BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

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

Breakdown of finance leases

12/31/2017

12/31/2016

Non-real estate

Non-real estate

Real estate

Total

Real estate

Total

in millions of euros Performingloans

6,429

4,964

11,393

6,139

4,602

10,741

Impaired loanoutstandings*

441

159 (52)

600

99

60

159

Impairment

(109)

(161)

(51)

(68)

(119)

TOTALLOANOUTSTANDINGSON FINANCE LEASES

6,761 10,781 At December 31,2017, impairedoutstandingsincludeall positionswith defaultingcounterparties,even thoughBPCE SAgroupowns the assetssubjectto the contracts.At December 31,2016 they * only includedunpaidamountsin respectof counterpartiesin default. 5.7 These are non-derivative financial assets with fixed or determinable paymentsthat the Group has an intention and ability to hold to maturity. 5,071 11,832 6,187 4,594 HELD-TO-MATURITY FINANCIAL ASSETS

12/31/2017

12/31/2016

in millionsof euros

Treasury billsand equivalent

1,083 1,045 2,128

1,582 1,455 3,037

Bondsand other fixed-income securities

Gross amountof held-to-maturityfinancialassets

Impairment

(2)

(2)

TOTALHELD-TO-MATURITYFINANCIALASSETS

2,126

3,035

The fair valueof held-to-maturity assets is presented inNote 15. Available-for-saleassets held by the insurancecompaniescontrolledby BPCE

SA group amountedto € 1,885 million at December 31, 2017 and

€ 2,066million at December31, 2016.

5.8

RECLASSIFICATION OF FINANCIAL ASSETS

Portfolio of reclassified financial assets In application of the amendments to IAS 39 and IFRS 7 “Reclassificationof financial assets,” the Group reclassified some of its financial assets. No significant reclassification was carried out infiscal year 2016 or 2017.

Carrying amount

Fair value

12/31/2017

12/31/2017

12/31/2016

12/31/2016

in millions of euros

Assets reclassifiedto: Loans and receivables

6,601 6,601

8,372 8,372

6,536 6,536

7,363 7,363

TOTALSECURITIES RECLASSIFIED

Change in fair value that would have been recognized if the securities had not been reclassified

Fiscal year 2017

Fiscal year 2016

in millionsof euros

Changein fair value that wouldhave been recognized in income if the securitieshad not been reclassified - that wouldhave been recognized in gains and lossesrecognizeddirectly in equityif the securities - had not beenreclassified

(2)

1

604

(93)

406

Registration document 2017