The movement in provisions for the back-end of the nuclear cycle, provisions for decommissioning and provisions for last cores breaks down as follows:
| (in millions of euros) | 31/12/2020 | Increases | Decreases | Discount effect | Translation adjustments | Other movements | 31/12/2021 |
|---|---|---|---|---|---|---|---|
| Provisions for spent fuel management | Provisions for spent fuel management 31/12/202012,608 |
Provisions for spent fuel management Increases1,205 |
Provisions for spent fuel management Decreases(1,470) |
Provisions for spent fuel management Discount effect601 |
Provisions for spent fuel management Translation adjustments90 |
Provisions for spent fuel management Other movements186 |
Provisions for spent fuel management 31/12/202113,220 |
| Provisions for waste removal and conditioning | Provisions for waste removal and conditioning 31/12/2020546 |
Provisions for waste removal and conditioning Increases4 |
Provisions for waste removal and conditioning Decreases- |
Provisions for waste removal and conditioning Discount effect38 |
Provisions for waste removal and conditioning Translation adjustments39 |
Provisions for waste removal and conditioning Other movements12 |
Provisions for waste removal and conditioning 31/12/2021639 |
| Provisions for long-term radioactive waste management | Provisions for long-term radioactive waste management 31/12/202014,413 |
Provisions for long-term radioactive waste management Increases132 |
Provisions for long-term radioactive waste management Decreases(227) |
Provisions for long-term radioactive waste management Discount effect932 |
Provisions for long-term radioactive waste management Translation adjustments82 |
Provisions for long-term radioactive waste management Other movements323 |
Provisions for long-term radioactive waste management 31/12/202115,655 |
| Provisions for the back-end of the nuclear cycle | Provisions for the back-end of the nuclear cycle31/12/202027,567 | Provisions for the back-end of the nuclear cycleIncreases1,341 | Provisions for the back-end of the nuclear cycleDecreases(1,697) | Provisions for the back-end of the nuclear cycleDiscount effect1,571 | Provisions for the back-end of the nuclear cycleTranslation adjustments211 | Provisions for the back-end of the nuclear cycleOther movements521 | Provisions for the back-end of the nuclear cycle31/12/202129,514 |
| Provisions for nuclear plant decommissioning | Provisions for nuclear plant decommissioning 31/12/202028,036 |
Provisions for nuclear plant decommissioning Increases262 |
Provisions for nuclear plant decommissioning Decreases(428) |
Provisions for nuclear plant decommissioning Discount effect1,397 |
Provisions for nuclear plant decommissioning Translation adjustments750 |
Provisions for nuclear plant decommissioning Other movements742 |
Provisions for nuclear plant decommissioning 31/12/202130,759 |
| Provisions for last cores | Provisions for last cores 31/12/20204,883 |
Provisions for last cores Increases- |
Provisions for last cores Decreases(341) |
Provisions for last cores Discount effect100 |
Provisions for last cores Translation adjustments141 |
Provisions for last cores Other movements(284) |
Provisions for last cores 31/12/20214,499 |
| Provisions for decommissioning and last cores | Provisions for decommissioning and last cores31/12/202032,919 | Provisions for decommissioning and last coresIncreases262 | Provisions for decommissioning and last coresDecreases(769) | Provisions for decommissioning and last coresDiscount effect1,497 | Provisions for decommissioning and last coresTranslation adjustments891 | Provisions for decommissioning and last coresOther movements458 | Provisions for decommissioning and last cores31/12/202135,258 |
| PROVISIONS RELATED TO NUCLEAR GENERATION | PROVISIONS RELATED TO NUCLEAR GENERATION31/12/202060,486 | PROVISIONS RELATED TO NUCLEAR GENERATIONIncreases1,603 | PROVISIONS RELATED TO NUCLEAR GENERATIONDecreases(2,466) | PROVISIONS RELATED TO NUCLEAR GENERATIONDiscount effect3,068 | PROVISIONS RELATED TO NUCLEAR GENERATIONTranslation adjustments1,102 | PROVISIONS RELATED TO NUCLEAR GENERATIONOther movements979 | PROVISIONS RELATED TO NUCLEAR GENERATION31/12/202164,772 |
| Current portion | Current portion 31/12/20202,153 |
Current portion Increases
|
Current portion Decreases
|
Current portion Discount effect
|
Current portion Translation adjustments
|
Current portion Other movements
|
Current portion 31/12/20212,705 |
| Non-current portion | Non-current portion 31/12/202058,333 |
Non-current portion Increases
|
Non-current portion Decreases
|
Non-current portion Discount effect
|
Non-current portion Translation adjustments
|
Non-current portion Other movements
|
Non-current portion 31/12/202162,067 |
The change in provisions related to nuclear generation in 2021 is mainly due to:
- a 10bp decrease in the real discount rate in France: the corresponding effects are included in the “Discount effect” (€617 million) for provisions adjusted via profit and loss, and in “Other movements” (€495 million) for changes in provisions backed by assets (assets associated with provisions and underlying assets) (see note 1.1);
- extension of the depreciation period of 1300MW-series power plants: the corresponding effects at 1 January 2021 are included in “Other movements” (€(1,031) million) for changes in provisions backed by assets (assets associated with provisions and underlying assets), and in “Increases” (€15 million) for provisions adjusted via profit and loss (see note 15.1.1);
- revision of the assumptions used in valuing liabilities for nuclear plant decommissioning in the United Kingdom: the corresponding effects are included in “Other movements” (€1.2 billion) for changes in provisions backed by the receivable representing amounts due from the Nuclear Liabilities Fund (NLF) and the British government in the United Kingdom (see note 2.3).
Details of the change in provisions related to nuclear generation in 2021 are as follows:
- In million of euros
- Provisions at 31/12/2020 : 60,486
- Increases : + 1,603
- Decreases : - 2,466
- Discount effect : + 3,068
- Translation adjustments : + 1,102
- Other movements : + 979
- Provisions at 31/12/2021: 64,772