BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

IFRS Consolidated Financial Statements of BPCE SA group 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

45,654 11,205 34,449

4,471 1,572 2,899

154 154

50,279 12,931 37,348

39,655

6,144 2,950 3,194

265 265

46,064 12,249 33,815

Fixed-income securities Variable-income securities

9,034

30,621

Derivatives

677

48,281 31,902

2,236 51,194

863

54,633 29,554

2,103 57,599

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

2

267 561

32,171

359

29,913

533

2,475

3,569

738

4,762

1,004

6,504

2

13,022

1,195 14,219

5

18,882

438 283

19,325

389 493

200

589 646

573 862

856

Other derivatives

140

13

120

19

1,001 2,871

Other financial assets

1,344

1,662

3,006

1,527

1,344

Financial assets held for trading 46,331

54,096

4,052 104,479 2,535 19,474

40,518 12,375

62,304

3,712 106,534 2,280 14,881

Securities

15,701

1,238

226

Fixed-income securities Variable-income securities

725

90

1,811

2,626

642

75

1,524

2,241

14,976

1,148

724

16,848

11,733

151

756

12,640

Other financial assets

22

40,793

2,248 43,063

47,366

2,382 49,748

Financial assets designated at fair value through profit or loss

15,723

42,031

4,783 62,537

12,375

47,592 10,471

4,662 64,629

Interestrate derivatives Currencyderivatives Hedgingderivatives Investments in associates

7,520 1,081 8,601 4,068 2,738 1,330 187

7,520 1,086 8,606

10,471

5 5

2,732

2 2

2,734

13,203

13,205

100

1,750

2,037

98

210

1,884

2,192

Other securities

55,517 49,655

3,503 63,088 3,067 55,460

51,583 46,863

3,547 2,395 1,152

3,564 58,694 3,438 52,696

Fixed-income securities Variable-income securities

5,862

436

7,628

4,720

126

5,998

Other financial assets

7

29

36

18

16

34

Available-for-sale financial assets

55,617

4,262

5,282 65,161

51,681

3,775

5,464 60,920

FINANCIALLIABILITIES Securities

25,750

343

26,093

22,113

1,038

23,151 54,272 26,060

Derivatives

586

48,466 31,509

1,998 51,050

752

52,609 25,738

911 294 154

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

60

258 251

31,827

28

395

4,202

4,848

523

7,377

8,054

1

12,063

1,166 13,230

1

18,442

35

18,478

467 225

315

782 363

419 633 349

423

842 838 349

Other derivatives Other financial liabilities

130

8

200

5

57

57

Financial liabilities heldfor trading

26,336

48,866 22,413 34,409

1,998 77,200

22,865

53,996 19,542 37,029

911

77,772 19,635 39,083

Securities

372

22,785

93

Other financial liabilities

2,908

1,196 38,513

1,170

884

Financial liabilities designated at fair value through profit or loss

2,908

56,822

1,568 61,298

1,170

56,571

977

58,718

Interest rate derivatives Equity derivatives Currency derivatives

7,303

7,303

9,914

3 1

9,917

1

2,697

2,697

3,877

3,877

Hedgingderivatives

10,000

10,000

13,791

4

13,795

400

Registration document 2017