Universal Registration Document 2022

21.2.1.4 Electricity supply commitments

In the course of its business, the EDF group has signed long-term contracts to supply electricity as follows:

long-term contracts with a number of European electricity operators, for a specific plant or a defined group of plants in the French nuclear generation fleet, corresponding to installed power capacity of 3.5GW;
in execution of France’s “NOME” Law on organisation of the French electricity market, EDF has a commitment to sell some of the energy generated by its existing nuclear power plants to other suppliers, until 31 December 2025. This has concerned a maximum volume of 150TWh each year since 1 January 2020 (see note 5.1.1).

21.2.2 Investment commitments received

	31/12/2022				31/12/2021
		Maturity
(in millions of euros)	Total	< 1 year	1 to 5 years	> 5 years	Total
INVESTMENT COMMITMENTS RECEIVED	317	235	35	47	609

The decrease in investment and/or divestment commitments received is explained by the expiry in early 2022 of a guarantee received in connection with a repurchase agreement concerning securities held by EDF.

21.2.3 Financing commitments received

	31/12/2022				31/12/2021
		Maturity
(in millions of euros)	Total	< 1 year	1 to 5 years	> 5 years	Total
FINANCING COMMITMENTS RECEIVED	22	3	13	6	18

Note 22 Related parties

Accounting principles and methods

Related parties include the French State, companies in which the State holds majority ownership and certain of their subsidiaries, and companies in which the EDF group exercises joint control or significant influence. They also include members of the Group’s management and governance bodies.

Details of transactions with related parties are as follows:

	Associates and joint ventures		Joint operations		French State or State- owned entities ⁽¹⁾		Group Total
(in millions of euros)	31/12/2022	31/12/2021	31/12/2022	31/12/2021	31/12/2022	31/12/2021	31/12/2022	31/12/2021
Sales	933	797	-	-	2,709	2,501	3,642	3,298
Energy purchases	2,279	4,196	2	2	2,895	2,441	5,176	6,639
External purchases	13	16	7	7	206	343	226	366
Financial assets	135	160	-	-	-	-	135	160
Other assets	2,195	844	-	-	560	630	2,755	1,474
Financial liabilities	-	-	-	-	-	-	-	-
Other liabilities	441	1,367	1	1	558	623	1,000	1,991

(1) Excluding tax and social liabilities and the CSPE receivable.

22.1 Transactions with entities included in the scope of consolidation

Transactions with the principal associates (CTE (the company that owns RTE) and Taishan) are presented in note 12. Transactions with other associates, joint ventures, and partner entities in joint arrangements with the Group mainly consist of sales and purchases of energy.