Universal Registration Document 2021

6. Financial statements

6.6.3 Information on invoice settlement times (account payable and receivable) (as required by Article L. 441-6-1 of the French Commercial Code)

Within the framework of the LME Act, as amended by Act no. 2015-990 promoting growth, activity and equal economic opportunities, EDF discloses the amounts (including VAT) of debts and receivables due at the end of the fiscal year. These amounts are broken down by tranche of overdue payments and posted respectively to the amount including VAT of purchases and sales for the fiscal year.

, Article D. 441 I.-1°: overdue invoices which have been received but not paid at the closing date of the fiscal year Article D. 441 I.-2°: overdue invoices which have been issued but not paid at the closing date of the fiscal year
(in millions of euros) 0 day 1 - 30 days 31 - 60 days 61 - 90 days 91 days and more Total (1 day and more) 0 day 1 - 30 days 31 - 60 days 61 - 90 days 91 days and more Total (1 day and more)
(A) Period overdue
Number of invoices 106,852         4,522 3,774,482         7,447,907
Total amount of invoices (including VAT) 3,218 23 4 1 1 29 1,632 125 73 48 654 900
% of the total amount of purchases of the year 5.9 0.0 0.0 0.0 0.0 0.0            
% of total amount of sales of the year (including VAT)             2.5 0.2 0.1 0.1 1 1.4
(B) Invoices excluded from (A) relating to payables and receivables in dispute or unrecognised
Number of invoices excluded           0           0
Number of invoices excluded           0           0
(C) Reference payment terms applied (contractual or statutory – Article L. 441-6 or Article L. 43-1 of the French Commercial Code)
Payment terms used for calculating periods overdue     Legal and contractual deadlines             Legal deadlines    

6.6.4 Information on existing branches – as required by Article L. 231-1 of the French Commercial Code

At 31 December 2021, the Group had 215 secondary establishments registered with the French Trade and Companies Registers stated in the Company’s “K-bis” document, and operated on French territory through several thousand different offices which do not fulfil the independent management criterion to qualify as a branch.

EDF’s branches (1) outside mainland France are listed below:

  • Saint-Barthélemy;
  • Saint-Pierre-et-Miquelon;
  • Saint-Martin;
  • Saint-Denis de la Réunion;
  • Cayenne;
  • Pointe-à-Pitre;
  • United Arab Emirates: Abu Dhabi and Dubai;
  • Bahrain;
  • Benin;
  • Cambodia;
  • China: Taishan;
  • South Africa;
  • Cape Verde;
  • Qatar;
  • New Caledonia;
  • Togo

(1) In fiscal terms, this is a list of permanent establishments located outside France.