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

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Description de l'Emetteur Informations relatives à l'endettement financier La définition de l'endettement financier net a été revue en 2011 afin de prendre en compte les prêts du Groupe EDF à RTE Réseau de transport d'électricité, entité consolidée par mise en équivalence à compter du 31 décembre 2011. (en millions d'euros) 31 décembre 31 décembre 2011 2010 Emprunts et dettes financières 50 034 47 777 Dérivés de couvertures des dettes (834) 49 Trésorerie et équivalents de trésorerie (5 743) (4 829) Actifs liquides (9 024) (9 285) Prêts à RTE (1 400) (1 914) Endettement financier net des actifs destinés à être cédés 252 2 591 Endettement financier net 33 285 34 389 Membres du Conseil d'administration au 1er juin 2012 Administrateurs représentant l'Etat Administrateurs élus par l'Assemblée Générale des actionnaires Administrateurs représentant les salariés Pierre-Marie Abadie Jean-Dominique Comolli Yannick d'Escatha François Loos Julien Dubertret Pierre Sellal Henri Proglio (Président-Directeur Général) Bruno Lafont Mireille Faugère Philippe Crouzet Michaël Jay of Ewelme Pierre Mariani Christine Chabauty Philippe Maissa Alexandre Grillat Marie-Hélène Meyling Jean-Paul Rignac Maximo Villota -122 -
RECENT EVENTS 1. EDF's Credit Ratings as of 1 June 2012 Rating Agency Long term rating Short term rating Moody's Aa3, stable outlook P-1 Standard and Poor's A+, stable outlook A-1 Fitch Ratings A+, stable outlook F1 Each of Moody's Investors Service Ltd, Standard and Poor's Credit Market Services Europe Limited and Fitch Ratings Limited is established in the European Union and is registered under Regulation (EC) No.1060/2009 of the European Parliament and of the Council dated 16 September 2009, as amended by Regulation (EU) No. 513/2011 of the European Parliament and of the Council dated 11 May 2011 and is included in the list of registered credit rating agencies published on the website of the European Securities and Markets Authority (www.esma.europa.eu). 2. 25 May 2012 – EnBW arbitration hearing: EDF’s reaction As part of the purchase of EDF’s stake in EnBW, Neckarpri GmbH, the Baden- Württemberg state-owned entity that made the purchase, initiated an arbitration procedure against EDF in February 2012 with the International Chamber of Commerce. The Baden-Württemberg state believes that it paid EDF an excessive acquisition price for its stake in EnBW and is requesting restitution of €2 billion. EDF considers this request to be completely unfounded and exorbitant. The EDF Group reiterates that it accepted the €4.7 billion offer submitted by the Baden- Württemberg state for the purchase of its stake in EnBW in December 2010. EDF intends to claim damages for harm of any kind caused to the EDF Group by this abusive hearing, which is expected to last for several months. 3. 24 May 2012 - EDF finalises Edison acquisition EDF announced its acquisition of control of Edison Spa through the completion of its previously announced contract to purchase Delmi's participation for €784M. With the completion of this transaction, EDF's equity in Edison's ordinary shares increases -123 -
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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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Risk Factors However, it cannot gua
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DOCUMENTS INCORPORATED BY REFERENCE
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Documents incorporated by reference
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SUPPLEMENT TO THE BASE PROSPECTUS I
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Page 111 and 112: DESCRIPTION OF THE ISSUER Detailed
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Page 159 and 160: TAXATION Payments of interest and r
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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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