BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

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

The Group’s approachto the managementof overall interest rate risk and foreign exchange risk is discussed in Chapter 3 – Liquidity, interest rateand exchange rate risks. 7.4 Liquidity risk is the risk that the Group will be unable to honor its payment commitmentsas they fall due and replace funds when they are withdrawn. The funding proceduresand liquidity risk managementarrangements are disclosed inthe risk managementreport. Disclosures relating to the managementof liquidity risk required by IFRS 7 are provided in Chapter 3 – Risk management report – Liquidity, interestrate and foreign exchange risk. The table below shows the amounts of financial instrument by contractual maturity date. Financialinstrumentsmarkedto market on the incomestatementand held in the trading book, variable-incomeavailable-for-salefinancial LIQUIDITY RISK

assets, non-performingloans, hedgingderivativesand remeasurement adjustmentson interest rate risk-hedgedportfolios are placed in the “Perpetual” column. These financial instruments are: either held for saleor redeemedprior to their contractual maturity; ● or held for sale or redeemedat an indeterminabledate (particularly ● where they have nocontractual maturity); or measured on the balance sheet for an amount impacted by ● revaluation effects. Accrued interest not yet due is shown in the “Less than 1 month” column. The amounts shown are contractual amounts excluding projected interest. The technical provisionsof insurance companies,which, for the most part are equivalent to demand deposits, are not shown in the table below.

Total at 12/31/2017

Less than 1 month

1 to 3 months

3 months to 1 year

1 to 5 years

Over 5 years Perpetual

in millionsof euros

Cash andamountsdue from centralbanks

82,715

6

82,721

Financialassetsat fair value throughprofit or loss – tradingbook Financialassetsat fair value throughprofit or loss – fairvalue option

104,478 104,478

12,827 10,168 8,021 4,756 6,767 19,999 62,538

Hedgingderivatives

8,606

8,606

Available-for-salefinancial assets

936 1,747 2,946 20,777 25,476 13,279 65,161 16,784 10,785 19,220 46,495 27,131 1,170 121,585 47,853 23,339 18,054 53,554 80,781 17,750 241,331

Loans and receivablesdue from creditinstitutions Loans and receivablesdue from customers

Revaluation differenceson interestrate risk-hedged portfolios

5,096

5,096 2,126

Held-to-maturity financial assets FINANCIALASSETS BY MATURITY

7

94

543

699

783

161,122 46,139 48,784 126,281 140,938 170,378 693,642

Financialliabilities atfair value through profitor loss – trading book

77,198 77,198

Financialliabilities atfair value through profitor loss – fair value option

22,060 11,436 2,314 7,605 14,358 3,527 61,300

Hedgingderivatives

10,000 10,000 315 122,098 828 115,974 501 17,025

Amounts dueto credit institutions

45,674 10,449 8,194 41,004 16,462 86,803 14,533 9,467 2,095 2,248

Amounts dueto customers

Subordinated debt

364

3

551 15,606

Debt securities

17,815 21,711 48,356 60,158 52,993 4,851 205,884

Revaluation differenceson interestrate risk-hedged portfolios

307

307

FINANCIALLIABILITIES BY MATURITY Loan commitmentsgiven to credit institutions Financing commitmentsgiven to customers TOTALFINANCING COMMITMENTS GIVEN Guaranteecommitments given to credit institutions Guaranteecommitments given to customers TOTALGUARANTEECOMMITMENTSGIVEN

172,716 58,129 68,334 111,413 101,667 97,527 609,786

547

21

16

342

926

16,559 3,794 6,340 31,717 7,641 1,236 67,287 17,106 3,815 6,356 32,059 7,641 1,236 68,213

323

475

729

639 3,994

2

6,162

1,607 2,970 5,515 10,957 5,067 1,930 3,445 6,244 11,596 9,061

272 26,388 274 32,550

426

Registration document 2017