BPCE_REGISTRATION_DOCUMENT_2017

5 FINANCIAL REPORT

BPCE parent company financial statements

3.7

OTHER ASSETS, OTHER LIABILITIES

31/12/2017

31/12/2016

Assets

Liabilities

Assets

Liabilities

in millions of euros

Remaining payments due on investments in associates

0 0 4 0

4 0

0 0 4 0

4 0

Securitiessettlementaccounts

Premiums on optionsboughtand sold

367

367

Debt on borrowedsecurities and othersecurities debt (1) Tax and social securityreceivablesand liabilities

69,568

67,754

1,056

918

340

327

Security deposits paidand received

5

5

6

7

Other non-tradereceivables, otheraccounts payable (2)

1,092 2,157

1,842

645 995

3,757

TOTAL 72,216 Debton borrowedsecuritiesand othersecuritiesdebtmainlyrelatedto the borrowingof BPCEMasterHomeLoanssecuritiesfor €33,476million,the borrowingof BPCEHomeLoans2017_5for (1) €8,312million,and the borrowingof BPCEConsumerLoans2016_5for €3,161million.Thesesecuritieswereacquiredby participatinginstitutionsas part of the internalsecuritizationtransaction. Othernon-tradereceivablesincluded€441million in depositspaid,of whicha €204milliondepositpaid to BPCEMasterHomeLoans,a €29 milliondepositpaid to BPCEConsumerLoans,as well as (2) a €20 milliondepositpaid to BPCEHomeLoans,consolidatedsubsidiariesof BPCE.Otheraccountspayable included€1,836million in depositsreceived,of which€1,739millionfromNatixis. 72,704

3.8

ACCRUAL ACCOUNTS

31/12/2017

31/12/2016

Assets

Liabilities

Assets

Liabilities

in millions of euros

Foreign exchange commitments

0

175 635

399

0

Deferred gainsand losses on hedgedforward financial instruments

17

34

772

Issue premiumsand flotationcosts Prepaid expensesand unearnedincome

233

23 89

276

31

32

30

145 373

Accrued income/expenses* Items in processof collection

1,333

772

1,419

20 14

0

457

0

Other

43

77

12

TOTAL

1,649

1,737

2,692

1,333

Accruedincomemainlycomprisedaccruedintereston interestrate swaps (€1,272million).Accruedexpensesmainlycomprisedaccruedintereston interestrate swaps (€252million). *

3.9

PROVISIONS

3.9.1

 Statement of changes in provisions

31/12/2017

31/12/2016

Charges

Reversals Utilizations Conversion

in millionsof euros

Provisionsfor counterpartyrisk

4

(1)

3

Provisionsfor employeebenefit liabilities

110

5

(24) (11)

(2) (7) (3)

89 15

Provisionsfor litigation

22

11

Provisionsfor restructuringcosts Securitiesportfolio and financial futures

3 3 0 0

0 0 1 0

(3)

Long-terminvestments Real estatedevelopment Provisions for taxes*

1

416

187

(38)

(6) (9)

559

Other

52

6

(2)

47

Otherprovisions

471 610

194 210

(43) (79)

(15) (27)

607

TOTAL 714 The chargeto provisionsfor tax of €187millionmainlycorrespondsto the provisionof €108million in tax rebatesfor priorperiodscoveringan adjustmentin tax treatmentof certainCréditFoncier * transactionswheredeductibilityhad not beenentirelytaken into accountduringthe eventyear. 0

490

Registration document 2017