BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

BPCE parent company financial statements

TREASURY BILLS, BONDS AND OTHER FIXED-INCOME SECURITIES ➡

31/12/2017

31/12/2016

Available- for-sale securities

Held- to-maturity securities

Available- for-sale securities

Held- to-maturity securities

Trading securities

Trading securities

Total

Total

in millions of euros Listed securities Unlisted securities Securitiesloaned Securitiesborrowed

2,542 1,783

399

2,941 5,029

872

1,036 3,505

1,908 6,508

3,246

3,003

1,697

0

0

1,697

2,510

100

372

2,982

67,871

67,871

65,244

65,244

Doubtful loansand receivables

0

0

Accrued interest

29

17

46

16

24

40

TOTAL

69,568

4,354

3,662

77,584

67,754

3,991

4,937

76,682

o/w subordinated notes

0

0

Unrealized capital losses subject to an impairment provision on available-for-salesecurities amounted to € 16 million at December 31, 2017,compared with € 74 million at December 31, 2016. Unrealized capital gains on available-for-salesecurities totaled December 31, 2016. Unrealized capital gains on held-to-maturitysecurities amounted to € 101 million at December31, 2017, versus € 111 million at December 31, 2016. million at December 31, 2017, compared with € 34 million at € 43

Unrealized capital losses on held-to-maturitysecurities, whether or not they are subject to an impairmentprovisionto cover counterparty risk, totaled € 99 million at December31, 2017, comparedwith € 481 million at December 31, 2016. At December 31, 2017, the portion of bonds and other fixed-income securities issued by public bodies amounted to € 1,270 million, compared with € 986 millionat December31, 2016.

EQUITIES AND OTHER VARIABLE-INCOME SECURITIES ➡

31/12/2017

31/12/2016

Available- for-sale securities

Available for-sale securities

Trading securities

Trading securities

Total

Total

in millions of euros Listed securities Unlisted securities Accrued interest

1,224

1,224

1,240

1,240

18

18

20

20

0

0

TOTAL

0

1,242

1,242

0

1,260

1,260

At December 31, 2017, equities and other variable-incomesecurities included € 1,228 million in UCITS, with accumulation funds accounting for € 1,212 million of this total (compared with € 1,245 million in UCITS, with accumulation funds accounting for € 1,213 million of the total as of December 31, 2016). At December31, 2017, unrealizedcapital losses on available-for-sale securities subject to impairment amounted to € 35 million. At

December 31, 2016, unrealized capital losses subject to impairment amounted to € 35 million. Unrealized capital gains on available-for-salesecurities totaled € 77 million at December 31, 2017. At December 31, 2016, unrealized capital gainson available-for-sale securities were the same amount.

3.3.2

Changes in held-to-maturity securities

Disposals and redemptions

Category transfer Conversion

Discount/ premium

Other changes 31/12/2017

31/12/2016 Purchases

in millionsof euros Treasury bills

468

(450) (920)

(11)

(7)

0

Bondsand other fixed-income securities

4,469

23 23

90 79

3,662 3,662

TOTAL

4,937

0 (1,370)

0

(7)

The changes mainly reflected the disposal and amortization of shares in a portfolio of mortgage loan and public asset securitizationsfor a nominal amountof € 746 million.

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Registration document 2017