NATIXIS -2020 Universal Registration Document

5 FINANCIAL DATA

Parent company financial statements and notes

Note 6

Bonds, shares and other fixed and variable income securities

2020

2019

Securities held for trading

Securities held for sale

Securities held for investment

Securities held for trading

Securities held for sale

Securities held for investment

Total

(in millions of euros)

Total

Government securities and equivalent (b) Gross value (a)

11,215

6,086

728

18,028

37,959

5,517

631

44,107

Premiums/discounts

0 8

44 32

0 0

44 41

72 38

(1)

71 43

Accrued interest

5

Impairment

0

0

Net carrying amount Bonds and other fixed -income securities (b) (c) Gross value (a) Premiums/discounts

11,223

6,162

728

18,113

37,964

5,627

630

44,221

3,788

6,195

244

10,227

9,479

5,927

294

15,700

0 0 0

6

0 0

6

1

1

Accrued interest

20

20

1

24

25

Impairment

(78)

(0)

(78)

(83)

(83)

Net carrying amount Equities and other variable-income securities (b) (d) Gross value

3,788

6,143

244

10,175

9,480

5,869

294

15,643

37,875

1,059

0 0 0

38,934

69,331

1,200

70,531

Accrued interest

0 0

0

0

0

Impairment

(23)

(23)

(27)

(27)

Net carrying amount 70,504 For these categories of securities, the gross values shown in the “Securities held for sale” and “Securities held for investment” columns are redemption value. (a) Of which securities loaned for €29,902 million at December 31, 2020 versus €33,653 million at December 31, 2019. (b) Of which Bonds and other listed fixed-income securities for €9,327 million at December 31, 2020 versus €14,588 million at December 31, 2019. (c) Of which Shares and other listed variable-income securities for €38,659 million at December 31, 2020 versus €70,213 million at December 31, 2019. (d) 37,875 1,035 38,910 69,331 1,173 Financial instruments not listed on active markets, recognized in short-term investments, trading securities and investment securities, represented an amount of €19,212 million at December 31, 2020. Natixis applied for the first time on December 31, 2020 ANC regulation No. 2020-10 of December 22, 2020, amending ANC regulation No. 2014-07specifically as regards the presentationof securities loans on the balance sheet. This change consists in presenting under “Other liabilities”, the debt representing the securities borrowed, less the value of the securities borrowed (classified as trading securities on the balance sheet) and the value of the securities borrowed that have been loaned out (also classified as trading securities on the balance sheet). The impact of these changes is presented in Note 2.16. Transfers of securities between categories There were no transfers of securities between categories in2019 or 2020.

Unrealized capital gains and losses in the investment portfolio

(in millions of euros)

2019

2020

Government securities and equivalent Unrealized capital gains

29

25 (1)

Unrealized capital losses

Bonds and other fixed-income securities Unrealized capital gains

56

Unrealized capital losses

(87)

(92)

Shares and other variable-income securities Unrealized capital gains

62

471 (10)

Unrealized capital losses

(11)

428

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020