This note presents off-balance sheet commitments given and received by the Group at 31 December 2022. The amounts of commitments correspond to non-discounted contractual values.
The table below shows off-balance sheet commitments given by the Group that have been valued. Other commitments are described separately in the detailed notes.
| (in millions of euros) | Notes | 31/12/2022 | 31/12/2021 |
|---|---|---|---|
| Operating commitments given |
Operating commitments given Notes21.1.1 |
Operating commitments given 31/12/2022 61,990 |
Operating commitments given 31/12/202154,268 |
| Investment commitments given |
Investment commitments given Notes21.1.2 |
Investment commitments given 31/12/2022 16,900 |
Investment commitments given 31/12/202116,996 |
| Financing commitments given |
Financing commitments given Notes21.1.3 |
Financing commitments given 31/12/2022 6,345 |
Financing commitments given 31/12/20215,837 |
| TOTAL COMMITMENTS GIVEN |
TOTAL COMMITMENTS GIVENNotes
|
TOTAL COMMITMENTS GIVEN 31/12/2022 85,235 |
TOTAL COMMITMENTS GIVEN31/12/202177,101 |
In almost all cases, these are reciprocal commitments, and the third parties concerned are under a contractual obligation to supply the Group with assets or services related to operating, investment and financing activities.
Operating commitments given by the Group are as follows:
| (in millions of euros) | 31/12/2022 | 31/12/2021 |
|---|---|---|
| Fuel and energy purchase commitments (1) |
Fuel and energy purchase commitments (1)31/12/2022 43,863 |
Fuel and energy purchase commitments (1)31/12/2021 37,908 |
| Operating contract performance commitments given |
Operating contract performance commitments given 31/12/2022 17,456 |
Operating contract performance commitments given 31/12/2021 16,047 |
| Operating lease commitments as lessee |
Operating lease commitments as lessee 31/12/2022 671 |
Operating lease commitments as lessee 31/12/2021 313 |
| TOTAL OPERATING COMMITMENTS GIVEN |
TOTAL OPERATING COMMITMENTS GIVEN 31/12/2022 61,990 |
TOTAL OPERATING COMMITMENTS GIVEN 31/12/2021 54,268 |
(1) Excluding gas purchases and related services
In the course of its ordinary generation and supply activities, the Group has entered into long-term contracts for purchases of electricity, gas, other energies and commodities and nuclear fuel, for periods of up to 20 years.
The Group has also entered into long-term purchase contracts with a certain number of electricity producers, by contributing to the financing of power plants. At 31 December 2022, fuel and energy purchase commitments mature as follows:
| 31/12/2022 | 31/12/2021 | |||||
|---|---|---|---|---|---|---|
| Maturity | ||||||
| (in millions of euros) | Total | < 1 year | 1 to 5 years | 5 to 10 years | > 10 years | Total |
| Electricity purchases and related services (1) | 30,085 | 5,702 | 9,626 | 5,815 | 8,942 | 24,557 |
| Other energy and commodity purchases (2) | 362 | 118 | 132 | 112 | - | 346 |
| Nuclear fuel purchases | 13,416 | 1,944 | 5,710 | 4,771 | 991 | 13,005 |
| FUEL AND ENERGY PURCHASE COMMITMENTS | 43,863 | 7,764 | 15,468 | 10,698 | 9,933 | 37,908 |
(1) There are no remaining commitments by controlled entities to joint ventures at 31 December 2022 (€487 million at 31 December 2021).
(2) Excluding gas purchases and related services (see note 21.1.1.1.4).
