BPCE_REGISTRATION_DOCUMENT_2017

FINANCIAL REPORT IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2017

5.5

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES

Fair value hierarchy of financial assets and liabilities 5.5.1 The following statement provides a breakdown of financial instruments by type of price and valuationmodel:

12/31/2017

12/31/2016

Price quoted in an active market (Level 1)

Measurement techniques using observable data (Level 2)

Measurement techniques using unobservable data (Level 3)

Price quoted in an active market (Level 1)

Measurement techniques using observable data (Level 2)

Measurement techniques using unobservable data (Level 3)

Total

Total

in millions of euros FINANCIALASSETS Securities

50,301 12,751 37,550

5,010 2,093 2,917

256 256

55,567 15,100 40,467

44,651 12,482 32,169

6,890 3,695 3,195

265 265

51,806 16,442 35,364

Fixed-income securities Variable-income securities

Derivatives

677

44,298 27,756

2,183 47,158

1,167

49,728 24,370

1,952 52,847

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

2

312 564

28,070

304 738

426

25,100

533

2,477

3,574

4,824

1,005

6,567

2

13,184

1,106 14,292

5

19,100

235 283

19,340

390 491 276

200

590 632

573 861 411

856 984

Other derivatives

140

1

120

3

Other financial assets

1,662

1,938

1,344

1,755

Financial assets held for trading 50,978

49,584

4,101 104,663 2,536 22,276

45,818 13,811

57,029

3,561 106,408 2,287 17,249

Securities

17,381

2,359

1,151

Fixed-income securities Variable-income securities

766

101

1,818

2,685

699

95

1,542

2,336

16,615

2,258

718

19,591

13,112

1,056

745

14,913

Other financial assets

22

39,138

3,668 42,828

45,300

4,204 49,504

5

Financial assets designated at fair value through profit or loss

17,403

41,497

6,204 65,104

13,811

46,451 12,105

6,491 66,753

Interest rate derivatives Currency derivatives

8,713 1,090 9,803 7,910 5,609 2,301 314

8,713 1,095 9,808

12,105

5 5

2,735

2 2

2,737

Hedgingderivatives

14,840

14,842

Investments in associates

140

2,931

3,385

152

350

3,165

3,667

Other securities

87,955 80,704

5,380 101,245 3,591 89,904 1,789 11,341

82,397 76,023

8,089 6,094 1,995

5,960 96,446 4,565 86,682

Fixed-income securities Variable-income securities

7,251

6,374

1,395

9,764

Other financial assets

10

29

39

28

16

44

Available-for-sale financial assets FINANCIALLIABILITIES Securities Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives Derivatives

88,095

8,234

8,340 104,669

82,549

8,467

9,141 100,157

26,605

343

26,948

22,796

1,038

23,834 50,707 22,017

735

44,920 27,756

2,015 47,670

1,248

48,518 21,164

941 329 158

53

283 255

28,092

524 523

551

4,200

5,006

7,443

8,124

1

12,269

1,159 13,429

1

18,858

31

18,890

469 226

315

784 359

420 633 329

423

843

Other derivatives Other financial liabilities

130

3

200

833 329

42

42

Financial liabilities heldfor trading

27,340

45,305 22,416 34,448

2,015 74,660

24,044

49,885 19,546 37,062

941

74,870 19,639 38,927

Securities

373

22,789

93

Other financial liabilities

2,908

1,112 38,468

1,170

695

Financial liabilities designated at fair value through profit or loss

2,908

56,864 11,971

1,485 61,257

1,170

56,608 15,870

788

58,566 15,871

Interest rate derivatives Equity derivatives Currency derivatives

11,971

1 1

1

2,754

2,754

3,915

3,915

Hedgingderivatives

14,725

14,725

19,785

2

19,787

279

Registration document 2017