BPCE_REGISTRATION_DOCUMENT_2017

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

Fiscal year 2016

Non-controlling interests

Summary financial information for 100% equity interests

in millions of euros 

Income attributed during the period to holders of non-controlling interests

Dividends paid to holders of non-controlling interests

Amount of subsidiary’s non-controlling interests

Net income attributable to equity holders of the parent

Comprehensive income attributable to equity holders of the parent

Percentage of non-controlling interests

Entity name

Assets Liabilities

Natixis group o/w Coface (1)

28.97% 492

7,420 1,082

425 527,859 506,728

1,374

1,576

58.67% 40.00% 49.99% 25.18%

8

44 7,061 8 1,833

5,301 1,420

42 59 58

58 66 58

o/w BPCEAssurances (1)

23 29

165

o/w H20 (1)(2) Locindus

35 64 81

55

130 724

37

1 1

3 5

471

6

6

Otherentities

TOTALAT 12/31/2016

494

7,565

433

(1) (2)

Non-controllinginterestsin Natixisgroup.

H2O datahavebeenaddedsince the disclosuremade in 2016.

CHANGE IN GAINS AND LOSSES RECOGNIZED DIRECTLY IN OTHER COMPREHENSIVE INCOME 5.23

Fiscal year 2017

Fiscal year 2016

Gross

Tax (19)

Net

Gross

Tax

Net

in millions of euros  

Revaluation differenceson defined-benefit pension schemes Revaluation ofown creditrisk on financialliabilities atfair value through profit or loss (1) Share ofgains and losses recognized directly in othercomprehensive incomeof associatesthat cannotbe reclassified in income

14

(5)

(73)

23

(50)

5

(198)

50

(148)

(142)

49

(93)

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(1)

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(1)

Items that cannot be reclassifiedin income

(154) (700)

(144)

Foreign exchange rateadjustments

(700)

/// 68

121

///

121

Change in thevalue of available-for-sale financial assets (2)

95

163

(358)

(63) (21)

(421)

Change in thevalue of hedging derivatives (3)

105

(41)

64

19

(2)

Share ofgains and losses recognized directly in othercomprehensive incomeof associatesthat can be reclassified in income

///

///

9

///

///

110

Items that can be reclassifiedin income

(464)

(192)

GAINS ANDLOSSES RECOGNIZED DIRECTLY IN OTHER COMPREHENSIVE INCOME(AFTERINCOMETAX)

(618) (381) (237)

(336) (409)

Attributable toequity holdersof the parent

Non-controllinginterests 73 The Groupdecidedto early-apply,fromDecember 31,2016,the provisionsof IFRS 9on the recognitionof own creditrisk for financialliabilitiesdesignatedat fair value throughprofitor loss (see (1) Note 2.2). O/w -€199 million(beforetax) reclassifiedas incomefor 2017,comparedwith -€681 millionin 2016;over the 2016 fiscal year,the capitalgain on Visa Europesecuritiesremeasuredat €831 million (2) was reclassifiedin incomeat the dateof theirsale to Visa Inc. O/w €81 million(beforetax) reclassifiedas incomefor 2017comparedwith €85 millionin 2016. (3)

415

Registration document 2017