BPCE - 2018 Registration document

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

5.5.3

Loans and receivables due from customers at amortized cost

12/31/2018

01/01/2018

in millions of euros

Current accounts with overdrafts Other facilities granted to customers Loans to financial sector customers

12,881 649,775

12,555 618,787

8,016

6,387

Short-term credit facilities

74,027 161,710 347,693

68,688 154,912 328,712

Equipment loans

Home loans Export loans

3,802 8,518

3,417 9,226

Repurchase agreements

Finance leases

17,539

17,117

Subordinated loans

612

609

Other loans

27,858

29,718

Other loans or receivables due from customers

8,927

8,000

Security deposits paid

314

443

Gross loans and receivables due from customers

671,898 (12,617) 659,281

639,785 (13,348) 626,437

Impairment for expected credit losses

TOTAL LOANS AND RECEIVABLES DUE FROM CUSTOMERS

The fair value of loans and receivables due from customers is presented in Note 10. The classification of outstanding loans and impairment for credit losses by impairment Stage is detailed in Note 7.1.

5

5.6

ACCRUED INCOME AND OTHER ASSETS

12/31/2018

01/01/2018

in millions of euros

Collection accounts Prepaid expenses

5,503

3,289

375

308

Accrued income Other accruals

1,126 3,770

1,121 3,478 8,196

Accrued income and prepaid expenses

10,774

Settlement accounts in debit on securities transactions

365

353

Other debtors Other assets

17,984 18,349 29,123

17,512 17,865 26,061

TOTAL ACCRUED INCOME AND OTHER ASSETS

NON-CURRENT ASSETS HELD FOR SALE AND ASSOCIATED LIABILITIES 5.7

Accounting principles Where a decision is made to sell non-current assets and it is highly probable that the sale will occur within 12 months, these assets are shown separately on the balance sheet on the “Non-current assets held for sale” line. Any liabilities associated with these assets are also shown separately on the balance sheet on the “Liabilities associated with non-current assets held for sale” line. Once classified in this category, non-current assets are no longer depreciated/amortized and are measured at the lowest of their carrying amount or fair value less sales costs. Financial instruments continue to be measured in accordance with IFRS 9.

A non-current asset (or group of assets) is held for sale when its carrying amount is recovered by its sale. The asset (or group of assets) must be immediately available for sale and it must be highly likely that the sale will be completed within the next twelve months. At December 31, 2018, the assets and liabilities of entities held for sale were presented in accordance with IFRS 5 (Non-current assets

held for sale and discontinued operations) in two separate lines of the balance sheet, with € 2,639 million in non-current assets held for sale and € 2,096 million in liabilities associated with non-current assets held for sale.

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Registration document 2018