Universal Registration Document 2022

21.1.3 Financing commitments given

Financing commitments given by the Group at 31 December 2022 comprise the following:

	31/12/2022				31/12/2021
		Maturity
(in millions of euros)	Total	< 1 year	1 to 5 years	> 5 years	Total
Security interests in real property	3,616	1,321	421	1,874	3,986
Guarantees related to borrowings	1,587	33	996	558	1,265
Other financing commitments	1,142	1,034	28	80	586
TOTAL FINANCING COMMITMENTS GIVEN⁽¹⁾	6,345	2,388	1,445	2,512	5,837

(1) Including commitments given by controlled entities to joint ventures, amounting to €2,609 million at 31 December 2022 (€1,597 million at 31 December 2021). These financing commitments to joint ventures mainly concern EDF Renewables and Jera.

Security interests and assets provided as guarantees mainly concern pledges or mortgages of tangible assets and shares representing investments in consolidated subsidiaries which own property, plant and equipment, for EDF Renewables.

The guarantees given for borrowings are essentially guarantees provided by EDF Renewables for its project financing.

21.2 Commitments received

The table below shows off-balance sheet commitments received by the Group that have been valued. Other commitments received are described separately in the detailed notes.

(in millions of euros)	Notes	31/12/2022	31/12/2021
Operating commitments received ⁽¹⁾	Operating commitments received ⁽¹⁾Notes21.2.1	Operating commitments received ⁽¹⁾ 31/12/2022 8,916	Operating commitments received ⁽¹⁾31/12/2021 9,065
Investment commitments received	Investment commitments received Notes21.2.2	Investment commitments received 31/12/2022 317	Investment commitments received 31/12/2021 609
Financing commitments received⁽²⁾	Financing commitments received ⁽²⁾Notes21.2.3	Financing commitments received ⁽²⁾ 31/12/2022 22	Financing commitments received ⁽²⁾31/12/2021 18
TOTAL COMMITMENTS RECEIVED	TOTAL COMMITMENTS RECEIVEDNotes	TOTAL COMMITMENTS RECEIVED 31/12/2022 9,255	TOTAL COMMITMENTS RECEIVED31/12/20219,692

(1) Excluding commitments related to supplies of energy and related services (see note 21.2.1.4).

(2) Excluding commitments related to credit lines, which are described in note 18.4.

21.2.1 Operating commitments received

Operating commitments received by the Group at 31 December 2022 comprise the following:

	31/12/2022				31/12/2021
		Maturity
(in millions of euros)	Total	< 1 year	1 to 5 years	> 5 years	Total
Operating lease commitments as lessor	509	100	202	207	661
Operating sale commitments	6,348	1,743	3,298	1,307	6,360
Operating guarantees received	1,998	1,241	230	527	1,991
Other operating commitments received	61	19	27	15	53
OPERATING COMMITMENTS RECEIVED	8,916	3,103	3,757	2,056	9,065

21.2.1.1 Operating lease commitments as lessor

In 2022, the Group benefits from commitments as lessor in operating leases amounting to €509 million. These commitments mainly concern the Independent Power Projects (IPPs) and real estate leases.

21.2.1.2 Operating sale commitments

Operating sale commitments received exclude energy deliveries and principally concern firm orders made through contracts recorded on a percentage-of-completion basis at Framatome (construction and engineering contracts) and EDF Renewables (agreements for operation services, maintenance services, and development and sale of structured assets).

21.2.1.3 Operating guarantees received

Operating guarantees received principally concern Framatome, and relate to supply and technical assistance contracts for EDF’s nuclear power plants with guarantees received from suppliers, particularly in connection with ARENH deliveries.