The changes in special concession liabilities for existing assets and assets to be replaced are as follows:
| (in millions of euros) | 31/12/2022 | 31/12/2021 |
|---|---|---|
| Value in kind of assets (1) |
Value in kind of assets (1)31/12/202255,788 |
Value in kind of assets (1)31/12/202154,391 |
| Unamortised financing by the operator |
Unamortised financing by the operator 31/12/2022(31,681) |
Unamortised financing by the operator 31/12/2021(30,307) |
| Rights in existing assets – net value | Rights in existing assets – net value31/12/202224,107 | Rights in existing assets – net value31/12/202124,084 |
| Amortisation of financing by the grantor |
Amortisation of financing by the grantor 31/12/202216,331 |
Amortisation of financing by the grantor 31/12/202115,630 |
| Provisions for replacement |
Provisions for replacement 31/12/20229,021 |
Provisions for replacement 31/12/20219,139 |
| Rights in assets to be replaced | Rights in assets to be replaced31/12/202225,352 | Rights in assets to be replaced31/12/202124,769 |
| SPECIAL FRENCH PUBLIC ELECTRICITY DISTRIBUTION CONCESSION LIABILITIES | SPECIAL FRENCH PUBLIC ELECTRICITY DISTRIBUTION CONCESSION LIABILITIES31/12/202249,459 | SPECIAL FRENCH PUBLIC ELECTRICITY DISTRIBUTION CONCESSION LIABILITIES31/12/202148,853 |
(1) Including contributions received to finance concession assets, amounting to €127 million (€129 million in 2021).
Investments in associates and joint ventures are as follows:
| 31/12/2022 | 31/12/2021 | |||||
|---|---|---|---|---|---|---|
| (in millions of euros) | Notes | Ownership% | Share of net equity | Share of net income | Share of net equity | Share of net income |
| Principal investments in associates | ||||||
| CTE | 12.1 | 50.10 | 1,766 | 250 | 1,478 | 307 |
| Taishan (TNPJVC) (1) | 12.2 | 30.00 | n.c. | n.c. | 1,210 | (39) |
| Other investments held by EDF | 12.3 | n.a. | 1,944 | 79 | 2,282 | 102 |
| Investments held by EDF Renewables | 12.3 | n.a. | 2,519 | (52) | 1,453 | (117) |
| Other investments in associates and joint ventures | 12.3 | n.a. | n.c. | n.c. | 1,661 | 260 |
| Subtotal | - | 9,421 | 759 | 8,084 | 513 | |
| CENG (sold on 6 August 2021) | 3.1 | n.a. | n.a. | n.a. | n.a. | 131 |
| Subtotal | - | - | - | 131 | ||
| TOTAL | 9,421 | 759 | 8,084 | 644 | ||
n.a. = not applicable.
n.c. = not communicated.
(1) The financial data for Taishan at 31 December 2022 are not reported in this table as CGN (Taishan’s parent company) publishes its consolidated financial statements later than the Group.
The key financial indicators for the CTE subgroup (on a 100% basis) are as follows:
| (in millions of euros) | 31/12/2022 | 31/12/2021 |
|---|---|---|
| Non-current assets |
Non-current assets 31/12/202220,484 |
Non-current assets 31/12/202119,866 |
| Current assets |
Current assets 31/12/20226,241 |
Current assets 31/12/20213,577 |
| TOTAL ASSETS | TOTAL ASSETS31/12/202226,725 | TOTAL ASSETS31/12/202123,443 |
| Equity |
Equity 31/12/20223,525 |
Equity 31/12/20212,950 |
| Non-current liabilities |
Non-current liabilities 31/12/202215,017 |
Non-current liabilities 31/12/202115,163 |
| Current liabilities |
Current liabilities 31/12/20228,183 |
Current liabilities 31/12/20215,330 |
| TOTAL EQUITY AND LIABILITIES | TOTAL EQUITY AND LIABILITIES31/12/202226,725 | TOTAL EQUITY AND LIABILITIES31/12/202123,443 |
| Sales |
Sales 31/12/20224,928 |
Sales 31/12/20215,254 |
| Operating profit before depreciation and amortisation |
Operating profit before depreciation and amortisation 31/12/20221,841 |
Operating profit before depreciation and amortisation 31/12/20212,094 |
| Net income | Net income31/12/2022498 | Net income31/12/2021612 |
| Net indebtedness |
Net indebtedness 31/12/202210,831 |
Net indebtedness 31/12/202112,602 |
| Gains and losses recorded directly in equity |
Gains and losses recorded directly in equity 31/12/2022433 |
Gains and losses recorded directly in equity 31/12/2021(161) |
| Dividends paid |
Dividends paid 31/12/2022356 |
Dividends paid 31/12/2021259 |
