NATIXIS -2020 Universal Registration Document
3 RISK FACTORS, RISK MANAGEMENT AND PILLAR III Basel 3 Pillar III disclosures
Transition from shareholder’s equity to prudential capital after applying phase-in arrangements
(in millions of euros)
31/12/2020
Shareholder's equity Capital
5,050 4,251 7,152
Issue premium
Retained earnings
Treasury shares
(2)
Other, including items of comprehensive income
699
Other instruments to be reclassified as Additional Tier 1 capital
1,978
101
Income/(loss) for the year
Total shareholders’ equity – Group share Reclassification as Additional Tier 1 capital
19,229 (1,978)
Translation adjustments
60
0
Restatement of dividend forecast (dividend for previous year) Prudential filters Own credit risk: Gain on reclassification of hybrid securities Own credit risk: liabilities and derivatives net of deferred taxes
(144)
91
Prudent valuation adjustment
(389)
Unrealized gains and losses
(13)
Total prudential filters
(456)
Deductions Dividend proposed for current year and related expenses
(189)
Goodwill Amount as per accounting base
(3,439)
Amount of related deferred tax liabilities
321
Amount included in value of investments in associates
(95)
Intangible assets Amount as per accounting base Non-controlling interests Amount as per accounting base
(432)
167
Prudential adjustment
(167)
Deferred tax assets (tax loss carry-forwards) Amount as per accounting base
(1,232)
o/w portion not including tax loss carry-forwards and impact of netting
542
Prudential adjustment
0 0 0
Shortfall of provisions to expected losses
Investments in the share capital of financial sector entities
(189)
Other prudential adjustments
Total deductions
(4,712)
Total Common Equity Tier 1 (CET1) Hybrid capital instruments Amount as per accounting base Other equity instruments
12,143
1,978
Residual gain on reclassification as equity
144
Nominal value adjustment during the period
(49)
Early redemption through exercise of call option
0 0
Cap due to grandfathering limit
Total hybrid instruments
2,073
Deductions
(22)
Other prudential adjustments including phase-in arrangements
0
2,051
Total additional Tier 1 capital
Total Tier 1 capital
14,194
Subordinated debt instruments Amount as per accounting base
3,720
Regulatory adjustment
(519)
0
Transfer of grandfathering cap on hybrid capital instruments
Total Tier 2 instruments
3,201
Surplus of provisions to expected losses
51
Deductions
(1,110)
Other prudential adjustments including phase-in arrangements
0
Total Tier 2 capital
2,142
TOTAL REGULATORY CAPITAL
16,337
Pursuant to Commission Implementing regulation (EU) No. 1423/2013, the audit trail of regulatory capital as described in Appendix IV of the regulation is provided below.
176
NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020
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