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

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Description of the Issuer - coordinating gas supplies and investments in order to further the EDF Group’s ambitions in the gas market; and - developing upstream-downstream optimisation at a European level. Key information regarding the EDF Group's annual financial data Preamble Pursuant to European regulation No. 1606/2002/EC of 19 July 2002 on the adoption of international accounting standards, the EDF Group’s consolidated financial statements for the year ended 31 December 2011 are prepared under the international accounting standards published by the IASB and approved by the European Union for application as of 31 December 2011. These international standards are the IAS (International Accounting Standards), IFRS (International Financial Reporting Standards), and their interpretations (SIC and IFRIC). Key financial information The selected financial information presented below is taken from the EDF Group’s consolidated financial statements as of 31 December 2011, which have been audited by EDF’s Statutory Auditors. The selected financial information below must be read in conjunction with (i) the consolidated financial statements included in section 20.1 (“Historical Financial Information”) of the 2011 Document de Référence, and (ii) the operating and financial review contained in Chapter 9 of the 2011 Document de Référence. Extracts from the consolidated income statements (in millions of Euros) 2011 2010 (1) 2010 (2) Sales 65,307 65,320 65,165 Operating profit before depreciation and amortization (EBITDA) 14,824 16,623 16,623 Operating profit (EBIT) 8,286 6,240 6,240 Income before taxes of consolidated companies (3) 4,506 1,814 1,814 EDF NET INCOME 3,010 1,020 1,020 (1) Figures fulfilled in 2011 for the 2010 final year have been restated for the impact of the change in presentation of EDF Luminus’ optimization activities. (2) Data published in 2010 for the 2010 fiscal year. (3) Income before taxes of consolidated companies corresponds to the EDF group’s net income before income taxes; share in income of companies accounted for under the equity method, net income from discontinued operations, and minority interests. Extracts from the consolidated balance sheets 31 December 31 December (in millions of Euros) 2011 2010 Non-current assets 163,026 158,744 Current assets 67,980 63,670 Assets classified as held for sale 701 18,145 TOTAL ASSETS 231,707 240,559 Equity (Group share) 30,570 31,317 Non controlling interests 4,337 5,586 -114 -
Description of the Issuer Non-current provisions 51,560 49,465 Other non-current liabilities 93,925 91,666 Current liabilities 50,909 49,651 Liabilities related to assets classified as held for sale 406 12,874 TOTAL EQUITY AND LIABILITIES 231,707 240,559 Extracts from the consolidated cash flow statements (in millions of Euros) 2011 2010 Net cash flow from operating activities 8,497 11,110 Net cash flow used in investing activities (6,791) (14,927) Net cash flow from financing activities (1,591) 1,948 Cash flow from discontinued operations - 357 NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 115 (1,512) Information concerning net indebtedness The definition of net indebtedness was revised in 2010 to take into account the Group’s lending to RTE Réseau de Transport d’Électricité, an entity consolidated by the equity method as of 31 December 2010. 31 December 31 December (in millions of Euros) 2011 2010 Loans and other financial liabilities 50,034 47,777 Derivatives used to hedge liabilities (834) 49 Cash and cash equivalents (5,743) (4,829) Liquid assets (9,024) (9,285) Loans to RTE (1,400) (1,914) Net indebtedness from assets held for sale 252 2,591 NET INDEBTEDNESS 33,285 34,389 Members of the Board of Directors as at 1 June 2012 Representatives of the French State Directors appointed by the General Shareholders' Meeting Employee Representatives Pierre-Marie Abadie Jean-Dominique Comolli Yannick d'Escatha François Loos Julien Dubertret Pierre Sellal Henri Proglio (Chairman and CEO) Bruno Lafont Mireille Faugère Philippe Crouzet Michaël Jay of Ewelme Pierre Mariani Christine Chabauty -115 -
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€30,000,000,000 EURO MEDIUM TERM
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This Base Prospectus (together with
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amended, all references to "U.S.$",
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SUMMARY This summary (the "Summary"
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Summary Year Ended 31 December 2011
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Summary Currencies Status Negative
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Summary listed and admitted to trad
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Summary risk of a change of law Th
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Résumé intentée devant un tribun
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Résumé Permanents" désigne les
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Résumé Pledge) sera prévue. Cas
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Résumé l'émission indiqueront si
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Résumé ladite directive. les ris
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Risk Factors The Issuer may from ti
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Risk Factors withholding tax. If a
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Risk Factors any of the currencies
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Risk Factors Notes issued at a subs
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Risk Factors foreign exchange and o
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Risk Factors Risks associated with
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Risk Factors Risks associated with
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Risk Factors and critical infrastru
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Risk Factors Hydropower generation
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Risk Factors Increased competition
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Risk Factors Furthermore, available
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Risk Factors managed pension funds
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Risk Factors A serious nuclear acci
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Risk Factors modifications to all o
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Risk Factors A decision by the Fren
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Risk Factors materials and waste co
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Risk Factors In the field of nuclea
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Risk Factors commercial and industr
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Page 65 and 66: DOCUMENTS INCORPORATED BY REFERENCE
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Page 69 and 70: SUPPLEMENT TO THE BASE PROSPECTUS I
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Page 111 and 112: DESCRIPTION OF THE ISSUER Detailed
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Page 117 and 118: DESCRIPTION DE L'EMETTEUR (DESCRIPT
Page 119 and 120: Description de l'Emetteur Les activ
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Page 123 and 124: RECENT EVENTS 1. EDF's Credit Ratin
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Page 131 and 132: Recent Events • EDF joins the FTS
Page 133 and 134: Recent Events sector. This agreemen
Page 135 and 136: Form of Final Terms implemented in
Page 137 and 138: Form of Final Terms 7. [(i) Issue D
Page 139 and 140: Form of Final Terms (vi) Party resp
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Page 145 and 146: Form of Final Terms consequences (i
Page 147 and 148: Form of Final Terms 39. Non Exempt
Page 149 and 150: Form of Final Terms September 2009,
Page 151 and 152: Form of Final Terms [(i) Reasons fo
Page 153 and 154: Form of Final Terms Return on deriv
Page 155 and 156: Form of Final Terms 13. [PLACING AN
Page 157 and 158: Form of Final Terms Description of
Page 159 and 160: TAXATION Payments of interest and r
Page 161 and 162: Taxation 1.2 Legal entities liable
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Taxation In addition, interest and
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Subscription and Sale The Notes are
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Subscription and Sale The Republic
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Subscription and Sale Section 274 o
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GENERAL INFORMATION 1. Application
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General Information For so long as
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VISA OF THE AUTORITÉ DES MARCHÉS
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VISA DE L'AUTORITE DES MARCHES FINA
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LEGAL ADVISERS To the Issuer Hogan
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Under the Euro Medium Term Note Programme ... - Finance - EDF

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