BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

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

Total exposure to credit risk and counterparty risk 7.1.2 The statement below shows the credit and counterparty risk exposure for all Groupe BPCE financial assets. This exposure to credit risk (determinedwithout taking into account the impact of any unrecognizednetting or collateralagreements)and to counterpartyrisk is based on the carryingamount of the financial assets.

Net outstandings at 12/31/2017

Net outstandings at 12/31/2016

Performing loans

Non-performing loans

Impairments and provisions

in millionsof euros

Financial assetsat fair value throughprofit or loss (excluding variable-incomesecurities)

107,699

107,699

121,418

Hedgingderivatives

9,809

9,809

14,842

Available-for-salefinancial assets(excluding variable-income securities)

89,877 92,061 671,798

173

(107)

89,943 92,061

86,725 96,665

Loans and receivablesdue from creditinstitutions Loans and receivablesdue from customers (1)

74

(74)

22,918

(11,777)

682,939

656,025

Held-to-maturity financial assets Other insurance-relatedassets

7,833 1,710

3

(2)

7,834 1,934

9,483 1,902

595 923

(371) (193)

Other debtors

16,831 997,618 160,211

17,561

14,648

Exposure to balancesheet commitments Exposure to off-balancesheet commitments

24,686

(12,524)

1,009,780 1,001,708

1,222

(299)

161,134

157,495

TOTALCREDIT AND COUNTERPARTY RISK EXPOSURE AT DECEMBER 31,2017 TOTALCREDIT AND COUNTERPARTY RISK EXPOSURE AT DECEMBER 31, 2016

1,157,829

25,908

(12,823)

1,170,914 1,159,203

1,145,730

26,773

(13,300)

1,159,203

Excludingdepositsof €10,190 millionwith CNP under the reinsurancetreaty. (1)

7.1.3

Impairment and provisions for credit risk

12/31/2017

01/01/2017

Charges

Reversals (1) Other changes (2)

in millions of euros

Available-for-salefinancial assets

83 73

30 10

(8) (5)

2

107

Interbanktransactions Customer transactions

(4)

74

12,278

3,590

(4,046)

(45)

11,777

Held-to-maturity financial assets

2

2

Other assetsrelatedto insurance activities

309 188

121

(58) (26)

(1)

371 193

Other debtors

25

6

Impairment lossesrecognizedin assets Provisions for loan and guarantee commitments

12,933

3,776

(4,143)

(42) (61) (86)

12,524

366 732

163 108 271

(169)

299 713

Other provisionsfor credit risk Provisionsfor liabilities

(41)

1,098

(210)

(147)

1,012

TOTALIMPAIRMENT AND PROVISIONS FOR CREDIT RISK

14,031

4,047

(4,353)

(189)

13,536

(1) (2)

Including€1,245 millionin reversalsof provisionsused. Otherchangesmainlyconcernforeignexchangerate adjustments.

Credit risk mitigation mechanisms: assets obtained by taking possession of collateral 7.1.4 The followingstatementshows by type the carryingamount of assets (securities,buildings,

etc.) obtainedduring the period by taking possession

of collateral or other forms of credit enhancement.

Fiscal year 2017

Fiscal year 2016

in millionsof euros

Non-current assetsavailable for sale

1 1

Investmentproperty

1

Equity and debt instruments

76 38

Other

39 40

TOTALASSETS OBTAINEDBY TAKING POSSESSIONOF COLLATERAL

117

306

Registration document 2017