BPCE - 2018 Registration document

FINANCIAL REPORT IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2018

Financial liabilities

01/01/2018

Carrying amount under IAS 39

Carrying amount under IFRS 9

Financial liabilities under IAS 39

Classification under IFRS 9 Note

Financial liabilities at fair value through profit or loss o/w fair value through profit or loss relating to trading activities

135,917

74,660 47,670

Derivatives

Financial liabilities at fair value through profit or loss

47,487

Liabilities related to insurance policies

183

Securities

Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss

26,948

26,948

Other liabilities

42

42

o/w designated at fair value through profit or loss

61,257 22,798 34,965

Securities

Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss

22,798 34,965

Securities sold under repurchase agreements

(a)

Other liabilities

3,494

3,494

Hedging derivatives

14,725 14,725

Hedging derivatives

14,726

Amounts due to credit institutions and customers

662,024 64,385 336,273 172,889 18,272 60,717 9,488

Deposits and loans

Amounts due to credit institutions

64,385 336,273

Amounts due to customers

Current accounts with credit balances

Amounts due to credit institutions

9,488

Amounts due to customers

172,889

Securities sold under repurchase agreements

Amounts due to credit institutions

8,890 6,934

5

Amounts due to customers

Financial liabilities at fair value through profit or loss

(b)

63,165

Accrued expenses and other liabilities

49,431 49,431

Accrued income and other assets

28,951

Financial assets at fair value through profit or loss

8,031 1,881

Amounts due to credit institutions

Amounts due to customers

593

Liabilities related to insurance policies Liabilities related to insurance policies

9,849

Technical reserves of insurance companies

83,711 216,957

83,711 217,127

Debt securities

Revaluation differences on interest rate risk-hedged portfolios

367 311 687 717

367 311 880 717

Current tax liabilities Deferred tax liabilities

Liabilities on assets held for sale

Provisions

6,392

6,796

Subordinated debt

17,410 71,201

17,411 69,582

Total shareholders’ equity

TOTAL 1,258,873 Securities sold under repurchase agreements classified as “Financial liabilities designated at fair value through profit or loss” under IAS 39 and managed under a trading business model are classified as (a) “Financial assets at fair value through profit or loss” under IFRS 9 for €34,965 million. Securities sold under repurchase agreements classified as “Liabilities at amortized cost” under IAS 39 and managed under a trading business model are classified as “Financial liabilities at fair value through (b) profit or loss” under IFRS 9 for €63,165 million. 1,259,850

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Registration document 2018