NATIXIS -2020 Universal Registration Document

FINANCIAL DATA Parent company financial statements and notes

Operating expenses Note 30

(in millions of euros)

2019

2020

Payroll costs

(1,225)

(1,339)

Wages and salaries

(803) (287)

(916) (463)

Social security expenses (a)

(30) (70)

(60) (72)

Incentive and profit-sharing plans

Taxes on income Rebilled expenses

25

30

Provisions for risks and other expenses (b)

(60)

142

Other administrative expenses

(1,104)

(1,220)

(209)

(217)

Taxes and levies (c) External services Rebilled expenses

(1,031)

(1,188)

137

185

Depreciation, amortization and impairment of property, plant and equipment and intangible assets

(80) (80)

(79) (79)

Charges TOTAL

(2,409) (2,638) Of which pension costs of €75 million at December 31, 2020 compared to €198 million at December 31, 2019 (including €114 million in respect of the IPA). (a) Including a provision for the Time Savings Account of €70 million in 2020 and a reversal of provision for the IPA of €114 million in 2019. (b) Including a contribution of €160 million to the Single Resolution Fund (SRF) at December 31, 2020, versus €166 million at December 31, 2019. (c)

5

Provision for credit losses Note 31

(in millions of euros)

2019

2020

Provision for credit losses on assets

(675) (675) (764)

(303) (286) (393)

Non-performing loans: Impairment charges

349

268

Reversals of impairment charges

Losses covered

(265)

(184)

Losses not covered

(2)

(2) 25

Recoveries of bad debts written off

7 0 0

Securities:

(17) (24)

Impairment charges

Reversals of impairment charges

25

14 (7)

Losses covered

(25) (17) (27)

Provision for credit losses on liability items

(127) (106) (215)

On country and sector risks:

Charges to provisions Reversals of provisions Risks and charges: Charges to provisions Reversals of provisions

(183)

156

109 (21) (66)

10

(26)

36

45

TOTAL

(694)

(429)

443

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020