentChanges in the scope of consolidation81	Depreciation and impairmentOther movements ⁽²⁾201	Depreciation and impairment31/12/2021(2,058)
NET VALUE	NET VALUE31/12/20204,116	NET VALUEIncreases⁽¹⁾41	NET VALUEDecreases-	NET VALUEChanges in the scope of consolidation(7)	NET VALUEOther movements ⁽²⁾(4)	NET VALUE31/12/20214,146

(1) Increases concern right-of-use assets recognised in respect of new leases.

(2) Other movements include the effect of contract revisions on right-of-use assets and translation differences.

10.4.2 Impacts in the income statement

The main impacts of recognition in the income statement of lease contracts as lessee, in accordance with IFRS 16, are as follows:

(in millions of euros)	2021	2020
Income from subleases	Income from subleases 2021 56	Income from subleases 2020 56
Variable lease expenses	Variable lease expenses 2021 (53)	Variable lease expenses 2020 (46)
Expenses on short-term leases or leases of low-value assets	Expenses on short-term leases or leases of low-value assets 2021 (70)	Expenses on short-term leases or leases of low-value assets 2020 (106)
Income from sale and leaseback operations	Income from sale and leaseback operations 2021 -	Income from sale and leaseback operations 2020 -
Operating profit before depreciation and amortisation	Operating profit before depreciation and amortisation 2021 (67)	Operating profit before depreciation and amortisation 2020 (96)
Depreciation on right-of-use assets	Depreciation on right-of-use assets 2021 (723)	Depreciation on right-of-use assets 2020 (697)
Operating profit	Operating profit 2021 (790)	Operating profit 2020 (793)
Interest expense on the lease liability	Interest expense on the lease liability 2021 (75)	Interest expense on the lease liability 2020 (80)
INCOME BEFORE TAXES OF CONSOLIDATED COMPANIES	INCOME BEFORE TAXES OF CONSOLIDATED COMPANIES 2021 (865)	INCOME BEFORE TAXES OF CONSOLIDATED COMPANIES 2020 (873)

10.4.3 Payments relating to leases

(in millions of euros)	2021	2020
TOTAL PAYMENTS RELATING TO THE LEASE LIABILITY	TOTAL PAYMENTS RELATING TO THE LEASE LIABILITY 2021 (801)	TOTAL PAYMENTS RELATING TO THE LEASE LIABILITY 2020 (795)

Payments relating to the lease liability mainly concern principal repayments, and amount to €729 million in 2021 (€719 million in 2020).