BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

BPCE parent company financial statements

5.6.2

Income statement

Fiscal year 2017

Fiscal year 2016

Notes

in millionsof euros

Interest and equivalent income Interestand equivalent expenses Incomefrom variable-incomesecurities

3,730 (4,350)

4,262 (5,168) 1,025

5.1 5.1 5.2 5.3 5.3 5.4 5.5 5.6 5.6

935 156

Commission income Commission expenses

7

(188)

(35)

Net gains or losses on tradingbook transactions

65 53

31

Net gains or losses on available-for-sale securities and equivalent

165

Other bankingincome Other bankingexpense Net banking income Operating expenses

1

1

(18) 384

(7)

281

(133)

(188)

5.7

Writedown, amortizationand impairmentof property,plant and equipment and intangible assets

(7)

(17)

Gross operatingincome

244

76

Cost ofrisk

(1)

4

5.8

Operatingincome

243 262 505

80

Gains or losseson long-term investments

134 214

5.9

Incomebeforetax Non-recurringincome

0

0

5.10 5.11

Incometax

224

247

Funding/reversal ofthe fund forgeneralbanking risksand regulated provisions

0

0

NET INCOME

729

461

468

Registration document 2017