BPCE - 2018 Registration document

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

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES 10.1 Fair value hierarchy of financial assets and liabilities 10.1.1 The following statement provides a breakdown of financial instruments by type of price and valuation model:

TOTAL

Level 1

Level 2

Level 3

in millions of euros

FINANCIAL ASSETS Debt instruments

10,418

104,514 99,609

3,630 2,936

118,562 103,030 15,532 23,877 23,877 44,869 25,198

Loans due from credit institutions and customers

485

Debt securities

9,934

4,904

694

Equity instruments

23,788 23,788

80 80

9 9

Shares and other equity securities

Derivatives

1,903

41,237 24,960

1,729

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

2

236 406 943 144

1,646

4,657

6,709

11,122

12,065

266 233

410 487

Other derivatives

254

Financial assets at fair value through profit or loss – Held for trading*

36,109

145,831

5,368

187,308

Derivatives

918 724 194

80 71

998 795 203

Interest rate derivatives Currency derivatives

9

Financial assets at fair value through profit or loss – Economic hedging

918

80

998

5

Debt instruments

1 1 1

1 1 1

Loans due from credit institutions and customers

Financial assets designated at fair value through profit or loss

Debt instruments

2,732

2,156

5,485 2,604 2,881

10,373

Loans due from credit institutions and customers

979

3,583 6,790

Debt securities

2,732

1,177

Financial assets at fair value through profit or loss – Non standard

2,732

2,156

5,485

10,373

Equity instruments

204 204

881 881

751 751

1,836 1,836

Shares and other equity securities

Financial assets at fair value through profit or loss – Excluding assets held for trading

204

881

751 189

1,836

Debt instruments

33,334

3,885

37,408

Loans due from credit institutions and customers

5

21

26

Debt securities

33,334

3,879

169

37,382

Equity instruments

373 373

315 315

1,992 1,992

2,680 2,680

Shares and other equity securities

Financial assets at fair value through other comprehensive income

33,707

4,200 6,972 1,188 8,160

2,181

40,088

Interest rate derivatives Currency derivatives Hedging derivatives

6,972 1,188 8,160

TOTAL FINANCIAL ASSETS AT FAIR VALUE

72,752

162,147

13,865

248,764

*

Excluding economic hedging

351

Registration document 2018