BPCE - 2018 Registration document

5 FINANCIAL REPORT

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

12/31/2018

01/01/2018

Accumulated depreciation and impairment

Accumulated depreciation and impairment

Gross amount

Net amount

Gross amount

Net amount

in millions of euros

Property, plant and equipment land and buildings -

4,135

(2,142)

1,993

3,961

(2,001)

1,960

leased real estate -

651

(227)

424

579

(211)

368

equipment, furniture and other property, - plant and equipment

7,368

(5,367)

2,001

7,475

(5,342)

2,133

TOTAL PROPERTY, PLANT AND EQUIPMENT

12,154

(7,735)

4,419

12,015

(7,554)

4,461

Intangible assets leasehold rights -

389

(222)

166 638 394

390

(213)

177 598 392

software -

2,949

(2,312)

2,757

(2,159)

other intangible assets -

718

(324)

687

(295)

TOTAL INTANGIBLE ASSETS

4,056

(2,857)

1,198

3,834

(2,667)

1,167

AMOUNTS DUE TO CREDIT INSTITUTIONS AND CUSTOMERS 5.10

Accounting principles These liabilities, which are not classified as financial liabilities at fair value through profit or loss, are carried at amortized cost under “Amounts due to credit institutions” or “Amounts due to customers”. Issues of debt securities (which are not classified as financial liabilities at fair value through profit or loss or through other comprehensive income) are initially recognized at fair value less any transaction costs. They are subsequently measured at amortized cost at each balance sheet date using the Effective Interest Method. These instruments are recognized on the balance sheet under “Amounts due to credit institutions”, “Amounts due to customers” or “Debt securities”. Securities are recorded in the balance sheet on the settlement/delivery date. Temporary transfers of securities are also recorded on the settlement/delivery date. The first-in, first-out (FIFO) method is applied to any partial disposals of securities, expect in special cases. For reverse repurchase transactions, a loan commitment received is recorded between the transaction date and the settlement/delivery date when such transactions are recorded as “Loans and receivables”.

Amounts due to credit institutions 5.10.1

12/31/2018

01/01/2018

in millions of euros Demand deposits

7,364 2,188

9,490 4,097

Repurchase agreements

Accrued interest

7

7

Amounts due to credit institutions – repayable on demand

9,559

13,593 64,650

Term deposits and loans Repurchase agreements

67,947

6,842 (168)

4,795

Accrued interest

(19)

Amounts due to credit institutions – repayable at agreed maturity dates

74,621

69,426

Guarantee deposits received

1,482

1,625

TOTAL AMOUNTS DUE TO CREDIT INSTITUTIONS

85,662

84,644

The fair value of amounts due to credit institutions is presented in Note 10.

304

Registration document 2018