BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

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

Analysis of fair value hierarchy transfers 5.5.3 The amountsof transfers indicated in this statement are thoseof the last valuation preceding the transfer.

Fiscal year 2017

From Level 1

Level 1

Level 2

Level 2

Level 3

Level 3

To

Level 2

Level 3

Level 1

Level 3

Level 1

Level 2

in millions of euros

FINANCIAL ASSETS Securities

422 239 183

325 239

150 150

Fixed-income securities Variable-income securities

86

Derivatives

15

8

1,093

25 13

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

35 14

10

7

5 3 4

1,044

Other derivatives

5

1

Financial assetsheld for trading

437

333

1,093

175

Securities

2 2

Fixed-income securities

Financial assetsdesignated at fairvalue through profitor loss

2

Investments in associates

17

Other securities

561 513

9 7 2

737 728

269 150 119

479 478

326 264

Fixed-income securities Variable-income securities

48

9 6

1

62

Other financialassets

Available-for-salefinancialassets

561

9

743

286

479

326

FINANCIALLIABILITIES Securities

7 8

69 23

Derivatives

1,323

55 27 25

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

19 25

6

23

1,279

2 1

Other derivatives

2

Financial liabilitiesheld fortrading

15

92

1,323

55

Securities

51

Financial liabilitiesdesignated at fair value through profitor loss

51

282

Registration document 2017