NATIXIS - 2018 Registration document and annual financial report

FINANCIAL DATA Consolidated financial statements and notes

DECEMBER 31, 2017 R

31/12/2017

Corporate Center (excluding Coface) (c)

Total

Corporate & Investment Banking

Specialized Financial Services

Asset & Wealth Management (b)

Insurance

Coface

(in millions of euros)

Net revenues

3,113

3,442

734

1,382

624

173

9,467

15%

8%

12% (439) 16%

2%

(1)% (484) (9)% 140 41%

(6)% (462) (4)% (290) (2)% (65) 33% (355)

9%

2017/2016 change (a)

Expenses

(2,178)

(2,132)

(939)

(6,632)

2017/2016 change (a)

10% 936 27%

7%

6% 443

6%

Gross operating income

1,310 10% (115) (41)% 1,195

295 6%

2,835 14% (258) (15)% 2,577

2017/2016 change (a)

(5)% (73) 27%

Provision for credit losses 2017/2016 change (a) Net operating income 2017/2016 change (a)

0

0

(6)

(60)%

0% 295 6%

10%

936

371

135

27%

19%

(9)%

43%

3%

19%

Associates

1

10

13

0

1

0

26

2017/2016 change (a)

(111)%

(24)%

40%

0% (141)%

(46)%

103%

5

Other

10

18

0

(0)

0

20

48

2017/2016 change (a)

(39)%

100% 1,223

0% (100)% (100)%

(84)% (334) 55% (167) (21)%

(52)% 2,651

Pre-tax profit

947

308 7% 191 14%

371

136

2017/2016 change (a)

27%

21%

(16)%

712%

16%

Net income (Group share)

482

863

251

48

1,669

2017/2016 change (a) 21% This information is determined based on the accounting principles applied in accordance with IFRS as adopted by the European Union at December 31, 2017. Proforma change between December 31, 2017 and December 31, 2016. (a) O/w for Asset Management: (b) - net revenues: €2,972 million; - expenses: -€2,034 million; 14% 23% (13)% 2168%

- gross operating income: €938 million; - provision for credit losses: €0 million; - pre-tax profit: €949 million.

O/w for short-term treasury: (c) - net revenues: €139.6 million; - expenses: -€62.7 million;

- gross operating income: €76.9 million; - provision for credit losses: €0.1 million; - pre-tax profit: €77.1 million.

Breakdown of net revenues

Net revenues

2017/2016 change

(en millions d'euros)

Asset & Wealth Management

3,113 2,972

15% 15%

Asset Management Wealth Management

142

4% 8% 5% 8%

Corporate & Investment Banking

3,442 1,781 1,690

Capital Markets (a)

Global finance & Investment banking

Other

(30) 734

(60)%

Insurance

12%

Specialized Financial Services

1,382

2% 3% 2% 1%

Specialized Financing

862 336 184 624 173

Payment

Financial Services

Coface

(1)% (6)%

Corporate Center (excluding Coface)

TOTAL 9% Of which €1,916 million excluding the net revenues of the XVA desks, which break down into €1,317 million in net revenues for FICT and (a) €599 million for Equities. 9,467

359

Natixis Registration Document 2018