BPCE_REGISTRATION_DOCUMENT_2017

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

PROVISIONS 5.19 Provisionsare detailedin the tablebelow.

12/31/2017

01/01/2017

Increase

Use Reversals unused

Other changes (1)

in millionsof euros

Provisions for employee benefit commitments (2) Provisions for restructuring costs (3)

2,546

200 109 560 163

(198)

(235)

(35)

2,278

104

(41)

(18)

(2)

152

Legal andtax risks (4)

1,537

(106)

(205) (140)

(74) (61)

1,712

Loan and guarantee commitments Provisions for regulated home savings products

366

(29)

299

713

36

(54)

695

Other operatingprovisions TOTALPROVISIONS

1,233 6,499

310

(103)

(209) (861)

25

1,256

1,378 (477) 6,392 Otherchangesincludeprimarilythe variationin revaluationdifferenceson employeebenefits(-€22 millionbeforetax) and the impactsrelatedto changesin the scopeof consolidationand foreign (1) exchangerate adjustments(-€117 million). O/w €2,104 millionfor post-employmentdefined-benefitplansand other long-termemployeebenefits(see Note 9.2.1). (2) At December 31,2017,provisionsfor restructuringcostsnotably included: (3) €2 millionfor the workforceadjustmentplan at Natixiscompletedin 2015 (€6 millionat December 31,2016); ● €31 millionin provisionsfor restructuringcosts for the COFACEplan (€42 millionat December 31,2016); ● €30 millionfor Caissed’EpargneProvence-Alpes-Corse (€22 millionat December 31,2016 for “overseas”voluntaryredundancy). ● Provisionsfor legaland tax risks included: (4) €389 millionfor the net insuranceexposureon the Madofffraud.The insuranceamounttotals€123 millionfor disputesrelatingto this case.The provisionfor Madoffnet outstandingstotaled ● €480 millionat December 31,2016; €87 millionfor the fine associatedwith the exchangeof truncatedchecksfollowingthe unfavorablerulingby the ParisCourtof Appealson December 21,2017. ● (147)

5.19.1 Deposits held in regulated home savings products

5

12/31/2017

12/31/2016

in millions of euros

Depositsheld in PELregulatedhome savings plans less than 4years - more than 4 years and less than 10 years -

8,441

41,569 15,748 11,997 69,314

51,926 11,481 71,848

more than 10 years -

Deposits heldin PEL regulatedhome savings plans Deposits heldin CELregulated home savings accounts

5,625

5,621

TOTALDEPOSITSHELD IN REGULATEDHOME SAVINGSPRODUCTS

77,473

74,935

The significantchange in the first and second tranches (under 4 years and 4-10 years) is attributableto the maturationof the strata of the PEL home savingsplan.

5.19.2 Loans outstanding granted under regulated home savings products

12/31/2017

12/31/2016

in millions of euros

Loans outstandinggranted underregulated homesavingsplans Loans outstandinggranted underregulated homesavingsaccounts

64

98

254 318

379 477

TOTALLOANS OUTSTANDINGON REGULATEDHOMESAVINGS PRODUCTS

293

Registration document 2017