BPCE_REGISTRATION_DOCUMENT_2017

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

Analysis of assets and liabilities classified in Level 3 of the fair value hierarchy 5.5.2

AT DECEMBER 31, 2017

Gains and losses recognized during the period

Transactions carried out during the period

Transfers during the period

In the income statement (1)

On transactions removed from the balance sheet at the reporting date

On transactions in progress at the reporting date

Purch- ases/ Issues

To another reporting category

From and to another level (2)

In equity

Sales/ Redemptions

Other changes (3)

01/01/2017

in millions of euros FINANCIALASSETS Securities

12/31/2017

265 265

(8) (8)

(1) (1)

95 95

(70) (70)

(122) (122) 1,070

(5) (5)

154 154

Fixed-income securities

Derivatives

2,103

180

(82) (20)

160

(1,160)

(35) (13)

2,236

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

359

29

3

(111)

20

267 561

1,004

431

38

86 70

(1,007)

9

438 283

(205)

(100)

(37)

1,045

(16)

1,195

(73)

(5)

(4)

(1) (5)

200

Other derivatives

19

(2)

1

13

Other financial assets Financial assets held for trading

1,344

7

23

5,841

(5,485)

(68)

1,662

3,712 2,280 1,524

179

(60)

6,096

(6,715)

948

(108)

4,052

Securities

53

(5) 10

776 735

(574) (467) (107)

5 2 3

2,535 1,811

Fixed-income securities Variable-income securities

7

756

46

(15)

41

724

Other financial assets

2,382

(208)

73

1,233

(1,181)

(51)

2,248

5

Financial assets designated atfair value through profit or loss

4,662

(155)

68

2,009

(1,755)

(46)

4,783

Interest rate derivatives Currency derivatives

(1)

1

2 2

5 4

(2) (1) 18 13

5 5

Hedgingderivatives

Investments in associates

1,884 3,564 3,438

(8)

148 113

50

(455) (199) (183)

1,750 3,503 3,067

Other securities

5

(4) (8)

206 203

290

(372) (476)

Fixed-income securities Variable-income securities

(2)

93

2

126

7

4

3

197

(16)

104

11 11

436

Other financial assets

16

5

(3)

29

Available-for-sale financial assets

5,464

(3)

144 319

345

(657)

(372)

42

5,282

FINANCIALLIABILITIES Derivatives

911 294 154

(318)

368

(249)

1,280

6 2

1,998

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

49

(2) 18 (9) (7)

5

(93)

3

258 251

(106) (190)

286

(101)

35

77

(29) (26)

1,278

4

1,166

423

(74)

(1)

315

Other derivatives

5

3

8

Financial liabilities heldfor trading

911

(318)

368 242

(249)

1,280

6

1,998

Securities

93

(6) 75

(8)

51

372

Other financial liabilities Financial liabilities designated at fair value throughprofit or loss

884

(83)

1,019

(699)

1,196

977

69

(83)

1,261

(707)

51

1,568

Interest rate derivatives

3 1 4

(3)

Equity derivatives

(1) (1)

Hedgingderivatives

(3)

The main impacts recognized in the income statement are mentioned in Note 6.3. (1) The main transfers toandfromLevel 3 are described inNote 4.1.6. At December 31, 2017, the net impactonthebalance sheet of foreign currency options transferred to Level 3 was€231 million in liabilities. (2) The income statement wasnot impacted. Otherchangesinclude the impact of changes in the consolidation scope and foreign exchange differences. (3)

401

Registration document 2017