BPCE_REGISTRATION_DOCUMENT_2017

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

Breakdown of gross loans and receivables due from customers

12/31/2017

12/31/2016

in millionsof euros

Currentaccounts with overdrafts Loans tofinancial sectorcustomers

11,634

12,454

6,356

3,911

Short-term creditfacilities

65,553 150,713 322,188

61,216 146,060 302,434

Equipmentloans

Home loans Export loans

3,085

3,573

Repurchase agreements

50,467 16,281

44,857 16,057

Finance leases

Subordinated loans

585

601

Guaranteedeposits madefor theacceptanceof reinsurance treaties (1)

10,258 23,345 648,831 13,668

10,825 25,902 615,436 20,093

Other loans

Otherfacilitiesgranted to customers

Securities classified as loansand receivables Other loans and receivables due from customers

7,854

7,766

Impaired loansand receivables

22,918 704,905

23,427

TOTALGROSS LOANS ANDRECEIVABLESDUE FROMCUSTOMERS 679,176 Thesedepositsweremadewith CNP Assurancesin 2016under the reinsurancetreatycovering10%of CNP Assurances’total savingsdepositoutstandings.This cashdeposit is backedby technical (1) reservesinitiallyrecognizedfor an identicalamountunderbalancesheet liabilities,representingcommitmentsto insuredparties(see Note 5.18).

Breakdown of finance leases

12/31/2017

12/31/2016

5

Real estate Non-real estate

Total

Real estate Non-real estate

Total

in millions of euros Performing loans

7,607

8,674 16,281

7,995

8,062 16,057

Impaired loanoutstandings (1)

513

318 (94)

831

135 (85)

233

368

Impairment

(145)

(239)

(109)

(194)

TOTALLOANOUTSTANDINGSON FINANCE LEASES

7,975 8,186 16,231 At December 31,2017, impairedoutstandingsincludeall positionswith defaultingcounterparties,even thoughGroupeBPCEowns the assetssubjectto the contracts.At December 31,2016 they (1) only includedunpaidamountsin respectof counterpartiesin default. 8,898 16,873 8,045

HELD-TO-MATURITY FINANCIAL ASSETS 5.7 These are non-derivative financial assets with fixed or determinable paymentsthat the Group has an intention and ability to hold to maturity.

12/31/2017

12/31/2016

in millionsof euros

Treasury billsand equivalent

5,451 2,385 7,836

6,645 2,840 9,485

Bondsand other fixed-income securities

Gross amountof held-to-maturityfinancialassets

Impairment

(2)

(2)

TOTALHELD-TO-MATURITYFINANCIALASSETS

7,834

9,483

The fair valueof held-to-maturity assets is presented inNote 15. Available-for-saleassets held by the insurance companies controlled by Groupe BPCE amounted to

€ 2,655 million at December 31, 2017 and

€ 2,890million at December31, 2016.

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Registration document 2017