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Under the Euro Medium Term Note Programme ... - Finance - EDF

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DESCRIPTION OF THE ISSUER<br />

Detailed information in relation to <strong>the</strong> Issuer is contained in <strong>the</strong> documents referred to in <strong>the</strong><br />

section headed "Documents incorporated by reference" in this Base Prospectus.<br />

Information regarding <strong>the</strong> <strong>EDF</strong> Group's activities<br />

General introduction to <strong>the</strong> <strong>EDF</strong> Group<br />

The <strong>EDF</strong> Group is an integrated energy company with a presence in a wide range of<br />

electricity-related businesses: nuclear, renewable and fossil-fuel fired energy production,<br />

transmission, distribution, marketing as well as energy management and efficiency services,<br />

along with energy trading. It is France’s leading electricity operator and has a strong position<br />

in <strong>Euro</strong>pe (United Kingdom, Italy, countries in Central and Eastern <strong>Euro</strong>pe), making it one of<br />

<strong>the</strong> world’s leading electrical providers as well as a recognized player in <strong>the</strong> gas industry.<br />

With a worldwide net installed capacity of 134.6 GWe 1 as of 31 December 2011 (124.2 GWe<br />

in <strong>Euro</strong>pe) and global energy generation of 628.2 TWh, <strong>the</strong> <strong>EDF</strong> Group has one of <strong>the</strong><br />

largest generating capacities of all <strong>the</strong> major worldwide energy corporations with <strong>the</strong> lowest<br />

level of CO2 emissions per KWh generated 2 due to <strong>the</strong> proportion of nuclear, hydroelectric<br />

power and o<strong>the</strong>r renewable energies in its generation mix. The <strong>EDF</strong> Group supplies<br />

electricity, gas and associated services to more than 37.7 million customer accounts 3<br />

worldwide (including nearly 27.9 million in France).<br />

The <strong>EDF</strong> Group’s businesses reflect its adoption of a model aimed at finding <strong>the</strong> best<br />

balance between French and international activities, competitive and regulated operations<br />

and based on an upstream-downstream integration. In 2011, <strong>the</strong> <strong>EDF</strong> Group’s consolidated<br />

sales revenues was 65.3 billion <strong>Euro</strong>s, earnings before interest, tax, depreciation and<br />

amortization came to 14.8 billion <strong>Euro</strong>s, and net income excluding non-recurring items stood<br />

at 3.5 billion <strong>Euro</strong>s.<br />

The table below presents <strong>the</strong> breakdown of <strong>the</strong> <strong>EDF</strong> Group's fleet and electricity generation<br />

for France in 2011:<br />

1 Source: <strong>EDF</strong>. Figures calculated according to <strong>the</strong> rules of accounting consolidation.<br />

2 Source: PricewaterhouseCoopers: “<strong>Euro</strong>pean Carbon Factor”, November 2011.<br />

3 Source: <strong>EDF</strong>. One customer may have two accounts: one for electricity and one for gas.<br />

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