BPCE - 2018 Registration document

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

Amounts due to customers 5.10.2

12/31/2018

01/01/2018

in millions of euros

Current accounts with credit balances

187,325 91,487 78,661 86,237 256,390 13,807 62,104 4

172,889 89,897 77,498 84,010 251,414 15,474 65,074 9

Livret A savings accounts

Regulated home savings products Other regulated savings accounts

Accrued interest

Regulated savings accounts Demand deposits and loans

Term accounts and loans

Accrued interest

1,783

1,964

Other customer accounts Other term accounts and similar Repurchase agreements Other amounts due to customers Guarantee deposits received

77,693

82,512

6,980 6,980 1,913

6,934 6,934 2,347

22

593

TOTAL AMOUNTS DUE TO CUSTOMERS

530,323

516,689

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

DEBT SECURITIES 5.11

Accounting principles Issues of debt securities 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”. Debt securities are classified based on the nature of the underlying, with the exception of subordinated notes presented under “Subordinated debt”. A new category of liabilities eligible for the numerator in the TLAC (Total Loss Absorbing Capacity) calculation has been introduced by French law and is commonly referred to as “senior non-preferred debt”. These liabilities have a ranking between the ranking of own funds and other “senior preferred” debt.

5

12/31/2018

01/01/2018

in millions of euros

Bonds

123,110 77,434

129,973 78,338

Interbank market instruments and negotiable debt securities Other debt securities that are neither preferred nor subordinated

1,919

1,871 4,856

Senior non-preferred debt

12,468 214,930

Total

215,038

Accrued interest

1,947

2,089

TOTAL DEBT SECURITIES

216,878

217,127

The fair value of debt securities is presented in Note 10.

305

Registration document 2018