NATIXIS - 2018 Registration document and annual financial report

FINANCIAL DATA Consolidated financial statements and notes

Fair value of financial assets valued at amortized cost on the balance sheet 9.4.7

31/12/2018

Book value

Fair value

Level 1

Level 2

Level 3

(in millions of euros)

Loans and receivables due from banks

378 371

378 371

4 4

374 368

o/w loans and receivables

Other

6

6

6

Loans and receivables due from customers

12,760 12,760

12,760 12,760

47 47

12,712 12,712

o/w loans and receivables

Held-to-maturity assets

1,291

1,506

1,345

157

3

TOTAL FINANCIAL ASSETS

14,428

14,643

1,396

13,244

3

Liabilities related to insurance policies 9.5

31/12/2018

01/01/2018 (a)

(in millions of euros) Technical reserves

79,732 43,703

76,597 38,865 10,256 20,227

5

Technical reserves relating to insurance policies Technical reserves relating to unit-linked policies

9,845

Technical reserves relating to financial contracts with a discretionary profit sharing feature Technical reserves relating to financial contracts without a discretionary profit sharing feature

20,118

-

Technical reserves relating to unit-linked policies

3,951 2,115 9,800

3,974 3,275 9,727

Deferred profit-sharing liabilities

Debts arising from insurance and reinsurance activities Debts arising from insurance and assumed reinsurance activities

398

488

Debts arising from ceded reinsurance activities

9,402

9,239

Derivatives

7 7

183 183

Derivative instruments not eligible for hedge accounting

Hedging derivatives

- -

Other liabilities relating to insurance policies

TOTAL 86,507 Of which €1,953 million at January 1, 2018 for the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 (a) (see Notes 3.6 and 6.9). 89,538

9.5.1

9.5.3

Financial liabilities designated at fair value

Debt securities

through profit or loss

The information about debt securities required by IFRS 7 is presented in Note 8.15.

Information required under IFRS 7 on financial liabilities at fair value through profit or loss is presented in Note 8.1.2.

9.5.4

Subordinated debt

9.5.2

Due to banks and customer deposits

The information about subordinated debt required by IFRS 7 is presented in Note 8.16.

The information about debts due to banks and customer deposits required by IFRS 7 is presented in Note 8.14.

Information to be disclosed about the temporary exemption from the application of IFRS 9 9.5.5 for insurance activities

31/12/2018

Change in fair value over the period

Fair value (a)

(in millions of euros)

SPPI financial assets

39,912

(1,492)

Non-SPPI financial assets

3,516

(83)

TOTAL

43,428

(1,575)

table does not include financial assets recognized at fair value through profit or loss, or reinsurance activities. This Excluding mutual funds, whose fair value amounted to €5,067 million at December 31, 2018. (a)

355

Natixis Registration Document 2018